Guardian takes Terra Nova

THE popular Terra Nova Hotel & Restaurant has all but been snapped up by Guardian Life, the local arm of Trinidad powerhouse Guardian Holdings. No cash will change hands. Instead, the deal will see the Terra Nova become part of the assets handed..

C&W set for Internet move
A new Cable & Wireless all-in-one package including a computer with Internet access for just US$70 per month could be a reality for almost all its customers in the region by the end of October, except those in Jamaica, it emerged this week. But...

Financial sector landscape changing

THE Jamaican financial sector landscape is certainly changing. Last week two apparently unrelated financial institutions Manufacturers Merchant Bank and Sigma Investments announced a $20 billion merger ­ the largest so far between two local...

JPSCo system loses $1.5b a year
ACCORDING to the Jamaica Public Service Company (JPSCo), system losses fell by approximately 2 per cent this year with 16.8 per cent of the electricity generated by the company lost through technical and non-technical means thereby costing the utility...