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Frankly, All We Do As Jamaicans Is Talk, Talk, Talk

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“To date, we have failed to capitalise on the legendary prowess of our athletes (the Bolt factor), we continue to pussyfoot on the use of ganja as a legitimate economic tool, we have fallen short in terms of maximising the reggae and dancehall genres (not to mention ska and mento), we pay mere lip service to our art and craft sector, we have failed to develop a fully sustainable spice industry when we have the best ginger and pimento, we have squandered our hold on the world-renowned Blue Mountain Coffee, and I could go on. Frankly, all we do is talk, talk, talk. And, while we expatiate in well-modulated tones in Parliament and in various fora locally and internationally, the Jamaica Brand remains an elusive dream.”
Lloyd B Smith Founder and Chairman Western Mirror Newspaper
He is also a Member of Parliament and deputy speaker of the House of Representatives.

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John Mahfood “I Listed on the JSE to Raise Capital for My Business”

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JSE Online Trading Platform

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Grace Stockholders To Vote On 3-for-1 Stock Split Today

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Shareholders of GraceKennedy Limited will this morning meet to consider and, if thought fit, approve a recommendation for a three-for-one stock split.

If approved, shareholders will receive three stocks for each one that is currently held.

According to group CEO Don Wehby, the stock units with a market price of J$115.00 per stock unit prior to the split will now increase threefold with an initial price of J$38.33 per stock unit

He says the stock split would allow GK’s stock to be made available to more investors while further enhancing the market for the shares.

Ahead of this morning’s Extraordinary General Meeting, GK last week issued 59,360 additional GK shares.

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UK Loses S&P Triple A Rating

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The UK has lost its top AAA credit rating from ratings agency S&P following the country’s vote to leave the EU.

S&P says the referendum result could lead to “a deterioration of the UK’s economic performance, including its large financial services sector”.

Earlier the pound plunged to a 31-year low against the dollar, and UK markets closed lower for a second day. On Friday,

Moody’s cut the UK’s credit rating outlook to negative.

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Caribbean Hotels Named In Jetsetters’ 2016 Best Of The Best

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Three Caribbean hotels have been named in US-based travel and lifestyle magazine Jetsetter’s 2016 Best of the Best awards.

The list which was published recently, highlighted the world’s 20 best hotels in categories ranging from Best Over-The-Top Luxury to Best Safari Lodge.

Included in the list were Antigua and Barbuda’s Barbuda Belle Luxury Beach Hotel, Anguilla’s Zemi Beach House Resort & Spa, and St Lucia’s BodyHoliday.

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