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 ...
Read More »Agriculture
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 ...
Read More »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 ...
Read More »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, ...
Read More »Belize High Court rejects Guyanese rice importation but importer not giving up
Reproduced from Belize Breaking News By Aaron Humes: Supreme Court Justice Sonia Young has declined to grant leave to Jack Charles to file for judicial review of a decision by BAHA to decline to allow him to import the three containers full of Guyanese rice sitting at the Big Creek Port. Hours after the ruling, Charles said he was not ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »