Talking Business, Taking Stock
Where Dollars & Cents Count
Host Mark Croskery talks to CEOs and company directors in a one on one interview style, revealing ideas and philosophies that’ll inspire those aspiring for personal success and financial growth. Business Live Extra looks beyond dollars and cents to focus on the movers and shakers dominating business in Jamaica.
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Jamaica Broilers' CEO: Stop the Strategy That Makes Us Poorer | Business Live Extra | CVM TV
“I cannot see the sense in continuing to pursue a strategy that makes us poorer.” #JamaicaBroilers CEO and President Chris Levy talk to Business Live Extra about devaluation, the need to fix the US dollar rate of exchange, and his journey as a leader among many other things. Join us tonight at 9 PM here:
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The Dynamics of Entrepreneurship With Branson Centre's Lauri-Ann Ainsworth | Business Live Extra
Known as a disruptor for good, Lauri Ann Ainsworth, Chief Executive Officer of the Branson Centre of Entrepreneurship Caribbean has significant experience in developing successful companies.
Her background in marketing along with her three passions; tech, entrepreneurship, and the Caribbean has charged her path in the industry as a game-changer and industry leader.
Having coached and mentored startups, she’s developed a strong passion for supporting the entrepreneurial ecosystem, she also leads a group called the Female Entrepreneur's Lounge.
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Worried About Investing During COVID-19? Mayberry's Gary Peart Gives Insight | Business Live Extra
This Business Live Extra feature is talking to a man they call the wealth creator. Our guest, Gary Peart, Chief Executive Officer of Mayberry Investments Limited sits on the boards of multiple successful companies. Also, he has over twenty years of corporate finance experience in the Jamaican financial industry and was named top CEO in Jamaica for the financial year 2015. Faced with the challenge of the pandemic grade virus, COVID-19 the finance giant had this to say:
“I think the biggest challenge and the biggest opportunity for the country is digitization”
– Gary Peart, CEO of Mayberry Investments Limited
Watch the full interview to peer into the mind of an investor faced with a pandemic tackling the stock market.
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NovaMed's, Dr David Walcott At The Forefront of Healthcare Innovations | Business Live Extra |CVM TV
Our guest is a leader in this field, he's a medical doctor and an entrepreneur - Jamaica’s 2011 Rhodes Scholar attending Oxford, INSEAD and Harvard he has worked on several multi-million dollar healthcare projects in the Caribbean; and is a founding partner of the Visionaries’ Summit, a platform that convenes a global community controlling over US$140B in investment capital.
He is currently the Co-Chair of the COVID-19 Steering Committee of the World Economic Forum's Global Shapers Community.
And he's leading a company driving innovative healthcare solutions in emerging markets.
Our guest is Dr. David Walcott founder of NovaMed
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Digitizing Cash: It's All About Providing Solutions To Challenges | Business Live Extra | CVMTV
Our guest today is a leader in the field; she has been in the tech space for more than 20 years.
A graduate of the University of Technology and the University of Miami with an MBA in finance and telecommunications
She's passionate about wellness and fitness - an avid runner, who's competed in many marathons
She has successfully created an active culture for staff and has even installed a gym at her company
Our guest today is Stacey Halsall-Peart, Chief Operating Officer at Advanced Integrated Systems.
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Understanding Risk, Trading And Mutual Funds | Business Live Extra | CVM TV
Our guest today has invaluable expertise in the global investment landscape. He spent his early years in Belize, moving there at the age of two with his parents. At high school in Jamaica, he was a promising athlete, representing Calabar in swimming and track.
He went on to study civil engineering at first degree level in Scotland, before returning to the Caribbean for a Masters in Construction, Our guest also has a Diplomas in Management Studies and Business Administration.
He was the executive director of the Private Sector Organisation of Jamaica where he managed the investments and income then decided to start his own investment firm at the start of the century in 2000 as Jamaican financial markets were still recovery mode after a major meltdown
Our guest is Charles Ross, Chairman, President and CEO of sterling asset management. Stay tuned for the full interview as we dissect his journey to success.
