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Limited supply of local sugar hindering new candy manufacturer

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26 May 2014 13:31 #192408 by chairman
New candy company Sueria Manufacturing Incorporated is awaiting word on a request for an increased supply of sugar from the state-owned GuySuCo, which could literally decide the company's fortunes, according to Chief Executive Officer (CEO) Frank Sanichara. Although very confident about the new venture, Sanichara feared that if the approval for the needed supply of sugar per month isn't given, he may have to fold the factory. "I don't think it is a case where they don't want to give me the quantity of sugar I demand for the run of this business but, rather, I believe that GuySuCo has not yet kept their board meeting which I believe has a significant part to play in the distribution of sugar," Sanichara told Stabroek News. When Stabroek News visited Sueria on Tuesday, Sanichara revealed that the company did not manufacture for the day

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  • Charlie_R
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26 May 2014 13:33 #192409 by Charlie_R
This guy should've stick to real estate, in guyana it's all about cronyism on the other hand guysuco is not a reliable source to get your sugar supply because they have their foreign market to supply first.

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