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Image plus targets growth after flat year
OBSERVER

Image plus targets growth after flat year

Image Plus Consultants Limited (IPCL) has agreed to acquire the only private MRI and bone densitometry provider in central Jamaica, while simultaneously removing its largest north coast competitor — a double move the Junior Market-listed imaging company is betting will finally translate years of heavy investment into stronger earnings. The company has reached an agreement to acquire the assets and brand of Island Radiology, which has branches in Mandeville and Ocho Rios and an agency in Santa Cruz

St. Annbusiness
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JSE summary

In Thursday’s trading session, the following reflects the movement of the JSE Indices: • The JSE Combined Index advanced by 1,359.15 points (0.38%) to close at 355,190.71 points and the volume traded amounted to 95,088,397 valued at $382,745,276.44. • The JSE Index advanced by 1,323.57 points (0.38%) to close at 346,834.58 points and the volume traded amounted to 79,019,440 valued at $358,863,154.90

business
Cricket West Indies projects US$26m loss in 2026 before returning to profit
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Cricket West Indies projects US$26m loss in 2026 before returning to profit

Cricket West Indies expects a US$26 million loss this year before swinging to an US$8 million profit in 2027, citing a quiet tournament calendar and the men's team's poor 2025 Test record.

business
Caribbean Cement first-quarter profit jumps 53% on Melissa rebuilding boom
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Caribbean Cement first-quarter profit jumps 53% on Melissa rebuilding boom

Caribbean Cement Company Limited recorded a 52.8 per cent rise in first-quarter net income to $3.0 billion as reconstruction following Hurricane Melissa drove demand and a completed kiln upgrade lifted output to record levels.

St. Catherinebusiness
Fair Trading Commission Probes Petrol Pricing as Fuel Costs Climb
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Fair Trading Commission Probes Petrol Pricing as Fuel Costs Climb

Jamaica's Fair Trading Commission is investigating possible anti-competitive behaviour by major petroleum marketers after retailers flagged unequal pricing and contract terms, even as pump prices climb on the back of the US-Iran conflict.

business
Apex Radiology to acquire Island Radiology
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Apex Radiology to acquire Island Radiology

Image Plus Consultants Limited which operates under the Apex Radiology brand, plans to acquire the assets and brand of Island Radiology, a move that would extend its footprint into central Jamaica and tighten its grip on the country’s private diagnostic imaging market. The purchase price was not revealed in the company disclosure to the Jamaica Stock Exchange on Wednesday

St. Annbusiness
Eppley Taps Aisha Campbell to Head Caribbean Real Estate and Infrastructure Arm
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Eppley Taps Aisha Campbell to Head Caribbean Real Estate and Infrastructure Arm

JSE-listed financial services firm Eppley has named engineer and former PROVEN Properties CEO Aisha Campbell as president of its real estate and infrastructure division, putting her in charge of regional growth across the Caribbean.

Kingstonbusiness
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Musk clashes with OpenAI lawyer on third day of for-profit conversion trial

Tesla chief Elon Musk traded sharp exchanges with OpenAI's counsel during cross-examination in an Oakland federal court, as the case probing the artificial-intelligence firm's shift from a non-profit to a for-profit structure entered its third day of his testimony.

business
$100-Million Yam Recovery Programme
JIS

$100-Million Yam Recovery Programme

$100-Million Yam Recovery Programme By: Vanessa James, April 30, 2026 Listen Agriculture Share Photo: Danielle MyersMinister of Agriculture, Fisheries and Mining, Hon. Floyd Green, delivers the main address during the Rural Agricultural Development Authority (RADA) Recovery and Investment Forum held at the Ministry's Playing Field in Hope Gardens, St Andrew, on Tuesday (April 28)

St. Andrewbusiness
Jamaicans Encouraged to Support Local Chocolatiers
JIS

Jamaicans Encouraged to Support Local Chocolatiers

Jamaicans Encouraged to Support Local Chocolatiers By: Twila Wheelan, April 30, 2026 Listen Agriculture Share EmailWhatsAppXFacebook Photo: Shanna SalmonActing Senior Director for Cocoa and Coconut at the Jamaica Agricultural Commodities Regulatory Authority (JACRA), Chevonne Aschute, addresses a recent JIS Think Tank held at the agency’s Television Department in Kingston. The Full Story The Jamaica Agricultural Commodities Regulatory Authority (JACRA) is encouraging Jamaicans to support local chocolatiers to bolster the industry and the economy

Kingstonbusiness
Establishment of RRR&R Centres to Generate Economic Value and Reduce Harmful Emissions
JIS

Establishment of RRR&R Centres to Generate Economic Value and Reduce Harmful Emissions

