News Guyana Credit: Eccles-to-Mandela road 95% completed – Housing Minister
The much-anticipated Eccles to Mandela Avenue four-lane road is in its final stages, with 95 per cent of the works already completed, and according to Housing and Water Minister Collin Croal, it ...
News Guyana Credit: Baker Hughes opens facility in Guyana
The new multimodal supercentre has been built together with Baker Hughes’ existing completion warehouse and liquid mud and completion fluids plant, providing full support to customers in Guyana and Suriname.
News Guyana Credit: Republic Day Messages!
Peoples Progressive Party Civic On the occasion of Guyana’s 52nd anniversary as a Republic, the People’s Progressive Party (PPP) takes this opportunity to express best wishes to all Guyanese, ...
News Guyana Credit: Increased opportunity for Guyana to earn money from carbon credits – REDD+ Director
Back in April 2021, President Dr Irfaan Ali had announced that Guyana signed a letter of intent with US-based non-profit organisation (NGO), Emergent Finance Accelerated Inc, to market the country’s ...
News Guyana Credit: CWI CEO delighted over daily staging of U-19 World Cup tournament
By Carlena Knight [email protected] Cricket West Indies (CWI) CEO Johnny Grave has shared his pleasure with how the ongoing Under-19 ICC World Cup is progressing.
News Guyana Credit: Tullow Oil plc -- Moody's affirms Tullow Oil's ratings; stable outlook
Rating Action: Moody's affirms Tullow Oil's ratings; stable outlookGlobal Credit Research - 10 Feb 2022London, 10 February 2022 -- Moody's Investors Service ("Moody's") has today affirmed the B3 corporate family rating (CFR) and B3-PD probability of default rating (PDR) of Tullow Oil plc (Tullow Oil or the company). For additional information on the sovereign rating action, please refer to the related announcement: https://www.moodys.com/research/--PR_461698.RATINGS RATIONALEThe affirmation of Tullow Oil's ratings reflects Moody's view that the company can be rated one notch above the sovereign rating despite generating 70% of its daily production from oil fields in Ghana. Tullow Oil benefits from a degree of insulation from economic and financial disruptions potentially arising in case of sovereign distress, owing to: (i) its offshore production and direct sales of crude oil outside of the African continent, (ii) the limited exposure to foreign exchange risk supported by US dollar revenues, (iii) an established and diversified financing framework, independent of the Ghanaian domestic banking system and (iv) protection from adverse changes in tax regimes through stabilisation clauses included in the petroleum agreements.
News Guyana Credit: Eyewitness: Highways to happiness…in the Budget
As your Eyewitness has been emphasising, the PPP Government is focusing on building up our infrastructure – starting with highways. For a country like Guyana, highways aren’t only necessary – ...
News Guyana Credit: High banking fees: The antithesis of financial inclusion
If we assume that this vignette is representative of the general banking population in Jamaica, the recent announcement of increased banking fees (now rescinded) by National Commercial Bank (NCB) and ...
News Guyana Credit: Lancashire cricket legend Clive Lloyd finally receives knighthood
Cricket legend Clive Lloyd has finally received his knighthood after the ceremony was delayed due to Covid. | ITV News Granada ...
News Guyana Credit: Under-19 World Cup: Future stars to showcase their talents
Dubai: It’s time to unearth the next generation of Kohlis, Williamsons, Laras and Graeme Smiths to serve world cricket in the next decade. The Under-19 World Cup has ensured there is no short supply ...
News Guyana Credit: APNU+AFC spent $400M on defective pumps – Mustapha
Minister of Agriculture, Zulfikar Mustapha has called out the former APNU+AFC Coalition Government for its poor governing strategy, as evidence of wasteful spending continues to surface.
