Gold mine shut down - After one year in operation and 8,000 ounces of gold, Ausjam suspends mining
AUSJAM MINING Limited has suspended its gold mining operations at Pennants, Clarendon. The suspension is to assess its human resources capabilities and redeploy staff in a push for greater labour and cost efficiencies, chairman Paul Sailah told...
US firm eyes Finsac bad debt portfolio
DENNIS JOSLIN Company, LLC a US firm based in Dyersburg, Tennessee which specialises in purchasing non-performing loans for restructuring or resolution has sent co-founder Dennis Joslin to Jamaica with a view to acquiring the...
Ports tighten security
UNITED STATES jitters over security have forced Jamaica into an investment in video surveillance equipment for the Kingston and Montego Bay seaports that it has put off for years largely because of lack of financing. Drugs have always been a problem...
Jamaica's true spirit of commerce
FOR THE uninitiated, an early morning visit 5:30 a.m. to Coronation Market, is a revelation! A visit to the same area three hours later, say at 9:30 a.m. is frightening!
Why Jamaica suffered a financial sector crisis
(The following was excerpted from a presentation made by Dr. Bonnick at the Caribbean Centre for Monetary Studies in Nassau, Bahamas, during October, 1998) There is much controversy regarding the main cause of the problems in the financial sector.
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