Establishment of RRR&R Centres to Generate Economic Value and Reduce Harmful Emissions By: Sherika Williams, April 30, 2026 Listen Environment Share Photo: ContributedInternational Montreal Protocol Specialist at the United Nations Development Programme (UNDP), Agustin Sanchez Guevara The Full Story Establishment of Jamaica’s seven Refrigerant Recovery, Recycling and Reclamation (RRR&R) Centres is being positioned as a major opportunity to generate economic value, reduce harmful emissions and strengthen the country’s transition to sustainable cooling solutions. This was highlighted by International Montreal Protocol Specialist, United Nations Development Programme (UNDP), Agustin Sanchez Guevara, during a recent JIS ‘Think Tank’

business
Agriculture Being Positioned for Faster Recovery
JIS

Agriculture Being Positioned for Faster Recovery

Agriculture Being Positioned for Faster Recovery By: Vanessa James, April 30, 2026 Listen Agriculture Share Photo: Danielle MyersMinister of Agriculture, Fisheries and Mining, Hon. Floyd Green, delivers the main address during the Rural Agricultural Development Authority (RADA) Recovery and Investment Forum held at the Ministry's Playing Field in Hope Gardens, St Andrew, on Tuesday (April 28)

St. Andrewbusiness
Gas prices to go up $4.50
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Gas prices to go up $4.50

Motorists will pay even more for gas on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 is to move up by $4.50 to sell for $185.63 per litre and a litre of E-10 90 will go up by $4.50 to sell for $193.07

business
COJ Urges Persons to Verify Registration Status of Companies Before Conducting Transactions
JIS

COJ Urges Persons to Verify Registration Status of Companies Before Conducting Transactions

Coj Urges Persons to Verify Registration Status of Companies Before Conducting Transactions By: Sherika Williams, April 29, 2026 Listen Commerce Share Photo: Adrian WalkerChief Executive Officer and Registrar of the Companies Office of Jamaica, Shellie Leon, speaks at a recent JIS 'Think Tank'. The Full Story The Companies Office of Jamaica (COJ) is encouraging members of the public to verify the registration status of companies and businesses before conducting transactions, as part of efforts to protect consumers and promote greater due diligence

business
Local Suppliers Invited to Register for Speed Networking Event by May 1
JIS

Local Suppliers Invited to Register for Speed Networking Event by May 1

Local Suppliers Invited to Register for Speed Networking Event by May 1 By: Shanna K. Salmon, April 29, 2026 Listen Tourism Share EmailWhatsAppXFacebook Photo: ContributedRepresentative of Guinea Hen Wata, Kami-Dale Cross (right), in discussion with representatives from the Boardwalk Village during a previous staging of the annual Speed Networking event, hosted by the Tourism Linkages Network at the Montego Bay Convention Centre, in St

St. Jamesbusiness
GraceKennedy announces price increases on non-alcoholic sweetened beverages
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GraceKennedy announces price increases on non-alcoholic sweetened beverages

GraceKennedy Limited says it will increase its prices on non-alcoholic sweetened beverages by an average of nine per cent, effective Friday, May 1. In an April 24 notice to its Jamaican retail partners, the company said the upcoming price adjustments were in response to the Government’s Special Consumption Tax on sugary drinks, set at 22 cents per gram of added sugar, and which will take effect on the same day

business
Caribbean Cement annual output fell to five-year low
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Caribbean Cement annual output fell to five-year low

The kiln expansion at Caribbean Cement Company Limited (CCCL) failed to lift output past one million tonnes in 2025 as production dipped below 2020 pandemic levels, according to data in its annual report. Going forward, operations could see “uncertainty” with higher input costs due to oil shocks caused by the US-Iran war, the annual report warns

business
No sugar-coating it
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No sugar-coating it

Consumers are bracing for a new round of price increases as three food manufacturing giants begin passing on the cost of the new sugar tax – with GraceKennedy the first to move, effective May 1. In a customer advisory dated April 24, GraceKennedy told trade partners that the increase would apply to non-alcoholic, sweetened beverages and other products affected by higher input costs

business
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Jamaica's February remittance inflows climb 3.8% to US$247.6 million, strongest gain since 2022

Net remittance inflows to Jamaica reached US$247.6 million in February, a 3.8 per cent year-on-year jump that represents the country's sharpest February increase in four years, according to the Bank of Jamaica.

business
Jamaica moves closer to 93-octane fuel rollout as BSJ opens public comment window
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Jamaica moves closer to 93-octane fuel rollout as BSJ opens public comment window

The Bureau of Standards Jamaica is inviting feedback until May 20 on a draft specification for 93-octane gasolene, a high-performance fuel that would expand the country's retail offerings beyond the current 87- and 90-octane grades.

