QUESTION: I got a 100% financed loan to purchase a new car in 2014. Several months afterwards, I lost my job and the vehicle was repossessed. A few weeks ago I got a letter from a collection agency that I owed more than the money that I borrowed and that
INVESTING is critical to wealth creation, as it's usually more difficult to amass a large net worth with just regular savings. However, the financial marketplace in Jamaica is filled with many investment choices and sometimes it might be difficult to decide where to invest your money. Before making any
Sagicor Group Jamaica has signalled its support of the Government's intention to launch a digital currency which is expected to bolster the local economy. Speaking last week at the first in a series of Sagicor Investments educational investor briefings dubbed 'Money Talks', Christopher Zacca, president and CEO of Sagicor Group
WASHINGTON (AP) — The head of the 190-nation International Monetary Fund says prospects for global growth have brightened since January, helped by a $1.9 trillion United States rescue package. But she warns that uneven progress in fighting the pandemic could jeopardise the economic gains. IMF Managing Director Kristalina Georgieva said
Financial services conglomerate Sagicor Group Jamaica Limited is gearing up to further extend its products and services locally and in the region as the company seeks to unlock value and create greater wealth for its shareholders in the aftermath of the novel coronavirus pandemic. Speaking during its first of a
With April being observed as Financial Literacy Month, banker Nickeisha Cleary is reminding Jamaicans that prioritising and protecting their financial health amid the COVID-19 pandemic is vital. Cleary, who is assistant manager, mobile banking at JN Bank, said that if more persons have a solid handle on their finances, they
Prime Minister Andrew Holness yesterday argued that there is a need to engage credit rating agencies in discussions on what the United Nations is calling a “looming debt crisis”. “We need to bring the credit rating agencies into our discussions, as many countries are afraid to apply for debt relief
With April being observed as Financial Literacy Month, banker Nickeisha Cleary is reminding Jamaicans that prioritising and protecting their financial health amid the COVID-19 pandemic is vital. Cleary, who is assistant manager, mobile banking at JN Bank, said that if more persons have a solid handle on their finances, they
Salvage teams on Monday finally freed the colossal container ship stuck for nearly a week in the Suez Canal, ending a crisis that had clogged one of the world’s most vital waterways and halted billions of dollars a day in maritime commerce. A flotilla of tugboats, helped by the tides,
TREASURE BEACH, St Elizabeth — Prominent south coast hotelier Jason Henzell is among those in the tourism industry looking forward to Phase II of the Government's vaccination programme, as he believes the sector is starting to see good prospects for recovery. “We are starting to see a few guests come
