Helping Caribbean people at home and abroad create wealth through investing and entrepreneurship
😅Lee Chin's NCB Shares Safe
Lee Chin's NCB Shares Safe... for now!So it appears that Michael Lee Chin’s NCB shares are safe… for now. Jamaican billionaire Michael Lee Chin has finally made the US$94 million payment due to bondholders, halting any talks of him losing his majority stake in NCBFG… for now. That US$94 million included about US$19 million in overdue interest and US$75 million of the principal. Bondholders are owed more than US$364 million. Those loans are secured by about one billion NCBFG shares, which Lee Chin used as collateral. That represents about...
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Money Media
Helping Caribbean people at home and abroad create wealth through investing and entrepreneurship
Should the Caribbean Help Cuba? Airlines are cancelling flights to Cuba left and right. But why and how’s that going to affect the country’s economy? So, Cuba is facing a serious fuel crisis right now, and it’s starting to affect almost every part of daily life. Airlines have been told they won’t be able to access jet fuel at several of the country’s main airports, including Havana’s largest international hub. That’s caused airlines to cancel flights, schedule changes and make refuelling...
Hey Reader, Here's your weekly roundup from Money Media! 📌Taking Stock Can Jamaica Reach Investment Grade? Global ratings agency Fitch Ratings has reaffirmed Jamaica’s sovereign credit rating at BB- with a stable outlook, a signal that the country has not lost ground despite the economic shock from Hurricane Melissa. The decision keeps Jamaica three notches below the coveted “BBB” investment grade territory. But in the current climate, stability counts for something. Speaking on Taking Stock...
📺Premiering now! On this episode of Taking Stock... Chris Williams is moving in a different direction. The retired investment banker has launched two new companies. What are his plans for the future? He joins us LIVE in 15 minutes to discuss. And THE ANALYSTS weigh in on the latest market developments... The JSE is up 27,000 points for January. What’s driving the hot streak? And how will tax changes under Trump’s Big Beautiful Bill affect you and your money? We'll discuss. Join us tonight at...