Business

Listed Jamaican investment firm Proven Investments Limited says its announced US$21.4-million ($3 billion) acquisition of a majority stake in the Barbados-based food processing company, Roberts Manufacturing, is a further reflection of the more...

After being broadsided in 2020 by an endless barrage of ‘black swan’ events, we are looking for more optimism in 2021. All indications suggest that 2021 should be a very good year. There are some commentators predicting that it could be the start...

We streamed, we Zoomed, we ordered groceries and house plants online, we created virtual villages while navigating laptop shortages to work and learn from home. In many ways, 2020′s pandemic-induced isolation threw our dependence on technology into...

Residents of the state of Montana in the United States are now able to legally grow and possess marijuana as a voter-passed law to legalise recreational use of the substance begins to take effect. Residents can possess up to one ounce of marijuana...

It’s been a slippery slide for the local stock market over the past two years and the pandemic has made matters that much worse. From the best performing exchange in the world in 2018 repeating a spectacular feat it first accomplished in 2015, to...

Eppley Caribbean Property Fund Limited SCC – Value Fund (ECPF) says its recent multimillion-dollar acquisition of a 50 per cent controlling stake in Mall Plaza at Half-Way Tree in St. Andrew, is an indication of a deepening of its presence and...

If you have been contemplating moving out of the family home into your own rented space, then 2021 might just be the year to make the move, as early forecasts by the Realtors Association of Jamaica (RAJ) are that rental prices could continue to...

Grenada’s Finance Minister Gregory Bowen says the light and power company in that Caribbean country, Grenlec, will continue to operate as a private company under the Companies Act, although the government has repurchased the majority shares owned...

Another company has joined the growing list of firms seeking to cash in on the local electronic payment solutions business. Local tech firm Mobile Edge Solutions, MES, has launched what it is touting as a “robust and customisable” online platform,...

Question: Hi Yaneek, I am a small-business owner, and I try not to miss any of your columns. Let me first thank you for your consistent good advice since the pandemic. It has been a great source of help for me, especially the piece you wrote on...

Listed stockbroker and investment house Barita Investments Limited blew past the $2 billion mark in profits, its 2020 year-end financials show. For the year ending September 30, 2020, Barita posted net profits of $2.7 billion, just over $1 billion...