The African Export-Import Bank (Afreximbank) on Tuesday (June 2) hosted the Jamaica leg of its Caribbean-focused roadshow, aimed at strengthening investment, trade, and industrialisation ties between Africa and the Caribbean. The event, held at the AC Hotel by Marriott Kingston, which was attended by Minister of Finance and the Public Service, Hon. Fayval Williams, introduced Jamaica to the institution’s US$5-billion...

Jamaicans are being encouraged to prioritise retirement planning early in their working lives, to improve their prospects of achieving financial security in later years. Speaking during a Jamaica Information Service (JIS) ‘Think Tank’ on Wednesday (June 3), Director of Sales Service and Channel Delivery at Scotia Jamaica Life Insurance Company Limited, Kerry Ann Chong, noted that retirement planning is often...

The Ministry of Foreign Affairs and Foreign Trade has secured an increase in the stipend provided to Jamaican scholarship students in Cuba, through the Ministry of Finance and the Public Service. Foreign Affairs Minister, Senator the Hon. Kamina Johnson Smith, provided the update during Wednesday’s (June 3) Post-Cabinet Press Briefing at Jamaica House. She further advised that the Ministry had...

The Bank of Jamaica (BOJ) has launched a new financial literacy gamification platform, ‘BOJ Money Quest’, designed to engage Jamaican school children in learning about money management. The initiative seeks to equip students with essential financial skills, including saving, budgeting, goal-setting, and responsible spending. The curriculum-aligned game is tailored for students in Grades Four to Six and can be accessed...

The Bank of Jamaica (BOJ) will launch its 65th anniversary celebrations this Sunday (May 31) with a vibrant programme of activities highlighting staff recognition, community outreach, and youth empowerment initiatives across the island. Head of Communications, Sheena Woodburn Francis, outlined the planned activities during the Central Bank’s Quarterly Monetary Policy Press Conference at the Garden Hotel in Mandeville, Manchester, on...

The Bank of Jamaica (BOJ) is projecting a gradual recovery of the economy for financial years 2026/27 and 2027/28, with real gross domestic product (GDP) growth forecast to be within the range of one to three per cent. The forecast was given by Governor, Richard Byles, during the Quarterly Monetary Policy Press Conference at the Garden Hotel in Mandeville, Manchester,...

The Bank of Jamaica (BOJ) Monetary Policy Committee (MPC) has unanimously agreed to maintain the policy rate on overnight placements by deposit taking institutions at 5.5 per cent per annum. “The MPC also decided that Bank of Jamaica will continue special measures to preserve stability in the foreign exchange market, including directly supplying the foreign exchange needs of selected entities...