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  • Hamlyn Jailal named NFM chairman

    Hamlyn Jailal named NFM chairman

    National Flour Mills (NFM) has ushered in new leadership with the appointment of Hamlyn Jailal as chairman during the company’s 52nd annual general meeting held on December 30 at Hilton Trinidad. The announcement was formally confirmed through the company’s official social media channels on December 31.

    Jailal assumes the leadership position alongside ten other newly appointed directors: Alimuddin Mohammed, Sudesh Jai Ramkissoon, Dixie-Ann Williams-James, Luanna Natalie Taylor, George Smith, Ganesh Saroop, Stephen Young, Nicholas Rampersad, and Robert Badal. This reconstituted board brings diverse expertise to guide NFM’s strategic direction.

    The newly appointed chairman possesses an impressive academic background, holding a bachelor’s degree in history with social sciences from the University of the West Indies, an associate degree in communications, and a theology degree from Ambassador University in Los Angeles, California. Jailal previously demonstrated his leadership capabilities as chairman of the National Insurance Property Development Company Ltd from 2010 to 2015.

    NFM emphasized in its official statement that the newly formed board collectively possesses substantial knowledge and professional expertise to steer the company toward sustainable growth, innovation, and organizational learning. The company highlighted its critical role in strengthening national food security while maintaining operational efficiency as a key priority.

    The leadership transition occurs against the backdrop of robust financial performance. NFM’s latest financial report for the year ending September 30, 2025, reveals impressive results: $39.7 million in profit after tax for the third quarter. The company achieved revenue growth to $401 million, compared to $386 million during the corresponding period previous year. Operating profit surged by nine percent to reach $50 million.

    Former chairman Ashmeer Mohammed, commenting on these results prior to the leadership transition, attributed the company’s success to strategic initiatives including the revitalization of its Ibis brand and the introduction of innovative products designed to better satisfy consumer demands. Additionally, NFM has witnessed substantial growth in feed sales following formula modifications and the launch of specialized feed products targeting key market segments.

  • NGO fears Old Year’s fireworks explosion

    NGO fears Old Year’s fireworks explosion

    The holiday season in Trinidad and Tobago has been marred by escalating noise pollution incidents, according to Citizens Against Noise Pollution of TT (CANPTT). Vice President Lindy-Ann Bachoo expressed serious concerns about disruptive activities that have plagued neighborhoods during the Christmas period, particularly highlighting the proliferation of music trucks featuring amplified sound systems and frantic deejays operating under the guise of “spreading cheer.

    These mobile sound systems, often accompanied by Santa figures, have been stationing themselves within residential areas for extended periods without time restrictions, blasting music through industrial-grade speakers. Bachoo described experiencing physical vibrations from the noise despite being situated far from main roadways, indicating the intensity of the sound pollution.

    The organization has raised particular alarm about the upcoming Old Year’s Night celebrations, citing a recent incident in Four Roads, Diego Martin where rival youth groups engaged in a dangerous fireworks battle in busy streets, creating hazards for motorists without apparent law enforcement intervention.

    While acknowledging government efforts to address noise pollution through new legislation, CANPTT questions the effectiveness of current measures. The permitted one-hour window for fireworks discharge on public holidays carries a minimal fine of $450—an amount the group characterizes as “paltry” and potentially insufficient to deter violations. Bachoo suggested that event organizers might simply factor this penalty into their budgets as an acceptable cost for hosting large celebrations.

    Further concerns involve public awareness of safety regulations, including the half-mile restriction on fireworks near hospitals, care homes, and zoos. Many citizens may lack understanding of distance measurements, potentially placing them in violation of regulations unintentionally.

    The Environmental Management Authority’s role in noise management also faces scrutiny, as the agency currently addresses only industrial and commercial noise, excluding household disturbances from its jurisdiction. CANPTT advocates for an extensive public education campaign clarifying the respective responsibilities of police and environmental authorities in noise regulation.

