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Agriculture

Wales sugar workers protest estate closure outside of Parliament

Scores of sugar workers that are attached to the Wales Estate descended on Parliament Buildings on Thursday afternoon in staunch protest of a decision by the Guyana Sugar Company (GuySuCo) to shut down the estate. They shouted “Don’t Close Wales,” “We need sugar,” “Long live Wales Estate” and “Dont close no estate,” while their placards read “No to the closure ...

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Wales Estate was “economic nightmare”; Gov’t says no one will be in jeopardy

State Minister Joseph Harmon has described the situation that the Guyana Sugar Corporation (GuySuCo) was faced with as an “economic nightmare” even while assurances were being given that stakeholders would not be jeopardized. Harmon at a post cabinet press conference on Wednesday defended the decision by GuySuCo’s management to close the estate and the Government’s support of the said plan. ...

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PPP ready to help govt secure US$50 million to rehabilitate sugar industry

Opposition Leader Bharrat. Jagdeo Wednesday said the People’s Progressive Party Civic (PPPC)-led administration had planned to secure a US$50 minion line of credit from India to rehabilitate the sugar factories. He pledged to help the coalition administration to get the money. “We can work with them ‎ to mobilise 50 million dollars,” he told a news conference at Freedom House, ...

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Wales Estate being closed because it will be too expensive to fix- GuySuco’s boss

The Wales sugar estate has been in a sinking economic state, and over the years, finances were shuttled from the estates which were performing to support that West Demerara estate. This was made clear by Chief Executive Officer of the Guyana Sugar Corporation (GuySuCo), Errol Hanoman during a televised interview on the National Communications Network (NCN) Tuesday evening, hours after Opposition ...

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Closure of Wales estate an “assault on PPP strongholds” – Jagdeo

Leader of the Opposition Bharrat Jagdeo says that the move by the APNU+AFC administration to cease all operations at the Wales Sugar Factory and  Estate of the Guyana Sugar Corporation (GuySuCo)  is a direct assault on supporters of the Opposition People’s Progressive Party (PPP) but it will not bode well for the country. Jagdeo, addressing cane-cutters , residents and others at ...

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Pest infestation leads to short supply of coconut, plantains

Currently there is a short supply of coconuts and plantains on the local market as a result of an infestation by pests in the local farming communities. Areas that predominantly produce coconuts and plantains such as Pomeroon and the Wakenaam Islands have reported an infestation of West Palm Mite and Black Sigatoka. The Chief Executive Officer (CEO) of the National ...

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Guyana, Belize exploring formal rice agreement

Guyana wants a bilateral agreement with Belize for the supply of rice to that Central American nation should there be a shortfall in domestic production there, the Ministry of Agriculture said Wednesday. The Agriculture Minister of Guyana, Noel Holder floated the idea of a rice accord as part of a Joint Commission approach in talks with Belize’s Deputy Prime Minister, ...

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PPP shuts down recommendation to ‘break-up’ GuySuCo

Opposition Leader Bharrat Jagdeo says that the People’s Progressive Party (PPP) will “vigorously oppose” any plans or recommendations dismantle the Guyana Sugar Corporation (GuySuCo). According to Jagdeo, the PPP will “vigorously oppose any plan to dismantle GuySuCo, adding that “the country will not suffer because of political decisions in the economic sphere.” The former President was at the time speaking ...

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Break-up of Guysuco proposed

The state-owned Guyana Sugar Corporation (Guysuco) should exit the production of bulk sugar for export and be broken up into small potentially profitable ventures, according to the Commission of Inquiry. “Guysuco will, therefore, be deconstructed into several subsidiary operations/business units/ revenue streams based on appraisals of their potential profitability,” states the document. The probe team further recommended that if by ...

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