business
Caribbean Cement annual output fell to five-year low
GLEANER

Caribbean Cement annual output fell to five-year low

The kiln expansion at Caribbean Cement Company Limited (CCCL) failed to lift output past one million tonnes in 2025 as production dipped below 2020 pandemic levels, according to data in its annual report. Going forward, operations could see “uncertainty” with higher input costs due to oil shocks caused by the US-Iran war, the annual report warns

business
No sugar-coating it
GLEANER

No sugar-coating it

Consumers are bracing for a new round of price increases as three food manufacturing giants begin passing on the cost of the new sugar tax – with GraceKennedy the first to move, effective May 1. In a customer advisory dated April 24, GraceKennedy told trade partners that the increase would apply to non-alcoholic, sweetened beverages and other products affected by higher input costs

business
Jamaica moves closer to 93-octane fuel rollout as BSJ opens public comment window
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Jamaica moves closer to 93-octane fuel rollout as BSJ opens public comment window

The Bureau of Standards Jamaica is inviting feedback until May 20 on a draft specification for 93-octane gasolene, a high-performance fuel that would expand the country's retail offerings beyond the current 87- and 90-octane grades.

business
Cocoa Production to Rebound for 2026/2027 Crop Year
JIS

Cocoa Production to Rebound for 2026/2027 Crop Year

Cocoa Production to Rebound for 2026/2027 Crop Year By: Twila Wheelan, April 28, 2026 Listen Agriculture Share Photo: Shanna SalmonActing Senior Director for Cocoa and Coconut at the Jamaica Agricultural Commodities Regulatory Authority (JACRA) Chevonne Aschute, addresses a recent JIS Think Tank held at the agency’s Television Department, 5-9 South Odeon Avenue in Kingston. The Full Story The Jamaica Agricultural Commodities Regulatory Authority (JACRA) says cocoa production is expected to bounce back for the 2026/2027 crop period, which begins this October and runs through to September of next year

Kingstonbusiness
Prime Minister Highlights Risks of Informal Settlements
JIS

Prime Minister Highlights Risks of Informal Settlements

Prime Minister Highlights Risks of Informal Settlements By: Mickella Anderson-Gordon, April 28, 2026 Listen Office of the Prime Minister Share Photo: Janell Henderson Prime Minister, Dr. the Most Hon

St. Marybusiness
COJ Establishes Digital Services Support Team
JIS

COJ Establishes Digital Services Support Team

Coj Establishes Digital Services Support Team By: Sherika Williams, April 28, 2026 Listen Industry Share Photo: Adrian WalkerDeputy Chief Executive Officer and Director of Operations at the Companies Office of Jamaica (COJ), Laurie-Ann Jackson, speaks during a Jamaica Information Service (JIS) 'Think Tank' on April 23. The Full Story The Companies Office of Jamaica (COJ) has established a dedicated Digital Services Support Team to help customers navigate its growing range of online services

business
Prime Minister Calls on Local Contractors to Prepare for Large-Scale Projects
JIS

Prime Minister Calls on Local Contractors to Prepare for Large-Scale Projects

Prime Minister Calls on Local Contractors to Prepare for Large-Scale Projects By: Mickella Anderson-Gordon, April 28, 2026 Listen Housing Share Photo: Janell HendersonPrime Minister, Dr. the Most Hon

St. Marybusiness
Search for new BOJ governor begins
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Search for new BOJ governor begins

The search has started for a successor to Governor of the Bank of Jamaica (BOJ) Richard Byles whose appointment is set to end on August 18. In making the announcement in a media release on Monday, Finance Minister Fayval Williams said the search will take place in keeping with the principles of transparency and good governance

business
Farmers Advised to Guard Poultry Against Heat Stress
JIS

Farmers Advised to Guard Poultry Against Heat Stress

Farmers Advised to Guard Poultry Against Heat Stress By: Twila Wheelan, April 27, 2026 Listen Agriculture Share Photo: ContributedSenior Plant Health and Food Safety Officer, Rural Agricultural Development Authority (RADA), Francine Webb. The Full Story Poultry farmers across the island are being encouraged to take proactive measures to manage heat stress in their flocks, as rising temperatures are expected in the coming months

St. Thomasbusiness
JIPO Encourages Jamaicans to Take Full Advantage of International IP Treaties
JIS

JIPO Encourages Jamaicans to Take Full Advantage of International IP Treaties

Jipo Encourages Jamaicans to Take Full Advantage of International IP Treaties By: Sherika Williams, April 27, 2026 Listen Industry Share Photo: Michael SlolelyDeputy Director/Legal Counsel at the Jamaica Intellectual Property Office, Shantal English-Richards, highlights the importance of international treaties in protecting Jamaican brands, designs, and innovations on the global stage, during a JIS 'Think Tank', on April 20. The Full Story The Jamaica Intellectual Property Office (JIPO) is encouraging Jamaicans to take full advantage of international intellectual property (IP) treaties to secure and expand protection for their creations beyond national borders

business