Big Win for Jamaican AirBnB HostsGetting 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 transfers, PayPal, Payoneer, or Western Union. In some cases, by the time the money reached the host...
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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...