“When your neighbour’s house is on fire, you better wet yours.” This proverb has never been more relevant regarding Usain Bolt’s ordeal in trying to recover his missing millions from a financial investment…
Category: Business & Economy
Don Wehby taking leave from GraceKennedy
Group Chief Executive Officer of GraceKennedy Limited, Don Wehby, has announced he is taking temporary leave from his role to focus on his health. In a message to the team at the company, Wehby…
Heaven aiming to double Proven profit as successor
Johann Heaven will take over the leadership of investment holding company Proven when its founding head steps down in January. The CEO-designate of Proven Management Limited, PML, will be aiming to double earnings….
Statin to modernise data collection, hire more professionals
Statistical Institute of Jamaica, the premier body for economic data, is hiring a raft of analytical professionals, while it modernises the agency. A quarter of the job positions at Statin are vacant at…
Epic Games sues Google, Samsung over phone settings
Video game maker Epic Games sued Google and Samsung on Monday, accusing the tech companies of coordinating to block third-party competition in application distribution on Samsung devices. At issue is Samsung’s ‘Auto Blocker’…
BPO job numbers steady
There has been no major fallout in the number of workers in the outsourcing sector in recent times, although there are ongoing resets of some of the business arrangements that gave the local…
CPJ profit flat, but sales hit record US$150m
Caribbean Producers Jamaica Limited, CPJ, one of the largest suppliers of food and beverages to the hotel trade, surpassed US$150 million in annual revenue, just ahead of its takeover by AS Bryden, a…
DirecTV buys satellite rival Dish
DirecTV is buying Dish and Sling, a deal it has sought to complete for years while aiming to better compete against streaming services that have become dominant. DirecTV said on Monday that it…
Fesgas partners with 7Krave for free delivery of cooking gas
Petroleum marketing company Future Energy Source Company, which trades as Fesco, is partnering with delivery service 7Krave, through the 7Kravemart app, to deliver Fesgas household cooking gas to customers. Fesco CEO Jeremy Barnes…
Oran Hall | Planned path from rural Jamaica to a university education
The cost of tertiary education is high, often beyond the reach of many bright and ambitious young people. This is particularly so for those who are from rural Jamaica, generally far from where…