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Fiji Sugar Slippery Slide- Symbolic of Fiji Economy 2010

February 15, 2010

Fiji Sugar corp just announced 2009 figs, indicating just how severe the slide is (see below), but as the graph below shows the trend decline has been pretty obvious over the last decade,

FSC Data 2010

Fiji sugar production down 20 per cent Fiji Times 6 Feb 2010

FIJI SUGAR PRODUCTION DOWN 20 PERCENT. Operational difficulties cited
By Elenoa Baselala
SUVA, Fiji (Fiji Times, Feb. 6, 2010) – THE Fiji Sugar Corporation (FSC) produced 167,611 tonnes of sugar during the 2009 season. The amount was 40,355 tonnes less than the year before, [about a 20 percent decline]. Corporation CEO Deo Saran said 2,246,722 tonnes of cane were crushed by the four mills. The year before the mills crushed 2,321,783 tonnes. Mr. Saran said more molasses was produced this year – 136,005 tonnes compared to 120,114 tonnes the year before. He said the Tonnes Cane to Tonnes Sugar ratio was 13.4 compared to 11.2 in 2008. On standover cane, he said the situation improved compared to the previous year when 35,255 tonnes was recorded compared to 37,255 tonnes in 2008. Mr. Saran said the season had its fair share of challenges. The three larger mills faced operational difficulties due to issues related to commissioning of the new plant installed under the Factory Upgrade Program. Mr. Saran said the corporation had identified the problems and would attend to them during the 2010 slack season.The FSC is confident of a marked improvement in the new season.Mr. Saran thanked the growers, mill workers and stakeholders for their hard work and assistance in what he described as “a rather long and difficult season”.Meanwhile, a sugar boat is in the country for what is believed to be the final shipment.Corporation chairman Ramswarup Gautam said they were likely to be shipping off about 15,000 tonnes of sugar in the last shipment.

Its the 2006 coup! and not operational difficulties that has exascerbated the slide STUPID!

9 Comments leave one →
  1. ofa permalink
    February 15, 2010 4:26 PM

    The sugar industry has started a sustained downward development since the coup. It required a massive injection of capital to survive. The current problems have a multitude of reasons, one being the mill rehabilitation funded by a loan from India which required the procurement of inadequate equipment from India. It is unlikely that the regime can secure a better deal this time as no-one would take the sovereign risk and borrow Fiji money. The dept levels are already out of control.

    The EU on the other hand has made available grant funds that would allow to turn the industry around. This money will be available once a legitimate government is in place. It won’t be easy to rescue the industry under an elected and legitimate government but under Cassava Frank’s dictatorship it will be impossible.

    Economic deterioration will be the downfall of the regime as it was with other dictatorships. The question is, do we really want to wait until our entire economy, our culture and our society is pushed over the brink into the abyss of total economic melt down. The only way this melt down can be postponed (not avoided) is the sell-out of our land through 99 year leases that Aiarse wants to hand out to the Chinese.

  2. Asgrocky permalink
    February 15, 2010 7:52 PM

    Found some interesting reading on the January – February 2010 issue of “Tomorrow’s World”

    5 foundational methods to bring about the decline and fall of nations

    Satan’s agenda according to Roderick C. Meredith on Tomorrow’s World.

    1. Destroy the moral fabric of the nation

    Confuse ministers, intellectual leaders and educators of the nation about true religion. Make clear distinction between right and wrong seem very “fuzzy” so that morality and deep respect for law and authority are slowly obliterated.

    2. Undermine the family

    Get rid of strong fathers- of the right kind of masculine leaders of the family- undermine the loving mothers and wives who are to be the home makers and have so much to do with the moral formation of the child’s character. Undermine respect for parents, promote ‘radical feminism” with the concept that homosexuality is okay. Destroy right basis for the family. Destroy the family.

    3. Destroy the economy and the value of the dollar

    Undermine the economic well-being. Destroy the concepts of real honesty and hard work, and the correct foundation of Christianity based upon obedience to the Ten Commandments. Consequences of turning away from the Law of God -Leviticus 26:19 “Will break the pride of your power.” and Deuteronomy 28:43-45 “The alien among you shall rise higher and higher above you and you shall come down lower and lower. He shall lend to you but you shall not lend to him; he shall be the head, you shall be the tail…………….” As a nation, Fiji has failed to keep God’s Commandments and opened its doors to foreign gods……..

    4. Denigrate patriotism and a national sense of purpose

    5. Control the media to Promote all of the above

  3. Nostradamus permalink
    February 16, 2010 12:50 PM

    Congratulations to Voreqe for success on all fronts!

  4. lastpolarbear permalink
    February 16, 2010 12:55 PM

    Fiji Land Force chief told to stay home

    Tuesday, February 16, 2010

    Fiji’s application for its Land Force Commander to lead a military contingent to Iraq has been rejected by the United Nations.

    Brigadier Pita Driti says the rejection was due to political interference, but he is not concerned as he has important duties to attend to in Fiji.

    “No, no. I’ve been told to remain in Fiji. There were some political implications I think. That is okay, I’ve nothing to lose. I’ve got a lot of work to do back home so I’ll just stick here and do what I’m supposed to do.”

    Brigadier Driti was to have led a Fiji military contingent in May for UN duties in Iraq. Fiji soldiers are currently guarding UN personnel in Baghdad.

  5. lastpolarbear permalink
    February 16, 2010 12:55 PM

  6. ofa permalink
    February 16, 2010 1:24 PM

    Interesting development. The messages from the international community get louder by the day. Driti’s idiotic statement is also another example for the stupidity of these dimwit goons. If Driti has so much to do at home (I guess he is referring to human rights abuses and intimidation) why then nominate him for a UN job?

    Anyway, there is more ‘political interference’ and more international isolation of Fiji to come.

  7. senijiale permalink
    February 16, 2010 3:04 PM

    I don’t know about interesting Ofa, but i think most would see this as an expected and welcomed development. The dictators are now confined to Fiji where they can happily stay busy spending their ill-gotten gains.

    I just wonder though if UN peacekeeping reaaally needs Fiji’s input inanycase…??

  8. senijiale permalink
    February 16, 2010 3:20 PM

    i.e. is it too much to ask that Fiji be completely and utterly suspended from all UN peacekeeping missions until its tinpot dictatorship take credible and concrete steps ASAP to hand over the reins of power to a civilian interim administration who would then prepare for the return of government to its people?

  9. Corruption Fighter permalink
    February 16, 2010 4:55 PM

    Whether or not we can save our sugar industry or not depends on when we start.

    We need to start soon to try to access whatever we can of the European Union funds. With the Greece problem on their plate (and others – Portugal for example, about to follow) the EU will probably be happy to save whatever they can in their budget.

    The FSC remains solvent at the pleasure of the EXIM Bank of India. If they insist on repayments that are over due being paid, then FSC closes its doors. No wonder they’ve been willing to put with the shoddy job done by their Indian contractors.

    But keeping the mills running is only half the problem. FSC can’t do much without more cane. The Illegal regime has admitted that the problem is land. If we can’t expand our acreage we’re finished.
    But what have they done to secure more land? What can they do when they know they lack the mandate to change all the laws governing land? The Cassava Patch Hero didn’t get where he is today by being genuinely courageous.

    Any elected government would have trouble changing land laws but you’d hope the crisis facing the industry would focus minds better than they’ve been focused in the past. Let’s not forget that the Qarase government included members of parliament from all major parties. It may have been able to rise to challenge. A military dictatorship has no hope.

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