The smaller-sized state-owned Guyana Sugar Corporation (GuySuCo) says it has no money and wants the Government to help.
According to the largest union for sugar workers, the Guyana Agricultural and General Workers Union (GAWU) yesterday, it has learnt that GuySuCo is facing the prospect of closure having exhausted its finances and was desperately requiring the support of the Government.
In a letter of May 15, 2020 from GuySuCo’s Chairman, John Dow, appealed to President David Granger for his intervention “…to use your good offices to arrange for funding to prevent the impending closure of the Industry”. Continue reading
Guyana: Green transformation versus narrow thinking – Editorial – Stabroek News
Green transformation versus narrow thinking
On its website’s homepage, the Guyana Sugar Corporation (GuySuCo) proudly displays what it terms a ‘new GuySuCo’. It says that it is “transforming our business” and “exploring our potential: rice cultivation and other crops to ensure the sustainability and viability of our business”. Arrows point from this statement to labelled photographs of cane sugar, fruit crops, aquaculture, dairy farming and seed paddy.
And sadly, that is as far as the transformation extends, although there is a notification lower on the page where GuySuCo explains why it is not pursuing ethanol production as an alternative to sugar production. The explanation, with references to studies, prices and comparisons with other countries producing ethanol makes perfect sense. What doesn’t is why GuySuCo’s research is limited to cane agriculture. Continue reading →
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