Many times we watch the business news or read the finance section of the newspaper and see that an Initial Public Offering (IPO) is due on the market, but how many of us actually know what an IPO is?In layman's terms, it is a company's offer to the public to
MEXICO CITY, Mexico — General view of the Mexican stock exchange in Mexico City on June 6, 2019. -The Mexican peso has plummeted against the dollar since US President Donald Trump announced his plan to avert tariffs a week ago (Photo: AFP) WHAT is private equity? This is ownership of
MONTEGO BAY, St James — A recently completed study by The University of the West Indies (The UWI) has revealed that there is a $40 billion demand for agricultural supplies in the tourism sector. The revelation was made by Minister of Tourism Edmund Bartlett, who added that the study also
HEY guys. This week I continue the series on de-mystifying some of the terms around investing and making it less scary (and less boring). Our topic today is “dividends”. Just like “stocks” last week, this is another term that everybody and them cousin “know”, but not everybody actually knows. I
WELL-KNOWN housing expert, Carlton Earl Samuels, says that in order to further narrow the housing gap, greater attention needs to be paid to addressing affordability, as supply is improving. Samuels, who is chief of development financing at the Jamaica National Group, says many Jamaicans still cannot afford to finance a
Prime Minister Andrew Holness (centre) and Dr. Nigel Clarke (right) watch Russell Hadeed, chairman of the Petroleum Corporation of Jamaica (PCJ), insert the Wigton Windfarm Limited strip on the Jamaica Stock Exchange's Listing Board, last month In an article dated March 18, 2016 in the Jamaica Observer 'Equity is the
Sagicor Financial Group, based in Barbados, announced that revenues jumped 80 per cent for its March 2019 first-quarter led by increased activity in the USA and Jamaica, according to an earning update. Shareholders in Sagicor will vote next month on whether to sell a majority stake to Canada-based Alignvest, an
QUESTION: We defaulted on significant credit card debt last year (for reasons that, unfortunately, could not be helped). The bank’s attorneys have written to us, informing us that they will take legal action against us if we don’t pay. We do have a car (which we are trying to sell)
Question: I recently got quotations from three different companies to insure my family home. It has reinforced concrete block walls and a Decramastic tile roof. The house covers an area of 2,800 square feet and is in Kingston 6. The estimated cost of rebuilding is $35 million. Annual premiums range
Shares in Sagicor X Fund ticked upwards after the release of its first-quarter results, but dipped following the announcement of a change of auditor. Richard Byles, chairman of the X Fund, indicated that the change in auditors from PwC St Lucia to Grant Thornton reflected an avoidance of conflict of
