GuySuCo has met all obligations to its workforce, despite challenges

Dear Editor,
GuySuCo was able to pay its employees’ wages and salaries despite the 2021 natural disaster.
Permit me space to correct certain inaccuracies published recently by a media house on the affairs of the Corporation under the caption “GuySuCo was unable to pay workers’ wages and salaries since August 2021”. This statement is inaccurate. In fact, GuySuCo has met its wages and salaries’ obligations to its workforce every week on a timely basis since August 2020.
Despite the Corporation’s setback as a result of the recent national disaster of 2021, which affected the entire industry, the shareholders, GuySuCo’s board of directors, and its executive management continue to collaborate actively to ensure all workers are paid on time every week. The Corporation continues to experience numerous challenges as a result of the natural disaster. This includes the inundation of its largest cultivation at Albion/Port Mourant estate for over 65 days, which has adversely affected its production targets for 2021 and 2022.
The first consequence of the flood was a decline in production and sales of sugar and molasses. This decline in production and sales hijacked the revenue stream of the industry. Notwithstanding these challenges, GuySuCo has met all of its obligations to its workforce, and continues to meet its obligations to the local sugar market.
GuySuCo is cognisant of the importance of the media in its rebuilding efforts. More is expected of the ‘fourth estate’ at this delicate juncture of the industry’s life. On behalf of the Corporation, I stand ready to facilitate any clarification on any matter pertaining to the operations of GuySuCo on telephone number (592) -624-0256.

Kind regards,
Indira Badal
Senior Public Relations Manager
Guyana Sugar Corporation