Introduction
The process of consolidating and centralizing capital and other productive assets in Guyana’s sugar industry reached its apogee with the establishment of GuySuCo in 1976. This brought under one umbrella two foreign-owned sugar companies (Bookers Sugar Estate (BSE) and Jessel Holdings) under state ownership.
A relatively small (8 per cent) private cane farming sector stood alongside this. At the time this was a positive decision,