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BUSINESSTHE Industrial Disputes Tribunal (IDT) has ordered Spectrum Insurance Brokers to pay a former employee $6.8 million after it found that his dismissal by way of redundancy in 2019 was “unjustifiable”. In a ruling handed down on Tuesday the IDT rejected the company’s arguments that it was facing…
BUSINESSNEARLY 10 months after Hurricane Melissa inflicted an estimated US$8.8 billion in damage across Jamaica, international investors have turned out strongly for the Government’s latest US$1-billion bond, allowing the country to borrow at a lower rate than initially indicated. The bond was heavily…
BUSINESSJAMAICA has welcomed a new United Kingdom (UK) arrangement waiving visa application fees for Jamaican appellants and their lawyers travelling to London for Privy Council proceedings, but the Government says it is still pushing for the visa requirement itself to be removed. Minister of Foreign…
BUSINESSLawyers representing the widow of late broadcaster Dervan Malcolm have threatened legal action against blogger Milton Wray, otherwise known as “119”, over alleged false and defamatory remarks he made about her on social media in connection with the death of her husband. The legal team of Patrice…
BUSINESSREAD: Engineer dies after being crushed by truck while working on MoBay bypass "They are supposed to report back to NROCC [National Road Operating and Construction Company, the executing agency for the project] as to what those safety procedures are and how they are going to improve safety,"…