Hey Reader, Here's your weekly roundup from Money Media! 📌Taking Stock Global shocks continue to hit Jamaican businesses Jamaican businesses are under mounting pressure as a string of global and local shocks continue to disrupt trade, costs and investor confidence, according to Equity Trader Clive Charlton. Speaking on Taking Stock with Kalilah Reynolds, Charlton said repeated crises, from the COVID-19 pandemic to geopolitical conflicts and hurricanes, have forced companies to rethink how...
9 days ago • 2 min read
Jamaica's Next Big Industry? Jamaica’s legal cannabis industry is now valued at over J$10 billion! According to the Cannabis Licensing Authority, the industry hit about US$63 million in 2025, which is roughly J$10 billion. That’s a 63% jump in just one year. That’s about the amount of money the country earns from exporting major non-traditional crops like yam and coffee combined. And we know Blue Mountain coffee is legendary, so the cannabis industry is making more and it’s actually becoming...
12 days ago • 1 min read
View this email in your browser Hey Reader, Here's What's Hot on the business scene right now 🔥🔥🔥 Hunt for new BOJ Governor Change The government has started the search for a new Bank of Jamaica governor. Governor Richard Byles is set to leave office on August 18, after taking up the role in August 2019. That marks roughly seven years at the helm of the central bank. Finance Minister Fayval Williams says the process will focus on finding a candidate to maintain monetary stability and continue...
13 days ago • 2 min read
📺Premiering now! On this episode of Taking Stock... Between COVID, Hurricane Melissa and now another war, businesses have had to do a lot of pivoting, and sometimes that makes it hard for us as investors to keep up. We’ll discuss the different ways companies have been pivoting and what it means for you and your money. Join us LIVE in 15 minutes to discuss. And THE ANALYSTS weigh in on the latest market developments... Are we headed for a food shortage? We’ll discuss. Join us tonight at 8pm...
14 days ago • 1 min read
Should You Be Saving In USD? So it looks like Jamaicans are running back to the US dollar. It wasn’t that long ago when any little extra money you got, you dropped it in a USD savings account. That’s because the Jamaican dollar was so unstable that people felt they had to save in USD to counter the effects of devaluation. Around 2017, though, the Bank of Jamaica implemented the B-FXITT system, which helped to stabilise the local currency and ensure that it fluctuated both ways. Some days the...
14 days ago • 1 min read
Hey Reader, Here's your weekly roundup from Money Media! 📌Taking Stock Quantas IPO opens to public The Quantas Advantage IPO is officially on the market, and CEO Adrian Stokes says the offer is open to both institutional and retail investors. The investment firm is aiming to raise just over US$9.3 million, or roughly J$1.5 billion, through the sale of more than 83 million shares. But only about 22 million of those shares are being made available to the general public, with the remaining 61...
16 days ago • 2 min read
Big Win for Jamaican AirBnB Hosts Getting paid as a Jamaican Airbnb host just got a whole lot easier. Airbnb is now allowing Jamaican hosts to receive their payments directly into their local bank accounts in US dollars. That means hosts can avoid some of the international transfer and foreign currency fees that used to eat into your payouts. And that’s a big deal, because before now, getting paid through Airbnb often meant dealing with a mix of payout methods like international wire...
19 days ago • 1 min read
🚨IPO Alert: Quantas Advantage Quantas Advantage is looking to raise just over US$9.3 million or about J$1.5 billion, through its initial public offering. The company is an investment firm focused on structured finance and securitised assets, essentially funding Caribbean businesses and earning returns from those investments. The breakdown Offer: J$1.5 billion (US $9.3 million) Upsize option: J$2.5 billion (US$15.5 million) Open date: April 22, 2026 Close date: May 21, 2026 Minimum purchase:...
20 days ago • 1 min read
View this email in your browser Hey Reader, Here's What's Hot on the business scene right now 🔥🔥🔥 Investing in Jamaica Just Got Easier Jamaica finally has a trading platform for government bonds. So, the Jamaica Stock Exchange recently launched its fixed income trading platform for Government of Jamaica bonds. Finance Minister Fayval Williams made the announcement in her budget presentation in March. And it’s already up and running. The platform is a joint project with the Bank of Jamaica....
20 days ago • 2 min read