Three of the four dailies on Friday headlined the second oil find by ExxonMobil at a well called Payara-1. Past predictions about the presence of petroleum deposits in off-shore Guyana were confirmed when ExxonMobil’s announced its world class discovery, the largest for 2016, at its Liza well. If the Payara-1 turns out to be large, […]
Tag Archives: governance
AMAILA AND THE NORCONSULT REPORT
I recall that long before a year had elapsed of Mrs. Janet Jagan’s presidency, an outcry arose regarding her failure to hold a press conference. She eventually held one about one year into her presidency. The voices calling out Mrs. Jagan in 1997-8 are still around, but have gone silent on President Granger failure to […]
A FOREBODING OF WHAT WILL HAPPEN IN 2017?
On December 29 the Attorney General’s Chambers issued a statement asserting that the lease that had been granted to the Cheddi Jagan Research Centre (CJRC) in connection with the property in Kingston, Georgetown, known as ‘Red House,’ was invalid. Extensive reasons were given as the basis for that conclusion. On the following day a statement […]
CURTIS VASCONCELLAS
Yesterday morning the Stabroek News reported that Plaisance businessman, Kenneth Earle, was shot twice and robbed of $4 million after leaving a city bank. On Friday last the Kaieteur News reported that Curtis Vasconcellas was one of two suspects captured on the Wednesday before during a high speed chase by police after allegedly grabbing $2.5 […]
FALTERING BETWEEN A ROCK AND A HARD PLACE
Guyana’s economy is declining. The growth rate fell this year and the projection for next year is modest. This means that the income of the Government has declined significantly and so has its ability to spend. Public expenditure is one of the two main props that keeps the economy ticking over and sustains employment, income […]