Stories by Camilo Thame

Unit trust managers expect another good year following bumper 2015Unit trust fund managers expect another good year following windfall gains from the stock market in 2015, albeit not as steep.Reduced interest rates, low inflation and a huge...

Courtney Campbellto head VMBS... GK brings in private equity dealmaker to run its bankCamilo ThameSenior Business WriterCourtney Campbell is heading to Victoria Mutual Group (VMBS) as its new president.He steps down as CEO of GraceKennedy Financial...

Jamaican Teas doubled its annual exports to more than US$3 million since listing on the stock exchange five years ago.With half of its sales overseas going to the Caribbean market and the rest to North America, the tea maker nurtured two major...

Kremi ice cream maker, Caribbean Cream Limited, has secured contracts for supply of key raw materials at reduced prices for the next six months.The move secures substantial gains from low-cost inputs through to June, while the dessert manufacturer...

Sagicor Real Estate X Fund's newly acquired hotel in Florida contributed $140 million to the company's revenue during the three months to September 30.Even though the income generated at the 742-room Doubletree Universal in Orlando represented just...

In a bet on the Caribbean ...Liberty Global's buyout offer for Cable and Wireless Communications (CWC) represents a 40 per cent premium on CWC's share price on the day the deal was first announced in October.But Columbus International co-founders...

The owner of the Courts retail furniture chain has pumped US$8 million ($960 million) into expanding its distribution centre located off Spanish Town Road.By increasing the site's capacity to handle, store and process inventory by 50 per cent,...

GraceKennedy's commercial complex planned for the Kingston waterfront could provide the conglomerate with a $1 billion windfall in tax breaks under a law aimed at redeveloping downtown.The group of companies bought the land on which construction...

Jamaican investors bought close to 20 per cent of Sagicor Finance Corporation's (SFC) US$320-million corporate bond issue which closed last week.Dylan Coke reckons that strong take-up in the domestic market demonstrates that there exists significant...

THIS IS the final year of Lascelles Chin's ambitious three-year goal to double profit at the three affiliated LASCO companies that he chairs, and the manufacturing business just might make it.LASCO Manufacturing Limited (LASM) posted a $247-million...

GraceKennedy (GK) has secured the media rights to all Inter Secondary Schools' Sporting Association (ISSA) events for the next 15 years.While the group of companies has been a long-time supporter of sports at the secondary level - it spends around...