Money Media

Wigton Windfarm's Initial Public Offering is arguably the biggest business story of the year so far.  Some 31,000 Jamaican investors bought shares in the company, as for the first time in thirty years, the government used the stock market to divest itself of a major asset.  The offer also brought thousands of new investors, now taking an interest in the stock market for the first time.  But the sale of the highly profitable company was not without controversy.

Former PNP General Secretary has released a scathing letter about his wife, MP for SW St. Andrew, Dr. Angela Brown Burke, accusing her of deceiving him in declaring her support for Peter Bunting.  But is this just a political ploy by the Burkes to get us talking about them?

 Here's how to calculate your future share allocations, and what to expect now that The Lab is a publicly traded company on the Junior Market of the Jamaica Stock Exchange.

EXIM Bank has a facility that allows you to use your trade credit insurance as collateral for receivables financing.  So you can get paid up to 80% of your shipment up front without having to wait on your buyer.  EXIM's Acting General Manager, Maxine Brown Cowan, explains.

 Jamaican authorities have successfully prosecuted 53 year old Donovan Powell for revenge porn against his ex-girlfriend, former NBC news anchor, Darieth Chisolm. He's to be sentenced on November 1. 

The stock reports on the business news can be a bit confusing.  Here's what you need to know about them.

EXIM Bank has a new loan product for small businesses, at just 4.75% interest rate!

 The initial public offer for advertising and production company, The LAB, opens on Wednesday, July 17, 2019. Here's everything you need to know about the offer. 

 Principal of May Pen High School, Winston Preddie, has come under fire for requiring all students to clean the school's bathrooms, including the toilets, as part of their duties.