Daily Archives: April 3, 2015

Guyana produces at US$800 per ton, sells for US$300

Guyana produces at US$800 per ton, sells for US$300

GuySuCo CEO, Dr. Raj Singh

GuySuCo CEO,
Dr. Raj Singh

April 3, 2015 | By KNews |  Low sugar price on the world market

The Guyana sugar industry is facing an even bleaker future with prices sliding to their lowest levels since February 2009. The dismally low prices come at a time when the country failed over the last three years to lock in a multi-year agreement with its biggest customer in Europe – Tate & Lyle – leaving the country at the mercy of the international markets.

This week, the price for a pound of sugar on the world market went down to US$0.12.
This simply means that should the prices on the world market remain on course – and there are not any immediate indications of significant movements upwards in the immediate future – Guyana would be selling sugar in the vicinity of a highly uncompetitive US$265 per ton.   Continue reading

Guyana: Capitol TV News Videos – 02 April 2015

Guyana: Capitol TV News Videos – 02 April 2015

  • Ramsammy, who bought spy equipment for drug lord Roger Khan, says Character “impeccable”
  • GuySuCo gets US$30 million in power swapping deal
  • Webster “not familliar” with domestic abuse claims by former First Lady
  • Mayor says Nominations Day activities will go ahead at City Hall
  • ome Rastafarians say don’t support Theocracy party
  • Linden Businessman charged with trafficking 178 kilos cocaine
  • Relatives of Soesdyke woman who disappeared 4-years-ago, disappointed with Police investigation
  • A Look at the Courts
  • Sports

Click links below to view the TV News videos:   Continue reading

Nigeria’s precedent for peaceful democracy

Nigeria’s President Goodluck Jonathan (L) and his election opponent Muhammadu Buhari pose after signing a peace accord in Abuja just days before the March 28 election.

A healthy democracy relies heavily on private watchdogs – either civic groups or journalists – to keep a check on voter fraud, campaign lies, or the undue influence of money. In the run-up to a March 28-29 election, Nigeria decided to create a new type of democracy protector: the peace committee.

The panel consisted of esteemed clergy, businesspeople, international statesmen, and a former head of state, all of whom worked as activists for peace to end Nigeria’s history of electoral violence.   Continue reading

Guyana: Capitol TV News Videos – 01 April 2015

Guyana: Capitol TV News Videos – 01 April 2015

  • Post office robbed $90M; gang holds Police escort at gunpoint
  • Rights groups demand more measures to protect women
  • Debate between Ramotar, Granger almost certain
  • GT&T says rolling out “blazing fast internet speeds
  • Opposition coalition says will secure sugar industry
  • Another Look at Courts
  • Sports

Click Links below to views the TV News videos:

Post office robbed $90M; gang holds Police escort at gunpoint

Posted: 01 Apr 2015 02:09 PM PDT                 Continue reading

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