Flour price remains

Commerce minister, Karl Samuda says Jamaica Flours Mills will no longer be increasing the price of bakery flour on Monday.

The announcement follows a meeting yesterday, which was convened by Prime Minister Bruce Golding to review the instability of grain prices and its impact on the Jamaican consumer over the next six months.

President of the Bakers' Association of Jamaica, Jerry Chambers, who was expecting a 15 per cent price hike on bakery flour, had indicated that bakers would not be able to cope with a further increase at this time.

Flour prices went up twice last month.

New tax regime proposed

Prime Minister Bruce Golding says Jamaica could have a new tax regime come next year March, following the taxation-reform review, which the Government expects to complete shortly.

The prime minister made the announcement on Thursday at the opening of the annual trade exposition staged jointly by the Jamaica Manufacturers' Association and the Jamaica Exporters' Association.

Golding said compliance would be a major factor under the new regime, given the low level of conformity by individuals and corporations.

KSAC to resume towing

The Kingston and St. Andrew Corporation (KSAC) will resume towing away illegally parked vehicles in the municipality on Monday.

Mayor of Kingston Desmond McKenzie made the announcement during a press briefing yesterday.

The towing of illegally parked vehicles was suspen-ded last month following allegations of corruption among some KSAC contractors.

Motorists who park illegally will incur a wrecking fee and penalty charges in order to get back their vehicles.

The KSAC says illegally parked motor cars will incur a wrecking fee of $2,100 plus a KSAC fee of $1,900, while the wrecking fee for illegally parked trucks will be $3,600 plus a $1,900 charge bythe KSAC.