Corentyne dreading demise of sugar estates

-pinning hopes on Nand Persaud acquisition of Skeldon assets

Central Corentyne Chamber President Mohammed Rafik

There are unmistakable signs of jitteriness in the Coren-tyne business community. It extends across the business support organisations and into the businesses themselves. It has to do, almost entirely, with the perilous circumstances of the Guyana Sugar Corporation (GuySuCo) and what is now the virtual certainty that the Skeldon and Rose Hall factories will be closed.

It is easy to understand why the economic logic of making tough decisions about GuySuCo simply does not ‘wash’ in some communities. You have to be intimate with the industry and to be part of those communities whose fortunes it directly impacts to understand why, for some Guyanese, reconciliation with the closure of GuySuCo is a difficult pill to swallow.

When Stabroek Business visited areas of the Corentyne last week it was principally to listen to variants on the theme an economic slowdown….‘ business slow’, ‘business slow bad’, ‘not much happening’….it has been pretty much the same tune for several months. Tougher times are being seen as estate closures loom larger…..


Small Business Bureau grant scheme created 426 jobs – CEO

The long-awaited reports on the work of the Small Business Bureau (SBB) for the years 2015 and 2016  “should be ready for publishing next week” though an official assessment of the performance of the entity launched in 2013 suggests that it has experienced mixed fortunes over the period of its existence.

Berbice must jump out of its ‘comfort zone’ in contemplating life beyond sugar – Gaskin

Amidst sustained expressions of concern over the anticipated impact of the closure of several of GuySuCo’s sugar estates in Berbice, Business Minister Dominic Gaskin used the occasion of last Friday’s 2017 Berbice Expo and Trade Fair to seek to assure the region with the heaviest dependence on the sugar industry that the transition from the crop that has been at the heart of the Guyana economy will see the creation of new opportunities for the region.

Beekeeper grooming youngsters to follow in her footsteps

A one-time Foreign Service Officer, 61-year-old Janice Fraser appears more than comfortable in her current role as a beekeeper.

Food & Drugs Director backs city’s closure of five food outlets

Assurances associated with the quality of cooked foods being provided to patrons at public places are an important barometer of a country’s development and lapses in food safety standards can have a negative impact on external perceptions of standards “on the whole” in a country, Director of the Government Analyst Food and Drugs Department (GA-FDD) Marlan Cole has told the Stabroek Business.

Kitco Market Data

Gold Prices for the three-day period ending Thursday October 12, 2017   Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

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