Mon | Jun 25, 2018

Stories by Steven Jackson/Senior Business Reporter

Published:Wednesday | June 13, 2018 | 12:00 AMSteven Jackson/Senior Business Reporter

C2W Music Limited, the start-up music publishing company that has racked up deficits more than hits, will outline the details of its rescue plan at an extraordinary general meeting scheduled for June 27.It will involve an unnamed outside entity...

Published:Wednesday | May 30, 2018 | 12:00 AMSteven Jackson/Senior Business Reporter

Angella Rainford, a partner in Eight Rivers Energy Company, said she secured US$50 million in financing this month for Jamaica's largest solar plant.The loans were acquired through foreign institutions as local banks were unable to offer a...

Published:Wednesday | May 9, 2018 | 12:00 AMSteven Jackson/Senior Business Reporter

Ivan Berry and Derek Wilke, two directors and primary shareholders of loss-making C2W Music Limited, will resign from the board but are not expected to walk away from the company, under the terms of a rescue plan that is still to be approved by...

Published:Wednesday | May 9, 2018 | 12:00 AMSteven Jackson/Senior Business Reporter

Ganja company Marigold Projects Jamaica Limited is signing on as a sponsor of the Peter Tosh museum at the Pulse commercial complex, and will also open a herb house at that venue.Marigold's herb house is expected to be operational by July, sources...

Published:Wednesday | May 2, 2018 | 12:00 AMSteven Jackson/Senior Business Reporter

J. Wray & Nephew Limited (JWN) forecasts that it can save about US$1 million or J$125 million a year by running its rum distillery at New Yarmouth Estate in Clarendon on liquefied natural gas...

Published:Wednesday | April 25, 2018 | 12:00 AMSteven Jackson/Senior Business Reporter

PanJam Investment Limited, a property and investment conglomerate, will facilitate the entry of large virtual office company, Regus Limited, to New Kingston by summer.The company will operate from a floor within the PanJam building at Knutsford...

Published:Wednesday | April 11, 2018 | 12:05 AMSteven Jackson/Senior Business Reporter

Main Event Entertainment Group Limited created a new division called M-Style that will provide seating and equipment for events, including weddings, conferences and birthdays."Wouldn't you agree that the wedding market is significant?" said Main...

Published:Wednesday | April 4, 2018 | 12:00 AMSteven Jackson/Senior Business Reporter

PanJam Investment Limited has taken a 20 per cent stake in Term Finance Jamaica Limited, the local subsidiary of a regional microfinancing outfit that entered Jamaica last September.The terms of the transaction between PanJam and Term Finance...

Published:Wednesday | March 28, 2018 | 12:00 AMSteven Jackson/Senior Business Reporter

Drinks company Desnoes & Geddes Limited, which trades as Red Stripe Jamaica, is weighing plans to brew a non-alcohol version of Heineken in this market...

Published:Wednesday | March 28, 2018 | 12:00 AMSteven Jackson/Senior Business Reporter

The Jamaica Stock Exchange Limited has appointed Andrea Kelly as general manager of the Jamaica Central Securities Depository Limited and its subsidiary JCSD Trustee Services Limited (JCSD) , effective April 2, 2018...

Published:Wednesday | March 14, 2018 | 12:00 AMSteven Jackson/Senior Business Reporter

Bartenders the world over are increasingly choosing locally made Wray & Nephew white rum for mixed drinks, according to Campari Group...

Published:Wednesday | February 28, 2018 | 12:00 AMSteven Jackson/Senior Business Reporter

Stakeholders will need to wait at least another month to know whether the takeover offer by NCB Financial Group for Guardian Holdings Limited (GHL) of Trinidad will be finalised or reset."We are committed to participating in the hearing and...

Published:Wednesday | February 28, 2018 | 12:00 AMSteven Jackson/Senior Business Reporter

Balram Vaswani plans to open the first of a series of Kaya Inc ganja stores in St Ann by March 10.The businessman and chairman of Kaya reaped the first legal harvest for sale last week in the presence of the Cannabis Licensing Authority. This...

Published:Wednesday | February 21, 2018 | 12:00 AMSteven Jackson/Senior Business Reporter

GWest Corporation Limited blamed debt repayment and the cost of taking the company public for the $48.3 million net loss in the third quarter ending December.The loss eroded profit of $65.8 million made by the Montego Bay-based company in the...

Published:Wednesday | February 21, 2018 | 12:00 AMSteven Jackson/Senior Business Reporter

AMG Packaging & Paper Company Limited will use this year to strengthen its core box-making operation, following losses from a short-lived foray into toilet paper, and is already looking ahead to 2019 as the year of business growth...

Published:Wednesday | January 31, 2018 | 12:00 AMSteven Jackson/Senior Business Reporter

The deal for financial outfit Eppley Limited to manage a real estate fund in Barbados still requires regulatory approval, but is expected to triple Jamaican company's asset management portfolio.Eppley is buying the unlisted common shares of Fortress...

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