Tag Archives: Skeldon Sugar Factory

Guyana’s Sugar: A MISMANAGED GUYSUCO

Guyana’s Sugar: A MISMANAGED GUYSUCO

Mar 30, 2018  Editorial, Kaieteur News

For the last two decades, the sugar industry was kept alive with huge subsidies. Upon taking office in May 2015, the Granger administration realized that GuySuCo was ailing. A temporary solution was to follow in the footsteps of its predecessor and continue to subsidize it with billions of dollars. The reason was that there was no easy solution to salvage the bankrupt GuySuCo.

The Jagdeo administration decided to build the Skeldon sugar factory at a cost of more than US$200 million because as Jagdeo said, the factory would lower the cost of production and make Guyana’s sugar competitive on the world market.      Continue reading

GUYANA – Latest News from various sources – November 19, 2015

GUYANA – LATEST NEWS – 19 November 2015  –  Kaieteur News  

         (see other News sources at the end of this entry)

GUYANA – LATEST NEWS – 20 October 2015

GUYANA – LATEST NEWS – 20 October 2015

(see other News sources at the end of this entry)

Latest News Headlines – Kaieteur News – 20 October 2015

Failed govt. projects show poor planning, waste of tax $$$ – AFC’s Nagamootoo

Failed govt. projects show poor planning, waste of tax $$$ – AFC’s Nagamootoo

AFC Vice Chairman, Moses Nagamootoo

AFC Vice Chairman, Moses Nagamootoo

January 19, 2015 | By | Filed Under News

Catastrophic ventures such as the Amaila Falls hydro project, the airport expansion project, the specialty hospital, Marriot Hotel, the fibre-optic cable project, the Solid Waste Management project, the Hope Canal project and the Skeldon Sugar Factory were highlighted by long time politician Moses Nagamootoo as he sought to drive home his point that the government “has failed us.”

He pointed to “the mess we see with the East Bank and East Coast four lane roads”  as tangible evidence of poor integrated and strategic planning and said that the PPP’s “Rhodes scholars” have clearly failed Guyana at a time when the country’s public debt would have topped the $400 Billion Guyana dollar mark. (US 2Billion) Continue reading

Guyana’s sugar: GuySuCo sliding to worst performance in 20 years

GuySuCo sliding to worst performance in 20 years

NOVEMBER 5, 2013 | BY  |

 – Foreign manager at helm of troubled Skeldon

With less than two months remaining for the year, the country’s sugar industry is slowly grinding its way to its lowest production in two decades and there seems to be no clarity on the way forward.
As a matter of fact, it will negatively eclipse last year’s dismal 218,069 tonnes. The 2012 production has been described as the worst in the 20 year reign of the People’s Progressive Party/Civic (PPP/C).

GuySuCo’s Chairman, Dr. Raj Singh

GuySuCo’s Chairman, Dr. Raj Singh (right)

Production targets have been revised downwards from the 260,000 tonnes set at the beginning of the year to 203,000 now. The year’s first crop fell short of the 70,000 tonnes by an alarming 22,000.

Industry officials, over the weekend, admitted that the situation over production has plunged the Guyana Sugar Corporation (GuySuCo) into a point of uncertainty where unless all stops are pulled out, the slide will continue.   Continue reading

Is the PPP now into Censorship? by Ralph Seeram

From the Diaspora … IS THE PPP NOW INTO CENSORSHIP?

MARCH 3, 2013 | BY  | By Ralph Seeram

The phone calls were coming in from powerful people of the day, some abusive, some threatening and some accusing me of being an “enemy of the state”.

The term “enemy of the state” was used against persons who criticized the then PNC government, or took any action that appeared to make the government look bad. It was in the seventies, the height of PNC power where criticizing the PNC meant losing your job.

So what was it that caused the higher up in the Guyana Defence Force, the Guyana Police force and senior PNC officials to harass me on the phone? I was then working for the then state owned Guyana Broadcasting Service in Berbice, I filed a story that a GDF officer and two of his colleagues were charged for transporting flour, a banned item at the time.    Continue reading

Skeldon Sugar Factory needs to be efficient, says APNU MP

Skeldon Sugar Factory needs to be efficient, says APNU MP Carl Greenidge

4 February 2013 – Capitol News:  Guyana’s future in the sugar manufacturing sector can only be secured if we improve our efficiency and stamp out corruption. That is the position of Former Finance Minister, APNU MP Carl Greenidge. Greenidge was commenting on Guyana’s prospects in the sector in light of the European Union’s extension on the sugar quota for ACP countries which includes Guyana.

At the moment, the ACP grouping enjoys access to the EU market which is one of the largest importers of the sweet commodity and since the price cuts several years ago, the EU has committed some 1 and a quarter billion Euros to help countries adjust to the lost revenues as a result of the price cuts. The Skeldon Sugar Factory which is one of the most modern in the Caribbean, was supposed to have cushioned the effects of the price cuts but Greenidge says, it has not lived up to expectations.   Continue reading

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