Caribbean

JN Bank has been given the approval to distribute JAM-DEX

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 sold off its shares in New Castle Company Limited

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...

Delta Capital will issue out payment cards in 2023

Delta Capital Partners is on the verge of launching their rebranded cards that were obtained from the acquisition of MassyCard Limited from Barbados. This deal when fully finalize will give Delta Capital Partners access to approximately 30,000 cardholders. This project that...

Massy is on the verge of acquiring IGL in a J$21.5 billion dollar deal

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 looks to expand in 2023 and build upon its recent success

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 acquires over 40% of logistics firm

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 IPO sets for December 28

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...

Jamaica in advanced talks to secure new IMF deal

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...

Massy ramps things up before the year end with another take over

Massy holdings has made another acquisition within weeks of a prior purchase of the Trinidad & Tobago business operations of French company Air Liquide International S.A. This deal allows Massy to purchase 100 percent of the share capital of...

First Rock share buyback program is going according to plan

First Rock has been ramping things up with share buyback over the last few weeks. Typically, companies buy back shares to increase the price of shares for investors due to supply and demand within the market. The company states that...
-Advertisement-

Latest News

Twitter Rebrands to ‘X’

In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
-Advertisement-