Daily Archive: Friday, October 19, 2018

Articles published on Friday, October 19, 2018

President David Granger addressing Parliament yesterday

Gov’t taking steps to ensure oil revenue not squandered

Oil production, expected to begin in 2020, “will be the most transformative economic development” in Guyana’s history and the current administration is taking steps to ensure that revenues accrued from the sector will not be squandered but will be invested strategically to build human and institutional capacity, address the infrastructural deficit and provide economic security for future generations says President David Granger.

GECOM Chairman’s appointment legal

The Appeal Court yesterday upheld the legality of President David Granger’s unilateral appointment of retired judge James Patterson as Chairman of the Guyana Elections Commission (GECOM), saying that he did not act unreasonably in doing so.

Pacesetters tame Sonics

Pacesetters and University of Guyana (UG) Trojans secured contrasting wins in the Under-23 section, when the Georgetown Amateur Basketball Association’s League Championship continued on Wednesday.

An aerial view of D’Urban Park

Funds for $1.15B D’Urban Park sourced from road repairs, infrastructure allocations

In addition to tapping into the Contingency and Lotto funds, the Ministry of Public Infrastructure (MPI) sourced money from its road works and infrastructure development budget to complete D’Urban Park, according to the preliminary findings of the Auditor General, which also said there is no evidence of checks on works for which the private company that started the project was given half a billion.

Street-vended foods and their safety risks: Protecting the vulnerable

With street-vended foods at least equaling restaurant-prepared and home-cooked food in their popularity in Guyana and elsewhere, they have, understandably, become associated with significant health risks arising out of the sheer frequency of their consumption in circumstances where their food-safety ‘credentials’ are, for the most part, unknown.

Going big: A marijuana farm in Canada

Canada launch of legal marijuana leaves Caribbean at starting line

As of Wednesday, Canada, not known traditionally for a liberal official policy on drugs, launched its own legal marijuana marketplace marking what a Jamaica Gleaner article calls “a profound social shift” though the article argues that what has pushed Canada in this direction is a “fervent desire to rein in an unregulated and continually growing black market for the widely popular substance and to bring it into a regulated tax system.”

Rahkeem Cornwall was in devastating form scoring an unbeaten century against the USA.

Cornwall’s century sends USA to fifth defeat

BRIDGETOWN, Barbados, CMC – Rahkeem Cornwall’s scintillating unbeaten century condemned USA Cricket to their fifth loss in six games, as they went down by 47 runs via the Duckworth/Lewis method to the Leeward Islands Hurricanes in their rain-affected Group B match in the Regional Super50 here at the Three W’s Oval yesterday.

Minister not doing sugar workers any favours

Dear Editor, The Guyana Agricultural and General Workers Union (GAWU) saw in yesterday’s dailies a full-page advertisement by the Ministry of Finance informing that the Minister Winston Jordan would be seeking Parliamentary approval for monies to settle the outstanding severance payments to the thousands of sugar workers the Government laid off since it came to office.

Carry on plundering

Dear Editor, As I observe the latest hullabaloos over conflicts, integrity commissions, disclosures and that dysfunctional family tree, I ponder again as to why so many, sometimes, make life complicated and difficult. 

Every Man, Woman and Child Must Become Oil-Minded (Part 62)

Introduction During the recently-concluded United Nations General Assembly in New York, USA, the Guyana Delegation led by Foreign Minister Carl Greenidge facilitated a meeting between the Governor of the Bank of Guyana and representatives of Merrill Lynch, the investment arm of the Bank of America Corporation which had expressed an interest in Guyana’s proposed Sovereign Wealth Fund.

The New Guyana Marketing Corporation has agreed to provide us with the above information which we will publish on a weekly basis subject to receipt.

Market prices

(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service)   *Prices only represent the average Wholesale Farmgate and Retail Prices at the above mentioned markets and are NOT prices set by the Guyana Marketing Corporation or Ministry of Agriculture.

The Berbice Bridge toll

The legitimacy or otherwise of the adjusted toll rates recently announced for the Berbice Bridge aside, there are, as every rational thinking person would agree, other considerations which are at least of comparable importance.

Mining deaths and GGMC’s responsibility

Accidental deaths in the gold mining industry in Guyana have been a steady occurrence over the years due to very questionable and highly risky operational methods, and a non-observance of proper Occupational Health and Safety (OHS) practices.