GuySuCo, GAWU to begin API talks – tomorrow

THE Guyana Sugar Corporation (GuySuCo), and the Guyana Agricultural and General Workers’ Union (GAWU) will tomorrow begin discussions for workers’ Annual Production Incentive (API) for 2015.Chief Executive Officer (CEO) of GuySuCo Errol Hanoman said the corporation always had in mind to meet and address the matter of workers’ API. He said that following the discussions, an API will be derived.

Meanwhile, Hanoman detailed that the second- crop production up to (yesterday) stands at 126,198 tonnes. The set target of 146,300 tonnes, he thinks will be achieved on time.

The CEO is optimistic that GuySuCo will reach its overall 2015 target of 227, 443 tonnes in three weeks’ time since currently the production figure is at 207,341.

Irrespective of targets set and reached, incentives were always given, even though in cases of underachievement the “pay-off” had to be commensurate with the production and profits of GuySuCo.

Meanwhile, the CEO said everything is going reasonably well at the corporation, noting that, “Once you are meeting your target, your markets are in place.”

However, with the fluctuating prices for sugar on the international market, GuySuCo has to keep an eye on this aspect.

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