Skeldon led sugar estate losses in 2014 with $4.2b

All of GuySuCo’s estates made losses for 2014, led by Skeldon with a whopping $4.2b, and this was likely one of the factors that pushed the Commission of Inquiry (CoI) into the corporation to recommend full privatization in three years.

The Skeldon sugar factory has been an enormous drain on GuySuCo’s finances from the point of construction and