Tag: News

Honesty, Integrity, Trust – For 95 Years And Beyond

gk-gleaner-2

The following is an edited version of remarks delivered by Don Wehby, group CEO of GraceKennedy Limited, at the company’s 95th anniversary church service held at Holy Trinity Cathedral in Kingston on Sunday:

Not too long ago, as a youngster in khakis, I visited this church every first Friday for worship. In those days, it was mandatory. As I look back on my life, I’m thankful that it was. Those hours of prayer shaped my early spiritual identity and prepared me for a path which I could never have imagined would have led me to standing here before you as CEO of GraceKennedy. It just shows how important it is to dream big, work hard, and give God thanks.

I have also seen – both in my personal and business life – that it is God who makes all things possible, and He can take people, institutions and countries further than they or others could ever imagine. So today, we have come to this house to reflect and give thanks, fully aware that 95 years would not have been possible solely on human strength.

I salute each founder, director, and employee of GraceKennedy from the beginning to now, for the strength, commitment, passion and faith to have laboured in love to make this company what it is today. We honour our founders Dr John Grace, Fred Kennedy and James Moss-Solomon Sr and former CEOs Carlton Alexander, Rafael Diaz and Douglas Orane. And there are many other unsung heroes. I acknowledge members of the founding families who are with us today. We thank God for using them as vessels to build a company that shows love to our people and to our country.

IN PRAISE OF TEAM MEMBERS

We talk about this all the time and it is still worth mentioning: In 1925, we offered employees the right to purchase shares in the company at par. Also, in 1951, GraceKennedy became the first Jamaican company to establish free health, and superannuation schemes, and life insurance for staff. Today, we continue to look for every opportunity to ensure that our staff are well taken care of and can provide for their families.

I would like to salute our retirees. Many of them are here today or would have wanted to be. We hold them dear because of all they have given and how they continue to hold us in their hearts. They give us strength to continue every day. And they are very special to me.

We have a great executive team, which is committed to living the core values and continuing the tradition of leadership and service. We are thankful for their passion and commitment to GK.

JUST THE BEGINNING

Ninety-five years for some businesses is more than a lifetime. But for us, in some ways, it is just the beginning. The best is yet to come. From our humble early days, we have grown from strength to strength, and today, we are fixed on the goal of being a global world-class consumer group. GraceKennedy’s journey to the world is in full flight, with offices in Jamaica, the Caribbean, North America, UK and Europe, and Africa.

As we continue to grow and give the world a taste of who we are, we are more committed than ever to serving our Jamaican market with quality products and to keep GraceKennedy’s brands as household names. We are also encouraged to contribute to the growth of Jamaica and the communities in which we do business wherever we are in the world.

I believe wholeheartedly that even from birth, we have been a company ahead of its time, constantly looking beyond and thinking ahead. We know that greater things lie ahead. History has proven that when a solid foundation is put down, you can build with peace of mind. We have set our foundation, and we are building! And as I tell my team, I know there will be challenges, but if we fall down nine times, we are to get up 10!

Honesty, integrity, trust, humility and commitment are cherished core values which are our compass as we move forward with hope and optimism for the future. These are the same values that I learnt from my parents in this church over 30 years.

May God bless each of you, and our country, Jamaica. I pray for peace and love in this great country.

Source: Jamaica Gleaner | Honesty, integrity, trust – for 95 years and beyond

GraceKennedy At 95 – A Shining Example Of Corporate Success

gk-gleaner-1

This year marks 95 years since the GraceKennedy Group was founded. Starting life as Grace, Kennedy and Company Limited in Kingston, Jamaica, in February 1922, the company has survived many challenges over the period to become a name which Jamaicans – at home and abroad – can truly be proud of.

Founded by Dr John J. Grace and Fred William Kennedy, who both worked for Grace Limited, a wholly owned subsidiary of W.R. Grace & Company of New York, GraceKennedy in its early days was involved in the sugar industry, and the importation of products, chief among which were salt fish and fertiliser.

This was at a time when other companies and the government of the day were looking to the mother country – England – for economic solutions. The company broke with tradition and pursued business opportunities in new exciting frontiers such as in the United States of America and Canada.

