Theology school to train pastors in forex trading - As church involvement in investment schemes deepens
The investment scheme, LewFam, which joined with Olint Corporation in fighting the Financial Services Commission, has ties to a church group.And another church-related investment club, whose prospectus to potential investors the Financial Gleaner obtained...
Azan leads 15-member Jampro board
Businessman Gassan Azan has been named chairman of the investment agency Jamaica Trade and Invest (JTI), formerly Jampro, among a new board of directors named by Industry and Commerce Minister Karl Samuda. Azan, the owner of popular retail chains MegaMart and Bashco...
Lascelles drives market higher- Stock trades at newrecord high
Conglomerate stock Lascelles deMercado climbed to a new record high of $448.50 yesterday and led the market into positive territory, on continued speculation about a pending deal.William McConnell, Lascelles' group managing director, two weeks ago denied that the conglomerate...
Lopez joining First Caribbean- To lead capital markets team
Debra Lopez, formerly of NCB Capital Markets will be joining First Caribbean International Bank Jamaica as director of wealth management, informed sources tell the Financial Gleaner.The bank's Managing Director Milton Brady has not responded to requests for comment, but Lopez...
JUTC hunting top executives
Jamaica Urban Transit Company (JUTC), the loss-making government provider of bus service in the capital, is on the hunt for seven top executives as part of its latest overhaul and its up-to-now elusive search for viability.Launched in 1998 in an attempt to bring order...
Employers owe tax authorities $4b - Thousands fail to pay over PAYE deductions
Some 8,000 businesses have failed to pay over to the Inland Revenue Department income tax already collected from employees.On Thursday, the Tax Administra-tion Services Department warned that penalties would fall on their heads if they fail to remit the funds owed....
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