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Chukka Caribbean Sees Clean Safe & Digital Transformation For Island Tourism | Business Live Extra
Our guest leads one of the most celebrated attraction companies in tourism. It is considered a business concept developed from a childhood past time, of swimming with horses in the ocean, and has now grown to include all kinds of adventure tours, with operations in Jamaica, Belize Dominican Republic plus Turks and Caicos, he has more than 25 years’ experience and, our guest is no other than Marc Melville, Executive Director of the Chukka Group.
Stay tuned as we revisit the history and growth of Chukka Caribbean Adventures.
Find out what drives Marc's passion and what he is doing today.
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How Did This Internet Entrepreneur Start His Successful Journey? | Business Live Extra | CVMTV
He is described as an internet entrepreneur, a two-time winner of the PSOJ 50 under fifty business leader awards, and named by The Inter-American Development Bank as one of ten innovators in the Latin America and Caribbean Region.
This Business Live Extra guest was the founder of the now-defunct website advance-gamers; a large gaming website in the Caribbean at the time.
You may know him as the man behind the online platform that helps children to study through gamification, making it fun to train for examinations.
Our guest is no other than the CEO of Edufocal, Mr. Gordon Swaby. Find out how this Internet Entrepreneur started his successful journey?
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How Can You Improve Your Life With The Help Of The Credit Union? | Business LIVE Extra | CVMTV
"Credit Unions were born in the 1930s, for the empowerment of Jamaica," Robin Levy.
Our guest has a 30-year career in financial management. He helped to develop Jamaican entrepreneurs through coaching, advised multiple start-ups and fledgling companies through the Jamaican Stock Exchange Junior Market.
He held a post as Deputy General Manager of the Jamaica Stock Exchange and General Manager of its two subsidiaries, the JCSD and JCSD Trustee Services. He is a certified fraud examiner, Risk manager, and Financial specialist Our guest is Robin Levy, CEO at the Jamaica Co-operative Credit Union League.
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Nayana Williams: Doing Things That Many People Can Only Dream Of | Business Live Extra | CVM LIVE
Our guest today has been doing something that many people dream of but few achieve:
By returning home to Jamaica and starting a successful business
She previously worked in Hollywood doing marketing, music production and finance
But chose to return home after getting experience in the United States. In 2005, she decided to start a bottled spring water company in Buff Bay Portland.
She made the first 100 cases herself along with her partners, her husband, and his brother
They loaded them up in two pick-up trucks and drove to Port Antonio
Our guest is Nayana Williams CEO of Lifespan Water.
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Expert In Food Safety & Quality Systems Implementation | Business Live EXTRA | CVMTV
Our guest today has over 30 years of experience of doing just what he does best, by supporting businesses in the food industry, small medium enterprises as well as private and public institutions.
For three years he ran all research, development and quality assurance activities for Grace Kennedy. He is credited with creating the Grace Technology Centre, a technical and research and development facility, which he managed.
In 1995 he intervened to prevent the UK from blocking Jamaican ackee
In 1996, he led a management buyout of the operation and formed his own company, which is now the only private sector-owned organisation of its kind in the Caribbean with an ISO 17025 -certified laboratory
Our guest today is widely recognized as a leading expert in food safety and quality systems implementation. He is Dr. Andre Gordon Managing Director of Technological Solutions Limited And CEO of TSL Technical Services Limited.
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Public Sector Development - Behind The Scene With Peter Melhado | Business Live Extra | CVMTV
Our guest is a major player in the financial services industry
He has over 15 years of experience in local manufacturing and financial services sectors. He created a merchant bank, which became one of the leading financial and asset management companies in Jamaica
He serves on a number of company boards and is a former Vice President of the Private Sector Organisation of Jamaica and has a Commitment to Public Sector Development he currently chairs the American International School of Kingston and was recently appointed Chairman of Sagicor Group Jamaica Limited.
Meet our guest Peter Melhado.
