Sat | Oct 20, 2018

Stories by Steven Jackson/ Senior Business Reporter

Published:Wednesday | March 21, 2018 | 12:00 AMSteven Jackson/ Senior Business Reporter

IBEX Global Solutions, an outsourcing firm based in the United States, has spent the majority of J$760 million (US$5.9 million) on capital expenditure in Jamaica over a six-month period ending December 2017.At the same time, IBEX Holdings Limited...

Published:Wednesday | March 21, 2018 | 12:00 AMSteven Jackson/ Senior Business Reporter

Jamaica Producers Group (JP) made a higher profit during its 2017 financial year, once discounting one-off gains from a year earlier.The conglomerate reported $1.62 billion in profit for its 2017 financial year, which represented a decline of 62 per...

Published:Wednesday | March 21, 2018 | 12:00 AMSteven Jackson/ Senior Business Reporter

Health Minister Dr Christopher Tufton is advising manufacturers to reduce the sugar content in beverages they sell and market in Jamaica, underscoring that by so doing, it will increase a product's competitiveness.It comes amid a global trend in...

Published:Wednesday | March 14, 2018 | 12:00 AMSteven Jackson/ Senior Business Reporter

The sales and administrative functions of Mavis Bank Coffee Factory, which is based in the rural hills of St Andrew, are now carried out from the complex of sister company Wallenford Coffee in Kingston.The two companies have also combined their...

Published:Wednesday | March 14, 2018 | 12:00 AMSteven Jackson/ Senior Business Reporter

Caribbean Cement Company Limited, CCCL, plans to more than double its gypsum and limestone quarries, a move aimed at supplementing raw materials that are now described as hovering at critically low levels.The plan requires approval from regulator,...

Published:Wednesday | March 7, 2018 | 12:00 AMSteven Jackson/ Senior Business Reporter

Derrimon Trading Limited will issue new preference shares to the market to refinance its existing debt."The offer will refinance our current preference shares," said Chairman and CEO Derrick Cotterell at the extraordinary general meeting (EGM) for...

Published:Wednesday | February 21, 2018 | 12:00 AMSteven Jackson/ Senior Business Reporter

NCB Capital Markets Limited sold roughly 21 per cent of its holding in Knutsford Express Services Limited (KEX) earlier this month for nearly $300 million.The transaction more than covered NCB Capital's initial investment in the company back in...

Published:Wednesday | January 24, 2018 | 12:00 AMSteven Jackson/ Senior Business Reporter

Amid uproar among minority owners of Guardian stock regarding pricing and a previously undisclosed deal between key shareholders and NCB Financial Group, the Trinidad...

Published:Wednesday | January 17, 2018 | 12:00 AMSteven Jackson/ Senior Business Reporter

Business confidence remains at its highest level in a year, but consumer confidence flattened amid worsening job prospects and fears of crime, according to the fourth-quarter 2017 survey, polled by Don Anderson.Business confidence hit 142.6 points...

Published:Wednesday | January 10, 2018 | 12:00 AMSteven Jackson/ Senior Business Reporter

Main Event Entertainment Group said it found another highlight event to replace income from the popular Major Lazer...

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