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Jamaican Political Parties Spent Heavily in 2011 Elections

Taking a closer look at individual advertisers in the category it becomes apparent that the Jamaica Labour Party (JLP) spent the most on all three media (television, radio and print).

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A number of major political organizations were active in mass media during the recent general elections, including affiliate groups of the major political parties. They all spent significant sums of money across the different newspapers, radio and television stations we monitored over the period November 1 to December 31, 2011. (Please refer to “Monitoring Scope” on page 2 for an outline of the media we monitored during this period.)

Based on our findings, they invested a total of $66.6million which made the category one of the highest spenders during the Christmas season.

To put this in perspective, we examined what different categories invested in the three (3) media and found that the Political Organizations category was ranked among the top four (4) in terms of overall spend for the period.

In newspapers, the Political Organizations were ranked thirteenth (13th) among all the categories which were active during the period. The top two (2) categories each spent more than twice what the political organizations spent in print.

In contrast, the Political Organizations were ranked fourth (4th) on radio and first (1st) in television among all the categories that were active. On television, the Political Organizations spent 60% more than the number two-ranked category.

In terms of relative investment then, it seems that the Political Organizations were more highly represented on television than they were on radio or in print.

Taking a closer look at individual advertisers in the category it becomes apparent that the Jamaica Labour Party (JLP) spent the most on all three media (television, radio and print).

 

In print, the People’s National Party (PNP) contributed about 47.5%, while the JLP contributed just over 50% of the category’s spend. There was a similar difference in spend on television, with the JLP having 38.4% to the PNP’s 35.5% of the category spend on that medium. There was a much wider margin on radio, where the PNP’s contribution of 39.7% was almost 15% less than the JLP’s share of 54.6%.

It will be interesting to see advertising levels for the upcoming local government elections!

 

source  The Advertising Watch Roland Gayle 2012 rolandgayle@gmail.com

 

 

 

 

 

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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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