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Stories by Karena Bennett - Business Reporter

Published:Saturday | August 10, 2019 | 12:00 AMKarena Bennett - Business Reporter

  The Jamaica Stock Exchange suspended trading in the shares of meat company Sweet River after market close on Friday. In a notice on its website, the JSE listed five breaches of the junior market board level requirements, including sections...

Published:Friday | August 9, 2019 | 12:00 AMKarena Bennett - Business Reporter

Bluedot Data Intelligence Limited, one of the three companies in which SSL Venture Capital Jamaica has acquired equity, has taken on a new investor, businessman Craig Hendrickson. The deal, which took effect on July 23, saw Hendrickson acquiring a...

Published:Friday | August 2, 2019 | 12:27 AMKarena Bennett - Business Reporter

Sweet River Abattoir and Supplies Company Limited said in a market filing Wednesday that its Managing Director, Valdence Gifford, had resigned his post, effective May 31. The disclosure by the board of directors comes a little over a week after...

Published:Friday | July 26, 2019 | 12:39 AMKarena Bennett - Business Reporter

The Nissan dealership operated by Fidelity Motors was in a celebratory mood on Wednesday with the ­opening of its renovated showroom at Hanover Street in Kingston, notwithstanding that the Japanese carmaker that supplies the brand is looking to...

Published:Friday | July 26, 2019 | 12:00 AMKarena Bennett - Business Reporter

The Passport, Citizen and Immigration Agency, PICA, has partnered with the Jamaica Customs Agency to roll out an online version of the immigration and declaration form, the C5. The system, which is expected to reduce the length of time it takes to...

Published:Sunday | July 21, 2019 | 12:13 AMKarena Bennett - Business Reporter

National Environment...

Published:Friday | July 19, 2019 | 12:22 AMKarena Bennett - Business Reporter

Jamaica’s Special Economic Zone Authority, JSEZA, expects to have at least 30 per cent of free zone operators transitioned to special economic zone entities before the grandfathering period for free zones come to an end on December 31. Director of...

Published:Friday | July 19, 2019 | 12:00 AMKarena Bennett - Business Reporter

Jamaica World, a local industrial development start-up, has partnered with a global contract mining company out of Spain, called EPSA, for the development of a limestone-processing operation near Rio Bueno. The start-up, which plans to operating...

Published:Sunday | July 14, 2019 | 12:24 AMKarena Bennett - Business Reporter

WeXchange, the platform that connects high-growth entrepreneurs from Latin America and the Caribbean with mentors and investors, is ­inviting female entrepreneurs across Jamaica to enter the seventh staging of its pitch ­competition for start-ups...

Published:Friday | July 12, 2019 | 12:31 AMKarena Bennett - Business Reporter

Drought conditions across the island have sparked an average 50 per cent increase in fruit and vegetable prices at the farm gate over the past week, fuelling concerns that consumers could be forced to fork out more dollars for produce at grocery...

Published:Friday | July 12, 2019 | 12:25 AMKarena Bennett - Business Reporter

Looking to secure a larger foothold in the ethnic market in western Canada by year end, GraceKennedy has expanded retail space and launched new products in that market. But the food and financial services conglomerate has promised that more is to...

Published:Sunday | July 7, 2019 | 12:00 AMKarena Bennett - Business Reporter

The upgrades in its corporate credit ratings to CariA- and CariA by regional rating agency CariCRIS has Milverton Reynolds, the managing director of the Development Bank of Jamaica, DBJ, even more optimistic about plans to tap the market for...

Published:Friday | July 5, 2019 | 12:00 AMKarena Bennett - Business Reporter

The Access to Finance Facilitation Panel, a group made up of the Government, private institutions and business development organisations, is exploring movable assets as security for loans as one of the measures aimed at hitting a $100 billion...

Published:Sunday | June 30, 2019 | 12:23 AMKarena Bennett - Business Reporter

Trinidadian company WiPay has partnered with Lasco Financial Services for the roll-out of a payment platform across Jamaica next month. The product, which is already in Trinidad...

Published:Friday | June 28, 2019 | 12:00 AMKarena Bennett - Business Reporter

Trade Winds Citrus has pitched to the portfolio minister for agriculture, Audley Shaw, a plan to quarantine the first shipment of a new breed of cows from Costa Rica in a continued lobby for import permits that it has been chasing for nearly two...

Published:Friday | June 28, 2019 | 12:00 AMKarena Bennett - Business Reporter

Fourteen jobs at Community & Workers of Jamaica Co-operative Credit Union Limited, C&WJCCU, now hang in the balance following a US$1.5-million upgrade of the credit union’s information technology system...

Published:Sunday | June 23, 2019 | 12:20 AMKarena Bennett - Business Reporter

Rubis Energy Jamaica will roll out a line of advanced lubricants across the country over the next two weeks as a marker of its fifth anniversary in Jamaica. The locally incorporated business of the big French fuels and lubricants corporation was...

Published:Friday | June 21, 2019 | 12:00 AMKarena Bennett - Business Reporter

Four years into his role as CEO of Seprod Limited and an equal number of years of campaigning to push growth in Jamaica’s agriculture sector, it was a moment of “mixed emotions” for Richard Pandohie, who has been appointed the new president of the...

Published:Friday | June 21, 2019 | 12:00 AMKarena Bennett - Business Reporter

Consolidated Bakeries Jamaica Limited, which trades as Purity Bakery, has pumped roughly $10 million in bringing to market a line of low and gluten-free products under its Miss Birdie brand. The investment forms part of a $20-million project the...

Published:Friday | June 14, 2019 | 12:31 AMKarena Bennett - Business Reporter

SOL Petroleum Jamaica Limited has begun selling off its stock of Shell lubricants, days before the official closure of its bunkering and lubricant business. In a notice to the public on Wednesday, SOL invited interested parties to view and make...

Published:Friday | June 14, 2019 | 12:30 AMKarena Bennett - Business Reporter

GK General Insurance, GKI, has partnered with London-based company Tokio Marine Kiln and global reinsurance advisers Willis Tower Watson to bring a cyber insurance product to market. The product, called Cyber Control, which becomes available on...

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