Latest News
December 12, 2025
Fontana paid $854m for Monarch pharmacy chain
Fontana Limited acquired the Monarch chain of pharmacies for four and a half times its asset value, new disclosures about the deal show. The purchase price was $854 million, noted the auditor of…
December 12, 2025
Pan Jamaica profit hits quarterly milestone
Pan Jamaica Group Limited delivered profit of $2.01 billion for shareholders in the second quarter ending June, up 91 per cent from the same period last year. CEO Jeffrey Hall called the result a…
December 12, 2025
VMIL to elevate private equity transactions in hunt for better returns
VM Investments Limited, VMIL, is reorienting its focus towards more private equity transactions and less on corporate debt to drive better returns for the company. It comes amid challenging market…
December 12, 2025
by Luke Douglas
Election spending a boon for some businesses
With the general election reaching its climax on Wednesday, September 3, some businesses are counting windfall earnings from the provision of goods and services to boost both major political parties…
December 12, 2025
Osman and Sleat | The limits of Xi and Putin’s no-limits partnership
Much has changed since Chinese President Xi Jinping and Russian President Vladimir Putin last stood together atop Tiananmen Square in 2015. When they did so again this week, it was supposedly as equal…
December 12, 2025
JFP seeking to leverage business from tariff uncertainty
Office furniture supplier JFP Limited is ramping up its salesforce to make a more aggressive play for business in Jamaica, the Caribbean and beyond. It comes amid lagging sales and disappointing…
December 12, 2025
Barita reports progress on real estate agenda
Barita Investments Limited is reporting progress on its real-estate activities, saying it has assembled a team and secured funding for a couple projects. “Subject to approvals, we will be building in…
December 12, 2025
by Steven Jackson
Court orders cops to return confiscated ganja to grower Zion Yard
In a celebrated ruling in August, the St Elizabeth Parish Court ordered the release of 295 pounds of marijuana seized from Zion Yard, a Rastafari community authorised to cultivate the herb for…
December 12, 2025
23 Haitians detained in Kingston raid
Twenty-three Haitians were taken into custody following a police raid in Harbour View, in eastern Kingston, on Thursday. Around 8 a.m. officers swooped down on a premises in the area where the group…