Money Media

DESCRIPTION: Jamaica wants to become the Caribbean’s next cruise ship home port.  That means visitors from around the world will come here to board their cruises.  We’ll get an update from Tourism Minister, Edmund Bartlett. And later, THE ANALYSTS weigh in on the latest market developments…. Fesco has officially listed on the Junior Market. How are investors reacting? And US President Jo...

The hardest part of investing is starting. The idea of investing can be very intimidating, but what if I told you some of the biggest reasons you haven't already started aren't really that big. There's definitely been more interest in the idea of investing since the start of the pandemic. People are trying to secure the bag just in case the world shuts down again, but more talk doesn't necessarily...

Thinking about applying for the DBJ's Ignite Programme but not sure if it might be for you? Melarka Williams, past beneficiary of Ignite’s J$7 million dollar grant received funding for his business, Ingenuity Technologies. He appeared on #MoneyMovesJa and told us what it was like being a part of the programme. Read a summary of this episode: https://kalilahreynolds.com/ LET’S GET THIS MONEY #letsg...

Despite being in a global pandemic, real estate interest has sky-rocketted. That’s according to data conducted by Sifi Studios Jamaica the entity behind the country’s first and largest digital real estate platform , KEEZ. We’ll find out more about the data from Sifi Studios Co-Founders and CEO. And later, THE ANALYSTS weigh in on the latest market developments….PamJam Investment took a massive $JM...

Brick pan brick… brick pan brick pan brick …. There are some financial practices that can make you wealthy that I’m excited to share, and NO I’m not talking about scamming. I’m talking about perfectly legal financial habits that can change your life! “Wealth is largely the result of habit, ” a very rich man once said. I’ve prepared 6 financial habits that can change your life for the richer. Read...

Do you have a great business idea but no funds to develop it? Or perhaps you're already established but still in the early stage, and you need money for a new product you want to launch. You can qualify for as much as $7 million through the DBJ's Ignite Programme, which is now accepting applications for its third cohort.  General Manager for Strategic Services at the Development Bank of Jamai...

Is Uber really coming to Jamaica? The US ride-hailing service recently invited Jamaican drivers to sign up on its app.  But the Transport Authority says they don’t have permission! And later, THE ANALYSTS weigh in on the latest market developments…. With Uber’s planned expansion into countries like Jamaica, is the tech company a buy for investors? Meanwhile, Financial institutions have gotten...

What happens to the things you own and the people you love, when something happens to you? Well if you don’t have a plan in place, who knows? Any card can play, which is why it is important that you have a will and estate plan, so that you can leave the things you value and the people you love in the right care. Read a full transcript of this episode at https://kalilahreynolds.com/programmes/money...

Watch on YouTube ! Panel discussion for Sagicor Investments inaugural #MoneyTalks online series.   Panelists: Dr. Nigel Clarke - Minister of Finance, Jamaica  Chris Zacca - President/CEO, Sagicor Group Jamaica  Sean Newman - Chief Investments Officer, Sagicor Investments   ******  RELATED TO THIS PODCAST:   TAKING STOCK - SAGICOR PROFITS DOWN; CIBONEY PRICE SOARS AGAI...

Calling all MSME’s you need to hear this! You know the  J$3000 Customs Administrative Fee (CAF)  you have to pay for exports valued less than US$500, kiss that goodbye. Yuh never heard it from me lol. Minister of Finance and the Public Service, Dr. The Hon. Nigel Clarke, announced the removal of CAF during his presentation in the opening of the 2021/2022 budget debate. Minister of State...

If you had bought just 18 Bitcoins for US$1.50 in 2010, you would be a USD millionaire today! This episode is about how to invest in Bitcoin and other forms of Cryptocurrency. Read a full transcript of this episode at https://kalilahreynolds.com/programmes/moneymondays Speak to an investment advisor at PROVEN Wealth about opening your investment account today!  Visit https://provenwealth.com...

Feeling stuck? Watching life pass you by? Bad debt? What if I told you there was a way out of debt , it just takes a bit of financial planning. Carilend (tag them) recently invited me to discuss tips on how you can make those bad financial decisions blossom into wealth. ******** Subscribe to my newsletter at https://kalilahreynolds.com LET’S GET THIS MONEY #letsgetthismoney Investing in Jamaica an...

Covid-19 has affected many financial institutions, Victoria Mutual Investments Limited no exception. However, even though it's been a rough year, VM Investments has reported  a  $1.8-billion dollar increase in its consolidated revenue for the 12 month-period ending December 2020. Chief Executive Officer at Victoria Mutual Investments Limited and VM Wealth Management, Rezworth Burchenson...

