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Tag Archives: sugar

LBI estate slated for closure since 2011 – GuySuCo

The Guyana Sugar Corporation (GuySuCo) has confirmed that it will be moving ahead with plans to shut down all operations of the LBI Sugar Estate in accordance with plans that were made in 2011. In a release on Thursday evening, the sugar company called out the unions (GAWU, NAACIE) for their contradictory positions on the closure of the estate. According ...

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GAWU, NAACIE claims GuySuCo planning to shutdown LBI operations fully

The Guyana Agricultural and General Workers Union (GAWU) and the National Association of Agricultural, Commercial and Industrial Employees (NAACIE) are claiming thatthe Guyana Sugar Corporation (GuySuCo) is planning to close the LBI sugar estate. This is the second sugar estate that would be closed under the APNU+AFC administration in 2016. According to a joint statement, the Unions met with the principals ...

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Aquaculture, livestock farms among plans for Wales

Agriculture Minister, Noel Holder has unveiled that among other things there are plans in place to study the possibility of opening an aquaculture and livestock farm among others at the Wales Sugar Estate. This is after Government had announced that it plans to close the Wales Sugar Factory at the end of 2016 since it would be unable to upkeep ...

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GAWU dumps Guysuco’s farming plan for Wales; claims workers being sent home

Even as the Guyana Sugar Corporation begins shedding staff from Wales Estate ahead of its planned closure later this year, the Guyana Agricultural and General Workers Union (GAWU) Monday dismissed plans to provide lands to workers for farming. Reacting to the announcement by Chairman of Guysuco’s Board, Professor Clive Thomas in the privately-owned Stabroek News newspaper at the weekend, GAWU ...

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Granger, Rohee differ on impact of Wales closure on LGE showing

President David Granger and General Secretary of the opposition People’s Progressive Party Civic (PPPC) differ on whether the planned closure of the Wales Sugar Estate would impact on the number of votes their parties would receive at the upcoming Local Government Elections. Granger is confident that the decision by the APNU+AFC administration to cease operations at the Wales Sugar Estate ...

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Rescue plans for Wales floated

Rescue plans for Wales Sugar Estate have been floated, even as calls have intensified for government to commission a socio-economic study of the impact of closing that West Bank Demerara operation of the state-owned Guyana Sugar Corporation (Guysuco). Speaking at a panel discussion Friday night on the topic “”The Closure of Wales Estate: Are there alternatives?”, former Guysuco Chairman, Vic ...

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GAWU wants study on Wales Estate, as Guysuco crafts new business venture

The Guyana Agricultural and General Workers Union (GAWU) and the National Association of Agricultural and Commercial Industrial Employees (NAACIE) want a Social and Economic Impact study to be conducted on the importance of the Wales Sugar Estate. GAWU President, Komal Chand’s call comes even as the Guyana Sugar Corporation (Guysuco) is considering bringing a non-sugar venture at that West Bank ...

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Wales Estate was “economic nightmare”; Gov’t says no one will be in jeopardy

State Minister Joseph Harmon has described the situation that the Guyana Sugar Corporation (GuySuCo) was faced with as an “economic nightmare” even while assurances were being given that stakeholders would not be jeopardized. Harmon at a post cabinet press conference on Wednesday defended the decision by GuySuCo’s management to close the estate and the Government’s support of the said plan. ...

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PPP ready to help govt secure US$50 million to rehabilitate sugar industry

Opposition Leader Bharrat. Jagdeo Wednesday said the People’s Progressive Party Civic (PPPC)-led administration had planned to secure a US$50 minion line of credit from India to rehabilitate the sugar factories. He pledged to help the coalition administration to get the money. “We can work with them ‎ to mobilise 50 million dollars,” he told a news conference at Freedom House, ...

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Wales Estate being closed because it will be too expensive to fix- GuySuco’s boss

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 ...

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September 2023