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There will be changes within the sugar industry come next year,Wholesale NHL Jerseys, as President Bharrat Jagdeo intends to effect a shake-up in the sector, to achieve increased production.President Bharrat Jagdeo yesterday during a press conference at State House.Yesterday, during a press conference at State House,Cheap China Jerseys, the President said that, while he knows that there were some unforeseen circumstances that led to the decrease in production, he is also aware that there are significant management issues at the Guyana Sugar Corporation.While management has some issues, the Head of State pointed out, workers also have to bear some responsibility for the decrease in production.“I see the union complaining about annual production incentives. When you target 315,000 tonnes and you achieve 225,000 tonnes, then, clearly, how can you make a case for production incentives and argue that you are not getting an additional day?”Like the workers, the President said,Cheap NFL Jerseys, the Union also has to bear some responsibility.He added that for the industry to be saved would require collaborative efforts by the management, union, Government and opposition.“We knew that there were going to be difficulties…we knew that the European Union was going to cut the sugar prices by 36 percent, and those cuts have already started. So we knew it was going to be more difficult in the coming years, and unless they want to close the industry — and I don’t hear anyone suggesting that — then we would have to face tough times before we get better, as we accommodate these cuts and their substantial cuts.”The Head of State noted that while the industry will be affected by the EU price cuts, at the same time, the industry cannot survive if the production continues to fall.“This is a major problem and it is receiving attention at the highest level. Next year, we are going to be focusing on some changes, but it’s a joint effort…it’s not Government alone expressing the desire to save the industry.”He added that the industry has to brace itself for difficult times for the next three to four years, until it is completely diversified.Meanwhile, Guysuco is currently seeking to borrow some $3B from the International Bank to cover full financing for the entire next year.The company has, for several years now, been borrowing money from an International Bank at the beginning of the first crop to cover crop financing,Wholesale Air Max, which it repays from its own self-generated cash before the end of each year.However, one of the banks from which Guysuco has been borrowing money has since closed its doors.Yesterday, President Jagdeo said that he is not very worried about this fact, since the sugar company can seek financing from other lending institutions.The Corporation has had a very poor year for a variety of reasons,Wholesale Authentic Jerseys, including inclement weather conditions, high absenteeism, declining productivity, loss of skills to migration, and the delay in commissioning of the new Skeldon factory.These factors have led to the lowest production level for many years.But even as Guysuco seeks to get itself a bailout for 2009, there are still problems at the new Skeldon factory.The sugar crop is now over, but the problems at the factory are yet to be resolved.An independent examination into the low productivity of GuySuCo’s East Demerara Sugar Estates has concluded with the need for urgent major rehabilitation of the infrastructure on the estates.There is also need for greater management presence in the fields.The review examined land preparation, sugar cane agronomy,Deion Sanders Falcons Jersey, use of field machines and equipment, cane transport, use of fertilizers, and maintenance of field infrastructure.This year will be a very tough year for GuySuCo, which will end the year with a deficit of in excess of $3B. (Tusika Martin)


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As the Guyana Government continues to face questions over embarrassing disclosures that it gave itself and close friends several licences to build radio and cable television services countrywide, at least one Caribbean country has publicly indicated that it is preparing to auction some of these limited resources.Jamaica’s Spectrum Management Authority, similar to that of Guyana’s National Frequency Management Unit (NFMU), has said it will be selling to the highest bidders two 700-megahertz (MHz) band licences to improve Internet penetration in that country.It will highlight how valuable Jamaica considers its spectrum,Cheap Soccer Jerseys Free Shipping, a resource that is jealously guarded worldwide by Governments because of the power of radio, TV and the internet. Potential investors will have to make a deposit of between US$2.7M ($540M) to US$3M ($6M), depending on the band they are going after, just to be considered for the bid, according to the Jamaican Observer yesterday.The report disclosed that the authority will require a bank guarantee or bond in the amount of 50 per cent of the proposed purchase price. The more expensive licence will cost at least US$5M more.Aside from the US$85M that the Jamaican government hopes to get from the sale this year,Wholesale Jerseys, the Government also wants to see spending on ICT infrastructure increased from the US$80M spent annually now, while boosting commercial activity and education through information technology.“This is in keeping with global trends and is consistent with the policy objectives of the Government to promote increased competition and also to provide all Jamaicans with access to ubiquitous communications connections,” the spectrum authority said in the statement.Bids will have to include a business plan, which details the percentage population coverage after each year of expected rollout as well as the anticipated capital expenditure.The spectrum being sold allows for the provision of 4G technology, such as Long Term Evolution (LTE). LTE is a highly effective next-generation mobile technology that allows delivery of data, Internet applications, video streaming, mobile TV and music downloads and streaming to mobile devices in higher definition than is possible with existing 3G technologies and at speeds that rival current domestic fixed broadband connections.The issue of limited spectrum has also been a cause of much concern in Guyana after former President, Bharrat Jagdeo,Cheap Authentic Jerseys, used his executive powers to grant several persons, including his party’s newspaper,Wholesale Jerseys Free Shipping, The Mirror, five frequencies to broadcast across the country. Representing Mirror is Dharamkumar Seeraj, a PPP Parliamentarian.This was days before his Presidential term was due to end in November 2011 when General Elections were held.The move has widely been seen as carefully planned by Jadgeo and the ruling party to control the airwaves of Guyana. Jagdeo also granted five frequencies to his personal friend,Cheap Throwback NBA Jerseys, Dr. Ranjisinghi “Bobby” Ramroop and another five to Omkar Lochan, Permanent Secretary of Natural Resources Minister, Robert Persaud. Persaud happens to be the nephew-in-law of Jagdeo.The former President did not stop there. He also granted two television cable licences to close associates–Brian Yong and Vishook Persaud. Persaud is the son of the late former Government Parliamentarian and Agriculture Minister, Reepu Persaud, while Yong was a candidate for the ruling party during the 2011 elections.Reportedly, the 2.5 Gigahertz band to Persaud and Yong are capable of offering other services, including catering to smartphones and the popular tablets computers. Radios and telephone services could also be offered using this band.There have been several protests by local media houses which had applications in for radio licences but were inexplicably sidelined when Jagdeo made his decision. There are indications that no procedures were followed and that the former President merely used his executive powers, knowing he had days left in office.The Donald Ramotar administration,Wholesale NFL Jerseys, hard pressed to recall the licences, has defended Jagdeo, saying he did nothing wrong. They were silent on accusations that one businessman – Maxwell Thom- was granted a licence although he was facing financial problems in 2011. One of the criteria was for the applicant to show that he/she has the finances.Both Kaieteur News and Stabroek News, two independent newspapers, were sidelined by Jagdeo. They and others are now being asked to submit fresh applications.The Opposition has since expressed w