Guyana is still officially named “The Co-operative Republic of Guyana.” The name was devised at the time when Guyana discovered its own path to socialism – through co-operatives. Thus Guyana’s theory of co-operative socialism was reflected in its name. The spectacular collapse of “co-operative socialism” and the co-operative movement led to the complete abandonment of […]
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A news report said that a World Bank team was in Guyana to discuss with officials the “adopting of modern legislation that will allow customers to offer assets other than real estate as guarantees for loans.” This is welcome news. But this work has already been done. In the mid 1990s a Canadian expert visited […]
T.E.S.P.A. is the lawyers’ acronym for the Termination of Employment and Severance Pay Act. It was passed in 1997 and is one of the most important pieces of legislation in the history of Guyana. Its objective is “to provide for the conditions governing termination of employment and grant of redundancy or severance pay to employees […]
The President’s announcement that the US$15 million contract for the access roads to the Amalia Falls, in preparation for the construction of the hydro power facility, has long been awaited. It comes after years of effort by Synergy Holdings and creative assistance by President Jagdeo in encouraging Synergy and in assisting to secure the financing. […]
I do not believe in the existence of evil spirits. Many, perhaps most people, do. Had I so believed, I would not have hesitated to conclude that I must have been possessed to have done some of the stupid things I did in life. But that’s another story. During the 1960s I witnessed several Kali […]