Establishing the philosophy ‘Take what is good for Jamaica and make it good for GraceKennedy’, throughout the years, the company has sought to make itself a partner in Jamaica’s development – with government, its shareholders, employees and with the wider community.

 

NATIONAL PRIDE

The company’s emergence coincided with the global recovery from the devastating World War I a few years earlier. Bouyed by a combination of entrepreneurial spirit and national pride, GraceKennedy pursued interests in importing, exporting and insurance, and steadily established its distribution network throughout rural Jamaica.

During this time also, the company developed a tradition of rewarding hard work and loyalty of the ‘small man’ – becoming perhaps the first company to offer shares to its employees in 1924. The adoption of accounting practices of the highest international standards has served GraceKennedy well.

Throughout the many decades of its existence, GraceKennedy has been involved in most aspects of Jamaica’s economy, such as the manufacture and distribution of a range of foods and soap products, salt, and motorcycles; shipping; contract farming; banking; insurance; investments; and money services, among other enterprises. By earning from multiple sources, the company has been able to survive and do well even during difficult times..

 

Committed To Jamaica

In 2012, GraceKennedy, through its more than 60 subsidiaries in more than 60 countries worldwide, recorded before-tax revenues of more than $60 billion. It is considered one of the blue-chip companies on the Jamaica Stock Exchange, and the most successful local business entity in Jamaican history.

With all its success, GraceKennedy has not abandoned its roots in downtown Kingston and continues to maintain its headquarters there. As a demonstration of its commitment to Kingston, it is in the process of expanding its presence with the development of new corporate offices scheduled to be completed in late 2018. GraceKennedy thrives from the opportunities presented from its proximity downtown to transportation – by sea, air and land; as well as legal, accounting and telecommunications services. Also, by operating downtown, GraceKennedy, is among the companies which have signalled long-term commitment to the city’s renewal.

GraceKennedy has established two charitable foundations through which it channels lasting contributions to nation building. The Grace and Staff Community Development Foundation, a partnership between the company’s management and staff, was established in 1979 in response to the poor social and economic conditions existing in the inner-city communities surrounding the company’s headquarters. Chief among the Grace and Staff Foundation’s activities is the GraceKennedy Education Run held annually in July.

 

EXCELLENT LEADERSHIP

The GraceKennedy Foundation focuses mostly on education for the long-term benefit of Jamaica, offering a range of scholarships and grants at the secondary and tertiary levels.

Central to GraceKennedy’s success has been the visionary leadership brought by Luis Fred Kennedy, the legendary Carlton Alexander, A. Rafael Diaz, Douglas Orane and the present Chief Executive Officer, Don Wehby. The combination of principled leadership, loyal staff and data-driven decision-making have developed a diversified business that today includes banking and financial services, remittances, insurance, manufacturing, retail and distribution.

The company has adjusted its focus from being a Jamaican food company to being an international food and financial services conglomerate serving Jamaicans across the globe, as well as people from other countries who share in the delight of the high-quality products and world-class services for which the company is known. GraceKennedy’s presence is not only felt in the Caribbean, Europe and North America, but is growing rapidly in Africa, the ancestral home of most Jamaicans.

Without doubt, GraceKennedy will continue to impact positively on the lives of Jamaicans as it closes in on an illustrious century.

Source: http://jamaica-gleaner.com/article/news/20170214/gracekennedy-95-shining-example-corporate-success

 

 

RJRGLEANER Employee Wins $10M In ‘Q Is The Key To Cash 4 Life’

cash-4-life-winner-mark-brown

When Mark Brown, an employee of The RJRGleaner Communi-cations Group, bought Qs of Wray & Nephew White Overproof Rum to assist his sister with adding flavour to her Christmas cakes, little did he know there was a blessing of $10 million in return for him.

Brown is now one of two grand prize winners in the recently concluded J. Wray & Nephew ‘Q is the Key to Cash 4 Life’ competition.

Brown saved every Q he bought to help his sister, and entered the codes via text as instructed for the competition, and on January 29 he was told of his life-changing win.

“I feel elated, excited, nervous, blessed and favoured. This is something I have been praying for – a financial blessing. I think God has actually blessed me today,” said Brown, who was just returning home from church when the team from J.Wray & Nephew Limited announced his victory to him.

