Agriculture

Finance Minister, Winston Jordan says investors have been walking away from buying any of the four shuttered sugar estates, an indication that Opposition Leader Bharrat Jagdeo is fooling supporters that the People’s Progressive Party (PPP) will reopen them if his party wins the next general elections. “How you are going to open back those four estates that is scrap iron ...

The Guyana Sugar Corporation (GuySuCo) on Tuesday denied accusations that it has not been accounting for more than GYD$7 billion disbursed from a GYD$30 billion bond, and insisted that it does not have to report to government’s holding company for state assets. GuySuCo’s Chief Executive Officer, Dr. Harold Davis Jr., in an initial reaction pending a comprehensive response to claims ...

The National Industrial and Commercial Investments Limited (NICIL) on Monday said holders of a GYD$30 billion bond to help revive the Guyana Sugar Corporation (GuySuCo) have begun asking questions about how the State-owned corporation has spent GYD$7.4 billion dollars disbursed so far. “The bondholders and the trustees are not happy with the information coming from NICIL,” Head of NICIL, Colvin ...

An Indian-Ghanaian-Guyanese consortium is likely to buy out the Rose Hall sugar estate, the first of three that is on the selling block, government’s holding company of state assets announced Monday. Officials said they hoped to seal the deal by July, 2019. Head of the National Industrial and Commercial Investments Limited’s Special Purpose Unit (NICIL-SPU), Colvin Heath-London said the consortium ...

Government was preparing to sell off huge swathes of land owned by the Guyana Sugar Corporation (Guysuco) as part of moves to sell off the several loss-making estates, even as the administration prepared to revive interest in the ‘for-sale’ assets by local and foreign investors, Director-General of the Ministry of the Presidency, Joseph Harmon said Friday. “I can say to ...

Minister of Agriculture Clarence Rambharat has advised that raw and cooked poultry meat from Guyana has been banned from entry into Trinidad and Tobago with immediate effect, Loop TT reported Friday. “As a precaution the Ministry’s Chief Veterinary Office has notified the Customs and Excise Division of an immediate ban on raw and cooked poultry originating from Guyana. While Guyana ...

The Food and Agriculture Organisation (FAO) does not believe that Guyana’s emerging oil and gas sector will pose a risk to the country’s valuable agricultural sector once systems are put in place to ensure the two sectors co-exist. The FAO’s Assistant Director-General for Latin America and the Caribbean, Dr. Julio Berdegué told a news briefing in Guyana that climate change ...

Guyana is among four sugar-producing Caribbean Community (CARICOM) member nations that will be the focus of a regional study on the prospects of substituting imported refined sugar with plantation white, the Caribbean Development Bank (CDB) said Tuesday. The Barbados-headquartered financial institution says it is collaborating with CARICOM to gather evidence to decide on the future of sugar in the regional ...

Barbados is among several Caribbean nations that is exploring integrating agriculture and tourism as that small Eastern Caribbean island on Wednesday opens its Agrotourism Policy Setting Workshop under the theme, “Strengthening Linkages Between Agriculture and Tourism” in the capital Bridgetown. Regional organisations, the World Bank and the World Travel and Tourism Council identify tourism and agriculture as the two critical ...

by Gwen Evelyn GEORGETOWN, Guyana – March 19, 2019 — Not all problems have solutions, but thankfully some do. Think of this. You hurriedly prepare a meal and before you turn off the stove, you know it won’t make the grade. A vision of long faces around your dining table pops into your head. You have a problem—a big one. ...