Thu | Oct 29, 2020

Stories by Huntley Medley - Senior Business Writer

Published:Sunday | April 19, 2020 | 12:00 AMHuntley Medley - Senior Business Writer

Mighty Spice Limited, a small business specialising in natural herbs-based meats and fish seasoning, had a promising first three years of operations to January this year, followed by a bleak month of March when sales nosedived 85 per cent amid the...

Published:Friday | April 17, 2020 | 12:17 AMHuntley Medley - Senior Business Writer

ZAYIN PEST Solutions is an example of a company repurposing and refocusing during a health and economic disaster to take advantage of emerging opportunities, even as its traditional area of business activity takes a beating. The year-old start-up...

Published:Friday | April 3, 2020 | 12:00 AMHuntley Medley - Senior Business Writer

TWO-YEAR-OLD TECH company Innovate 10X is putting the finishing touches on a digital platform for the buying, selling and renting of commercial and residential property including e-commerce capabilities, for launch within this quarter. The Jamaica...

Published:Sunday | March 29, 2020 | 12:28 AMHuntley Medley - Senior Business Writer

Manufacturers of ­alco­holic drinks are taking a beating from the closure of bars, many ­hotels, and the lockdown on entertainment events – traditionally big sources of sales for them – as the coronavirus contagion sweeps across the world. Rum and...

Published:Friday | March 27, 2020 | 12:17 AMHuntley Medley - Senior Business Writer

THEY BOTH work full-time jobs, but Zeelah and Marvine Davis are deeply committed to their baby – a business making and selling genuine leather products. Zeelah, an information technology systems infrastructure manager with a major distribution...

Published:Friday | March 20, 2020 | 12:00 AMHuntley Medley - Senior Business Writer

Karen Burke says her Christian faith is very important, not only to her personal life, but to her professional pursuits as well. That’s the main reason her two-year-old woodwork business is named JC The Carpenter. JC stands for Jesus Christ....

Published:Friday | March 13, 2020 | 12:21 AMHuntley Medley - Senior Business Writer

The Jamaica Deposit Insurance Corporation, JDIC, is looking to new laws to more effectively deliver on its mandate to ensure that depositors get back their money in the event of bank failures. It is also moving to better protect creditors, noting...

Published:Friday | March 13, 2020 | 12:00 AMHuntley Medley - Senior Business Writer

Rum maker J. Wray & Nephew Limited, JWN, is not expecting any significant trade fallout from the one-day suspension of production and corporate office operation on Wednesday. Company and health ministry teams spent the day sanitising the Spanish...

Published:Friday | March 6, 2020 | 12:26 AMHuntley Medley - Senior Business Writer

T echnology company Zed Jamaica, in business since 2003, is now branded as Zed-Makeyla, following its merger with a Canadian affiliate. Zed Jamaica has for the past 12 years been a dealer in Jamaica for the Renweb student information system,...

Published:Friday | February 28, 2020 | 12:19 AMHuntley Medley - Senior Business Writer

F rom the long list of products it sells and the extensive network of private and public pharmacies and stores that stock its merchandise, Medimpex Jamaica Limited appears to command a sizeable share of the local prescription and over-the-counter...

Published:Friday | February 28, 2020 | 12:16 AMHuntley Medley - Senior Business Writer

O n one level, development bankers are satisfied with the continuing maturity of the private equity and venture capital markets, which the Development Bank of Jamaica, DBJ, has spent the last seven years nurturing. But at another level, they...

Published:Friday | February 21, 2020 | 12:36 AMHuntley Medley - Senior Business Writer

For some time, Janet Rankine-Henry, a dietitian, had talked about starting a business to provide personalised nutrition coaching and customised meals for people’s particular nutritional needs. In 2005, her three sisters and a friend challenged her...