“The only thing I can do is give God thanks and praise for it. This is my breakthrough. I have prayed for it and a lot of people have prayed for it to happen for me too, and I am just giving thanks for it,” added Brown, before calling his mother to tell her the good news.

HOW HE WILL SPEND IT

When asked how he plans to spend the money, the first thing he could think of doing were acts of kindness.

“I have some family members who I want to help and my children overseas. I can now put towards their college fund. Last month, I borrowed a major loan to take care of some things, but if I knew this was going to happen I wouldn’t have done that,” said Brown.

Howard Cover, a resident of Portland, is the other grand prize winner of the ‘Q is the Key to Cash 4 Life’ competition. Like Brown, he intends to use his winnings to give to those in need, especially his family members.

“I have three grandchildren whom I want to help with the money. I want to see to it that they get a good education. They are 16, 10 and eight. I am also going to buy some property with the money, invest some otherwise, mostly in farming, which is what I know about,” said Cover.

According to Pietro Gramegna, marketing manager, J. Wray & Nephew Limited, the company is elated that it could have enriched the lives of two deserving Jamaicans.

“We at J. Wray & Nephew Limited are always envisioning ways to enrich the lives of our consumers. With the ‘Q is the Key to Cash 4 Life’ promotion, two flasks of Wray & Nephew White Overproof Rum allowed two loyal consumers to become real millionaires,” said Gramegna.

Source: http://jamaica-gleaner.com/article/news/20170205/rjrgleaner-employee-wins-10m-q-key-cash-4-life

New JMMB Her Wealth offering targets women

jmmb

A recent study conducted by the International Labour Organization identified Jamaica as one of the top three countries where ‘the boss’ is likely to be female. These statistics in the study Women in Business and Management, Gaining Momentum are not surprising, as women account for more than 70 per cent of students enrolled at the tertiary level in major local universities.

Climbing the corporate ladder marks a different, if not new, milestone for women, as they have stood the test of time, often seeking work/life balance — in the case of working mothers — even as they juggle varying roles while pursuing their dreams.

In support of the empowerment of women to achieve their financial goals, the JMMB Group has announced the introduction of JMMB Her Wealth, a complete package of financial solutions which includes investments, loans, savings facilities and insurance. As part of the customisation of the offerings to better cater to women, JMMB also provides a maternity loan, and coverage of handbag contents against theft as part of their motor vehicle insurance offering.

According to JMMB Jamaica Country Manager Kisha Anderson, women have shown their continued intention to attain financial success in Jamaica.

“We aim to facilitate and assist our clients to achieve their goals. This new offering is in response to a perceived gap that has been identified in the market, and research that suggests the need for financial institutions to deepen their relationship with women in order to meet their unique financial needs,” she explained.

Anderson says JMMB Her Wealth is designed as a special and remarkable vehicle for this purpose, and is the first of its kind in the market.

The JMMB Her Wealth packaged solution also includes a rewards programme that offers JMMB Her Wealth clients special access to discounts (or other benefits) of up to 20 per cent from partnering companies.

The partners selected to be a part of the JMMB Her Wealth Rewards programme are established organisations that offer support services that are typically utilised by women in their daily lives. These include auto servicing and maintenance; food; home care; medical services; counselling; beauty and spa services; computers and accessories; and children’s products and accessories.

Source: http://www.jamaicaobserver.com/magazines/allwoman/issues/New-JMMB-Her-Wealth-offering-targets-women_87598

Gleaner Honour Awards A Big Deal, Say Recipients

gleaner-awards

Being recognised by The Gleaner through its annual Honour Awards carries a lot of weight. Representatives of four category winners – the Jamaica Public Service Company (JPS) for science and technology; the Calabash International Literary Festival for arts and culture; Food For the Poor, recipient for voluntary service; and National Commercial Bank for education – made that clear during yesterday’s second of three category luncheons hosted by the media house at its North Street, central Kingston, head office.

On Monday, February 20, The Gleaner will choose from the awardees the man, woman or company deemed best to have contributed significantly to improving Jamaica’s quality of life, at any time in the preceding 12 months, or is likely to bring about such a change in the immediate future.

For those honoured yesterday, the recognition has been invaluable.

