Business
April 17, 2026
Quantas, co-founded by former Scotia execs, eyes JSE listing
Quantas Advantage Inc, led by former bank executives, aims to raise US$9.4 million through an initial public offering (IPO) on the Jamaica Stock Exchange, with plans to upsize the offering to US$15.5…
April 17, 2026
Insurers draw $78b from reinsurers to settle Hurricane Melissa claims
Insurance companies received a near sixfold increase in reinsurance funds to settle claims arising from Hurricane Melissa, according to the latest data from the Financial Services Commission (FSC),…
April 17, 2026
Jamaica Broilers sells poultry unit in US operations
Jamaica Broilers Group Limited (JBG) announced plans to sell its chicken processing plant in South Carolina, marking the first asset sale since its US corporate scandal.
April 17, 2026
CUNA Mutual cranks up presence after 2025 success
CUNA Caribbean Insurance Jamaica Limited, the local arm of US-based CUNA Mutual Group and the long-standing insurer to Jamaica’s credit union movement, plans to expand its market presence after…
April 15, 2026
NCB auctioning 110 repo vehicles worth $437m
National Commercial Bank Jamaica (NCB), the nation’s largest bank, is auctioning off 110 repossessed vehicles, ranging from an $18.4-million 2022 Porsche Cayenne to a $500,000 2016 Nissan AD wagon.…
April 15, 2026
Canopy posts $4.8b revenue and nears erasing start-up deficit
Canopy Insurance Limited, a joint venture between GraceKennedy Group and Musson Jamaica Limited, posted profit for a third consecutive year, with revenue and earnings both rising by double-digit…
April 15, 2026
Jamaica Bauxite Institute warns oil crisis will translate into higher production costs and inflationary pressure
Tensions around the Strait of Hormuz are rippling through Jamaica’s bauxite and alumina sector, raising production costs and feeding inflationary pressures, the Jamaica Bauxite Institute (JBI) warned…
April 15, 2026
by Neville Graham
Dhiru Tanna, founder of Blue Power and Lumber Depot, dies
Dhiru Tanna, the economist who turned delicate soaps and hard lumber into a $4-billion business legacy, died on Monday night. He was 82. “We already have confirmation that he has died,” Jamaica…
April 15, 2026
How to steer your strategy towards real blue oceans
As an executive, you want to be part of a team that directs your company toward fresh, uncharted waters. But the directions given by the book Blue Ocean Strategy aren’t working. One of the biggest…