New gov’t finds Hope Coconut Industries in poor financial state; only $116,072 in account
The Hope Coconut Industries Limited (HCIL) has been left in a poor financial state by the APNU+AFC Coalition administration. This was revealed yesterday during...
GuySuCo only received $10.2B of $30B loan that Coalition arranged – Agri. Minister
The APNU+AFC government, through the National Industrial and Commercial Investments Limited (NICIL), undertook a loan of $30B to assist the Guyana Sugar Corporation (GuySuCo)....
Panama still owes Guyanese rice millers $1.1B
Agriculture Minister, Zulfikar Mustapha says that there is a delay in receipt of payment for rice supplied to Panama. Guyanese millers are owed some...
GuySuCo fails to reach first crop target
The Guyana Sugar Corporation Inc. (GuySuCo) having completed the First Crop 2020 in June, achieved a total of 37,015 tonnes of sugar, which is...
GMSA concerned over lack of molasses for manufacturers
The Guyana Manufacturing and Services Association (GMSA) is renewing its call for urgent action to safeguard the sugar industry which provides key inputs to...
Major increase in rice exports – First Crop report
The Guyana Rice Development Board (GRDB) has reported a 13 percent increase in rice exports between January and May 2020 when compared to the...
Failure to save sugar industry from closure shows Granger’s true colours-GAWU
When one considers the recent response by the Ministry of Finance that there is not enough money in the Treasury to bail out the...
Treasury incapable of providing GuySuCo with bailout -Ministry of Finance
Considering the prevailing national circumstances, the challenges of COVID 19 and a reduced national income, the Ministry of Finance has told the Guyana Sugar...
GuySuCo hits rock-bottom, Chairman begs Granger for funds to survive beyond this week
The Guyana Sugar Corporation (GuySuCo) has reached rock-bottom. The state-owned company is neck-deep in $2.1B debt, the cash in hand is barely enough to...
Despite COVID-19 pandemic, Guyana’s rice sector on schedule for commendable growth -United Nations Agri....
Even as the COVID-19 pandemic continues to stifle the growth rates for sectors such as forestry and mining, Guyana’s rice industry seems to remain...
