On this first day of the New Year I wish my readers, the readers of SN and all Guyanese, a joyful day and a successful 2022. In the new year we should give some thought to the thirty percent of Guyanese who live below the poverty line and about thirty percent of those who live […]
Category Archives: Oil
WHY GUYANA’S ECONOMY BEEN IN SHACKLES SINCE COLONIAL TIMES
Guyana’s is and has always been a primary producer. During its years of Independence, although there was some economic growth, Guyana was unable to significantly diversify its economy by, firstly, adding value to what it produced and, secondly, advancing the process of industrialisation. Apart from political instability and consequential factors, the absence of an adequate […]
URGENT REFORMS
Yesterday’s online edition of SN contained four separate articles about oil, the most important of which were reports of speeches by the Canadian High Commissioner and the United States Ambassador. In her farewell address, Ms. Lilian Chaterjee said that Guyana lacked the labour force needed for the ‘explosive’ oil-linked growth that is coming. The US […]
SAD TO SAY
It is sad to say that the Global Witness report, “Signed Away,” analyzing EEPGL’s (the ExxonMobil controlled Esso Exploration and Production Guyana Limited) agreement with Guyana and the damning circumstances leading up to its signing, will not influence the vote of more than a handful of people, if so many, at the elections on March […]
DEAD MEAT
The AFC declared on Monday last that it would be contesting the November 12 local government elections on its own. It could be that in the discussions between the parties the AFC put forward for the local government elections the same formula agreed in the Cummingsburg Accord, signed by the parties on February 14, 2015. […]