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Caribbean Cream Reporting Improved 6 Month Revenues And Profits

The Directors at Caribbean Cream Limited, are reporting in unaudited financial results for the 6 months and Q2 ended August 31, 2018, improved revenues and profits. Caribbean Cream recorded revenues of JA$799.5 million for the six months, an increase of 19% or $126 million over the same period last year. For Q2, revenue increased by […]

Access Financial Services To Acquire Florida Based Consumer Finance Company

Access Financial Services Limited (AFS) headed by Managing Director Marcus James has reached an agreement to acquire a Florida based Consumer Finance Company. The successful completion of the acquisition will be subject to the satisfaction of all conditions of the Purchase Agreement and all applicable legal and regulatory approvals. The process is expected to be […]

Knutsford Express Services Reporting Improved Q1, Revenues Up 23.5% To JA$293M

Knutsford Express Services Limited has released its Unaudited Financial Statements for the 1st Quarter Ending August 31.2018, reporting revenues of JA$293 million, an increase of 23.5% over the comparative period last year of $237 million. Commenting on the financial performance Managing Director Oliver Townsend reported that this improved performance was due to strong customer demand […]

Jamaica Needs To Create New Dimensions For Tourism Outside Of All-Inclusive Properties And Visitors On Cruise Ships

President of JAMPRO Diane Edwards said that while the agency has been successful in attracting major tourism projects such as Iberostar Hotel, BahÌa Principe, Grupo Excellence (Oyster Bay) and others, the need exists to create new dimensions for tourism outside of all-inclusive properties and visitors on cruise ships. JAMPRO she said is therefore, focusing on […]

The Facey Group Offloading Shares In Seprod Group To Raise Just Over JA$2.2B

The Facey Group Limited has issued its prospectus inviting applications to purchase 91,914,894 ordinary shares in the capital of The Seprod Group. The shares are to be offered at $23.99 per share and is expected to raise just over JA$2.2 billion. They form part of a block of 217,148,936 shares and cash, that the Facey […]

Dr. Anita Davis-DeFoe Joins Businessuite as Editorial Director for Businessuite Women

Global business and leadership development solutionist, Dr. Anita Davis-DeFoe joins Businessuite Media Group a Division of Blackslate Holdings Group Limited as its new Editorial Director for Businessuite Women. Quoted as a career and workforce development expert in Essence Magazine; a business thought coach in Black Enterprise Magazine; the New Jersey Business Journal; on Madame Noire.com, […]

Kingston Wharves Is Focused On Its “Next Step Logistics” Strategy – Stephenson.

Kingston Wharves Limited (KWL), which is dubbed the leading multipurpose terminal operator in the Caribbean, also announced that it would take its investment in Jamaica’s logistics sector further. The company’s CEO, Grantley Stephenson, said that the port terminal and logistics provider would be expanding its near-port logistics facilities in Jamaica’s capital Kingston by developing a […]

National Water Commission To be listed on Jamaica Stock Exchange Via IPO As Jamaican Government Looks To Raise Equity Financing

Prime Minister Andrew Holness, says the Government is exploring new business models for the National Water Commission (NWC), in an effort to transform and improve the water sector’s performance. Mr. Holness said this has become necessary following a review of the corporate governance and the business model of the water company. The Prime Minister noted […]

Corporate Movements – October 2018

ISP Finance Services Limited Announces Appointment ISP Finance Services Limited (ISP) has advised of the appointment of Mr. Pierre-Anthony Wright as Director of Sales, Marketing and Business Development, effective October 01, 2018. Global business and leadership development solutionist, Dr. Anita Davis-DeFoe joins Businessuite Media Group a Division of Blackslate Holdings Group Limited as its new […]