Latest update February 10th, 2025 2:25 PM

Guyana's largest selling daily and New York's most popular weekly

Latest News

The forestry sector is serious business for serious investors

Apr 07, 2009 Letters

Dear Editor,
The Guyana Forestry Commission’s (GFC) response to UNAMCO’s morose position is very welcome insofar that the company gives the impression that it is a victim of dastardly acts, with Government taking centre stage. The fact remains that UNAMCO has failed in its commitment to the Government and People of Guyana.

There is no justification for the leases renewal from the employment records, income generation and revenue collection promised. Contacts with many of the past local employees of UNAMCO will reveal more reasons to send that company packing. It is not only its failure to sustain employment of locals or meet its financial obligations to the State but also the misuse of tax concessions granted.
For many years UNAMCO has operated on a skeleton staff and with poor equipment, long before 2006 when the lease was not renewed. Despite many promises, as pointed out by the GFC, they failed to meet their commitments. They must have felt that their actions had no consequences.

They have appealed to the cherished memory of the Hon. Cheddi Jagan. They failed to take into account Dr. Jagan’s no nonsense record. Dr. Jagan would have years ago reminded UNAMCO that the forestry sector is serious business for serious investors.
It is heartening that the UNAMCO investors have chosen the newspapers for their ultimate despair. Finally, the administrators might have signaled their fill of UNAMCO’s false promises. Congratulations to you. Dr. Jagan, would be so proud.
S. Persaud

Similar Articles

The Glenn Lall Show|| February, 7th, 2025

Follow on Tik Tok @Glennlall

THE BLUNT OF THE DAY

Sports

Allicock, Amsterdam named in GBA training squad 2025 Caribbean Boxing Championships

Allicock, Amsterdam named in GBA training squad 2025 Caribbean Boxing...

Feb 10, 2025

Kaieteur Sports- The Guyana Boxing Association (GBA) has officially announced the national training squad, with the country’s top pugilists vying for selection to represent Guyana at the 2025...
Read More
Interesting transfers, Clubs secure firepower ahead of Season Seven Elite League

Interesting transfers, Clubs secure firepower...

Feb 10, 2025

North East beat Back Circle B; set up semi showdown with defending champs

North East beat Back Circle B; set up semi...

Feb 10, 2025

DCC executive laud Savory, Imlach for champion performances

DCC executive laud Savory, Imlach for champion...

Feb 10, 2025

Dozens of young chess players participate in Kitty Square Mall U-16 C/ship

Dozens of young chess players participate in...

Feb 10, 2025

Shai Hope claims Green Belt and Dispatch of the Season in ILT20 Triumph

Shai Hope claims Green Belt and Dispatch of the...

Feb 10, 2025

Features/Columnists

  • Forward to the past

    Peeping Tom… Kaieteur News-Guyana’s debt profile, both foreign and domestic, has become a focal point of economic... more

Publisher’s Note

Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.

Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: [email protected] / [email protected]

Weekend Cartoon

Bridge Watch

Demerara Harbour Bridge

> Berbice Bridge […]