• Contact Us
  • Advertise with us!
  • Classifieds
Friday, May 1, 2026
  • Login
Demerara Waves Online News- Guyana
  • Home
  • News
    • Premium News
    • Politics
    • Courts
    • Crime
  • Oil & Gas
  • Business
  • Agriculture
  • Health
  • Education
  • Sport
  • Opinion
  • Podcast
  • Contribute Securely
No Result
View All Result
  • Home
  • News
    • Premium News
    • Politics
    • Courts
    • Crime
  • Oil & Gas
  • Business
  • Agriculture
  • Health
  • Education
  • Sport
  • Opinion
  • Podcast
  • Contribute Securely
No Result
View All Result
Demerara Waves Online News- Guyana
No Result
View All Result
Home Business

Govt says dedicated team working to reopen sugar estates: rejects Mr. Granger’s “fake news” comment

Denis Chabrol by Denis Chabrol
Monday, 17 August 2020, 14:46
in Business, News, Politics
0 0
0
Zulfikar Mustapha debunks Ramkarrans article as “mischievous”

Zulfikar Mustapha.

Last Updated on Monday, 17 August 2020, 14:46 by Denis Chabrol

In rejecting claims that the new government does not have any serious intention of reopening closed sugar estates, Agriculture Minister Mr. Zulficar Mustapha has asked Guyanese to be patient and confident in the new administration’s plan to deliver on that promise.

Mr. Mustapha was responding to comments made by former President Mr. David Granger, who said in an interview over the weekend that the new government’s plans and commitments to reopen the sugar estates is “fake news.”

But Mr. Mustapha said this is not the case, as a dedicated team is working around the clock to ensure that all is in place for a smooth reopening. He said, “We and the workers are well aware that this will not happen at the click of a finger, but it will take time.”

Mr. Granger during his presidency, closed Wales, Enmore-East Demerara, Rose Hall-Canje and Skeldon Estates and laid off more than 5,200 workers.

The Minister said these shuttered factories suffered damages that “will take dedication and determination to repair.” The team is also expected shortly to meet with executives from various farmers’ groups, the Guyana Agriculture Workers’ Union (GAWU) and other stakeholders.

According to Mr. Mustapha, the government through his ministry, intends to pursue areas of diversification that would bring back the jobs lost, expand employment opportunities, and re-create wealth in these communities, reaffirming that agriculture will continue to be a main contributor to Guyana’s economy.

“Our President (Dr. Irfaan Ali) stated publicly that we will work to bring back economic life to the businesses, specifically, and the community of Wales. Also, the Ministry of Agriculture has set up a team to examine areas of support to families through targeted interventions during the transitional phase,” the minister added.

Mr. Mustpaha reminded that under the previous government, the Special Purpose Unit (SPU) was preparing to sell off these estates to the best bidder. “My Ministry will ensure that all of these processes are stopped immediately so that the lands can be used for the benefits of the people of this country. Also, we will work with NICIL (National Industrial and Commercial Investments Limited).”

Government, he said, also plans to appoint, shortly, a new Board of Directors to oversee the cash-strapped Guyana Sugar Corporation (GuySuCo). It is also working to reshuffle the management of the corporation, which is part of the comprehensive plan of action to restore productivity to the sugar industry.

GuySuCo needs GYD$1.6 billion for the remainder of 2020. This includes money for wages and salaries for the remainder of this month. Under the previous administration during the electoral impasse, a request was made to NICIL for an amount of GYD$1 billion, but only GYD$550 million was approved.

He said at least GYD$1 billion is required to cover operational expenses until the corporation begins receiving earnings in the second week of September.
Since 2015, the former coalition government had insisted that seven sugar estates were proving a major problem for the national treasury.

(S. Sukhnandan)

Share this:

  • Print (Opens in new window) Print
  • Email a link to a friend (Opens in new window) Email
  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on Telegram (Opens in new window) Telegram
  • Share on WhatsApp (Opens in new window) WhatsApp

Discover more from Demerara Waves Online News- Guyana

Subscribe to get the latest posts sent to your email.

Previous Post

RUSAL, other companies must allow union representation- Labour Minister

Next Post

Private sector minimum wage up for review- Labour Minister

Next Post
Private sector minimum wage up for review- Labour Minister

Private sector minimum wage up for review- Labour Minister

Recent News

OPINION: Brooch Diplomacy and Strained Unity

OPINION: Brooch Diplomacy and Strained Unity

Thursday, 30 April 2026, 19:47
OPINION: Guyana’s foreign policy alone can situate it as an emerging middle power

OPINION: Guyana’s alignment with Brazil will facilitate its Continental Destiny in South America

Thursday, 30 April 2026, 19:00
GY$3 billion cash support for rice farmers

GY$3 billion cash support for rice farmers

Thursday, 30 April 2026, 17:00
Guyana slips further on global press freedom ranking, remains “problematic”

Guyana slips further on global press freedom ranking, remains “problematic”

Thursday, 30 April 2026, 8:41
GPL threatens legal action against Chinese construction company for GY$30 million blackout losses

GPL threatens legal action against Chinese construction company for GY$30 million blackout losses

Thursday, 30 April 2026, 10:53

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 156.7K other subscribers

Demerara Waves Media Inc. is a Guyana-based digital news media company committed to delivering timely, credible, and relevant news coverage. We report on key national issues, including politics, business, crime, education, health, sports, and culture, serving readers in Guyana and abroad.

Other News and Opinion Wesbsites

  • Caribbean Political Economy
  • The View From Europe
  • Pan Caribbean Voices
  • Huffington Post
  • Caribbean Life
  • New York Daily News
  • New York Post
  • Share News
  • Caricom Headquarters
  • Association of Caribbean States
  • Organisation of Eastern Caribbean States

Recommended News Links

  • Insight Guyana
  • BBC Latin America
  • Prensa Latina
  • Mercopress
  • Inter Press Service
  • Caribbean Media Corporation
  • Al Jazeera
  • Voice of America
  • Business News Americas
  • All Africa
  • Catholic News Agency
  • Xinhaunet China News Agency
  • Home
  • News
  • Oil & Gas
  • Business
  • Agriculture
  • Health
  • Education
  • Sport
  • Opinion
  • Podcast
  • Contribute Securely

© 2026 Demerara Waves Media Inc. | A GxMedia Website Solution.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Premium News
    • Politics
    • Courts
    • Crime
  • Oil & Gas
  • Business
  • Agriculture
  • Health
  • Education
  • Sport
  • Opinion
  • Podcast
  • Contribute Securely

© 2026 Demerara Waves Media Inc. | A GxMedia Website Solution.