Published:Monday | August 28, 2017 | 12:00 AMNeville Graham
A new outfit has joined the crowded micro-finance market with financial backing from NCB Capital Markets Limited, which owns half of the business.Mundo Finance, which...
Published:Tuesday | August 15, 2017 | 12:00 AMNeville Graham
Evan Williams plans to open a new Redbones Blues Cafe at the R, an ongoing development on the cusp of New Kingston on which he is partnering with Joe Bogdanovich.The property is being...
Published:Friday | August 11, 2017 | 12:00 AMNeville Graham
There is a big push to transform Duke Street in Kingston to a financial and legal business district, a project coordinated by Blossom O’Meally-Nelson. Private sector interests have come together to execute a six-point plan to improve the...
Published:Wednesday | August 9, 2017 | 12:00 AMNeville Graham
Cigarette distributor Carreras Limited recently installed a new corporate governance committee whose first order of business was a reframing of the company’s constitution, which was originally written the same year Jamaica gained independence...
Published:Tuesday | August 8, 2017 | 12:00 AMNeville Graham
Auto dealer Jetcon Corporation Limited posted another quarter of growth in revenues and profit, exceeding even its own expectations, according to Managing Director Andrew Jackson.For...
Published:Tuesday | August 8, 2017 | 12:00 AMNeville Graham
Career banker Audrey Tugwell-Henry returns to Scotiabank on September 4 as executive vice-president for Retail Banking, Caribbean North and Central.The banker will take up the position almost immediately after her resignation takes effect at the...
Published:Friday | August 4, 2017 | 12:00 AMNeville Graham
After fifteen years on the world stage, it is hard to think of sprint legend Usain Bolt doing anything but track and field athletics. Bolt says he will retire after London and, taken at his word, the question is: What next?Bolt can play for a while...
Published:Monday | July 31, 2017 | 12:00 AMNeville Graham
The acquisition of the regional assets of Berger Paints by Trinidadian conglomerate ANSA McAL wrapped up last Friday, and already, the boss of the Jamaica operation is off the board, and appears packing up his desk to make way for his replacement....
Published:Friday | July 28, 2017 | 12:00 AMNeville Graham
Food and Financial conglomerate GraceKennedy (GK) took an expected hit to its bottom line, posting a second quarter of 19.1 per cent decrease in profitability.Net profit for the period ending June 2017 stood at $2.2 billion, representing a decrease...
Published:Tuesday | July 25, 2017 | 12:00 AMNeville Graham
First Heritage Co-operative Credit Union (FHC) is reporting a net surplus of $36.3 million at half-year, which erased losses in the same period a year ago, in a...
Published:Wednesday | July 26, 2017 | 12:00 AMNeville Graham
Jamaican Teas Limited is backing away from plans to transform the old Kingston Industrial Works (KIW) complex into public warehousing.In a market filing, the beverage...
Published:Wednesday | July 26, 2017 | 12:00 AMNeville Graham
United States distributor Iberia Foods is now among the top 10 shareholders of Jamaican Teas, a company listed on the junior market of the Jamaica Stock...
Published:Friday | July 21, 2017 | 12:00 AMNeville Graham
By Friday, the first of at least three RadioShack stores in Jamaica will open in Mandeville.The electronics stores will be operator by Unicomer Jamaica, the same company that manages the Courts furniture chain,...
Published:Monday | July 24, 2017 | 12:00 AMNeville Graham
Records fell amid brutal performance at NDRC Full Throttle 3 at Vernamfield, Clarendon, on Sunday. Star of the day Neville 'Chuku' Hogg, in his beastly Toyota Supra, smashed his own record twice doing 8.657 and then 8.619 over the quarter mile,...
Published:Thursday | July 20, 2017 | 12:00 AMNeville Graham
Barry O'Brien, one-time head of Digicel's Jamaica operations, has teamed up with a Barbadian partner in an investment outfit called Williams Caribbean Capital (WCC).O'Brien, an Irish national who now runs a venture capital outfit called New...
Published:Wednesday | June 28, 2017 | 12:00 AMNeville Graham
Jomo Cato, a former marketing executive turned entrepreneur, has launched a new online platform to facilitate online commerce from within the Caribbean. Cato and partners Gilbert Williams and Anup Ghosh have teamed up to form Quikanou.com,...
Published:Thursday | July 13, 2017 | 12:00 AMNeville Graham
The transfer of a sole-trader business from Richard Avery to his to son saw the incorporation of Growers Choice Avery's Organic Fertilizer four months ago.And that new outfit has now partnered with a KIMITEC Group of Spain in the distribution of...
Published:Friday | July 7, 2017 | 12:00 AMNeville Graham
Selina Hotels has selected Jamaica for its first foray into the Caribbean market, with plans to brand six properties under its communal concept targeted at adventure seekers.Selina says it will be partnering with operators in Negril, Ocho Rios,...
Published:Tuesday | July 11, 2017 | 12:00 AMNeville Graham
Seprod chairman Paul 'PB' Scott says the flour mill under development near the Kingston waterfront is targeting regional markets.It confirms a Gleaner Business report that the company's Jamaica Grain operation was developing Jamaica's second flour...
Published:Monday | July 3, 2017 | 12:00 AMNeville Graham
In a matter of months, food manufacturer Seprod Limited will enter a market that has had a sole player for decades, the manufacture of flour, under partnership with a foreign firm that acquired a piece of its grains business more than a year ago....
Published:Friday | June 30, 2017 | 12:00 AMNeville Graham
Technology provider tTech Limited is considering a stock split to boost trading of its shares on the junior market. CEO Edward ‘Teddy’ Alexander says the he will approach the board in coming weeks with the proposal. “tTech...
Published:Tuesday | June 27, 2017 | 12:00 AMNeville Graham
Jamaica Producers Group's goods and services are consumed in more than 20 markets, and the company now aims to leverage more business internationally.But while CEO Jeffrey Hall is...
Published:Tuesday | June 20, 2017 | 12:00 AMNeville Graham
Pharmaceutical company Indies Pharma Jamaica Limited will approach stock market investors for equity capital under an initial public offering being brokered by GK Capital Management.The company, which is based in Montego Bay, is run by family...