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Hilton Announces First Two Hotels In Guyana

News Americas, New York, NY, August 29, 2024: Hilton, the global luxury hotel brand, has announced plans to construct its first two hotels in Guyana, marking a significant expansion into the oil rich South American CARICOM nation. The new developments, Hilton Georgetown and DoubleTree Suites by Hilton Georgetown, will both be located in the country’s capital, Georgetown.

Hilton will soon have two hotels in Guyana.

According to the company, these two hotels will be part of a larger oceanfront, mixed-use business and entertainment complex, offering a combined total of over 400 rooms. The project will be owned by an affiliate of the Assets Group and managed by Hilton.

This announcement comes nearly four years after a private company initially signed a Memorandum of Understanding (MoU) with the Guyanese government to build two Hilton-branded hotels. However, that project never advanced, and now Hilton has decided to take the reins directly.

“We believe in investing in Guyana, a country poised for significant growth and a promising future in tourism and hospitality,” said Moutaz Al Khayyat, Chairman of Assets Group. He highlighted the company’s commitment to entering emerging markets with high potential and expressed confidence in Guyana’s economic trajectory.

The 11-story Hilton Georgetown will feature 253 guest rooms and suites, providing an elevated stay experience, while the DoubleTree Suites by Hilton Georgetown will offer 158 contemporary suites.

“We are proud to bring the flagship Hilton Hotels & Resorts brand, which continues to set the standard for travel, and the renowned DoubleTree by Hilton tradition of warm welcomes and upscale comfort to Guyana,” said Gary Steffen, Global Category Head for Full-Service Brands at Hilton. He added that the company is eager to introduce its iconic hospitality to the Guyanese market through these two award-winning brands.

Hilton emphasized that these new properties will underscore its commitment to delivering premium, luxurious experiences that cater to the discerning needs of its guests.

Caribbean Projected To Grow By Over 8 Percent In 2024

News Americas, New York, NY, Fri. August 23, 2024: The Caribbean region is on track to experience economic growth of 8.4 percent in 2024, largely driven by the remarkable expansion of Guyana’s economy. However, without factoring in Guyana, the region’s projected growth rate drops significantly to just 2.6 percent, according to the latest annual report from the Economic Commission for Latin America and the Caribbean, (ECLAC).

Guyana, with its rapidly expanding oil sector, is expected to lead the Caribbean in growth, with an estimated 29.2 percent increase in 2024. In contrast, the growth forecast for 2025 for the region, including Guyana, is projected to drop to 6.3 percent. Excluding Guyana, the rate will fall even further to just 2.23 percent.

The following is the projected growth by country for 2024 and 2025, according to ECLAC data:

Country2024 Growth Rate (%)2025 Growth Rate (%)Guyana29.217.8Antigua and Barbuda6.34.8Dominican Republic5.24.5Saint Vincent and the Grenadines4.74.6Dominica4.64.3Belize4.13.8Grenada4.13.7Barbados3.72.8Saint Lucia3.42.0Saint Kitts and Nevis3.02.7Suriname2.42.7Trinidad and Tobago2.42.2Bahamas2.31.8Jamaica1.81.7Cuba0.51.0

This growth projection highlights the economic challenges facing the region, particularly when Guyana’s extraordinary growth is excluded. While other Caribbean nations are showing positive growth rates, the disparity underscores the critical role that Guyana’s oil boom is playing in the region’s overall economic performance.

Jamaican Nurse Practitioner Champions Preventive Healthcare

News Americas, New York, NY, August 8, 2024: “Preventive healthcare is my passion,” says Jamaican-born Adult Health Nurse Practitioner, Dr. Karlene Lawrence, who has over two decades of experience in Preventive Medicine across various health centers in New York City and Long Island.

Dr. Karlene Lawrence is a nurse practitioner based in NYC but born in Jamaica. (Photo courtesy of Ian Buddington)

Born in St. Thomas, Jamaica, Dr. Lawrence attended Holy Childhood Preparatory and High Schools in Kingston, Jamaica, before immigrating to the USA at 17. She earned a Bachelor’s degree in Nursing from Molloy College in Rockville Centre with the goal of becoming a Nurse-Midwife. After obtaining a Midwifery and Women’s Health Graduate degree from New York University, she began practicing in outpatient settings in Queens and Brooklyn. It was at this juncture that her focus changed. “I realized that the care of my female patients was incomplete because I was unable to care for their male partners. That prompted me to pursue an Adult Nurse Practitioner Post Graduate Certificate. Over time, it became apparent that my true passion was educating patients about illness prevention and achieving wellness, rather than ‘problem-focused’ appointments and treating an illness after it was already diagnosed.”

Dr. Lawrence returned to school in 2017 and received a Doctor of Nursing Practice Degree from SUNY Stony Brook University in 2019. During this time, she married educator, musician, and cultural historian LeRoy Graham Jr., who “stepped up in a major way” to assist with raising their three children while she pursued her academic and professional goals.

Dr Karlene Lawrence and husband LeRoy Graham. (Photo courtesy of Ian Buddington)

Among her many honors are The Louis and Rachel Rudin Foundation Scholarship, the New York State Advanced Nursing Education Traineeship Scholarship, and the New York State Primary Care Service Corps Scholarship. She is also a member of the Sigma Theta Tau International Honor Society of Nursing.

Currently, Dr. