Money Media

Hey Reader, Here's your weekly roundup from Money Media! 📌Story of the Week Why did NCB stop giving out loans? The diaspora doesn’t have to buy YOUR house to change its value.And this is where the Diaspora Price Effect gets really interesting. Diaspora buyers can enter Jamaica with purchasing power tied to US, Canadian and British incomes. But DPE actually has two sides.There’s the constructive side…and then there’s the side that can make the market feel unfair... Click here to read more...

The Diaspora Price Effect: Higher Prices, Lower Returns? The diaspora doesn’t have to buy YOUR house to change its value.And this is where the Diaspora Price Effect gets really interesting. Diaspora buyers can enter Jamaica with purchasing power tied to US, Canadian and British incomes.But DPE actually has two sides.There’s the constructive side…and then there’s the side that can make the market feel unfair.Let’s start with the constructive side... Read more MISSION 01 · FREE COURSE Build...

Guyana's Next Oil Plan Guyana produces oil, but still imports the gasoline and diesel its people use. Now it wants its own refinery. President Irfaan Ali says a domestic refinery would anchor Guyana’s proposed national oil company, alongside expanded fuel storage. He’s aiming for greater supply security, lower fuel costs and eventually supplying the wider Caribbean. But this is still a proposal. Read more PRACTICAL WORKBOOK Turn your money goals into a plan Budget, tackle debt and map out...

Hey Reader, Here's What's Hot on the business scene right now 🔥🔥🔥 Will China become Jamaica's #1 supplier? Chinese cars are all over Jamaica’s roads. And of course, Jamaicans love shopping on Shein and Temu. So, could China eventually overtake America as our biggest supplier? We spend a lot of time talking about Caribbean trade with the United States. But Jamaica’s numbers show just how quickly China is gaining ground... Read More Luwanna Williams takes the helm at JN Bank New Managing...

📺Premiering now! On this episode of Taking Stock... Sagicor is planning to form one Caribbean group. How is the process going? And what can customers and shareholders expect after it's complete? CEO Chris Zacca shares the insights. Join us LIVE in 15 minutes to discuss. And THE ANALYSTS weigh in on the latest market developments... GraceKennedy Limited: Half year performance and Outlook Back to School preparations are winding up, but is there any impact on the Stock Market? Join us tonight at...

Uber leaves Nigeria and Uganda Uber has pulled out of Nigeria and Uganda. Could the same pressures eventually push it out of Jamaica? Uber ended 12 years of operations in Nigeria and also shut down in Uganda. The company said the decision followed a review of its business, but didn’t give a specific reason. However, Nigeria’s ride-hailing market has been squeezed by rising fuel costs, inflation, currency volatility and competition from other apps... Read more Here are five budgeting mistakes...

Seprod's big deal! Some of your favourite global butter brands will now be made in Jamaica! NCB has two new CEOs. But who’s running what, and what could this mean for your money? Sheree Martin has been confirmed as CEO of National Commercial Bank Jamaica, effective September 1. She’s been acting since January and becomes the first woman formally appointed to lead the bank. Meanwhile, Julian Mair takes over as CEO of NCB Financial Group on November 17. Read more ⚠️ Scam alert: I will never...