Little appetite for Supreme Ventures' IPO
THE NUMBERS for the Supreme Ventures (SVL) initial public offering (IPO) are finally in and they are less than encouraging: The public took up less than 40 per cent of the shares.
Facey Commodity eyes European market
FACEY RETAIL Solutions, the Miami-based subsidiary of distributive conglomerate, Facey Commodity, is set to expand its telecommunications business in the European market with the launch of a mobile virtual network operator (MVNO) in Germany which will...
Government moves to sell Don Crawford's properties
THE GOVERNMENT-OWNED Financial Institutions Services (FIS) is now taking steps to value and sell the properties of former Century National Bank boss, Donovan Crawford, to recover its $2-billion debt.
2005: The year the stock market fizzled out
THE STOCK market for 2005 started with a bang and was reduced to a fizzle. All the indicators were in place for the market to have a great year. From 2002 to the end of 2004 there was an unbroken stretch of double digit increases...
'Tax collection on target'
THE TAX Administration Directorate (TAD), the country's tax revenue body, says it is on track to collect budgeted revenue for the rest of the financial year.
Are entrepreneurs born or made?
PERHAPS THE most desirable but equally intimidating means of achieving life-long financial independence is entrepreneurship. And one of the most enduring questions within the entrepreneurial discipline is whether entrepreneurs are born or...
TALKING TAX - Tax relief for farmers
FARMERS WITH incomes earned exclusively from carrying out prescribed agricultural activity can get relief of income tax under the Income Tax Act.
Capital & Credit provides scholarships for youth
SINCE 1996, the Capital and Credit Financial Group (CCFG) has been providing scholarships for Jamaican children desirous of furthering their education, but who lack the necessary resources to do so. Through its scholarship programme, 87 students have...
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