The Government has deemed as suitable the bond owned by Linden Holdings in Sussex Street, Georgetown, which it contracted to store pharmaceuticals at $1,200 a square foot, when a bond for $228 a square is available. The Government said that the rental will be negotiated downwards and if the negotiations are unsuccessful then twelve months […]
Tag Archives: governance
GUYANA STILL REELING FROM ONE PARTY RULE
The above headline to this article was borrowed from yesterday’s Guyana Chronicle, which reported on an assessment conducted by the United States Agency for International Development (USAID). While observers of the Guyana political scene did not need a foreign agency to confirm what some have been saying for some time, the fact that the USAID […]
70,000 SQ. FT. = $16 M; 10,000 SQ. FT. = $12 M!
Questioning of the Minister of Health by Opposition Members last Monday on an item seeking approval for $31,080,000, revealed that the sum was intended as expenses for renting a bond for the storage of pharmaceuticals. The Minister explained that rent of $19.2 million per month was being paid to New GPC and that the Government […]
GUYANA’S FUTURE AS AN OIL PRODUCER
The official information is that Guyana’s petroleum deposits are estimated to be equivalent to 800 million to 1.4 billion barrels of oil from the results of two wells. Many more wells are expected to be drilled by Exxon in the future and no one knows how much more oil, if any, would be discovered. The […]
BREXIT-LESSONS FOR CARICOM
The results of the referendum held in Britain to determine whether or not it should remain in or leave the European Union (EU), has been won by voters who supported the leave option. Prime Minister David Cameron attempted to resolve the opposition within the Conservative Party to membership of the European Union by way of […]