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Michelle Chong's Honey Bun Limited Now HACCP Certified

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Honey Bun Limited has officially received its Hazard Analysis Critical Control Point (HACCP) certification from SGS Canada Inc.

According to CEO Michelle Chong, this certification proves that Honey Bun is operating at world class standards.
In claiming the HACCP certification, ‘as a first for a Jamaican bakery’, Chong says focus will now be on ensuring that suppliers are practising food safety systems as Honey Bun attempts to position itself as the standard-bearers for all suppliers.

HACCP is a management system in which food safety is addressed through the analysis and control of biological, chemical, and physical hazards from raw material production, procurement and handling, to manufacturing, distribution and consumption of the finished product.

For an operation to be HACCP certified, it must pass the seven-point test for hazard analysis of biological, chemical or physical food hazards, with the certification being awarded after four years of tests.

The seven points includef: determining critical control points; establishing critical control limits, for example, minimum cooking temperature and time; establishing a system to monitor control of critical control points; establishing corrective actions; establishing procedure for verification to confirm that the HACCP system is working effectively; and establishing documentation and record keeping.

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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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