    Despite these challenges, the organization maintains support for law enforcement efforts while recognizing the potential overwhelming nature of Old Year’s Night enforcement demands. The group ultimately implores public consideration and compliance with existing regulations to ensure community safety and peace.

  • Jamaicans invited to ring in new year at fireworks festivals across the island

    Jamaicans invited to ring in new year at fireworks festivals across the island

    KINGSTON, Jamaica — The Urban Development Corporation (UDC) has launched its annual national New Year’s celebration, transforming multiple public spaces across Jamaica into vibrant hubs of festivity and community spirit. This year’s expanded event incorporates two new locations specifically chosen to support regions recovering from recent hurricane damage.

    The nationwide festivities commenced at noon on New Year’s Eve and will build toward midnight fireworks displays. Celebrations are occurring simultaneously at five designated sites: the Kingston Waterfront, Ocho Rios Bay Beach, Harmony Beach Park in Montego Bay, with new additions at Long Bay Football Field in Negril and the Black River Courthouse in St. Elizabeth.

    UDC Marketing Manager Latoya Chambers explained that this strategic expansion directly addresses communities impacted by Hurricane Melissa. “Under our theme ‘Life, Love and Recovery,’ we recognize the devastation particularly affecting western parishes,” Chambers stated. “This celebration serves as our mechanism for delivering cheer, uplifting spirits, and bolstering recovery efforts in these vulnerable communities.”

    The initiative aligns with UDC’s broader mandate to revitalize public spaces while stimulating economic activity and promoting social inclusivity. Chambers emphasized how the event demonstrates practical approaches to activating public areas, highlighting urban vibrancy, and ensuring developmental benefits reach Jamaican citizens directly.

    Family-friendly programming includes dedicated kiddies’ villages operating from midday. Children in Black River, Negril, and Montego Bay will receive complimentary access to rides, toys, and treats including snow cones, cotton candy, popcorn, and hot dogs—courtesy of UDC and its collaborative partners. Kingston and Ocho Rios venues will maintain minimal fees for certain attractions.

    Entertainment curation emphasizes local talent, with community-based sound systems and DJs providing musical backing at each location. Kingston attendees will experience sets from DJ Wildlife, DJ Sparks, and Game Changers, while Ocho Rios features Hyperactive Sound and DJ Timeless. Black River hosts Big Bad Bass Odyssey and DJ Nova; Negril showcases DJ Bruce Lee, DJ Meds, and True Colours; and Montego Bay welcomes performances by DJ Diamond, Metal, and C-Note International.

    Comprehensive safety protocols involve coordinated efforts between the Jamaica Constabulary Force, Jamaica Fire Brigade, Office of Disaster Preparedness and Emergency Management, the Ministry of Health and Wellness, and municipal corporations. UDC-operated parking facilities in downtown Kingston will be available without charge, with staff and marshals assisting patrons. All venues provide clearly marked public parking, though shuttle services have been discontinued for this year’s event with alternative traffic management implementations.

    Chambers reiterated that all events remain entirely free regardless of location, describing the celebration as both a supportive mechanism for local vendors, creatives, and small businesses, and a safe communal space for Jamaicans to welcome the new year. The UDC encourages early public participation to maximize support for local economies and ensure a secure, festive transition into the new year across the island’s public spaces.

  • WATCH: No evictions planned at Petersfield High shelter, says Minister McKenzie

    WATCH: No evictions planned at Petersfield High shelter, says Minister McKenzie

    Jamaica’s Local Government Minister Desmond McKenzie has issued a firm rebuttal against circulating reports suggesting the government intends to forcibly evict families currently housed at Petersfield High School following Hurricane Melissa. The minister characterized these claims as entirely “false and mischievous,” emphasizing the administration’s commitment to securing proper housing solutions before any shelter closures occur.

    The controversy emerged after Westmoreland Central MP Dwayne Vaz expressed concerns regarding the potential displacement of more than 50 families comprising 86 individuals, including 46 children, from the educational facility. These apprehensions arose following earlier indications that the shelter might need to vacate the premises by December’s end to accommodate January school reopenings.

