Money Media

Many Jamaicans are furious at the price of NHT’s new Ruthven Towers apartment, which start at JM$27 million dollars (about US$170 thousand) for a one bedroom.  Critics say the National Housing Trust should focus on affordable housing, but NHT says there’s a demand at this price point. What do you think? We’ll have two NHT applicants sharing their experiences... and a Senior General Manager at...

Let’s say you have a business and it’s doing really well.  At some point, you may start to wonder, what’s next? Expand internationally? But is it really beneficial to expand your business into an overseas market? Speak to a Portfolio Advisor at PROVEN Wealth about opening your investment account today!  Visit https://provenwealth.com IG @weareproven Looking for affordable insurance? Chec...

Recently, more and more workplaces have been giving employees ultimatums to either get vaccinated or present a negative covid test weekly. But some workers have decided to simply quit. So what does this mean for employee retention? Joining me now to discuss, we have President of the Caribbean Employers’ Confederation, Wayne Chen. https://kalilahreynolds.com/programmes/moneymoves Visit EXIM Bank's...

Have you started your Christmas preparations yet?  With food prices skyrocketing, better order that ham early.  We’ll find out from GK Foods and Jamaica Broilers whether they’ll be able to meet the Christmas demand and what prices are likely to look like compared to last year. And THE ANALYSTS weigh in on the latest market developments: Seprod results are out, how did they do? Pfizer sha...

Cryptocurrency, forex, stock trading! Sign up now and start trading! Make tons of profit on your money in no time! Sounds easy and exciting, right? People see these ads and rush to sign up but then find out that it isn’t as easy to make money as they say, why is that? Today we’ll be talking about day trading.  Is it something you could do? Speak to a Portfolio Advisor at PROVEN Wealth about o...

You are trying to do everything to save your business but it just is not working, HELP! Look at me. Calm down. All is not lost . What if I told you that you can turn it all around? It’s time for another episode of MoneyMovesJa brought to you in partnership with EXIM Bank’s Business Advisory Service, giving you the tools to grow your business. Joining me now to discuss how you can turn your busines...

Quickplate is now Quickcart! The company that built its business on food delivery has expanded to groceries and other items. But the competition is fierce! CEO of Quickcart, Monique Powell, will join us. And she'll also share some of the hard lessons she's learned as an entrepreneur in Jamaica. You don't want to miss this! And THE ANALYSTS weigh in on the latest market developments….  Carib C...

Amway, Avon, Herbalife and World Ventures are all names I’m sure you’ve heard before. At some point we’ve all been invited to meetings or pitches from a friend, co-worker, classmate or maybe even a random person who started a conversation with you in the bank. So are these scams? A few weeks ago we cleared up how to identify Ponzi and Pyramid Schemes, now we’ll talk about Multi Level Marketing or...

So your business is under water and you owe more people money than you can afford to pay. You have no choice but to file for bankruptcy.  What does this mean for the company? Joining me now to discuss how you can file for bankruptcy we have Immediate Past President of the Jamaican Bar Association and Head of Litigation at DunnCox, Emile Leiba. https://kalilahreynolds.com/programmes/moneymoves...

The cryptocurrency market is soaring to new heights with Bitcoin as the pilot. Bitcoin hit an all time new record of nearly 67- thousand US dollars last week, but why?  And how long will the surge continue? We’ll discuss with Assistant Professor in the Department of Economics and Business at Lehman College, Dr. Sean Stein Smith, and Assistant Professor at ESE Business School, Hugo Benedetti....

DESCRIPTION:  Pop quiz! How many countries make up the Eastern Caribbean? While you guys Google the answer, did you know that eight countries in the Eastern Caribbean came together to form their own stock exchange? For the past few weeks, we’ve been taking a look at the stock exchanges in the English-speaking Caribbean. We’ve already talked about the Trinidad and Tobago Stock Exchange, the Gu...

You were doing well before the pandemic hit then BAM! You’re struggling to stay afloat. You’ve laid off staff and the only option you had was to take out a loan and another loan. Fast forward to several months and you’re still in debt… Oh no! Joining me now to discuss her experience, we have CEO of Chocolate Dreams, Michelle Smith. Guest: CEO of Chocolate Dreams, Michelle Smith https://kalilahreyn...

