||Last Updated: Apr 20th, 2020 - 17:13:25
Back to the hedge
Jamaican taxpayers were swindled over $30 billion in the five year period March 2015 to 2020 as special consumption tax (SCT) on fuel, purportedly to hedge against crude oil prices. It should be reallocated to build back public transit in Jamaica.
Apr 13, 2020, 03:34
Give us this day
all persons in society contribute to the tax pot and in the case of a health crisis the pandemic does not discriminate. It is demeaning to conduct means test and doubly so to subject people to the bureaucracy of revenue agencies in applying for benefits (except USA)
Mar 24, 2020, 06:36
Top 5 in 5, a world beater in 2015 and 2018
The cumulative returns on the main market for the years 2015 to 2019 was 686.24% and junior market up 476.2%. The Jamaican dollar lost 15.62% vis-a-vis the United States dollar and cumulative inflation was 19.2%.
Feb 2, 2020, 18:36
JSE stocks pick 2020
The worst performing stocks in 2018 did not do well in 2019, in fact some continued among the worse in 2019 e.g. Ciboney Group and GWEST Corp. The message is investors need to be more discerning in 2020
Jan 8, 2020, 07:54
Antidemocratic principles of Andrew Holness
The Supreme Court of Jamaica has subsequently declared the entire law (NIDS) null and void and in violation of the constitution,it is now back to the drawing board but don’t be surprised if Holness springs another blotter, as he is wont to do.
Oct 23, 2019, 07:05
30 years on, it’s the same Rollins deal
It feels like 1989,the internet makes it as plain as day.
May 23, 2019, 17:45
Andrew the Terrible
It is inconceivable that the leader of a major political party in any country organize their own financial affair in an offshore jurisdiction to minimize taxes while he is prepared to exert taxes to his heart content on citizens of the country over which he presides. ADMAT the St. Lucian registered company
Feb 18, 2019, 03:33
JSE stocks pick 2019
An unusual pattern has developed in the market since 2016 wherein stocks that yielded the best returns were among the best in the subsequent year, that pattern carried over into 2018 and from all indications will do the same for at least one in 2019; Pulse is still not fully priced and will remain on the list for the fifth consecutive year.
Jan 2, 2019, 12:18
Palace shareholders not amused
Palace Amusement listed on the JSE (Jamaica Stock Exchange) in 1973 with 1,342,000 shares and has increased its issued shares by 95,000 units in 45 years to the paltry sum of 1,437,000
Nov 11, 2018, 02:04
Clarkes on the wrong foot
The Roman satirist Juvenal, commenting on the limited desire of the Roman populace said “two things only the people anxiously desire bread and circuses”.
Mar 31, 2018, 10:32
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