Continuing on the path to progress

We have just ushered in 2011 and it is important that we reflect on the significant achievements as well as challenges of the past year.   Guyana’s economy has performed well in 2010, experiencing positive economic growth despite the global financial meltdown, and can also boast a foreign exchange reserve of around US$800 million. But crime and the security situation have proven challenging in the last year, despite notable successes.  There have been numerous investment opportunities throughout the country; but, on the other hand, the sugar industry, one of our main…

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Greenidge accepts nomination to be PNCR presidential candidate

By Janelle Persaud Former Finance Minister Carl Greenidge has accepted the nomination to be the presidential candidate of the People’s National Congress Reform (PNCR) in the 2011 general elections. He handed over his letter of acceptance to the party’s general secretary, Oscar Clarke, late Monday at Clarke’s Congress Place office.  Speaking to the media just before handing over his acceptance letter, Greenidge said his decision has been influenced by approaches from several persons, and ultimately learning that his contract with his employer, Caricom, would not be renewed at the end…

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Grenade blast kills man at Stabroek Market- 19 others injured

By Rehana  Ramcharan   The early morning explosion of what is believed to be a grenade at the Stabroek Market Square has left one man dead and 19 others injured. Up to last night (January 5), the injured were receiving treatment for burns, punctures and other injuries about their bodies.  The explosion, which occurred at around 10:30hrs at a beverage stall southeast of the Stabroek Market, sent vendors and passersby alike scampering for cover, since most of them believed that several explosions would follow the first one. The owner of the…

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New wave of development sweeping Guyana – Jagdeo

President Bharrat Jagdeo, in a New Year’s message to citizens, said a new wave of development has begun to sweep Guyana. He said that, over the next decade, “we can create a new Guyana with high quality infrastructure and catalyse new economic sectors, while providing global leadership.” The president said the outlines of this new Guyana are taking shape. “If the Berbice Bridge, better housing, education and health are examples of the transformational change from the last two decades, the first examples of the next wave of change are becoming…

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GECOM ready for polls – Surujbally … Says action plan puts elections date in August 2011

By Radha  Motielall  Chairman of the Guyana Elections Commission (GECOM), Dr Steve Surujbally, has said that, barring a few statutory matters, the commission is ready for the keenly-anticipated national and regional elections which are due this year. Surujbally also predicted an election date in August, although he said the setting of the date is completely out of his hands, as this was a matter for the president.    Political parties expected to contest elections, which were last held in 2006, have begun identifying possible presidential candidates, and President Bharrat Jagdeo, in…

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GBTI pushing clean energy through ‘green’ loans plan

The Guyana Bank for Trade and Industry (GBTI) has expressed hope that Guyanese will become more aware of the importance of preserving the environment, and the bank intends to promote this idea through its recently-launched Green Loans Plan.  In an interview, the bank’s head of credit, Shaleeza Shaw, who spearheaded the initiative, revealed that the idea was born out of the bank’s intent to fulfil its corporate responsibility in light of Guyana’s growing role in the fight against climate change.  “We are targeting individuals and businesses who want to engage…

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Zeelugt murder/suicide was a case of crazy love – relatives

By Rehana  Ramcharan   They were madly in love with each other, and none of them trust each other. They were insecure and this led to what happened Monday,” a relative of the woman from East Bank Essequibo, whose reputed husband stabbed her to death then hanged himself, said.      Amrit Hemchand, the 21-year-old man who killed Saleema Mohamed, had reportedly received a phone call on Sunday, December 2 from a male friend, telling him that the woman was seen in her bathroom with her new boyfriend. Hemchand then sneaked into Mohamed’s…

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JOPP says coalition talks making progress

The Joint Opposition Political Parties (JOPP) grouping is proceeding with its plans to contest the 2011 general elections as a team, and is optimistic that this approach would bring success. Within a few days, the group is to make an announcement on its progress and plans, PNCR leader Robert Corbin disclosed on January 4. In an invited comment, GAP/ROAR Member of Parliament Everall Franklin said the body has been meeting with various interest groups as negotiations continue. Asked what the response was like to those discussions, he related that individuals…

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Gy$600M funding facility for non-traditional agri drive in 2011

Guyanese farmers and investors in the non-traditional agricultural sub-sectors will be able to access finances for their activities from two funding facilities starting next year. The two financial packages will make some Gy$600 million available for disbursement in grants and loans. The Guyana Bank for Trade and Industry (GBTI) would operate one of the facilities, while the Institute for Private Enterprise Development (IPED) would implement the other. The facilities target farmers, exporters, and other investors interested in diversification activities, such as fruits and vegetables, livestock and aquaculture. The Agriculture Export…

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Trio accused of plotting to overthrow government

-Remanded to Prison By: Bhisham  Mohamed  A Guyana Defence Force major and his wife, and a former lieutenant colonel were on Tuesday arraigned at the Georgetown Magistrate’s Court One on a joint charge of treason against the government of Guyana.    Leonard Wharton, the former lieutenant colonel and proprietor of the La Chalet Country Club; and Major Bruce Munroe, and his wife Carol Ann, the directors of the Young Achievers Academy, were not required to plead to the charge of treason. This offence is punishable by the death penalty, according to…

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