This announcement, for us, is not comforting and reminds us of what took place in 2017 when the production target was reduced on several occasions and the industry ultimately produced a little over 137,000 tonnes sugar, the worst production since 1990. The fact that reductions are already taking place causes us naturally to wonder what is really taking place in GuySuCo especially when a number of executives, experts, advisors, etc have been taken on in recent times, and who, reportedly are still on the job despite 4 estates being closed.
Clearly, something is not right and those who are charged with leading and managing the Corporation have seemingly fallen asleep at the wheel while thousands of hapless workers are being affected. The industry obviously has lost its way and in this hapless condition has pursued myopic and senseless measures which have brought on sufferings to thousands of workers, their dependents and those who earn a living from the industry’s full operations.
Again, we are seeing, the early results of an industry that is set on an ill-advised track and clearly headed by stubborn decision makers who seem to be unable to give the required leadership to the industry at this time. The decision-makers posited that the closure of the estates will return profitability to the company, but from the way it is being managed that “profitability” is nothing but a pipe dream.
Seepaul Narine, General Secretary