Consumers are bracing for a new round of price increases as three food manufacturing giants begin passing on the cost of the new sugar tax – with GraceKennedy the first to move, effective May 1. In a customer advisory dated April 24, GraceKennedy...
The sale of 93-octane gasolene – a super-premium fuel used in high-performance sports cars – steers closer to entering Jamaica’s retail market, but petroleum marketing companies are divided on its commercial necessity. The Bureau of Standards...
Dhiru Tanna, the economist who turned delicate soaps and hard lumber into a $4-billion business legacy, died on Monday night. He was 82. “We already have confirmation that he has died,” Jamaica National Group chief executive officer Earl Jarrett,...
Petroleum company Regency Petroleum has agreed to acquire the liquefied petroleum gas (LPG) operations of Yaadman Petroleum, a deal that will double Regency’s presence in Jamaica’s cooking gas market. The acquisition will “no less than double the...
Silver Star Motors, the authorised distributor for Mercedes-Benz in Jamaica, will no longer provide aftersales service support for vehicles imported outside of the manufacturer’s authorised distribution network. It follows what the dealership...