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What should Jamaica’s economic recovery look? Watch Beyond the Crisis – Road to Economic Recovery for the answers as our team investigates the potential for businesses after a pandemic. Key sectors which should be given immediate attention by the government to start the wheels of the economic revolution turning. The ultimate goal: finally diversifying the Jamaican economy.
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When Wealth Is Wrapped In Weed | Beyond the Crisis | CVM TV
It has been five years since Jamaica embarked on the road to establishing and building out a legal ganja and hemp industry. The goal has been for the development of an orderly industry where the plant and it’s by-products are used for medical, therapeutic, and scientific purposes.
There was much optimism at the start of the journey about the great prospects to be reaped in light of Jamaica’s history with the growth of the plant. But this has seemingly turned into despair, disappointment, and despondence for several players in the sector who've bemoaned publicly the slow pace of development.
But with the Planning Institute of Jamaica now forecasting a 9-10% contraction in the local economy for the current fiscal year is this industry in a position to make its mark and contribute to economic recovery and growth?
The Cannabis Licensing Authority is the agency mandated to create regulations to guide the industry and issue licenses. Permits and authorization for the handling of ganja and hemp.
We sat down with its legal officer and director of research, development, and communication to gauge the current direction of the agency.
Felicia Bailey provided an overview of the current state of the industries and activities now taking place.
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Promoting Local & International Trade with Oexone Part 2 | Beyond the Crisis - #18 | CVMTV
The information provided through this new platform will give local farmers a good idea of the crops that are in demand globally.
For example, Thompson says the world can’t get enough of Jamaica’s yellow yam.
Farmers wanting to connect to this platform can visit www.oexmarkets dot com or www.oexone. com
The impact of the global pandemic on the local economy has once again put the importance of the agriculture sector front and centre.
With 230 thousand farmers and some 20 thousand fisherfolk the livelihood of hundreds of thousands of families and an entire country depend on not just the survival but the forward movement of the industry.
Speaking at a webinar hosted by Jamaica promotions last month state minister in the Ministry of Industry Commerce Agriculture and Fisheries Floyd Green was optimistic that the sector was on a growth path.
He reflected that the strategies implemented to assist farmers at the start of the pandemic by purchasing excess produce were successful.
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Promoting Local & International Trade with Oexone Part 1 | Beyond the Crisis - #18 | CVMTV
Imagine a platform where farmers can upload and list the products they have, take orders from potential customers, and get payments sent directly to their bank accounts from buyers around the world?
You don't have to stretch your imagination too far as such a platform exists and the mastermind is a Jamaican.
It was launched in Kingston on July 15.
The Oexone platform facilitates Diaspora trade, commerce, and investment opportunities. It was established as a non-denominational, non-biased regional platform for trade, investments, marketing, value chain capacity building, and payment services to handle local and cross border import and export transactions.
It's the one economic exchange for the prosperity of all.
Robert Kibo Thompson is the founder and CEO of Oex One Holdings.
He spoke to us about the challenges and difficulties he faced as an exporter just to get certain information which led him to create the global trade platform - a plan in the making for a decade.
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Jamaica's Manufacturing Growth Strategy Activated - Part 2 | Beyond the Crisis | CVMTV
Employment in the sector expanded in 2018 moving from 79 thousand 425 to 79 thousand 600.
The Planning Institute of Jamaica had predicted that the real value-added for the manufacturing industry is expected to increase with higher output from food, beverages and tobacco, and other manufacturing sub-industries.
It is anticipated that these will materialize as a result of improvements made in the production equipment, greater demand, and growth in available financing options for the industry
The documents are to be debated by both Houses of Parliament.
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Jamaica's Manufacturing Growth Strategy Activated - PART 1 | Beyond the Crisis-# 17 | CVMTV
Three months since that conversation and on July 28 the government tabled in parliament what they've dubbed two critical documents to enhance the productivity sector.
One is the National Investment Policy green paper and the other the national five-year Manufacturing Growth Strategy.
The recently assigned Minister without Portfolio in the Ministry of Industry, Commerce Agriculture and Fisheries Leslie Campbell provided an overview of the developments on behalf of the Senior Portfolio Minister Audley Shaw.
