Newsline Business (February 27)

The Central Bank of Jamaica says it has reached an ideal level of its Net International reserves.

And therefore there is no need for an increase.

Co-Chair of the Economic Programme Oversight Committee, Keith Duncan says future increases will depend on demand.


Guyana is turning to South Africa for expertise in developing its mining industry.

Minister of Natural Resources Raphael Trotman has been meeting with representatives of that country to discuss areas of cooperation.

He says conditions are ideal for growing that sector.


Antigua and Barbuda’s Prime Minister Gaston Browne is considering a one per cent increase in the sales tax to fund the fourth campus of the University of the West Indies.

He made the announcement on his radio station, Pointe FM.

Browne said the proposed increase would be a sacrifice that all Antiguans would have to make, to ensure that they have a university that can improve the country’s human resource so they can be more competitive.

The UWI Antigua campus is expected to be officially opened by September this year.