Helping Caribbean people at home and abroad create wealth through investing and entrepreneurship
🗞️Story of the Week!
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Hey Reader, Here's your weekly roundup from Money Media! 📌Taking StockQuantas IPO opens to publicThe 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 million reserved for anchor and strategic investors. Speaking on Taking Stock with Kalilah Reynolds, Stokes said despite that split, the company says everyday investors still have a clear opportunity to participate. “The offer is....
The AnalystsBrace for higher pricesJamaicans could be facing even higher prices after the Government removed the cap on weekly fuel price movements.. The cap, previously set at J$4.50 per litre, had limited how much gas prices could rise or fall each week. Its removal means fuel costs will now move more freely in line with global oil markets, particularly during periods of geopolitical instability. According to Energy Minister, Daryl Vaz, the policy change was driven largely by mounting losses at Petrojam, which had been absorbing increases to shield consumers. In recent weeks ...
📉The Bottom LineBig Win for Jamaican AirBnB HostsGetting paid as a Jamaican Airbnb host just got a whole lot easier. Read more Investing in Jamaica Just Got EasierJamaica finally has a trading platform for government bonds. Read more More Signs Point to Oil in JamaicaSo oil might actually be in Jamaica! Read more SponsoredQuantas Advantage IPO - Everything You Need to KnowThe Quantas Advantage IPO is now open, but is it the right investment for you? We spoke with the Quantas team before the IPO opened and they asked all your questions! Click the video link above to watch the interview. Poll resultsWill you be investing in Quantas Advantage? The official data partner of Money Media! Get 10% off your MyMoneyJa.com subscription with the code MONEYMISSION Market RecapJamaica Stock ExchangeJSE Combined Index +0.35% Trinidad & Tobago Stock ExchangeComposite total +2% US marketsDOW Jones -0.39% 💲Dollars and centsForexUSD$1.00 = JM$157.52 (-$1.61) CAD$1.00 = JM$114.90 (-$1.15) GBP$1.00 = JM$212.08 (-$3.31) EUR$1.00 = JM$186.30 (-$1.04) Crypto1 BTC = US$78,061.86 (+2.24%) 1 ETH = US$2,347.46 (+0.87%) Gas prices87 - $181.13/litre (+$4.50) 90 - $188.56/litre (+$4.48) DSL - $188.75/litre (-$0.25) ULSD - $195.60/litre (-$0.25) Coming upTaking StockTuesday, April 28, 2026 - 8pm We'll discuss the latest business and finance news and tell you how it will affect you and your money.
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Money Media
Helping Caribbean people at home and abroad create wealth through investing and entrepreneurship
Your Grocery Bills Are Going Up! Your grocery bill just went up, and sugar is to blame. Jamaica has officially rolled out its new sugar tax, and shoppers are already seeing the impact at the supermarket. The government is now charging 22 cents per gram of added sugar in drinks. It’s expected to raise about 10 billion dollars in its first year, while also pushing people to cut back on sugar. But here’s what’s really happening: Companies are not absorbing that cost. They’re passing it straight...
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...
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...