Money Media

Co-Founder of First Rock Capital Holdings, Ryan Reid has defended his decision to register entities overseas, noting that the process still presents more pros than cons. This despite revisions to the International Business Company Acts in countries like St. Lucia and Barbados. First Rock was one of several companies he oversaw being incorporated in St. Lucia, during the time when the law afforded...

The real estate market continues to soar to new heights even in a global pandemic. But while house prices have gone through the roof, commercial real estate isn’t doing so well. We’ll hear from CEO of Kingston Properties,  Kevin Richards and  CEO of Victoria Mutual Property Services, Michael Neita. And THE ANALYSTS weigh in on the latest market developments…. What does the iPhone 13 have...

Cash Plus, Olint, Loom… the list goes on and on. At some point, or maybe several points in your life, everyone you know may have been talking about some new investment scheme that promises to double and even triple your money, so you should invest too, right? Maybe not. Speak to an investment advisor at PROVEN Wealth about opening your investment account today!  Visit https://provenwealth.com...

Assistant General Secretary at Bustamante Industrial Trade Union, Collin Virgo has clapped back at employers and stakeholders in the legal fraternity who have described Jamaica’s labour laws as being biased towards employees. Virgo noted that the labour laws afford employees the same rights as those prescribed for defendants in civil and criminal matters. Guest: Collin Virgo, Assistant General Sec...

Barita is looking to raise another J$10 to 15 billion dollars from their latest APO, which is now open. But the company has been on the defensive following questions about their intricate business structures. We'll get answers! And THE ANALYSTS weigh in on the latest market developments…. Scotia, Jamaica Broilers and Fontana results are out, how did they perform? And Proven has sold its 20 per cen...

Cash is King. A company without cash to pay its suppliers, staff or creditors is a broke company, a struggling company, a company on its way to bankruptcy. Cash is so important to a business that there is a whole financial statement dedicated to tracking the cash that goes in and out. It is often ignored though because it is not very easy to read but hopefully after this episode, it will be a bit...

Real estate is a big part of Pulse Investments’ portfolio. Both Villa Ronai and here, at Pulse Center on Trafalgar Road, boast several shops, restaurants and residential suites making them ideal locations for your one stop shop. GUEST: Safia Cooper, Managing Director, Property and Leisure at Pulse Investments. Visit Pulse's Youtube channel: PulseWorld360 https://www.youtube.com/channel/UCn7x5Y5iV9...

Employers and employees are being encouraged to use third party mediation to resolve workplace disputes and disagreements. According to Assistant General Secretary at Bustamante Industrial Trade Union, Collin Virgo, alternative dispute resolution has become the safest way to handle conflicts that could otherwise lead to dismissal. Guest: Collin Virgo, Assistant General Secretary at Bustamante Indu...

Two weeks ago Taking Stock interviewed the Founder and CEO of eCurrency, Jonathan Dharmapalan. They’re the California-based company that’s developing Jamaica’s digital currency. According to Dharmapalan, blockchain technology would not be used as the security mechanism to safeguard Jamaica’s Central Bank Digital Currency (CBDC) because it’s “vulnerable”. Well President of the Caribbean Blockchain...

We spend a lot of time learning how to ‘‘secure the bag’’, making sure that we have money saved up for a rainy day. But how many of us have checked to ensure that our bag is actually secure, especially since so many of us do business online.  I’m Kalilah Reynolds and it’s time for another episode of Money Mondays Ja Speak to an investment advisor at PROVEN Wealth about opening your investment...

NCB’s Bond has been extended to September 9 due to the lockdown measures, to give you more time to participate. The minimum investment is J$100,000, and you get 6% interest a year paid twice a year. GUESTS: Sancia Thompson - Manager of Wealth Management & Syndication at NCB Capital Markets LET’S GET THIS MONEY ***********

If there’s one thing the pandemic has taught us, it’s that many of us can do our jobs from literally anywhere. Whether its working from home or taking a conference call on the beach, remote working definitely has its advantages. Guest: Kesi Gardner, Head of Marketing at Jamlite Innovations. https://kalilahreynolds.com/programmes/moneymoves Visit EXIM Bank's Business Advisory Service at: https://ex...

