Property tax hike but what’s the plan to collect?

March 28th, 2013

Jamaican land owners are now faced with an increase in property tax. The Jamaica Gleaner in an article “Massive Land Taxes Coming” on February 19, 2013, pointed to dramatic increases coming effective April 1, 2013. The aim of this revenue measure, announced by the Government of Jamaica on February 12, 2013, is to raise $3.4 [...]

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What do you think of the Prime Minister’s most recent address to the nation?

January 11th, 2013

On Sunday January 6, Prime Minister Portia Simpson Miller gave an address to the nation. This address has been shot down by several individuals and organizations who believe that it lacked depth, and failed to give the country to a better understanding of the complications with the International Monetary Fund (IMF) deal, among other things. [...]

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Jamaica warned against becoming “The Greece of the Western Hemisphere”

January 9th, 2013

If the New Year did not begin badly enough for Jamaica with the lack of an International Monetary Fund (IMF) deal, then hearing that a leading United States newspaper has warned against the island becoming “The Greece of the Western Hemisphere”, would certainly do it. An article in the Chicago Tribune stated that Jamaica’s debt [...]

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What happens if Jamaica does not get IMF deal?

November 6th, 2012

An agreement with the International Monetary Fund (IMF) has been the only solution I have heard Jamaica’s previous and current Government come up with for dealing with the country’s economic problems. Although the public has been constantly told that there is nothing to worry about and that the deal will be finalised soon, many issues [...]

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Is the minimum wage increase sufficient?

August 13th, 2012

A minimum wage increase will take effect on September 3, 2012. The minimum wage will be increased from $6,655 per 40-hour work week to $7,239.40 for industrial security guards and $4,500 to $5,000 for everyone else. Labour Minister Derrick Kellier made this announcement recently in Parliament, and stated that the Government considered certain factors including [...]

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