A shareholder’s ‘right’ to dividends
Business A shareholder’s ‘right’ to dividends Sep 20, 2023 12:08 am · Make a comment We are all looking for ways to make our money make more money. For most people, when they buy shares in a public listed company or put capital into a private company, they are hoping for a return on their […]
SL insurance payout relieves Gov’t of salary costs
Opposition Spokesman on Finance Julian Robinson is questioning whether the US$1 million (J$155 million) insurance payout to Stocks & Securities Limited (SSL) will be used to, among other things, refund payments to the receiver/manager and costs incurred by the state agencies conducting a fraud probe. Finance and the Public Service Minister Dr Nigel Clarke announced […]
A GIANT DEPARTS – Jamaica Observer
WILLIAMS… died within the United States on Saturday, aged 89. THE tribute from Sagicor Group Jamaica finest described R Danny Williams: “Insurance pioneer, philanthropist, and nation-builder extraordinaire.” R Danvers “Danny” Williams, the person who based Life of Jamaica (LOJ) — now Sagicor Life Jamaica — in 1970, died on Saturday at a hospital in Miami, […]
PM Holness leads tributes to late businessman, R Danny Williams
KINGSTON, Jamaica — Prime Minister Andrew Holness has sent condolences to the family, friends and loved ones of businessman R Danny Williams following news of his passing on Saturday. In a tweet, PM Holness said as a government minister, businessman and philanthropist, Williams made remarkable contributions across various fields and expressed that his death is […]
Businessman R. Danny Williams has died
Businessman and philanthropist R. Danny Williams has died. Williams died today, at age 89, at a hospital in Miami, Florida where he had undergone surgery. n reacting to his death, former prime minister PJ Patterson said he has lost a precious friend and an invaluable political colleague and that Jamaica is now the poorer for Williams’ death. […]
Scotia profits swell amid strong segment performances
DESPITE high interest rate challenges and other headwinds impacting the financial environment, Scotia Group continued to witness strong results, delivering solid profit out-turns and commendable segment performances up to the end of its nine-month period in July. The 134-year-old entity’s profit jumped 74.2 per cent to $12.8 billion for the nine months when compared to […]
A Christian testimony
Stephen Smith, vice-president of operations. TWO weeks ago we introduced you to Bak Foods, an Atlanta, Georgia-based distributor who inked a deal with Spur Tree Spices for the local entity to produce various products under a white label for the restaurants it supplies. This week we delve deeper into the company to uncover this Jamaican-owned […]
ECB hikes key interest rate to record high even as recession threat grows
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General Accident graduating to Main Market
General Accident Insurance Company Jamaica Limited (Genac) will become the fourth company to graduate from the Junior Market to the Main Market of the Jamaica Stock Exchange (JSE) on September 27. Genac listed on the Junior Market on September 30, 2011, after raising $416.63 million and became the 12th listed company on the newly minted […]
All roads lead to dividends’
— NCB Financial Group to issue 300 million new shares in APO — Funds expected to raise around $21 billion to reduce debt and finance expansion — APO to be floated before year end but price and issue date yet to be settled NCB Financial Group Chairman Michael Lee-Chin said the company aims to use […]