Guardians of Guyana
Amid concerns raised about the general operation of the Enmore Packaging Plant, Agriculture Minister Dr Leslie Ramsammy said the recently-built factory is in full operation, but it will be some five to eight years before it starts to function in its full capacity. Dr Ramsammy made this statement on Friday, during a tour of the … Read more
The Inter-American Development Bank says the weak enforcement of property rights and contracts which the private sector confronts is more likely the result of an “ineffective and overwhelmed” judicial system than inappropriate laws governing commercial activities and contract enforcement.“Decisions are too often neither prompt nor transparent and often appear to be based on questionable jurisprudence,” … Read more
Questions are mounting over the operations of a cooperative financial institution, established in March, soliciting deposits from the public but not falling under the supervision of the Bank of Guyana to ensure the safety of members’ deposits.The National Cooperative Credit Union and Trust Limited (NCCUTL), the first national cooperative society with scope over the entire … Read more