Home' Trinidad and Tobago Guardian : August 24th 2015 Contents Holder noted that, over the years,
rice has excelled in its production, mov-
ing from 298,125 metric tonnes (mt) in
2007 to 635,238mt in 2014.
"This represents a 113 per cent
increase in production," he said, noting
however that despite the increase there
are some major challenges that need
to addressed including, drying and stor-
age, marketing and compliance by
millers as well as improving varieties
to enhance productivity.
But he said despite the challenges,
a record 360, 325mt in the spring crop
of 2015 was produced while 326, 278mt
was exported. (CMC)
Guardian www.guardian.co.tt Monday, August 24, 2015
Colgate-Palmolive Caricom Service Company Inc.
Team Leader Indirect Trade
29th August 2015 to: Ms.
PORT-AU-PRINCE---A mobile phone network
provider has relaunched a money transfer system
in Haiti designed to let people get easier access to
cash through their cellphones.
Digicel said its rebranded Mon Cash service offers
promise in impoverished Haiti, a country where only
about 16 per cent of the people have bank accounts.
The relaunched effort has more vendors and a broader
reach than a previous one called TchoTcho in the
country of ten million inhabitants.
"Mon Cash has the potential to significantly
improve the lives of Haitian people," Digicel Haiti
chairman Maarten Boute said in a company state-
The telecom said the new mobile money product
gives Haitian customers the ability to make domestic
money transfers, pay bills and perform other basic
transactions with their cellphones. People only need
a valid government ID to register for free.
Mobile money-transfer systems are also popular
in countries such as Kenya, Uganda and the Philip-
Digicel said its service was developed with the
Canadian bank Scotiabank.
Digicel operates in 31 markets in the Caribbean,
government has acknowledged
that the sugar sector is "in dis-
tress" but said it is convinced that
the industry will rebound in 2015.
"It is not the first time it has
been in distress. GUYSUCO
(Guyana Sugar Corporation) will
recover and 2015 will mark a turn-
ing point in the performance of
GUYSUCO. We have made major
changes in management and have
also identified the members of the
New Board of Directors which took
control from July 1," Agriculture
Minister Noel Holder told Parlia-
Contributing to the debate on
the 2015 national budget of
GUY$221 billion, Holder said that
over GUY$12 billion will be spent
on the sugar industry this year.
"It is not an understatement to
say that Skeldon has not func-
tioned to expectation. However,
we are of the view that with the
completion of the work of the
Commission of Inquiry, recom-
mendations made will enable us
to address some of the pressing
issues affecting the industry."
Holder said the David Granger
administration will continue to
build the sugar industry to con-
tinue its role as "a lead industry"
in the country and it will work
with the sugar workers to ensure
that the industry continues to pro-
vide employment, economic and
social gains for the people and the
But he told legislators that it
would not be business as usual
within the sector.
"It is not business as usual and
a major re-structuring of the
industry is an essential pre-req-
uisite for its survival. We await the
recommendations of the Com-
mission of Inquiry".
GUYSUCO said it expects pro-
duction to be 146,300 tonnes for
the current crop that Holder said
would take production for the year
to just over 227,000 tonnes.
"Despite some setbacks occa-
sioned by inclement weather, the
corporation is focusing all its efforts
to achieve this target. All estates
have commenced operation and
the initial yields have been encour-
aging. Worker turnout has been
improving and this trend, if main-
tained, augers well for the remain-
der of the crop," he said.
"Major challenges remain at
Skeldon and the East Demerara
estates where there is the greatest
concentration on mechanisation."
Holder said that while a new
board had been appointed at GUY-
SUCO, it was regrettable that the
Opposition had decided not to
have a representative on the body.
"I will not stand here and paint
a picture that we have it all under
control, because the Industry has
a rough and rugged road ahead,
and its future shape would not be
known until later in the year. It is
incumbent upon all stakeholders,
however, to seriously support the
efforts to keep the industry alive
and it can only be kept alive if it
becomes sustainably viable," Hold-
er told the National Assembly.
Meanwhile, Holder has
described the rice industry as the
most important agricultural indus-
try in Guyana, placing it ahead of
sugar in terms of foreign exchange
He said that more than 40,000
people directly depend on the rice
industry for their livelihood thus
in terms of food security, the sector
has helped to secure Guyana s sta-
tus as a food-secure country. He
spoke of government s intention
production/productivity, "with an
emphasis on reducing cost of pro-
Govt says sugar industry in distress
Central America and the South Pacific. It is owned
by Irish billionaire Denis O Brien and has its head-
quarters in Jamaica. (AP)
mobile money in Haiti
Agriculture Minister Noel Holder
sugar production to
be 146,300 tonnes
for the current crop.
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