    Minister McKenzie clarified the government’s position through an official statement, explaining that while ideal timelines exist for shelter operations, no eviction would occur without ensuring reasonable alternative accommodations. The administration is actively pursuing both temporary and permanent housing solutions through collaborative efforts with organizations like Food For the Poor and via the New Social Housing Programme (NSHP).

    Notably, the minister revealed that residents might be relocated within the school compound itself to minimize educational disruptions while maintaining shelter operations. Prime Minister Andrew Holness has personally emphasized that the government’s response prioritizes the best interests of affected families and will be handled with appropriate sensitivity.

    McKenzie concluded with strong condemnation of what he described as deliberate misinformation campaigns, urging perpetrators to cease exploiting vulnerable populations for political agendas and labeling such behavior as “vulgar, despicable and quite frankly a very low act.”

  • Israel to ban 37 aid groups operating in Gaza

    Israel to ban 37 aid groups operating in Gaza

    JERUSALEM (AFP)—A significant humanitarian confrontation is escalating as Israel prepares to implement a ban on 37 international aid organizations operating in Gaza, effective Thursday. The controversial measure requires organizations to submit comprehensive details about their Palestinian staff members—a demand that has drawn sharp criticism from United Nations officials and European Union leadership.

    The policy, which sets a midnight Wednesday deadline for compliance, has been defended by Israeli authorities as necessary for security purposes. Gilad Zwick, spokesman for the Ministry of Diaspora Affairs and Combating Antisemitism, stated that the organizations had failed to meet new regulatory requirements over ten months. “They refuse to provide lists of their Palestinian employees because they know, just as we know, that some of them are involved in terrorism or linked to Hamas,” Zwick told AFP.

    Humanitarian groups including Doctors Without Borders (MSF), Norwegian Refugee Council, World Vision International, CARE, and Oxfam face operational suspension. These organizations warn that the ban will severely impact already insufficient food and medical shipments to Gaza’s 2.2 million residents, where 1.3 million people require urgent shelter support according to international assessments.

    The United Nations human rights chief Volker Turk condemned the move as “outrageous,” while EU humanitarian chief Hadja Lahbib declared the NGO registration law “cannot be implemented in its current form.” UNRWA commissioner Philippe Lazzarini warned the policy sets a “dangerous precedent” that undermines fundamental humanitarian principles.

    Israel’s ambassador to Belgium and Luxembourg, Idit Rosenzweig-Abu, reported that 104 organizations had filed under the new guidelines, with nine rejected and 37 failing to complete procedures. The Israeli government maintains the process is designed to prevent exploitation of aid by Hamas, which still controls parts of Gaza.

    The controversy unfolds against the backdrop of a fragile ceasefire following October’s deadly conflict, with aid groups reporting only 100-300 daily aid trucks reaching Gaza despite agreements stipulating 600 trucks per day.

  • FLA, JCF issue warnings against gun salutes ahead of New Year

    FLA, JCF issue warnings against gun salutes ahead of New Year

    Jamaican law enforcement agencies have launched a coordinated campaign to combat the dangerous tradition of celebratory gunfire during New Year’s Eve celebrations. The Firearm Licensing Authority (FLA) and Jamaica Constabulary Force (JCF) jointly announced stringent measures targeting individuals who engage in the illegal practice of firing weapons into the air.

    In official statements released Wednesday, both organizations emphasized that discharging firearms celebratory constitutes a severe violation of Jamaica’s Firearms Act. The FLA specified that licensed firearm holders participating in such activities will face immediate revocation of their licenses, permanent disqualification from future firearm ownership, and potential criminal prosecution.

    The legal consequences for offenders are substantial, with penalties reaching up to three years imprisonment or fines exceeding $3 million Jamaican dollars. Authorities highlighted the grave public safety risks associated with falling bullets, which have historically caused injuries, property damage, and fatalities during holiday celebrations.

