分类： business

At just 24 years old, Seth Nurse, an entrepreneur from Arouca, Trinidad and Tobago, is spearheading the development of a ‘creative economy’ in his homeland, with aspirations to expand across the Caribbean. As the CEO and founder of Bustr Media Enterprise Ltd, Nurse has channeled his frustration with the local creative industry’s lack of structure into a thriving business that supports creators, entrepreneurs, and intellectual property (IP) owners. Bustr Media focuses on content development, creative management, media infrastructure, and cultural engagement, aiming to streamline the creative pipeline for films, games, and books. Nurse’s vision is to provide the resources and structure needed to elevate local talent to global prominence. Bustr offers two primary services: extended services, which include development, marketing, legal guidance, and distribution, and commission-based services, where the company acts as a producer for IP projects. One of Bustr’s early successes was collaborating with author Ciara Attong to adapt her novel *Dark and Cold* into a short film titled *One of Iron*. The company also partnered with Accent Game Studios to develop *Riddim Rabbit*, a steelpan-based video game set for release in 2026. Beyond these projects, Bustr is building a robust creative network through initiatives like *WI of the Future*, an online magazine showcasing Caribbean creatives, and *Bustrmrkt*, a touring platform that highlights creators’ work at various venues. Nurse’s journey into the creative industry began at age 14, with stints in drawing, acting, and music. His passion for storytelling led him to film, and he later earned an associate degree in film and video production. The challenges he observed during his studies, coupled with the disruptions of the COVID-19 pandemic, inspired him to create Bustr as a collaborative and supportive business model. Today, Bustr is not only fostering local talent but also laying the groundwork for a sustainable creative economy that could serve as a model for the Caribbean and beyond.

Republic Bank, in partnership with the Caribbean Association of Banks (CAB), successfully hosted its third annual SME Workshop and Marketplace on October 28 at the Hyatt Regency in Port of Spain, Trinidad. The event, themed ‘Expanding from Local to Global: Turning Sustainability into an Export Differentiator,’ aimed to equip small and medium-sized enterprises (SMEs) from the manufacturing and agricultural sectors with actionable strategies to enhance their operations, embrace sustainability, and prepare for global export opportunities.

Richard Sammy, Vice President of Republic Bank, emphasized the bank’s commitment to supporting entrepreneurs beyond financial services. ‘Our entrepreneurs challenge us to listen, understand their realities, and provide more than just credit facilities. We are dedicated to offering resources, training, and tools that empower SMEs to thrive. At Republic Bank, we see it as our responsibility to be true partners in their growth,’ he stated.

The workshop featured interactive presentations and success stories from industry leaders, including Rachel Renie-Gonzales, founder and CEO of d’Market Movers; Tisha Marajh, Group Sustainability Officer at Republic Bank; Fedell Solomon, co-founder of Nabdell Enterprise Ltd; and export specialists from Global TT and the Caribbean Export Development Agency (CEDA). Attendees were encouraged to integrate sustainability practices into their business models to gain a competitive edge in global markets.

Republic Bank’s initiative underscores its dedication to fostering innovation, sustainability, and economic resilience within the region’s MSME sector. Through tailored financing, capacity-building programs, and strategic collaborations, the bank continues to champion entrepreneurship and sustainable development across the Caribbean.

Guardian Holdings Ltd has demonstrated sustained growth in its third quarter, posting a profit of $237 million attributable to equity shareholders for the period ending September 30. This marks a significant 20% increase, or $40 million, compared to the $197 million reported in the same period last year. The company’s consolidated financial statements attribute this growth to the expansion of its core insurance operations across English-speaking Caribbean nations, the Dutch Caribbean, and the Netherlands. Chairman Robert Almeida emphasized the group’s commitment to sustainable, long-term value creation, supported by operational efficiencies, disciplined cost management, and favorable market conditions. Key achievements during the quarter included a robust performance ratio, a substantial rise in earnings per share from $2.58 to $5.52, and a 28% increase in return on equity. Additionally, Guardian Holdings successfully refinanced its $1.02 billion bond by issuing a $1.05 billion secured multi-tranche bond. On October 3, credit rating agency CariCRIS reaffirmed the group’s ratings of CariAA- on the regional scale and jmAAA on the Jamaican national scale, maintaining a stable outlook. Almeida also highlighted the group’s strong capitalization and regulatory compliance. Insurance revenue for the quarter grew by $109 million, reaching $1,588 million, while other operating expenses increased by $37 million to $244 million. The board proposed a third quarterly dividend of 23 cents per share, bringing the year-to-date total to 66 cents per share, a 43-cent increase over the previous year. For the nine months ending September 30, the group reported a profit of $1,281 million, a 114% increase from the prior year, driven largely by the sale of Thoma Exploitatie BV in January. Excluding discontinued operations, the group’s profit from continuing operations stood at $630 million, a 7% increase over the previous year. Almeida noted that the core insurance operations remain robust, with insurance service results outperforming the prior year by $207 million or 34%.

WamNow Technologies Ltd., a pioneering force in Trinidad and Tobago’s digital finance landscape, has unveiled groundbreaking partnerships with global payment giant Visa and the National Payment and Innovation Company of TT (NPICTT). These collaborations, announced at Wam’s official launch on October 16 at Worx Coworking Space in Port of Spain, are set to redefine the digital payment experience for citizens and businesses across the Caribbean nation.