Wisynco Group Limited has entered into a major strategic partnership with Select Brands Limited through the acquisition of Ringtail Bottlers Limited, the manufacturing arm behind the popular Stone’s Ginger Wine. As part of the agreement, Wisynco will also take a 30 percent stake in Ringtail Holdings, the parent company of Select Brands, while assuming responsibility for the production of Stone’s Ginger Wine and other beverage brands locally and internationally. Key Details The partnership was officially announced on Monday, August 25, at the AC Marriott Hotel in New Kingston. Wisynco’s role: The company will now handle the production of Stone’s Ginger Wine for Jamaica, the wider Caribbean, and the United States. It will also oversee production of Ringtail Bottlers’ additional portfolio, which includes Irie Moss, Prestige Liqueurs, Bandolero, and Privateer. Select Brands’ role: The distributor will retain ownership of the brands and continue marketing and distribution, f...

  As Jamaica experiences record employment levels and rising optimism among businesses and consumers, concerns are mounting over a growing skills shortage that could undermine the country’s progress. This “confidence dilemma” will be the central theme at the third-quarter release of the GK Capital Management (GK Capital)/Jamaica Chamber of Commerce (JCC) Business and Consumer Confidence Indices on October 28. Key Details The event will convene prominent leaders from business, academia, and workforce development to discuss strategies for aligning Jamaica’s talent pool with the evolving needs of its economy. Scheduled speakers include: Dr Kevin Brown , President of the University of Technology (UTech) Dr Taneisha Ingleton , Managing Director of HEART/NSTA Trust Steven Whittingham , CEO of GraceKennedy Financial Group and Chairman of the Jamaica Stock Exchange They will join Emile Leiba , President of the Jamaica Chamber of Commerce and Managing Director of DunnCox, and ...

  KINGSTON, Jamaica Scotiabank has officially appointed Yanique Forbes-Patrick as its new Head of Caribbean Corporate Affairs , effective July 1, 2025 . In her new role, Forbes-Patrick will oversee the bank’s corporate affairs in several key Caribbean territories, including The Bahamas, Barbados, Cayman Islands, Dominican Republic, Guyana, Jamaica, Trinidad and Tobago , and Turks & Caicos . According to Scotiabank, her mandate is to reinforce the bank’s values and culture , while driving brand promotion across all lines of business in the region. Leading Regional Communications Strategy Forbes-Patrick will spearhead both internal and external communications initiatives, as well as public affairs strategies , designed to align with Scotiabank’s long-term growth goals in the Caribbean. Her appointment comes at a critical time as the financial institution deepens its presence and customer engagement across regional markets. Experience and Education Forbes-Patrick brings...

Global financial services provider Mastercard has announced a plan to integrate 50,000 Jamaican micro, small, and medium-sized enterprises (MSMEs) into the formal economy by 2030. The initiative aims to expand access to digital payment systems and strengthen financial inclusion across the island. Key Details During a media roundtable held in St Andrew on October 15, Mastercard’s Country Manager for Jamaica, Dalton Fowles , revealed that the company will focus on empowering small businesses through digital payment solutions, capacity building, and partnerships between the public and private sectors. “In fact, while I can’t get into a lot of those details, I can tell you that between now and 2030, it is our intention to bring at least 50,000 micro-businesses in the formal economy. A lot of those discussions are well underway, well advanced, and it will be [a] partnership between public and the private sector,” Fowles said. According to the Ministry of Industry, Investment and Commerc...

Kintyre Holdings Limited has expanded its real estate portfolio with the acquisition of a prime property in Stony Hill, St Andrew, valued at J$110 million . The investment, made through its subsidiary Parallel Real Estate Ventures Limited , supports the company’s broader diversification strategy in the Jamaican property market. Key Details The newly acquired Stony Hill property will be subdivided to create two luxury villa lots and three modern townhome lots , each to be sold with pre-approved architectural plans and restrictive covenants . The development concept is designed to attract high-end buyers seeking build-ready or turnkey investment opportunities within one of Kingston’s most desirable residential areas. In its disclosure to the Jamaica Stock Exchange (JSE) , Kintyre Holdings noted that this move aligns with its real estate subsidiary’s strategy to balance long-term development projects with shorter monetisation cycles. “While Parallel remains focused on full-scale ...