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FTC applies for financial penalties to be levied on Supreme Ventures

Competition regulator the Fair Trading Commission (FTC) has asked the Supreme Court to impose financial penalties on gaming company Supreme Ventures Limited (SVL) and a subsidiary for allegedly abusing their dominant position in the lottery market. ....

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Government loses CCJ case on soap tax waiver

A victory by DCP Successors Limited has left Jamaican soap manufacturers pondering their next move as the Caribbean Court of Justice (CCJ) has ruled that Jamaica is in breach of regional trade rules by not applying tariffs to soap noodles imported into the country from non-Caricom sources. The ruling on Wednesday has created a state of perplexity for Jamaican consumers who might be faced with an additional cost at corner. ....

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JC fights back in Reid saga

The operators of Jamaica College (JC) have rejected former principal Ruel Reid’s claim for at least $10 million in incentive payments and are pushing for his lawsuit to be thrown out. Reid, a former education minister who resigned in 2019 amid. ....

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'What are you hiding?'

A Supreme Court judge has asked lawyers "what are you hiding?" amid strong resistance to an independent attorney representing the fraud-hit Stocks and Securities Limited (SSL) in a hearing for the disclosure of documents to an 80-year-old investor. ....

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