New tender for marketing of oil launched

Vickram Bharrat The PPP/C government has scrapped the shortlist of 19 companies that had submitted proposals to sell Guyana’s portion of oil from the Liza-1 well and yesterday launched a new Request For Proposals (RFP). In a two-page advertisement in yesterday’s Sunday Stabroek, pages 20-21, the Ministry of Natural Resources advertised for RFPs for the provision of marketing services for ...

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Egypt’s central bank to offer EGP 20.5 bln T-bills to plug state’s budget deficit

The state’s budget deficit was widened under the pressure of the COVID-19 crisis to 6.5 percent of GDP in FY2019/2020 up from 6.2 percent in FY2018/2019 The Egyptian Central Bank offices in Cairo, Egypt The Central Bank of Egypt (CBE) is set to offer treasury bills (T-bills) in Egyptian pounds, on behalf of the finance ministry, on Sunday worth EGP ...

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Cricket-IPL gets government nod for UAE, invites new…

NEW DELHI, Aug 10 – India’s cricket board (BCCI) has received government permission to stage this year’s Indian Premier League (IPL) in the United Arab Emirates, the league’s chairman Brijesh Patel told Reuters on Monday. The BCCI had earlier announced the popular Twenty20 competition, which could not begin in March because of the COVID-19 pandemic, would be played in the ...

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Eliminate Bid Security for Indigenous SMEs to Promote Competition and Economy Growth

growth By the Charter Institute of Procurement & Supply (2012), bid security is an amount of money that may be calculated as a percentage of the budget estimate of a procurement requirement or a percentage of a bidder’s bid price. It is used by the client as protection against bidders withdrawing their bids prior to the end of their bid ...

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Finalists revealed in competition to find homes of the future

The Home of 2030 competition encourages the design of environmentally friendly homes that support people in leading independent, fulfilling lives as our society ages.  Six finalists announced in competition to find the leading design for the low-carbon, age-friendly homes of the futureBoost for low-carbon, modern home manufacturing as warranty providers work on shared standard for homes built using modern methods ...

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Microsoft (MSFT) Reportedly Pushing For Cloud Contracts With Foreign Governments

Later this year, Microsoft Corporation (NASDAQ: MSFT) is expected to push more for cloud contract efforts designed for foreign governments according to a CNBC report. These efforts follow the recent $10 billion Joint Enterprise Defense Infrastructure (JEDI) contract from the U.S. Defense Department that Microsoft won against Amazon. Microsoft won the $10 billion JEDI contract in October and it was valued ...

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Euronext, CDP among bidders for Borsa Italiana bond platform unit

Euronext has joined Italian state lender CDP in a bid for the LSE unit.  MILAN: A consortium comprising France’s Euronext and Italian state-lender CDP is among bidders for the bond-trading platform of the London Stock Exchange’s (LSE) Borsa Italiana unit, two sources said on Saturday. One of the sources said Deutsche Boerse and Swiss stock exchange Six had also presented bids ...

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S&P downgrades Lebanon bonds after missed payments

Beirut’s devastated port following the deadly explosion that ravaged the city in early August. The blast has added to the country’s mounting economic turmoil. WASHINGTON: Credit ratings agency S&P downgraded more Lebanese government debt issues after missed payments, citing the country’s worsening economic crisis following the devastating explosion in Beirut earlier this month. S&P Global Ratings maintained the “selective default” or ...

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Government Gets Ball Rolling For LIC’s Landmark IPO; To Hire Deloitte, SBI Capital Markets As Advisers

LIC building at Janpath in New Delhi.  Towards the implementation of its announcement from the Union Budget 2021-22 regarding the listing of the Life insurance Corporation (LIC) of India’s shares on the bourses, the Government is set to hire Deloitte Touche Tohmatsu India Limited and SBI Capital Markets Limited to get the ball rolling, reports Economic Times. The firms will advise the ...

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REACH – Construction of Small Dam in Talawan village | REACH-SUP-RFP-2020-004

Invitation to Bid ‘REACH-SUP-RFP-2020-004’ Our Organization, REACH (Rehabilitation, Education and Community Health) NGO, with the help of (BMZ-DKH) Organization Invites potential Contractors and Companies to bid for (Construction of small weir ‘Small dam’ for Talawan, Gori Asp, Tim Tima and Imam Mohammed villages in Talawan village- Sheikh Taweel sub district- Kalar district- Garmian administration- Sulaymaniyah governorate. Interested Companies and Contractors ...