Published:Friday | February 21, 2020 | 12:00 AMHuntley Medley - Senior Business Writer

Jamaica’s castor oil sector is barely earning from exports, and is seen as woefully underperforming its potential, but its producers are regrouping. Now, the four-year-old Castor Industry Association, JCIA, is awaiting final word on a $500-million...

Published:Wednesday | February 19, 2020 | 12:00 AMHuntley Medley - Senior Business Writer

Information technology service provider tTech Limited is hoping to grow its business by convincing more small, medium, and large companies in Jamaica and overseas to focus on running their operations, while handing over the development and...

Published:Friday | February 14, 2020 | 12:22 AMHuntley Medley - Senior Business Writer

It is anxious days for Jamaican shipping interests as the financial fallout from the trade disruptions and shipping decline caused by the outbreak of the COVID-19 disease reached an estimated US$350 million a week, as reported by global news...

Published:Friday | February 7, 2020 | 12:19 AMHuntley Medley - Senior Business Writer

Gassan Azan Jr has built a multibillion-dollar group of businesses largely by pioneering his own private investment-financing arrangements along the way, he says. With Jamaican and overseas holdings spanning retail, finance and entertainment, the...

Published:Wednesday | February 5, 2020 | 12:18 AMHuntley Medley - Senior Business Writer

Racquell Brown initially worked with a coffee making company as a marketer. She started a small business “on the side” when the company started to retrench its workforce as the global recession took root in 2009. By the time the axe fell on her...

Published:Friday | January 31, 2020 | 12:20 AMHuntley Medley - Senior Business Writer

Winston Butler admits that his small enterprise making and selling wines from a wide range of fermented fruits, vegetables and tropical plants is not yet turning a profit 10 years into the business, which is run out of his home in Mandeville,...

Published:Wednesday | January 29, 2020 | 12:23 AMHuntley Medley - Senior Business Writer

Grace Foster-Reid, a civil and environmental engineer-turned-entrepreneur, has big plans for the honey business she has built with husband Dr Clifton Reid since 2012. EcoFarms Jamaica is now a division of EnvironMed Limited, which was registered in...

Published:Friday | January 24, 2020 | 12:00 AMHuntley Medley - Senior Business Writer

Beverly Salu grew up in the taxi business. Her late mother, Icolyn Chung, owned and operated Yellow and Checker Cabs, two of the earliest taxi businesses in Jamaica. In the 1990s, Salu and her Nigeria-born husband Yomi Salu operated their own taxi...

Published:Friday | January 17, 2020 | 8:02 AMHuntley Medley - Senior Business Writer

Indies Pharma Jamaica has entered the market for orthopaedic supplies in partnership with manufacturing company Vissco Rehabilitation Aids Limited of India. The products hit the shelves of pharmacies and medical supplies outlets this week as part...

Published:Sunday | December 29, 2019 | 12:37 AMHuntley Medley - Senior Business Writer

Chukka Caribbean Adventures is in the market for more than US$50 million of debt and equity to finance a range of projects that are intended to double the size of the business over the next six months to a year. The Jamaican business that now...

Published:Friday | December 27, 2019 | 12:44 AMHuntley Medley - Senior Business Writer

It has not been an easy ride, but Grantley Stephenson says, on a whole, he has thoroughly enjoyed his 47 years working in shipping and shipping-related activities since he was made supervisor for Alcan bauxite company’s Port Esquivel pier in St...

Published:Sunday | December 22, 2019 | 12:00 AMHuntley Medley - Senior Business Writer

Jamaican sugar producers are not participating in a planned injection of some US$300 million to produce refined white sugar and more of the semi-refined product known as plantation white sugar, as the Caribbean sugar sector celebrates a Caribbean...

Published:Friday | December 20, 2019 | 12:00 AMHuntley Medley - Senior Business Writer

The size of the Chinese investments in Jamaica is said to be around US$3 billion and growing, leading many persons to wonder what is the attraction. It turns out that it is easy for Chinese firms to set up shop in Jamaica, and they are loving it –...

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