Kingston, Jamaica – For the second consecutive year, the GraceKennedy (GK) Group was the proud winner of the Governor General’s Award for Excellence at the Jamaica Stock Exchange (JSE) Best Practices Awards for 2021. The prestigious award honors the listed company which consistently upholds international best practices to be declared the overall winner of the annual JSE Best Practices Awards. GK also received the coveted award for 2004, 2018 and 2020.
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GEORGETOWN, Guyana – Government has partnered with the United Arab Emirates (UAE) to launch the Guyana Coders Initiative (GCI), as the administration moves to transform the nation into a hub for Information and Communications Technology (ICT).
GEORGETOWN, Guyana – Guyana has signed a contract with the US-owned LINDSAYCA/CH4, for the construction of the integrated Natural Gas Liquids (NGL) plant and the 300-megawatt (MW) combined-cycle gas turbine (CCGT) power plant at Wales, West Coast Demerara (WCD)
MONTEGO BAY, Jamaica – Jamaica’s Tourism Minister, Edmund Bartlett, says participants in the Tourism Innovation Incubator will have access to J$100 million (One Jamaica dollar=US$0.008 cents) to transform the ideas that have been for implementation into profitable projects.
HAMILTON, Bermuda — The House of Assembly has passed legislation which will implement a minimum wage for employees, set at US$16.40 per hour , from June next year.
GENEVA – The head of United Nations trade facilitation agency, UNCTAD, has warned that Caribbean and other developing countries face “impossible trade-off” on debt, stating that spiraling debt has compromised their chances of sustainable development.
NASSAU, Bahamas – Prime Minister Phillip “Brave” Davis says the former chief executive officer of the collapsed Bahamas headquartered FTX, Sam Bankman-Fried has been interviewed by local authorities as investigations continue into the demise of the crypto giant.
CASTRIES, St. Lucia – The administration of Prime Minister Phillip Pierre says the government will be disbursing over EC$20-million (One EC dollar=US$0.37 cents) in back pay owned to public servants.
KINGSTON, Jamaica – A revised Income Tax Relief Act that gives incentives to investments of US$1 billion or more, is expected to be tabled in Parliament by the next March, according to Minister of Finance and the Public Service, Dr. Nigel Clarke.
Kingston, Jamaica – The new Hi-Lo Food Stores (Hi-Lo) location in Negril, Westmoreland, and the Grace Agro-Processors (GAP) Plant in Denbigh, Clarendon are the latest facilities in the GraceKennedy (GK) Group to ‘go solar’. Both locations have installed solar power grid-tied systems with a combined generating capacity of 925 kWh per day, and which are projected to meet approximately 50 - 60% of the energy needs at the new Hi-Lo location, and up to 50% of the energy needs at GAP Denbigh.
Basseterre, St. Kitts and Nevis - Prime Minister of St. Kitts and Nevis, the Honourable Dr. Terrance Drew, will conduct his first official visit to Dubai in the United Arab Emirates from Tuesday 29th November 2022 to Saturday 3rd December 2022. The Prime Minister will be accompanied by the Minister of Tourism, Hon. Marsha Henderson; the Attorney-General, Hon. Garth Wilkin; the Cabinet Secretary, Dr. Marcus Natta; Mr. Sylvester Anthony and Ms. Veira Galloway.
SANTIAGO, Chile – The United Nations’ Economic Commission for Latin America and the Caribbean (ECLAC) says that foreign direct investment (FDI) in the region rose by 40.7 percent in 2021, but did not return to pre-pandemic levels.
Tampa, Fla. – Black cannabis entrepreneurs are virtually non-existent in America. They constitute 2% of the businesses and less than 10% are owned by people of color. Not surprisingly, for decades Black and Afro-Latino communities have had much higher rates of incarceration for marijuana offenses. While this gap is being addressed in many states through social equity policy built into state medical and recreational marijuana laws, it’s clear that there is still significant ground to make up. As a result, the private sector is stepping up – including Parallel, the parent company of Florida’s Surterra Wellness, and Black Cannabusiness (BCB).