Jamaican firm gets cash from US billionaire, contract in Ghana

A small Jamaican firm that has made a name for itself providing technology-based solutions for some financial administration problems that plague schools has secured a United States government contract and an undisclosed amount of capital from American billionaire George Soros to transfer its expertise to a problem-plagued school-lunch programme in the West African nation of Ghana.

Protecting the value of your dollar - 10 ways to stay ahead

1. Buy gold. Gold tends to track crude prices, so the metal can be bought as a hedge against oil-led inflation. 2. Find a US dollar or Euro income source. Save and invest in hard currency.

Proven Investments raises US$20 million

Newest entrants to the investment business, Proven Investments Limited (PIL), announced on Friday that its recent private placement has netted the US$20 million it recently went to the market for, making it one of the major players in the industry.

First Global looks for growth in new business

Following through on the mantra of the GraceKennedy group to grow its core busi-nesses through the introduction of new products and services, the conglomerate's subsidiary banking business, First Global Bank, has placed two new credit cards on the market.

Jamaica's competitiveness dilemma

Jamaica's consistently low levels of economic growth over the last three decades have baffled even the brightest minds in economics. For a country so blessed with natural resources, good geographical proximity to the largest economy (as measured by GDP) in the world - the USA, a fairly high level of human capital, the economy has not lived up to its potential.

'What are you buying?'

By asking what is happening or what is on our minds, Facebook and Twitter have prodded people to broadcast just about anything, from what they ate for lunch to what movie they are going to see. Now a new site wants to unearth more - by asking people to automatically reveal things they buy.

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