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Imam Mahmoud Dicko: Ɗan siyasar da ya janyo juyin mulki a kasar Mali

An ruwaito cewa idan har shugabannin kungiyar bunkasa tattalin arzikin kasahen Afirka ta Yamma, ECOWAS, suna son samar da zaman lafiya a Mali da aka yi juyin mulki a kwanan nan, ya zama dole su yi sulhu da wani mutum mai suna Imam Mahmoud Dicko. Legit.ng ta ruwaito cewa an ce Dicko ne ke jagorancin boren da aka kwashe watanni ...

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SA seeks ‘BEE compliant’ proposals for emergency power

This RFP is expected to attract investment in the region of R40 billion. SA seeking emergency power South Africa has issued a request for proposals (RPF) to procure emergency power to help plug a severe energy shortage, the Department of Mineral Resources and Energy (DMRE) announced Saturday. The programme seeks to procure 2000 megawatts (MW) from a range of energy sources and ...

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​Textile Ministry to commission study on GST rates, inverted duty structure

Consultants to be asked to take into account industry woes, suggest changes in existing rates if needed The Textiles Ministry is planning to commission a study to analyse whether the Goods and Services Tax (GST) on textiles and apparels was creating an inverted duty structure hurting domestic production and if some changes were required. “There have been complaints from the ...

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RFP for new generation capacity under risk mitigation IPP Procurement Programme

83165_rfp_advert_risk_mitigation_21_aug_2020_final_media_ready[3][4].pdf Download REQUEST FOR QUALIFICATION AND PROPOSALS (RFP) FOR THE NEW GENERATION CAPACITY UNDER THE RISK MITIGATION INDEPENDENT POWER PRODUCER (IPP) PROCUREMENT PROGRAMME (“the Programme”) Tender no: DMRE001/2020/21 The Department of Mineral Resources and Energy (“the Department”) formally invites interested parties to register prospective bids under the Risk Mitigation IPP Procurement Programme. Prior to accessing the RFP, each prospective bidder is required to pay a non-refundable ...

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No prequalification process for new Request for Proposals to sell Guyana’s oil

Vickram Outar Bharrat. The Guyana government has decided to scrap the prequalification process in a fresh round of request for proposals for a company to sell the country’s crude oil from the Liza Phase One well. The request was published in notices published in the daily newspapers by the Department of Energy of the Ministry of Natural Resources. Minister of ...

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West African leaders press for Mali president’s release

Former Nigerian president Goodluck Jonathan, center, speaks to the media after being welcomed by spokesman for the National Committee for the Salvation of the People (CNSP) Ismael Wague, center-left, and CNSP Mediator for the West African regional bloc known as ECOWAS and former Nigerian president Goodluck Jonathan, center, speaks with ECOWAS Commission President Jean-Claude Kassi Brou, right, as they meet ...

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Government seeks 2,000MW of ‘emergency power’ — but with enough conditions to keep the lights off

Requirements around the procurement of 2,000MW of emergency power and R40bn of investment will switch off investor interest, says the writer The Department of Mineral Resources and Energy has launched a process to procure 2,000MW of ‘emergency power’ and R40bn in investment. Yet the process looks set to be throttled by red tape and disincentives. That should set red lights ...

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Call for trainers in compassionate care work

IAC’s programme coordinator Nicola Paugh The Inter Agency Committee for Children and Families has launched a training RFP. Individuals who provide training in target areas are invited to submit a proposal by Monday September 14th. More information is available online at https://iacbermuda.org/iac-training-rfp/. IAC is looking for professionals who have the knowledge, skills and training experience to provide training to human service ...

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BT Group board on alert for £15bn takeover approach

The telecoms giant has asked its City advisers to work on defending it against a potential £15bn takeover bid, Sky News learns. BT chief executive Philip Jansen. The board of BT Group is preparing to defend it against takeover approaches from industry rivals and buyout firms after the suspension of its dividend prompted its shares to slump to their lowest ...

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Cote d’Ivoire rejects election bids of ex-president Gbagbo, ex-rebel leader Soro

Former Ivory Coast President Laurent Gbagbo appears before the International Criminal Court in The Hague, Netherlands, January 15, 2019. Appeals made by former President Laurent Gbagbo and former rebel leader Guillaume Soro to be allowed to run in the country’s October elections were rejected by Ivory Coast election authorities, an official said on Friday. Gbagbo and Soro had appealed to ...

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