Barita Expands into Digital Banking
Barita Financial Group is expanding beyond investment services as it prepares to pilot Bric by Barita, a digital-first banking platform designed to make payments and financial services easier to access. The company is transforming from a securities dealer into a broader financial group. It now operates Barita Merchant Bank and Barita Fund Manager, following its […]
Jamaica Is Ending Paper Cheques by 2028
Paper cheques are being phased out in Jamaica, with banks expected to stop issuing and accepting them by March 1, 2028. The transition begins in September 2026, when Scotiabank and First Global Bank will stop processing cheques valued at $1 million or more. The limit will fall to $500,000 in March 2027 and $100,000 in […]
Iran-US Fighting Threatens Oil Prices and Higher Costs for Consumers
Tensions between the United States and Iran are rising again as both sides fight for control of the Strait of Hormuz, a major shipping route for oil and other goods. Iran claims it has closed the strait, while US President Donald Trump says American forces are keeping it open. Shipping traffic is reportedly continuing, but […]
Jamaicans Question Whether Highway Tolls Should Continue After CHEC Land Deal
The Government has finalised the transfer of approximately 1,200 acres of land in Mammee Bay, St Ann, to China Harbour Engineering Company, better known as CHEC. The land forms part of the compensation CHEC received under the 50-year, US$700-million agreement to build and operate Jamaica’s north-south highway. CHEC reportedly plans to use the land to […]