How would you like to get a piece of the $5 billion pie offered to businesses under the Government's new SERVE programme? Yes, you heard right, small businesses struggling to make ends meet can now benefit from this initiative if qualified. Our guest today is Dr. Norman Dunn, Minister of State in the Ministry of Industry, Investment and Commerce. Read a summary of this episode: https://kalilahreyn...

Now you can get your food and medicine delivered to your home up until midnight - that’s well past curfew! But only if you live in Portmore for now. The pilot phase of the E- Commerce National Delivery System, ENDS, has started, with hopes for an islandwide expansion soon. We’ll find out more about ‘ENDS’ from Country Manager at WiPay Jamaica, Kibwe McGann and CEO of t TECH and Spokesperson for EN...

Can you believe that it has been over a year since we first recorded our first COVID-19 case in Jamaica. A whole lot has changed in a year, such as the Jamaica Stock Exchange that was recognized as the world’s best stock exchange in 2019  became the world’s worst stock exchange in 2020. Financially, the Jamaican economy was in for it. Tourism, one of Jamaica’s biggest foreign exchange earners...

After years of corruption plaguing the National Solid Waste Management, NSMA, things have finally seemed to take a turn for the better at the government run institution. In 2019, the NSWMA copped the award for most improved body at the Corporate Governance Awards ceremony. Executive Director of the National Solid Waste Management , Audley Gordon, tells us What’s in it for me? GUEST: Audley Gordon-...

Fesco IPO is back on! 500-hundred million shares will be offered starting at $0.80 per share. The offer opens March 31, 2021 and is scheduled to close April 9, 2021. GUESTS: Trevor Heaven - Chairman, FESCO Jeremy Barnes - CEO, FESCO Download the prospectus at: https://www.jamstockex.com/wp-content/uploads/2021/02/FESCO-Prospectus.pdf Apply now at: https://goipo.jncb.com/ ******** Subscribe to my n...

After more than 20 years of strong growth in net profits, Sagicor Group Jamaica is reporting a 12 percent decline. But it’s not all bad news. We’ll speak about Sagicor’s latest results and their plans for 2021 with President and CEO, Christopher Zacca. And later, THE ANALYSTS weigh in on the latest market developments….  Indies Pharma has continued to record steady growth in its first quarter...

Easter 2021 has been cancelled! Sorry guys. Brogad (Prime Minister Andrew Holness) came through with the whip!  The main change is the weekend lockdowns which start Friday, March 26.  During the week, the curfew will still be from 8pm to 5am. Here’s a breakdown of all the new measures and what it will mean for business and your money! Read a full transcript of this episode at https://kal...

When the going gets tough, the business owner needs to get tougher. The burden of recovery is not only carried by the help of financial institutions or the government.  Mark Tracey, Project Executive for the Private Sector Organization of Jamaica’s Access to Finance for SME Project, appeared on #MoneyMovesJa and told us how the business owner can play a role in fortifying his/her business in...

Digital Jamaican dollars will be tested as early as next year!  Finance Minister Dr. Nigel Clarke has announced that they’ll be piloting a Central Bank Digital Currency (CBDC) in 2022.  How will it work? Is it safe? And will Jamaicans even go for it? We’ll explore with Governor of the Bank of Jamaica, Richard  Byles, and Chief Business Development Officer at Bitt Inc, the company wh...

Jamaica’s budget for 2021/22 features no new taxes, the abolition of the Customs Administration Fee (CAF) for exports worth US$500 or less, vaccination incentives, and road works. However, the duty-free limit for imports remains at US$50 (womp womp). Read a full transcript of this episode at https://kalilahreynolds.com/programmes/moneymondays Speak to an investment advisor at PROVEN Wealth about o...

You might not immediately equate insurance with investment, but it can be because of the protection it gives you as a homeowner, a business owner, even as someone offering a professional service such as medical, legal or accounting. GUEST: Winsome Gibbs - Manager, Massy United Insurance, Jamaica Branch IG: @massyunitedinsurance  Website: massyunitedinsurance.com  ****** Subscribe to my n...

Things have been rough for the economy and, by extension, your business. What are some initiatives to assist with the economic recovery of your business? Mark Tracey, Project Executive for the Private Sector Organization of Jamaica’s Access to Finance for SME Project appeared on #MoneyMovesJa to tell us how you and your business can have a smoother financial path. IG: @psojfinancialaccessja Twitte...