Content Preview: rss
Making good on a promise in January, Salada Foods Jamaica Limited has declared dividend of 30 cents per share, and will pay out $31.17 million to shareholders on December 14.
Fitch Ratings has down-graded state-owned Clarendon Alumina Production Limited (CAP), a day after it cut Jamaica's sovereign rating. CAP's foreign and local currency rating was dropped to 'CCC' from 'B-', with a negative outlook.
Small and medium companies starved of bank credit should give serious consideration to the junior stock market to raise capital, says GraceKennedy executive Don Wehby, who argues that a strong SME sector could fuel Jamaica's economic growth.
