Tue | Mar 28, 2017

Stories by Steven Jackson

Published:Sunday | March 26, 2017 | 3:00 AMSteven Jackson

A weekend jaunt into the foothills of the Blue Mountains by hiking or off-roading enthusiasts, coffee aficionado and gourmands who like food served in nature's cradle is a well-known pastime of Kingston's adventure seekers.They don't see a lot of...

Published:Friday | March 24, 2017 | 3:00 AMSteven Jackson

A two-month leadership transition has been set in motion at Cable...

Published:Friday | March 24, 2017 | 3:00 AMSteven Jackson

Scotia Investments Jamaica Limited (SIJL) defended its return on equity, or ROE, which at nine per cent was its second-lowest in a decade, saying the outcome...

Published:Friday | March 24, 2017 | 3:00 AMSteven Jackson

Happiness in Jamaica worsened by three spots to rank 76 globally among 155 nations, according to the World Happiness Report 2017 released this week.The...

Published:Wednesday | March 22, 2017 | 3:00 AMSteven Jackson

Brokerage firm Stocks & Securities Limited (SSL) sold 35 million shares held in Jamaica Stock Exchange Group (JSEG), operator the local stock market, which appeared to have been bought up by two Sagicor affiliated entities...

Published:Wednesday | March 22, 2017 | 3:00 AMSteven Jackson

Felicitas Limited and the H10 Hotel Group will upsize their planned hotel development by 45 per cent to just over 1,250 rooms in Trelawny.They want to start the development by midyear after recently submitting an Environmental Impact Assessment, or...

Published:Friday | March 17, 2017 | 3:00 AMSteven Jackson

Sagicor Group Jamaica, under new executive leadership, will look to expand within the Spanish-speaking Caribbean while seeking out a wider clientele...

Published:Friday | March 17, 2017 | 3:00 AMSteven Jackson

Goddard Enterprises Limited sold its 25 per cent stake in Express Catering Limited, resulting in Margaritaville Caribbean Limited (MCL) taking full...

Published:Friday | March 17, 2017 | 3:00 AMSteven Jackson

Stony Hill Corporation, founded by musician Damian Marley, disclosed its strategy behind acquiring a stake in Israeli-based Cannabi-Tech this week.The US-based...

Published:Wednesday | March 15, 2017 | 3:00 AMSteven Jackson

Goddard Enterprises Limited of Barbados has exited its investment in National Rums Jamaica Limited (NRJ) under a wider deal worth nearly US$13 million that hands ownership to a French company called United Caribbean Rum Limited.It's the latest...

Published:Wednesday | March 15, 2017 | 3:00 AMSteven Jackson

Proven Investments Limited will seek to acquire another sizeable entity within the Caribbean this year in what would be a new sector for the company, according to group head Christopher Williams.The company on Friday got regulatory approval from the...

Published:Friday | March 10, 2017 | 3:00 AMSteven Jackson

JN Fund Managers Limited (JNFM), which operates a securities dealership, has got a licence from the Jamaica Stock Exchange and can now include brokerage services in its product line-up...

Published:Friday | March 10, 2017 | 3:00 AMSteven Jackson

Jamaica's rum exports are projected to grow in the medium term, in contrast to the global picture where a downturn is expected, according to a new report.The global rum market...

Published:Friday | March 10, 2017 | 3:00 AMSteven Jackson

The Courtyard by Marriott hotel in New Kingston racked up nearly $1 billion in revenues, in its first year of operation, and provided a small boost to PanJam...

Published:Friday | March 10, 2017 | 3:00 AMSteven Jackson

Scotia Group Jamaica (SGJ) argued that it continues to make banking services faster and at lower costs at the roll out of its first quarter financial report, a...

Published:Wednesday | March 8, 2017 | 3:00 AMSteven Jackson

A top ratings agency is saying Digicel Group needs to improve its free cash flow by next March in order to offset debt maturities.Digicel needs material recovery in free cash flow generation to avoid any potential refinancing risk of escalating debt...

Published:Friday | March 3, 2017 | 3:00 AMSteven Jackson

Jamaica is banking on Chinese capital to transform Petrojam into a more efficient refinery, a deal that could still end up with a third country having a stake...

Published:Friday | March 3, 2017 | 3:00 AMSteven Jackson

Cable & Wireless Jamaica (C&WJ), which trades as Flow, posted net losses of $667 million on revenues of $6.8 billion in its third quarter ending December 2016, which reversed the profit earned in that period a year earlier...

Published:Friday | March 3, 2017 | 3:00 AMSteven Jackson

GraceKennedy Limited grew its annual earnings by 39 per cent to $4.5 billion.That equated to earnings per share of $4.03, up from $2.78 a year earlier.The company, led by Group CEO Don...

Published:Wednesday | March 1, 2017 | 3:00 AMSteven Jackson

Caribbean Cement Company Limited made annual profit of $1.3 billion last year, but it represented a shrinkage of the cement producer's bottom line, despite a spike in volume sales of cement in its major market.Profit was down 16 per cent relative to...

Published:Wednesday | March 1, 2017 | 3:00 AMSteven Jackson

Start-up company Sto-ny Hill Corporation, led by Damian Marley, has raised US$750,000 (J$96 million) to finance its sale of cannabis products.That's according to the company's first set of financials since its reorganisation, released late February...

Published:Sunday | February 26, 2017 | 2:00 AMSteven Jackson

Tullow Oil surveyed far and wide offshore Jamaica, utilising modern oil-sensing equipment, but largely to no avail until fisherfolk led the company to an oil sheen near the Pedro Banks.Jerome Kelly, Tullow's exploration manager for the Caribbean,...

Published:Friday | February 24, 2017 | 2:31 PMSteven Jackson

Tullow Oil regional heads are now in Jamaica to sensitise private and public stakeholders on plans to start a 2D seismic survey in the island next month.  It is aimed at identifying the source of oil found off the coast of the Pedro Banks....

Published:Friday | February 24, 2017 | 2:00 AMSteven Jackson

Cable & Wireless Jamaica (C&WJ), which trades as FLOW Jamaica, heralded its one millionth mobile customer last year, but its parent company is now reporting that the local...

Published:Friday | February 24, 2017 | 2:00 AMSteven Jackson

Gary Peart, chief executive officer of Mayberry Investments Limited, described Cable & Wireless Jamaica (C&WJ) as a stock to watch, based on market sentiment...

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