Guyana News

 The latest Guyana news from Stabroek News including oil and gas coverage, crime, politics, culture, business and more.

The termite infested LBI lounge before rehabilitation
The termite infested LBI lounge before rehabilitation

John Dow tipped to be GuySuCo chairman

After several months without a Board of Directors, the APNU+AFC Cabinet on Tuesday approved a new board for the Guyana Sugar Corporation (GuySuCo) with agriculture expert John Dow tipped to be chairman, sources say.

Minister Finance Winston Jordan (second from right) exchanging documents. Minister of Public Infrastructure, David Patterson is at left. (Ministry of Finance photo)
Minister Finance Winston Jordan (second from right) exchanging documents. Minister of Public Infrastructure, David Patterson is at left. (Ministry of Finance photo)

Guyana signs historic US$20m loan with IsDB

Guyana yesterday signed a historic first loan for US$20m with the Islamic Development Bank (IsDB) in Jeddah, Saudi Arabia and Finance Minister Winston Jordan played up the country’s prospects in light of the looming oil and gas economy.

Memorandum of Understanding on Energy Sector Cooperation between The Co-operative Republic of Guyana and the Republic of Trinidad and Tobago

The Co-operative Republic of Guyana and the Republic of Trinidad and Tobago (hereinafter referred to individually as “the Party” and collectively as “the Parties”); CONSIDERING the commitment of both governments to continue the development of cooperation mechanisms to foster the creation of an environment conducive to energy integration on the basis of the principles of reciprocity, solidarity and respect for sovereignty; RECOGNIZING that the development of the energy sector contributes significantly to the strengthening of economic and social development while improving the quality of life of the citizens of both Parties; The Parties have reached the following understanding: Article 1 Objective This Memorandum of Understanding on Energy Cooperation (hereinafter referred to as MOU) establishes the process through which the Parties agree to work with each other in the development of the energy and energy related sectors of the Parties with the aim of developing and promoting joint projects throughout the hydrocarbon value chain in accordance with the provisions hereof and without prejudice to their respective national legal systems.

Deputy Chairman of the Local Government Commission, Andrew Garnett (left) and former Chancellor Justice Cecil Kennard addressing reporters at the LGC’s Eping Avenue office yesterday.

Kennard sworn in for city probe

Former Chancellor of the Judiciary, retired Justice Cecil Kennard was yesterday sworn in as the sole commissioner on the Commission of Inquiry (CoI) into the administration and operations of the Georgetown Mayor and City Council (M&CC).

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