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Agriculture

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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GAWU named as major contributor to downfall of GuySuCo

The Guyana Agricultural and General Workers Union (GAWU) has been named as one of the major contributors to the downfall of the Guyana Sugar Corporation (GuySuCo). A recently completed Commission of Inquiry into the sugar industry said that the Union drove a hard bargain with regards to pay increases and bonuses which contributed in no small part to GuySuCo’s current ...

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GAWU dumps idea of merging Wales, Uitvlugt factory operations

The Guyana Agricultural and General Workers Union (GAWU) on Tuesday rejected suggestions by government that the Wales and Uitvlugt sugar factories be merged. “We are opposed to the closure of any factory,” GAWU President, Komal Chand told Demerara Waves Online News. Chand said such a move result in closure of the Wales Estate and increased operational costs by private cane farmers ...

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Hope Estate Chairman, Agri Minister in tug-o-war over Admin Manager

A dispute has broken out over the appointment of an Administrative Manager for Hope Coconut Industries Limited, with the Chairman of the Board Iamei Aowmathi over-ruling a decision by Agriculture Minister Noel Holder. Moments after the appointee, Aseef Balmacoon, was told again by Aowmathi to leave his office, he made an impassioned plea for President David Granger to intervene in ...

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