Money Media

Scotia Shareholders Say Yes to $75 Buyout. What Happens to Your Money? Scotia shareholders have voted YES to the seventy-five-dollar buyout—so what happens to your shares now? We’ve been following Scotia Group Jamaica’s proposed buyout, including the increase from J$61.50 to $J75 per share. Now, shareholders have approved the scheme of arrangement that would take the company private... Read more LESSON 1 FREE The stock market isn’t a secret club Watch Stock Market Basics and learn how...

Hey Reader, Here's What's Hot on the business scene right now 🔥🔥🔥 Nvidia Just Authorized a $150 Billion Buyback Nvidia has authorised another US$150 billion to buy back its own shares, but that doesn’t guarantee investors a profit. The announcement brings the amount Nvidia still has permission to spend on share buybacks to US$245 billion... Read More LESSON 1 FREE The stock market isn’t a secret club Watch Stock Market Basics and learn how investing works—with language and examples that make...

Jamaica Just Passed New Crypto Rules If you buy crypto or use it to send money, Jamaica’s House of Representatives has passed legislation aimed at regulating the businesses handling those transactions. It’s called the Virtual Asset Service Providers legislation, and the House passed it on September twenty-nine with three amendments. That’s passage in the Lower House — it doesn’t mean the entire framework is already in force... Read more MISSION 02 · FREE COURSE Debt Do Over Get honest about...

Will Your EduFocal Stake Shrink When They Issue New Shares? EduFocal shareholders have narrowly approved a new direction for the company, despite concerns that issuing new shares could dilute their ownership without enough detail about the terms. Shareholders approved two special resolutions at the company’s reconvened annual general meeting on September twenty-five. The first supports changing EduFocal’s name to Walstron Limited and expanding beyond education technology into areas including...

Hey Reader, Here's your weekly roundup from Money Media! 📌Story of the Week BOJ Raises Interest Rates to 6%. What Does It Mean for You? Jamaica’s central bank has raised interest rates to 6%, adding another pressure point for households already facing higher prices. The Bank of Jamaica increased its policy rate from 5.5 to 6%, effective September 29. That’s a half-percentage-point increase. Annual inflation reached 7.9% percent in August, above BOJ’s target range of 4 to 6%... Click here to...

BOJ Raises Interest Rates to 6%. What Does It Mean for You? Jamaica’s central bank has raised interest rates to 6%, adding another pressure point for households already facing higher prices. The Bank of Jamaica increased its policy rate from 5.5 to 6%, effective September 29. That’s a half-percentage-point increase. Annual inflation reached 7.9% percent in August, above BOJ’s target range of 4 to 6%... Read more FEATURED Own a Piece of the Caribbean Learn how to invest and build wealth in the...

Scotia Raises Its Offer to $75 Per Share. Is It Enough? Scotiabank is now offering minority shareholders seventy-five dollars a share to take Scotia Group Jamaica private — but is that enough?The offer increased from $61.50 to $75 — almost 22% more. For someone with a thousand shares, that’s an additional $13,500. Read more LESSON 1 FREE The stock market isn’t a secret club Watch Stock Market Basics and learn how investing works—with language and examples that make sense in the Caribbean....