How Did US$2.5 Million Move Without Approval? BVI Probes Delta Capital Investment
A government should have stronger controls over public money than a household has over a debit card. Yet the British Virgin Islands is investigating how US$2.5 million in public funds was invested in 2025 with Jamaica-linked Delta Capital Partners without the approvals required from the Minister of Finance or the Financial Secretary. The investigation is […]
Jamaica Says Invest Now. Trust, but Verify.
Jamaica is telling local and diaspora investors that now is the time to invest, pointing to lower public debt, stronger foreign exchange reserves, improved infrastructure and a growing pipeline of opportunities in tourism, logistics, manufacturing and business services. These are encouraging signs, but a stronger economy does not guarantee a successful investment. While Jamaica’s improving […]
Jamaica’s Tourism Tax Hike Could Backfire
Jamaica wants more revenue from tourism at the exact moment the industry says it has less room to give. That is the debate surrounding the Government’s plan to increase the General Consumption Tax (GCT) on specified tourism services from 10% to 15% beginning April 1, 2027. The Government expects the increase to generate J$11.4 billion […]