Business

Fishermen working in front of oil tankers south of the Strait of Hormuz on January 19, 2012, offshore the town of Ras Al Khaimah in United Arab Emirates.
March 4, 2026

Tanker turmoil in Hormuz sends oil prices soaring

Oil prices jumped on Monday as the widening war in Iran disrupted tanker traffic through the Strait of Hormuz, highlighting how important the passageway is to the world’s oil supply. The Strait of…
Berkshire Hathaway Chairman and former CEO Warren Buffett.
March 4, 2026

Greg Abel praises Buffett, promises Berkshire Hathaway won’t retreat from investing

Greg Abel paid tribute to his predecessor Warren Buffett, while promising in his first shareholder letter that Berkshire Hathaway will not retreat from investing or make significant changes in the way…
Keith Levy and Leesa Kow.
March 2, 2026

Leesa Kow exiting JN Bank, Keith Levy to act as interim MD

JN Bank Managing Director Leesa Kow will demit office effective March 31. Keith Levy, who has served as a director of JN Financial Group Limited since 2022 and as chairman of JN Bank since December…
Matthew Samuda, minister of water, environment, and climate change, speaks while Gabrielle Gilpin-Hudson, (right) president of Realtors Association of Jamaica, looks on at the Realtors Association of Jamaica Leaders in Real Estate Breakfast under the them
March 1, 2026 by Luke Douglas

Soapberry US$100m upgrade to double capacity, unlock real estate growth

The Government expects to divest the Soapberry Wastewater Treatment Plant this year as part of plans to double its capacity to meet infrastructure needs for increased housing developments. “We will go…
Rudolph Brown/Photographer Newly elected president of the Insurance Association of Jamaica (IAJ), Sharon Donaldson, speaks during IAJ annual general meeting at the Courtleigh Hotel in New Kingston on Wednesday, May 11, 2022.
March 1, 2026

General Accident posts record profit even as Hurricane Melissa drives rare quarterly underwriting loss

General Accident Insurance Company Jamaica Ltd (GenAc) closed 2025 with its strongest annual profit on record, even as Hurricane Melissa pushed the December quarter into an underwriting loss. It was…
From left: Simon Browne, director, YS Falls; Martine Fontaine, senior executive director, Fraser, Fontaine & Kong (FFK); and Gerard Fontaine, president, FFK, during the FFK Parametric Insurance Seminar in Kingston.
March 1, 2026 by Neville Graham

Trigger-based insurance that can pay out before adjusters arrives

Local insurance brokerages are pushing parametric coverage as a complement to traditional policies for companies still stinging from shortfalls exposed by two recent hurricanes — and one Kingston firm…
Business
March 1, 2026

Oran A. Hall | Taking lenten discipline to personal finance

Ash Wednesday, February 18, marked the beginning of Lent, forty days of preparation for Easter, for many Jamaicans. Beyond its religious significance, this time of renewal can also be a period of…
Business
March 1, 2026

Trump orders US agencies to stop using Anthropic technology in clash over AI safety

The Trump administration on Friday ordered all US agencies to stop using Anthropic’s artificial intelligence (AI) technology and imposed other major penalties, culminating in an unusually public clash…
February 27, 2026

Regulator orders drug divestment for $30-billion-plus insulin market

Acado Limited, a Caribbean joint venture, must sell the local distribution rights to one of its insulin brands by September 2026 — or lose the right to complete a landmark acquisition, according to a…