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  • Namibia follows South Africa with land reform pledge

    October 3, 2018 7:10 AM 20

    WINDHOEK, Namibia (AFP) — Namibian President Hage Geingob vowed Monday to push ahead with land redistribution, echoing the Government of neighbouring South Africa, where the issue has become a fierce political battleground. Namibia, which was ruled by colonial Germany and then apartheid South Africa until 1990, has large swathes of agricultural land, as well as major

  • PHOTOS: All about finance

    October 2, 2018 9:11 AM 13

    The CFA Society of Jamaica held its inaugural investment forum recently at the Jamaica Pegasus in Kingston. Here Canadian investment strategist Myles Zyblock (left) greets Fornia Young (right) of JMMB, and Hugh Miller, chair of CFA Society of Jamaica Planning Committee. The association is made up of chartered fianncial analysts. PHOTO 2: Brian Frazer

  • Canada strips Aung San Suu Kyi of honorary citizenship

    September 30, 2018 5:55 AM 16

    OTTAWA, Canada (AFP) — Canada's parliament voted unanimously on Thursday to effectively strip Myanmar leader Aung San Suu Kyi of her honorary Canadian citizenship over the Rohingya crisis. Ottawa had given the long-detained democracy advocate and Nobel laureate the rare honour in 2007. But her international reputation has become tarnished by her refusal

  • How to live with your first credit card limit

    September 30, 2018 4:49 AM 16

    So the mental math begins. Can you shop for groceries for a full month without flying too close to your limit? Is it even possible to pay for a plane ticket? If the answer is a resounding "no, it's time to hash out a new game plan. Instead of trying to use your credit card for everyday purchases, focus on establishing a history of on-time payments and responsible

  • Digicel completes sale, leaseback agreement with Phoenix Tower

    September 28, 2018 4:56 PM 16

    Digicel has completed a sale and leaseback agreement with Phoenix Tower International (PTI) through its Jamaican subsidiary, Phoenix Tower Jamaica Limited in relation to a number of its towers in Jamaica, the telecoms company announced today. The sale and leaseback arrangement means PTI assumes ownership and management rights of 451 of Digicel’s wireless

  • Jablum joins flavoured coffee bandwagon

    September 28, 2018 5:00 AM 17

    Mavis Bank already offers the French vanilla flavour for its other lower-tiered brand, True Blue, but is packaging infused coffees under the premium Jablum label for the first time. "It is aimed at Caribbean consumers," said Mavis Bank CEO Norman Grant. "We know there is a market for it and we are trying to roll it out in Jamaica and different Caribbean

  • New Ministry of Foreign Affairs building nearing completion

    September 26, 2018 8:00 AM 15

    Construction of the new 11-storey Ministry of Foreign Affairs and Foreign Trade on Port Royal Street, downtown Kingston, is nearing completion. The project is valued at $3.968 billion of which approximately $3.267 billion is being funded by a grant from the People's Republic of China and is on track for completion by December 2018. The Government of Jamaica

  • US consumer confidence approaches all-time high

    September 26, 2018 7:22 AM 13

    WASHINGTON, United States (AFP) — Confidence among American consumers in September rose unexpectedly for the second month in a row, hovering near an 18-year high, according to a survey released yesterday. The survey shows a sharp gain in optimism among consumers, with respondents apparently shrugging off worries about inflation and a trade war with China

  • Venezuela first lady added to sanctions list

    September 26, 2018 5:00 AM 20

    The Trump administration on Tuesday slapped financial sanctions on four members of Venezuelan President Nicol·s Maduro's inner circle, including his wife and the nation's vice-president, on allegations of corruption. As part of the actions, the United States barred Americans from doing business with Venezuela and will seize any financial assets in the US belonging

  • Guyana to sign economic cooperation agreement with Barbados

    September 23, 2018 5:40 AM 14

    BRIDGETOWN, Barbados (CMC) – Guyana is to sign a framework agreement for economic cooperation with Barbados, President David Granger of Guyana has announced. The announcement comes on the heels of the country signing a Memorandum of Understanding (MOU) with Trinidad and Tobago on Thursday. Granger, addressing the inaugural, Guyana Trade and Investment