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FosRich goes after $2 billion solar market via microfinancing deals
Business
09 February 2023

FosRich goes after $2 billion solar market via microfinancing deals

Lighting and electrical products distribution company FosRich has inked deals with two microfinancing companies to grab its share of the $2 billion market for solar electrical products.

Read more: FosRich goes after $2 billion solar market via microfinancing deals

Tags: jamaica, Solar Energy
BOJ insists on stringent internal auditing for all financial entities
Business
02 February 2023

BOJ insists on stringent internal auditing for all financial entities

Governor of Bank of Jamaica (BOJ), Richard Byles, says the central bank will continue to insist on the existence of strong, capable and well-resourced internal audit functions in all financial institutions that the bank regulates.

Read more: BOJ insists on stringent internal auditing for all financial entities

Tags: Bank of Jamaica, Richard Byles
Fraud-hit SSL directors barred from winding-up company
Business
26 January 2023

Fraud-hit SSL directors barred from winding-up company

THE Financial Services Commission (FSC) on Wednesday obtained a court order blocking directors of Stocks and Securities Limited (SSL) from taking action to wind up the company that is at the centre of a multi-billion-dollar fraud.

Read more: Fraud-hit SSL directors barred from winding-up company

Tags: Fraud, Nigel Clarke, Usain Bolt, SSL, JeanAnn Panton, Hugh Croskery
BoJ Governor Richard Byles is new chair of Financial Services Commission
Business
24 January 2023

BoJ Governor Richard Byles is new chair of Financial Services Commission

Governor of the Bank of Jamaica (BOJ), Richard Byles, is the new Chairman of the Financial Services Commission (FSC).

Read more: BoJ Governor Richard Byles is new chair of Financial Services Commission

Tags: Nigel Clarke, Richard Byles, FSC, BOJ
KingAlarm to transition 3,000 contract workers to staff employees
Business
21 January 2023

KingAlarm to transition 3,000 contract workers to staff employees

KINGSTON, Jamaica – Security company KingAlarm will transition its over 3,000 private contract officers to staff employees by April 1.

Read more: KingAlarm to transition 3,000 contract workers to staff employees

Tags: King Alarm, Security Guards
  1. Local stocks fell at twice the rate on Thursday
  2. New CEO appointed at Digicel Jamaica
  3. Creative agency The LAB's profit dips 7 per cent
  4. Sagicor’s Alysia Moulton White slapped with multiple fraud charges
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