“Clearly, when anybody in the arts is acknowledged for the work they do, it’s a big deal, because there is no monetary reward in the arts. So what you hope and pray for is that your work makes a difference in other ways. So when you get an award such as this one, it allows you to get more recognition, more prominence to be able to do work that you may not have been able to do otherwise. It gives you legitimacy and a stamp of approval that is so important in the arts,” Justine Henzell, co-founder and producer of the Calabash International Literary Festival, shared.

Andrew Mahfood, chairman of Food For the Poor, said it would serve as motivation to do even more for its charges.

“The organisation is humbled by this award from The Gleaner for voluntary service. We have a lot of work to do [because] there are a lot more people who are living in poverty conditions and we hope to be able to help them,” he disclosed.

 

Goes Way Beyond JPS

 

Meanwhile, Gary Barrow, chief technology officer for the JPS, spoke to the far-reaching impact of the award.

“We are really very excited because we think that this goes way beyond JPS. We are fortunate that the introduction of the new technology actually allows us to help Jamaica in terms of growth and prosperity, which is a critical part of our vision statement – that we are the people unleashing Jamaica’s growth and prosperity. So we understand the role energy plays in economic growth and we believe there is a really big opportunity out there to help us to use technology to accelerate that growth.”

Author Marlon James was also recognised with a special award in the arts and culture category.

The final category award luncheon is slated for Wednesday, February 1, when winners in the categories public service and business will be recognised, ahead of the February 20 grand gala event at The Jamaica Pegasus hotel in New Kingston.

christopher.serju@gleanerjm.com

Food For The Poor assists family, elderly with houses

ffp-house

A Portland family and an elderly man are the latest beneficiaries of houses from philanthropic organisation Food For The Poor (FFP) after their plight was highlighted by the Jamaica Observer North East in 2015.

The family of four, which includes a wheelchair-bound man, was desperately in need of a house to get out of the crammed space they shared in the back room of a relative’s house in Waybridge, Portland, for years.

Observer North & East reported in 2015 that Jacqueline Thompson, her two daughters and her physically challenged son all shared a single bed in a room which an aunt allowed them to stay in, after they had been living in the garage for some time.

At the time, Thompson stressed that she needed help to get back on her feet.

“I am feeling happy about getting my house. I thank God as I can’t leave him out,” she said.

Thompson also thanked justice of the peace and pastor of the Church of God in Christ at Long Road, Roy Titus, who tried desperately to get assistance for the family. He described their situation as “dire,” then.

She also thanked the Ministry of Housing for the land space, Food For The Poor for the house, the Observer for highlighting her need, and the parish council and the National Insurance Scheme for their assistance.

“I am a happy person now. It was a long and horrible wait; I cried sometimes. The children are very happy, especially my son Okeno,” Thompson shared.

The house, which is located at Darlingford Housing Scheme in Manchioneal in the parish, was handed over last October. Thompson said FFP has also pledged to donate furniture.

A visually impaired elderly man was also the beneficiary of a house from FFP.

Urnal Taylor lived in a dirt-floor, one-bedroom house in Boston in the parish for years, before FFP read of his plight in the

Observer and presented him with the keys for a new house.

“This house is beautiful as much as mi can’t see it. I am comfortable and mi have space. Thanks to all the people who helped me, and the gentleman here, Pastor Titus. The blessings on his shoulders can’t come off. Welcome; welcome,” he said with a broad grin on his face.

http://www.jamaicaobserver.com/regional/Food-For-The-Poor-assists-family–elderly-with-housesObserver-North-and-East-article-spurs-action——-_87286

Women Dominate JMMB Client Base

jmmb-1

JMMB Group has launched a suite of products designed especially for women in response to a trend observed over the years where a greater number of its clients are female.

Its client base is currently 59 per cent female, according to JMMB country manager for Jamaica Kisha Anderson at the unveiling of a new product, JMMB Her Wealth, at an event in New Kingston.

Under the new offerings, women will be able to access insurance, investments, loans and savings accounts, the company said, “from a financial institution that has sought to customise some of its financial solutions to empower women to achieve their financial goals”, JMMB said in a statement.

By tailoring products for women, JMMB said it positions the company to attract even more business from the demographic.

“Research indicates that women represent a huge potential market opportunity for growth across many industries, including finance where there are gaps perceived in the way financial institutions cater to women and their unique needs,” Anderson said in the company release.

