JMMB News
Want to read up on the latest news and updates from JMMB? Read through our news page to get all the latest information.
JMMB Joan Duncan Foundation Assists Vulnerable Students to Stay Connected with Remote Learning
Daniel Wint, a grade 6 student at Salt Savannah Primary, in Clarendon, is one of the 400 beneficiaries of tablets and SIM cards, to facilitate internet access for remote learning, from the JMMB Joan Duncan Foundation.
JMMB Seminar Gives the Ins & Outs of Filing Taxes for SMEs
During a recent online seminar, hosted by the JMMB Small & Medium-Sized Enterprises (SME) Resource Centre, taxpayer education officer at the Tax Administration of Jamaica (TAJ), Antoinette Anderson, outlined that the key to the effective filing of one’s taxes is efficient record-keeping. Noting, “Your record keeping does not have to be a robust and hi-tech system, it simply needs to keep an accurate record of your income and your expenses and can be as simple as a receipt book or keeping a copy of all your purchases (etc.).”
JMMB Shares Pointers on Reducing Negative Impact of Downsizing on Employees & SMEs
The country's unemployment rate as at October 2020, stands at 10.7% of Jamaica's labour force; that is, over 137,000 individuals are unemployed, according to the Statistical Institute of Jamaica’s (STATIN) quarterly report. This is an uptick of 3.5% year-over-year, and has largely been attributable to the slowdown in the economic activity, due to the impact of the COVID-19 pandemic. Shifts in the marketplace, have left individuals grappling with how to thrive in the current market and beyond, because of the rapid pace of change.
JMMB Group Preference Share Oversubscribed
The JMMB Group Limited (JMMBGL) preference share offer, which closed on March 9, was oversubscribed by 166%, with subscriptions totaling approximately, J$9.97 billion.