Jamaica’s financial system remained resilient despite the sharp economic contraction caused by Hurricane Melissa and geopolitical tensions. That’s according to the latest report from the Bank of Jamaica, BOJ’s Financial Policy Committee released on Monday. But it warns that significant risks remain in the near term. Chevon Campbell, tells us more. The statement from the […]

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Two more financial institutions have told their customers they will stop handling large-value cheques come September. It’s the latest sign of Jamaica’s push to phase out cheques altogether within the next two years. Chevon Campbell has that story. In separate notices to clients, CIBC Caribbean and the JMMB Group say effective September 1, 2026, they […]

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Thanks, but no thanks! That’s the word from two of the three Jamaicans reported to be in the Kingdom of Eswatini. They were sent to the East African nation by the United States, under the controversial Third Country National, or TCN, arrangement. Under the arrangement, the men were to be transferred to Jamaica from Eswatini. […]

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Opposition Leader Mark Golding is calling for the urgent rollout of what he describes as a Marshall Plan for micro, small and medium-sized businesses devastated by Hurricane Melissa. He made the call while addressing the Small Business Association of Jamaica’s Growth and Resilience Conference at the Jamaica Pegasus Hotel on Wednesday. He’s warning that thousands […]

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The International Monetary Fund, IMF, is warning that the safety net that has been keeping global oil prices from spiralling out of control during the ongoing war in the Middle East may soon disappear. It’s a cautionary declaration that has direct consequences for oil-dependent nations like Jamaica. Daina Davy tells us more. In a new […]

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The government is negotiating deals with both Venezuela and Guyana to secure cheaper oil for the country. This is amid ongoing concerns over price volatility. Energy Minister, Daryl Vaz, made the revelation while answering questions in the House of Representatives on Tuesday. Oil prices again rose sharply as expectations for fresh conflict renewed in the […]

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The government is seeking additional outside assistance in its negotiations with the Jamaica Public Service Company, JPS, for a new electricity licence. Energy Minister, Daryl Vaz, says support is being procured for additional financial advisors in order to match the expertise expected to be brought by the light and power company. He was speaking in […]

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Integrity Commission Executive Director, Craig Beresford, says some members of staff at the entity have been left worse off due to the government’s compensation restructuring exercise. This was one of the factors highlighted as a contributor to the high staff turnover at the Commission. Beresford was speaking during an Integrity Commission media briefing on Tuesday. […]

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Executive director of the Integrity Commission, Craig Beresford, refused to be drawn into a discussion on any matter concerning the statutory declarations of Prime Minister Dr. Andrew Holness. The Integrity Commission hosted journalists at a press briefing on Tuesday at its head office in New Kingston. Journalists asked Beresford whether the commission had gotten a […]

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The current leadership of the Integrity Commission says it will abandon the stance towards media engagements taken by its predecessors amid concerns about its public perception. That’s according to Executive Director, Craig Beresford. The Commission held a media briefing on Tuesday, its first in nearly 7 years. Beresford alluded to a difference of opinion compared […]

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