    Police representatives reinforced their zero-tolerance stance, vowing to prosecute all individuals involved in or facilitating celebratory gun salutes to the fullest extent of the law. The JCF emphasized that ballistic evidence collected from crime scenes will be used to trace weapons back to their owners, regardless of whether injuries occurred.

    Both agencies have established multiple reporting channels, urging citizens to immediately contact the 119 emergency number or their nearest police station to report incidents of illegal gunfire. The FLA additionally reminded licensed firearm owners of their continuous legal responsibility for proper weapon storage and usage throughout the holiday period.

  • Traffic changes announced for Black River fireworks festival

    Traffic changes announced for Black River fireworks festival

    Authorities in St Elizabeth Parish, Jamaica, have announced comprehensive traffic management measures to ensure public safety during the annual Black River fireworks festival scheduled for December 31st. The Jamaica Constabulary Force has confirmed the implementation of strategic road closures and alternative routing systems effective from 8:00 AM on Wednesday.

    The intersection of High Street and Exchange Drive, along with the High Street and School Street junction, will be completely restricted to vehicular traffic. These critical access points will be exclusively reserved for pedestrian movement and authorized personnel throughout the event duration.

    Traffic diversion protocols have been meticulously planned to maintain smooth vehicular flow. Motorists traveling through Exchange Drive will be redirected northward onto Lovers Lane, subsequently connecting to Central Road. Similarly, vehicles approaching via School Street will be channeled northward along School Street Drive before merging onto Central Road and Lovers Lane.

    The St Elizabeth Police Division has emphasized the importance of public cooperation with traffic management personnel. These temporary measures aim to balance public safety requirements with minimal disruption to local transportation networks during the festive celebrations. Authorities encourage attendees to plan their routes accordingly and allow additional travel time to accommodate the implemented diversions.

  • Supreme Ventures announces intended strategic divestment of Evolve Loan Co

    Supreme Ventures announces intended strategic divestment of Evolve Loan Co

    KINGSTON, Jamaica — A significant strategic realignment is underway in Jamaica’s financial sector as Supreme Ventures Limited has entered preliminary negotiations with Dolla Financial Services Limited concerning the divestiture of Evolve Loan Co’s loan portfolio and select digital assets.

    The proposed transaction, announced Wednesday, forms part of a deliberate capital optimization strategy designed to enhance balance sheet efficiency for Supreme Ventures. The move aims to reduce credit risk concentration while improving risk-adjusted returns, all while maintaining strategic exposure to the portfolio’s future performance.

    This divestiture will catalyze a fundamental operational transformation for Evolve Loan Co, shifting it toward an asset-light business model. The restructured entity will concentrate strategically on loan origination services, digital platform enablement, and developing fee-based revenue streams—a transition expected to boost capital returns while mitigating balance sheet vulnerabilities.

    For acquiring entity Dolla Financial Services, this acquisition represents a strategic expansion that significantly scales operations and fortifies its lending infrastructure. Company CEO Kenroy Kerr emphasized that the transaction “meaningfully expands our microcredit footprint and reinforces our commitment to inclusive financing,” anticipating substantial positive impact on the company’s loan book balance and growth trajectory.

    Supreme Ventures will maintain financial exposure to future value creation through retained 15% equity ownership in Dolla Financial Services Limited. Executive Chairman Gary Peart characterized the move as reflecting “disciplined capital allocation and a clear focus on shareholder value,” strengthening immediate financial positioning while preserving long-term upside potential through a more scalable operational structure.

    Final transaction details remain under negotiation pending regulatory approval from the Bank of Jamaica.

  • JDF says alleged actions of soldier contrary to core values

    JDF says alleged actions of soldier contrary to core values

    A member of the Jamaica Defence Force (JDF) is facing serious criminal charges following an incident involving the unauthorized discharge of a firearm in a public area on Christmas morning. Private Rushane Brown, a 30-year-old soldier from Comfort Hall, Manchester, was apprehended after allegedly firing shots into the air approximately at 5:15 am in St. Elizabeth.

