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Tag Archives: Guyana Sugar Corporation (GuySuCo)

NICIL will be asked to return closed sugar estates to GuySuCo -Agriculture Minister

The National Industrial and Commercial Investments Limited (NICIL), the holding company for government’s assets, will be asked to return the closed sugar estates to the state-owned Guyana Sugar Corporation (GuySuCo) which will be reopened after a review is done, Agriculture Minister Zulficar Mustapha said Tuesday. “In terms of the timeframe for reopening the closed sugar estates, first of all GuySuCo ...

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GuySuCo offers sugar workers 5% increase

The Guyana Sugar Corporation (GuySuCo) on Monday said it offered field and factory workers a 5% increase in wages and negotiations are continuing with the Guyana Agricultural and General Workers Union (GAWU). Refuting a report in the pro-opposition PPP Guyana Times newspaper that GuySuCo’s offer was around one percent, the state-owned sugar corporation said that on February 7, 2020, it ...

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Sugar workers poised to get pay increase

Thousands of sugar workers are set to get a wage and salary increase next month whether or not negotiations with the two trade unions are successful, a senior official of the Guyana Sugar Corporation (GuySuCo) disclosed. GuySuCo’s Chief Industrial Relations Manager, Deodat Sukhu told News-Talk Radio Guyana 103.1 FM/Demerara Waves Online News that his negotiating team has already ruled out ...

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GuySuCo calls for release of funds as production falls to 90,000 tonnes

The Guyana Sugar Corporation (GuySuCo) on Thursday called for the release of much needed funds to halt a further decline of the state-owned industry that produced a mere 90,246 tonnes of sugar last year due to mechanical problems, bad weather and strikes. “The industry will continue to face challenges to achieving reliability in the factories if operation capital investments continue ...

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