The Jamaica Stock Exchange (JSE) has entered a partnership with the Ghana Stock Exchange (GSE), which will see the capital markets in both countries expanding their products and services to investors. This is being facilitated under a Memorandum of Understanding (MOU) of Mutual Recognition, which was signed by representatives of both entities during a special Bell Ringing ceremony on Monday...

The 13 investors selected to engage in production at the Toll Gate Mango Agro-Park in Clarendon have each committed to investing at least $20 million in their projects. Selected from 55 applicants, the 13 large investors will cultivate East Indian and Saint Julian mangoes on the 935-acre property managed by the Agro-Invest Corporation. The mangoes are for export markets in...

The Students’ Loan Bureau (SLB) is projecting to disburse approximately $5.94 billion to eligible applicants during fiscal year 2022/23, to finance undergraduate and postgraduate studies, up from $5.33 billion last year. This is according to the Estimates of Revenue and Expenditure for the Year ending March 2023. The document indicates that the SLB will continue to provide funding through three...

An additional $1.4 billion is to be paid out to Programme of Advancement Through Health and Education (PATH) beneficiaries in the 2022/2023 financial year. This follows a recent Cabinet approval for an increase of 18.26 per cent for the programme. Labour and Social Security Minister, Hon. Karl Samuda, made the announcement in his contribution to the 2022/23 Sectoral Debate in...

The Ministry of Education and Youth has received approximately $365 million this fiscal year as budgetary support for its scholarship programme. The programme provides a wide range of scholarship opportunities to students who are desirous of pursuing tertiary studies. While delivering her sectoral presentation in the House of Representatives recently, Minister of Education and Youth, Hon, Fayval Williams, said that...

Fifty-six students from eight tertiary institutions will benefit from scholarships and bursaries to support their education in Spanish Language and Hospitality. The scholarships are courtesy of the Spanish Foundation of Jamaica and are valued at $4.5 million. The awards ceremony was held virtually, today (April 26). The eight institutions are University of the West Indies, Mona (Development Enhancement Fund); Shortwood...

Jamaica’s unemployment rate fell to a new record low of 6.2 per cent in January 2022. This, according to the Statistical Institute of Jamaica (STATIN) Labour Force Survey for the month, is a 0.9 percentage point lower than the figure recorded in October 2021. It is also 2.6 percentage points below the out-turn for the January 2021 Survey, Director General,...