    The incident came to light when an off-duty police officer witnessed the alleged firearm discharge and confronted the soldier. Following an investigation, Brown has been formally charged with multiple offenses including possession of a prohibited weapon, unauthorized possession of ammunition, and unlawful discharge of a firearm in a public space.

    In an official statement released Wednesday, the Jamaica Defence Force expressed strong disapproval of the alleged actions, emphasizing that such behavior contradicts the organization’s core values and professional standards expected of all personnel. The military institution explicitly stated that it does not tolerate unlawful, reckless, or irresponsible conduct by any members, regardless of whether they are on or off duty.

    The JDF has committed to full cooperation with the Jamaica Constabulary Force to ensure a thorough and transparent investigation process. Military officials reaffirmed their dedication to maintaining the highest standards of discipline and accountability, while assuring the public that incidents of this nature receive the most serious attention and appropriate disciplinary measures.

  • Billionaire Lee-Chin weighs sale of NCBFG stake to settle debt, shares down 23% YTD

    Billionaire Lee-Chin weighs sale of NCBFG stake to settle debt, shares down 23% YTD

    KINGSTON, Jamaica — Prominent Jamaican-Canadian investor Michael Lee-Chin is evaluating the potential divestment of his controlling interest in National Commercial Bank Financial Group Limited (NCBFG) to address pressing debt obligations. This strategic consideration emerges as his Barbados-based company, AIC (Barbados) Limited, faces an immediate US$94 million bond payment, with total outstanding bond obligations amounting to US$297 million.

    In accordance with an agreement with noteholders, Lee-Chin has initiated a 45-day resolution period commencing December 31 to structure repayment of both principal and accrued interest. The process aims to facilitate orderly settlement arrangements for the due amount.

    “I’m conducting a comprehensive structural review of all available alternatives,” Lee-Chin stated during a telephone interview with Observer Online, while opting not to elaborate further. “All options remain under consideration, including full repayment, and I have allocated 45 days to reach a resolution.”

    An official release from his office outlined potential strategies, ranging from complete debt liquidation to addressing the current payment, with the partial or full disposal of his NCBFG shareholding identified as a viable pathway. Lee-Chin currently serves as chairman of the diversified financial services conglomerate.

    Any disposition would constitute a substantial block transaction. Recent NCBFG quarterly disclosures reveal AIC (Barbados) Limited maintained 46.24% ownership of the group’s issued shares as of September 30, 2025. Earlier regulatory filings dated March 31, 2025, indicated Lee-Chin and his affiliated entities collectively controlled 52.15% of NCBFG, with AIC (Barbados) specifically holding 46.74% at that time.

    The billionaire is collaborating with financial advisors and key stakeholders to determine “the most appropriate and sustainable course of action,” according to the statement. Lee-Chin expressed confidence that the undertaken measures would yield favorable outcomes while reaffirming his commitment to fulfilling all financial obligations.

    Market analysts anticipate a decision regarding the preferred approach within the forthcoming fortnight, substantially preceding the 45-day deadline. A transaction involving Lee-Chin’s substantial shareholding would represent a significant event for NCBFG’s market structure.

    The company’s shares have experienced downward pressure, concluding at J$39.05 on the Jamaica Stock Exchange with 3.35 million shares traded recently. At this valuation, Lee-Chin’s 52.15% stake—based on 2.58 billion issued shares—approximates J$52.6 billion (US$335 million), substantially exceeding the total bond debt. This current price reflects a considerable decline from historic peaks when shares reached an intraday high of J$249 and closed at J$219 in July 2019. Year-to-date, the stock has depreciated 23.16%.

    Lee-Chin established his fortune primarily through Portland Holdings Inc., his investment holding vehicle. His stewardship of NCBFG, which encompasses banking, insurance, and wealth management services across the Caribbean region, has constituted a foundational element of his business legacy.

    Additional developments will be communicated as appropriate.