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News from Monymusk

The Chinese-owned sugar manufacturer went deeper into the red primarily because of a $5.5-billion impairment loss on Monymusk, its Clarendon-based factory. The valuation which resulted in the one-off charge was done as management noticed a ...

Jamaica - Government to temporarily take over Long Pond, Monymusk sugar factories

Jamaica - Government to temporarily take over Long Pond, Monymusk sugar factories. Published: 14 April 2016 10:31 AM. The Jamaican Government has now agreed to temporarily take over the operations of two of the country's sugar factories, local daily ...

Gov't to temporarily take over Long Pond, Monymusk sugar factories

Information Minister Senator Ruel Reid told today's post-Cabinet press briefing that Cabinet has reviewed and agreed to an intervention strategy for the Long Pond factory in Trelawny and the Monymusk factory in Clarendon. Senator Reid said the ...

Editorial: Not Gov't's job to bail out private sugar

For we interpret Mr Samuda's optimism to mean that the Government will concoct a way for the COMPLANT operations - including its Monymusk factory in central Jamaica - to continue, accelerating a mission creep that will land the State firmly back into ...

Oil nuts making a statement as Monymusk slips

Maybe not, but for Anthony Williams, a cane cutter at the Monymusk Sugar Estate in Clarendon, it is an additional source of income. Williams, who has worked on the estate for nine years, attested to the fact that the fields are in a poor state, the ...

Lionel Town, Alley, Rocky Point weep for sugar

The recent government announcement that it is looking for private investors to take over the operations of the beleaguered Monymusk Sugar Estate has left surrounding communities hopeless. With the fate of the factory in limbo, an atmosphere of gloom ...

Photos from Monymusk