PROFIT NOT MAIN OBJECTIVE

Speaking with Financial Gleaner at the launch, Anderson said that while JMMB anticipates a wide take-up of the new products, profit was not the primary objective.

“As we were thinking about this campaign, we weren’t necessarily thinking about a dollar figure. The objective of the campaign is us being intentional about reaching out to women,” she said.

“If you think about our revenues and profit, it’s a near 60/40 split in terms of the revenue we make from women,” said the JMMB Jamaica head.

JMMB Her Wealth will also feature a rewards programme for services typically utilised by women. The company has partnered with merchants who offer medical care, beauty, auto, and home and garden services to provide five to 20 per cent discounts, among others benefits for women.

To design JMMB Her Wealth, Anderson said focus groups and surveys were conducted over a 12- to 18-month period.

“Before we started the study, we had several focus groups where we asked the women about their needs and expectations of a financial house. We found out what their dreams are so we could figure out how we will help them towards those things,” she said.

“You find that women don’t generally trust themselves when it comes to financial products, so improving their financial literacy is something that we want to focus on.”

JMMB says it will be hosting quarterly financial education sessions aimed at women.

tameka.gordon@gleanerjm.com

http://jamaica-gleaner.com/article/business/20170120/women-dominate-jmmb-client-base

Children Demand Urgent Attention, Says Samuels

gleaner-nlpb-jan-19

Women and children will, for the first time, be the focus of the 37th National Leadership Prayer Breakfast, which takes place at The Jamaica Pegasus hotel in St Andrew on Thursday, according to the Reverend Dr Stevenson Samuels, chair of the committee that plans this annual event.

“For the first time this year, we have also felt the need to include prayers for children. We feel that these are vulnerable groups with regards to crime and violence plaguing our society. Children demand urgent attention,” he declared.

Samuels bemoaned that children were abused by adults and also experienced high levels of poverty, neglect by parents, little moral and spiritual training, in addition to insufficient access to other things.

His comments came yesterday at the Church of the Open Bible Church in St Andrew.

Chief Justice Zaila McCalla, Chief of Defence Staff, Major General Rocky Meade, Courtney Campbell, president and chief executive officer of the Victoria Mutual Group, along with members of the National Leadership Prayer Breakfast Committee, were among the special guests of the church.

Samuels used the occasion to remind the congregation that allegations of impropriety against members of the clergy were symptomatic of a wider societal rot.

“The recent alleged sexual abuse case against the pastor, in addition to other similar allegations reported in the media, is an indication that this scourge is present in all sectors of our society,” he added.

christopher.serju@gleanerjm.com

http://jamaica-gleaner.com/article/lead-stories/20170116/children-demand-urgent-attention-says-samuels

Transformational Leadership Through God Can Bring About Vision 2030

nlpb-gleaner-1

Transformation among leadership ranks is the primary focus of the 37th National Leadership Prayer Breakfast (NLPB) to be staged at the Jamaica Pegasus Hotel on Thursday, January 19.

The purpose of the NLPB is to foster greater unity in the nation, particularly among the nation’s leaders at all levels.

In keeping with national protocol, the list of invited guests is headed by Governor General Sir Patrick Allen and includes Prime Minister Andrew Holness and Leader of the Opposition Portia Simpson Miller.

God-Empowered Intervention

At a press briefing yesterday at The Jamaica Pegasus hotel to officially launch the event and commence prayer week the Rev Stevenson Samuels, chairman of the NLPB Committee, spoke of transformation brought about by God-empowered intervention.

“In the process of the NLPB, we trust that we will contribute to our leaders experiencing transformation, a transformation that will impact core values for the betterment of all,” Samuels said.

He added: “We feel that for Jamaica to grow, for Jamaica to progress and experience true prosperity, there has to be transformation. That transformation must begin at the top, at the head of the stream, at the helm of our society. Transformational leadership is what is required to take us to the next level. Jamaica, as it is, cannot experience the growth and development that we all long for. If we are going to see this nation rise to new altitudes, we must change and challenge both Church and State to do that change.”

syranno.baines@gleanerjm.com

Source: http://jamaica-gleaner.com/article/lead-stories/20170113/transformational-leadership-through-god-can-bring-about-vision-2030