Oil prices have once again skyrocketed globally so what does this mean for your pocket? How soon will you see an increase in cooking gas, car fuel and even your electricity?  We’ll discuss with General Manager of Petrojam, Winston Watson. And THE ANALYSTS weigh in on the latest market developments…. The local stock market has fallen following the Bank of Jamaica’s recent interest rate hike. T...

Forgive me for stating the obvious, but the cost of living is going up!  Yup, inflation is on the rise, and it’s only gonna get worse.  Today I’m gonna break down what exactly inflation is and how it is measured. Speak to a Portfolio Advisor at PROVEN Wealth about opening your investment account today!  Visit https://provenwealth.com IG @weareproven Looking for affordable insurance?...

Financing your small business is no small feat. It can be a long and tricky process to navigate. This dependence on financing also opens up the potential for small businesses to fall into financial hardship and default on their loans. Topaz Johnson, Attorney-at Law at DunnCox explains what this all means and what to do if this happens! Guest: Topaz Johnson, Attorney-at Law at DunnCox https://kalil...

Last week, Financial analyst and Chairman of two listed companies, John Jackson lashed out against the Bank of Jamaica for raising interest rates by one percent in one go! Well he's not the only one! The BOJ is also coming under pressure from manufacturers, exporters, and much of the private sector….  This week on Taking Stock, BOJ Governor, Richard Byles, defends the controversial decision!...

Wouldn’t it be great if all of your bank transactions could be solved in five minutes or less? If only it was that easy. Covid may have forced us to migrate online, but that hasn’t necessarily been a smooth transition. And after one too many phone calls with customer service, you have to wonder, why is everything so complicated? Contrary to popular belief, banks don’t put customers through long wa...

Leisure, Lifestyle, Living. It’s the new mantra of Pulse Investments. Now the company may have started out as a modeling agency and events promotion company, but they’ve since evolved into a multi billion dollar diverse international company. Guests: Kingsley Cooper- Chairman, Pulse Investments Romae Gordon – Managing Director of Fashion and Lifestyle, Pulse Safia Cooper- Safia Cooper, Managing Di...

Executive Chairman of the Think Grow Lead (TGL) Group, Duane Lue-Fong, has asserted that several businesses are now finding it difficult to get sales during the pandemic because staff lack the skill to connect, convince and persuade people the right way. Lue-Fong noted that some businesses do well in sales because of the conditions. However, when those conditions get harsh, he said sales people wi...

Shareholders of Jamaican Teas are to consider a spin off of the company's manufacturing business. The decision is set for an Extraordinary General Meeting on October 27. The new company would potentially do an IPO list on the Jamaica Stock Exchange. Since the announcement, JamTeas stock price has gained nearly 20 percent. We'll discuss with Chairman of Jamaican Teas, John Jackson. And we'll also a...

We know this country for its very festive carnival, steelpan, its spicy food and its beautiful people but what do we know about its stock exchange? Trinidad and Tobago, also known as the Twin Island Republic, is a Caribbean Country situated just off the coast of Venezuela. Its location near oil and natural gas deposits gives it a different economic environment from the other Caribbean countries th...

It’s been a while since I’ve caught up with Rezworth Burchenson, CEO of Victoria Mutual Investments Ltd. We were able to grab a cup of coffee and chat about the economy, the pandemic and hear some news about VM Wealth! With increased net profits, growth in the real estate space, and an investment grade credit rating, Victoria Mutual Investment Limited (VMIL) has continued to make strides despite t...

Chairman of Fontana, Kevin O’Brien Chang has advised small businesses looking to grow to ensure they perfect the art of listening to staff and customers. Chang says that listening to staff and customers has been critical to Fontana’s expansion over the years. He said as part of the company’s workplace culture, emphasis has been placed on putting customers first, treating everyone as equal, giving...

Inflation in Jamaica is at its highest in six years, and businesses are expecting it to get even worse!  They’re projecting nearly 8-percent inflation this year. But on the bright side, the government’s tax revenues are ahead of budget. We’ll talk about it with Chairman of the Economic Programme Oversight Committee, Keith Duncan. And THE ANALYSTS weigh in on the latest market developments…. C...

The Caribbean region, over the past couple of years, has emerged as a capital market powerhouse, with the Jamaica Stock Exchange being listed among the best performing stock exchanges in the world. But did you know that the Barbados Stock Exchange is the third-largest in the English-speaking Caribbean? Today we're going to learn some more interesting facts about the BSE. Link to the Barbados Stock...