Christopher Chaplin, Jamaican Honorary Consul in Philadelphia, urged the Jamaican Diaspora members to support the Jamaica Social Stock Exchange (JSSE).
JSSE, which was launched by the Jamaica Stock Exchange, is an initiative that aims to facilitate funding support, through public donations, for the country's organisations and social programmes to help underrepresented citizens.
Chaplin was addressing the plenary session on Social Business Enterprises, at the 8th Biennial Jamaica Diaspora Conference, at the Jamaica Conference Centre in Kingston, in June.
Onyka Barrett Scott, general manager of the JN Foundation, who was also a panelist at the plenary session, also encouraged delegates to support the Jamaica Social Stock Exchange, as it continues to bring vital support to the social enterprise sector. Mrs. Barrett Scott adds that investment is one such critical support and the Jamaica Social Stock Exchange offers such an avenue. Read the Entire Article
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John Brothers, Principal of Quidoo Consulting, writes about the Montreal-based company Bixi who are mostly known for its Bixi Bikes. Just recently, Bixi filed for bankruptcy protection. The reason? Bixi is in major financial distress and its bikes have proven to be too “expensive to build, operate and maintain”.