The Bank of Jamaica has given JN Bank Limited the green light to operate as a wallet provider which will now allow JN to distribute JAM-DEX. JAM-DEX is the digital currency that the BOJ has been promoting over the...
PanJam has recently sold off all its shares in local spice manufacturer New Castle Company Limited. Analysts are saying that this has been a deal that PanJam has benefited ever since PanJam decided to purchase 25 percent of the...
Risk management is the process of identifying, analyzing, and responding to risks in a proactive and systematic manner. In the business world, risk management is crucial to the success and survival of any organization.
By identifying and addressing potential...
From automating financial processes to improving risk management, AI has the potential to significantly improve efficiency and accuracy in the financial sector.
One of the most promising applications of AI in finance is in the area of financial forecasting. By...
Massy Holdings Limited has purchased 100 percent shares of Jamaican gas company IGL Limited in a deal worth US$140.3 million which is equivalent to $21.5 billion.
At the moment the deal is being overviewed by the Fair Trading Commission to...
Lynk has been expanding rapidly since its inception roughly over a year ago. It closes the year with over $1.5 billion in transactions and over 180,000 registered users.
Vernon James, CEO of Lynk is very proud of what the company...
Sygnus Deneb Investments Limited (SDI), which is the private equity firm under Sygnus Capital, has made a strategic investment in CS&T Group Limited. Facey Group is the majority shareholder of CS&T and by partnering with Sygnus and allowing them...
Apex Radiology is set to end the year on a high with an IPO on set for December 28, 2022. This company is mainly a medical private imaging company that has grown over the year into a sustainable business...
Goldman Sachs is planning to lay off upwards of 3,900 representatives beginning in January as CEO David Solomon looks to help the bank benefit in the midst of financial headwinds.
The bank is now planning to slash staff numbers across...
Jamaica and the International Monetary Fund team have reached the advanced stages of securing a deal that allows the government to access US $1.7 billion in funds. It is to be noted that all this money will not be...
