Saturday, May 24, 2025
Village Voice News
[adning id="37476"]
ADVERTISEMENT
  • Home
  • News
  • Sports
  • Editorial
  • Letters
  • Global
  • Columns
    • Eye On Guyana
    • Hindsight
    • Lincoln Lewis Speaks
    • Future Notes
    • Blackout
    • From The Desk of Roysdale Forde SC
    • Diplomatic Speak
    • Mark’s Take
    • In the village
    • Mind Your Business
    • Bad & Bold
    • The Voice of Labour
    • The Herbal Section
    • Politics 101 with Dr. David Hinds
    • Talking Dollars & Making Sense
    • Book Review 
  • Education & Technology
  • E-Paper
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Sports
  • Editorial
  • Letters
  • Global
  • Columns
    • Eye On Guyana
    • Hindsight
    • Lincoln Lewis Speaks
    • Future Notes
    • Blackout
    • From The Desk of Roysdale Forde SC
    • Diplomatic Speak
    • Mark’s Take
    • In the village
    • Mind Your Business
    • Bad & Bold
    • The Voice of Labour
    • The Herbal Section
    • Politics 101 with Dr. David Hinds
    • Talking Dollars & Making Sense
    • Book Review 
  • Education & Technology
  • E-Paper
  • Contact Us
No Result
View All Result
Village Voice News
No Result
View All Result
Home News

Gov’t will continue to subsidise GuySuCo -Minister Mustapha

Staff Reporter by Staff Reporter
December 4, 2020
in News
Minister of Agriculture, Zulfikar Mustapha (DPI)

Minister of Agriculture, Zulfikar Mustapha (DPI)

0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
Minister of Agriculture, Zulfikar Mustapha (DPI)

The Irfaan Ali-led Government will ensure the Guyana Sugar Corporation (GuySuCo) receives additional subventions next year, if necessary, to restart operations at three of the four shuttered sugar mills, Minister of Agriculture Zulfikar Mustapha said Wednesday.

Mustapha in an interview with the Department of Public Information (DPI) said his administration is determined to transform Guyana’s sugar sector and will pursue it aggressively.

READ ALSO

Continental Resources Accuses Hess of $69 Million Fraud

GoG and Afrieximbank launch US$1 billion financing facility

“This year we have set aside $3 billion in the first instance and then an additional $2 billion. GuySuCo is working with that and hopefully it can also get its revenue coming in the country. But if it is necessary to give GuySuCo more subvention then we will have to do it to ensure that we put GuySuCo on a proper footing,” he said.

The Minister referenced the “motor industry” in the United States, noting that the government there, provides subsidies for the industry since it creates employment for a large section of the population.

Like the “motor industry”, GuySuCo the Minister noted, is the single largest employer locally and government will support the Corporation until it is fully operational.

“GuySuCo has also been playing a different role in the society. Sugar production is the primary activity at GuySuCo, but there are other important services and then we are looking at diversification, where we want to bring value added products. So, we have to continue to invest in the company,” he said.

Meanwhile, over 700 persons have been hired at GuySuCo to date. At the Skeldon Estate 278 persons were hired, while 205 have already gained employment at the Enmore Estate and 278 at the Rose Hall Estate.

“Management is also looking to employ more people; they have put out notices and there are a number of persons who have submitted their names for reemployment. Of course, these are workers whose jobs were terminated,” the Minister relayed.

Minister Mustapha said over 7,000 people could gain employment at the company in the future, even as the entity plans for diversification.

ShareTweetSendShareSend

Related Posts

News

Continental Resources Accuses Hess of $69 Million Fraud

by Admin
May 23, 2025

Energy independent Continental Resources has accused sector player Hess Corp of fraud to the tune of $69 million in a...

Read moreDetails
News

GoG and Afrieximbank launch US$1 billion financing facility

by Admin
May 23, 2025

The African Export-Import Bank (Afrieximbank) today launched a US $1 billion oil services financing facility to support local businesses in...

Read moreDetails
News

Ministry of Education Responds Decisively to Bullying Incident at Ann’s Grove Secondary School

by Admin
May 23, 2025

 Subsequent to the visit to the home at Victoria Village of a bullied Ann's Grove Secondary student by Minister of...

Read moreDetails
Next Post

Small business owners urged to register their operations


EDITOR'S PICK

AFC’s Diana Rajkumar replaces Rawle Lucas as nominee for PPC

January 18, 2022
China Flag

Chinese FM spokesperson slams G7 summit’s hyping up of China-related issues

May 21, 2023

JAMAICA | PNP Again calls for Transparency in the Health Ministry, while PNP UK Writes to Rishi Sunak over Frank Hester’s Racism

March 28, 2024
The cache (Police Photo)

Two cops arrested at roadblock with marijuana, cocaine and ammo

January 16, 2023

© 2024 Village Voice

No Result
View All Result
  • Home
  • News
  • Sports
  • Editorial
  • Letters
  • Global
  • Columns
    • Eye On Guyana
    • Hindsight
    • Lincoln Lewis Speaks
    • Future Notes
    • Blackout
    • From The Desk of Roysdale Forde SC
    • Diplomatic Speak
    • Mark’s Take
    • In the village
    • Mind Your Business
    • Bad & Bold
    • The Voice of Labour
    • The Herbal Section
    • Politics 101 with Dr. David Hinds
    • Talking Dollars & Making Sense
    • Book Review 
  • Education & Technology
  • E-Paper
  • Contact Us

© 2024 Village Voice