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Tourism in Jamaica: Resilient and Will Rise Again- Part One | Beyond the Crisis | CVMTV
Open but not operating at optimal -that appears to be one assessment from the Jamaica Hotel and Tourist Association on the performance of some properties some six weeks after Jamaica opened its borders to international visitors.
However, there is much optimism that the country's tourism sector is resilient and will rise again.
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Tourism in Jamaica: Resilient and Will Rise Again - Part Two | Beyond the Crisis | CVMTV
June 15 would be the day Jamaica reopened to international guests who were perhaps anxious to leave lockdown and quarantine back home to enjoy Jamaica’s sun sea and sand. It was also helpful that Jamaica’s response and management to the pandemic have received the international endorsement.
Now some six weeks later the Jamaica Hotel and Tourist Association is reporting that 15 percent of the business is now operational with employment levels only back to 9 percent of pre-COVID 19 levels.
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Jamaica's Blueprint For Economic Recovery Is Here - Part Two | Beyond the Crisis | CVMTV
The recovery taskforce says success will require building an economy that can thrive even with the realities of COVID-19.
It's recommending that the government recommit to and accelerate macro-fiscal reform and business climate improvements.
A strong recovery from COVID-19 it says will require the maintenance and entrenchment of macro-economic stability and improvements in the business climate that will boost productivity. This will rest heavily on completing institutional reforms and legislative amendments.
And...the restoration of the tourism sector will be a key pillar of recovery.
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Jamaica's Blueprint For Economic Recovery Is Here - Part One | Beyond the Crisis | CVMTV
Prime Minister Andrew Holness now has in his possession a blueprint for economic recovery.
After 8 weeks of deliberations and the participation of several Jamaicans sitting on various sub-committees the economic recovery taskforce recently submitted its report to the prime minister.
The 134-page document was tabled in parliament on Tuesday, July 14.
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Can Jamaica Protect And Improve Its Agricultural Sector?-Part One | Beyond The Crisis #14 | CVMTV
The road to economic recovery will be a long one but it could be a faster bounce back than in the aftermath of the global recession of 2008.
This is the latest assessment from the planning institute of Jamaica.
During a presentation to the United Nations high-level political forum on sustainable development on July 8, the institute reported that the Jamaican economy is expected to recover within 2 to 4 years while jobs should be back to pre COVID -19 levels within one to 3 years.
According to the PIOJ, the projected shorter recovery this time around is a result of the relative strength of the Jamaican economy and stimulus packages that have been rolled out locally and internationally.
While this is welcome news the path to recovery will not be without hurdles and challenges.
We made our first visit here: https://youtu.be/HzzIy-u25SU
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Can Jamaica Protect And Improve Its Agricultural Sector? -Part Two | Beyond The Crisis #14 | CVMTV
We look at crime but specific to the agricultural sector - praedial larceny.
Financial losses as a result of farm theft have been estimated to be in the region of 6 million dollars annually.
You will recall Model Agricultural Productions Limited -the mother farm that was featured in a previous episode of Beyond the Crisis. It is a modern agriculture enterprise utilizing the latest technology to boost production. It is also a hub for innovation and research.
This was an unplanned and unscheduled visit to the property in Innswood, St Catherine due to disturbing circumstances.
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Job Security: The Jamaican Labour Market During COVID-19 - Part Two | Beyond The Crisis #13 | CVMTV
Figures from UN women show that the labour force participation rate for women between the ages of 25 and 54 is 63 percent compared to 94 percent for men.
In 2017 global unemployment rates for men stood at 5.5 percent but 6.2 percent for women.
The share of women in informal employment in developing countries was 4 point 6 percentage points higher than that of men.
Worldwide, 58 percent of women report having a bank account at a formal financial institution compared to 65 percent for men.
It is in this context that the concept of women's economic empowerment becomes significant and remains relevant here in Jamaica.
That's according to president of the women entrepreneurs network of the Caribbean Ethnie Miller Simpson.
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