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The Women Business Owners Jamaica Limited (WBO): Proving that Women indeed mean Business!

The number of the women who own and operate businesses in Jamaica has grown exponentially over the last few years. Having recognised the desire for women to start their businesses and the number of female business owners the Women Business Owners Jamaica Limited (WBO) was established in 2003. Its main goal is to foster and promote the success of women business owners through education, research, mentorship and networking.

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The number of the women who own and operate businesses in Jamaica has grown exponentially over the last few years. Having recognised the desire for women to start their businesses and the number of female business owners the Women Business Owners Jamaica Limited (WBO) was established in 2003. Its main goal is to foster and promote the success of women business owners through education, research, mentorship and networking.

WBO aims to provide a forum for women who are owners or principals of their own businesses. It also facilitates the growth of female-owned businesses throughout Jamaica.  Additonally, they foster and engage in the study and research of issues relating to aspects of ownership of business by women. Other aims include:

  • to improve market access and competitiveness for women business owners in the global market place,
  • to develop linkages and affiliations with international bodies aimed at enhancing the growth and influence of the organization, and
  • to enhance the visibility of female entrepreneurs who contribute to the growth and development of the economy, through job creation and education

According the group’s Administrator, Camille Mighty, the WBO currently enjoys a membership of eighty-three business owners and growing. “Most of the female-owned businesses are members of the organization. Our founding President is Lorna Green, CEO of Digital Transtec, the first and only ICT company in Jamaica founded and owned by a woman,” explains Ms. Mighty.

Yaneek Page of Future Services International Ltd;

The Group is run by an equally talent and successful team. Its president is – Yaneek Page of Future Services International Ltd; Immediate Past President – Dorothea Gordon-Smith of Garbage Disposal and Sanitation Systems Ltd (GDSS); Vice-President – Andrea Cowan of Lillan Limited and Treasurer – Dena Davis of Solid Life and General Insurance Brokers Ltd.

Among its membership ranks, it lists heavyweights such as: Ethnie Miller Simpson of Brandz Avenue; Shirley Carby of Carlong Publishers Ltd; Lana Francis of Frankmark Ltd, Blossom O’Meally-Nelson of Aeromar Logistics, Rita Humphries-Lewin of The Barita Group, Sandra Bramwell of Versan Education Services, and Marcia Woon-Choy of Action Coach

What are some of the major success of women’s group? “Among other things, the WBO has successfully partnered with the IDB on a project to train 300 women in business. We have also been able to secure a $300m loan facility through BNS for our members,” notes its President Yaneek Page.

“The WBO is important to this dynamic group as we seek to represent the unique needs of women in business,” she added.BM

 

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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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