Pushpa Balgobin

Region Eight officials anticipate $4B budget

-will cooperate to tackle issues

After years of infighting during the last administration, the two new top officials in Region Eight (Potaro-Siparuni) have pledged to cooperate to tackle the many issues affecting the vast hinterland region and anticipate a budget of $4 billion this year to advance development projects.

Bartica-Potaro Road in deplorable state

The deplorable state of the Bartica-Potaro Road has persons who traverse it asking why there has been no visit by government officials since the May General and Regional Elections as well as no signal as to if or when major maintenance is likely to happen.

GPL CEO sacked after high-voltage clash

Bharat Dindyal has been let go as Chief Executive Officer (CEO) of the Guyana Power and Light Inc (GPL) after an ongoing clash with his deputy, whom he had accused of overstepping his authority by trying to send senior managers on leave and forcibly removing them from company offices.

$400M Jamaican cash infusion for ailing GuySuCo

-Cabinet defers bail-out decision

The cash-strapped Guyana Sugar Corporation (GuySuCo) has managed to secure $400M from the National Commercial Bank of Jamaica after modification of its loan terms and the struggling company was the subject of Cabinet discussions yesterday but a decision on a bail-out was put off.

Over 70,000 tonnes of rice exported in Jan-Feb

Guyana has exported over 70, 000 tonnes of rice for the year from the just under 140,000 tonnes carried over from 2014’s second crop and the first crop for 2015 is set to begin harvesting this month as questions persist about the adequacy of international markets.

Sugar output still dismal, Skeldon far below target

With its sugar output continuing to be far below expectation, the Skeldon sugar factory is preparing for the conversion of the current hydraulic dump system to an electric winch system which will help it get closer to its 350 tonnes per hour crushing potential originally promised under the China National Tech-nical Import and Export Corporation (CNTIC) construction contract.