African Export-Import Bank (Afreximbank) has extended a US$100-million receivables discounting facility to Bahamas Striping Group of Companies (BSGC), marking the Pan-African lender’s deepening…
As an executive, you are mystified by the source of corporate failures. How does a well-managed company make bad decisions that run the firm out of business? Do you lack insider information? Or was…
Tropical Battery Company Limited expects sales from its merged TRE KAYA renewable division to reach about $500 million annually on the low end over the next two to three years, underscoring the unit’s…
Desnoes & Geddes Limited, which trades as Red Stripe Jamaica, was among a slate of facilities worldwide being reshaped by its Dutch parent, Heineken NV, to cut costs through digitalisation. “We…
Artificial intelligence (AI) is now embedded in nearly every conversation about the future of customer experience (CX). Across Jamaica’s business process outsourcing (BPO) sector, providers are…
The Bank of Jamaica, according to a recent report, said “it is waiting on the Ministry of Finance and the Public Service and Cabinet to advance the implementation of the Twin Peaks regulatory…
Manufacturer and distributor Wisynco Group paid $2.45 billion for its 30 per cent stake in Ringtail Holdings, the parent company of spirits distributor Select Brands, its latest financials revealed.
Atlantic Hardware & Plumbing Co Ltd (Atlantic) has expanded into agro-distribution. The Junior Market-listed company now holds distribution rights formerly managed by the Agricultural Division of…
The government borrows from the local and international markets to help fund its budget. Individuals and organisations with funds available to lend short term, medium term, and long term are able to…