Managing Director at BCIC Insurance, Peter Levy, told us last week that the Financial Services Commission (FSC) was planning to effectively ban Insurance Premium Financing, which allows you to pay your car and home insurance in installments with interest. Well the FSC has clapped back!  Their  Director of Insurance, Raymond Knight, joins us on this special  LIVE episode! And THE ANA...

Did you know that you can literally start a business with $0 - no money?  It’s not ideal for all types of businesses, but here’s your business startup checklist.  We’re going over: ✅Fine tuning your idea ✅Knowing your market ✅Securing finance and capital ✅Finding a suitable location ✅Company structure and staffing Speak to an investment advisor at PROVEN Wealth about opening your in...

Through its series of free webinars, Flow Business has been helping small and medium-sized enterprises (SMEs) grow their business in the digital space. Their most recent webinar, Digital Marketing 101, featured several industry leaders handing out helpful tips and advice to ensure companies maximise the full potential of the online space. Visit Flow Business at flowbusiness.co IG/Twitter: @FLOWJam...

The Ministry of Labour and Social Security has advised that Jamaica’s current laws do not support mandatory vaccination against COVID-19 for workers. This, despite concerns arising from employers as well as employees in relation to the safety of all stakeholders as the country continues to grapple with the pandemic. Guest: Gillian Corrodus, Divisional Director at Industrial Relations and Allied Se...

Do you pay your car or home insurance monthly?  Well if you do, that may no longer be an option soon.  You’ll have to find the full year’s payment upfront.  That’s because the Financial Services Commission, FSC, has reportedly signaled that it wants to ban Insurance Premium Financing.  We’ll hear more from Managing Director at BCIC Insurance, Peter Levy. And THE ANALYSTS weigh...

Guyana’s massive new oil fields are about to significantly transform the economy of CARICOM’s South American member-state.  If you’re interested in investing in Guyana, there’s actually a small stock exchange that will allow you to invest in a few Guyanese companies.  I’m Kalilah Reynolds, and it’s time for another episode of MoneyMondaysJA. Speak to an investment advisor at PROVEN Wealt...

Companies who fail to adequately protect customers' data could be fined up to four percent of their revenue in the next two years. That’s part of the penalty under the new Data Protection Act (2020) which awaits promulgation. The Act which seeks to safeguard the privacy and personal information of Jamaicans, was passed in the Senate on June 12 after being approved without amendments in the House o...

So Jamaica officially has its own digital currency… but is it secure? And how can you get some?  On this episode of Taking Stock, I have an exclusive sit down with the Founder and CEO of eCurrency, Jonathan Dharmapalan...  And BOJ Deputy Governor, Natalie Haynes, will tell us about the central bank’s rollout plan. And later, THE ANALYSTS weigh in on the latest market developments…. Jamai...

Profitability is an important factor when deciding whether you should invest in a company. You want to put your money into something that's gonna do well right? Obviously. Well today I'm gonna explain how to understand a company's Profit and Loss statement.  I’m Kalilah Reynolds and it’s time for another episode of #MoneyMondaysJa. Speak to an investment advisor at PROVEN Wealth about opening...

Employers are being urged to ensure they follow the legal process when intending to fire an employee. Employees are also encouraged to get sensitized on their rights should they be faced with that scenario. Back with us this week we have, Director at Human Resources Management Association of Jamaica, Colinnette Wilson, she’ll tell us how to let go of that problem employee legally. Read a summary o...

July 1 marked the change to St. Lucia’s international business company ,IBC, act,  which allowed non-resident organizations to benefit from low tax incentives , including no payment of corporate, income, or capital gain taxes. But what happens now? Joining me now to discuss we have Vice President and Head of Tax Advisory at Sygnus,  Denzil Whyte. And THE ANALYSTS weigh in on the latest m...

Are you constantly working and still feeling overwhelmed and behind? If so, how do you fix this? By working harder? I say no, work SMARTER….If hard work pays off, SMART work pays MORE. I’ll tell you six ways you can work Smarter ….I’m Kalilah Reynolds, and it’s time for another episode of MoneyMondaysJA. Speak to an investment advisor at PROVEN Wealth about opening your investment account today!&n...

Your employees represent your business so it's of utmost importance that you hire the right people. I’m Kalilah Reynolds and 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 us to speak about best hiring practices we have Director at Human Resources Management Association of J...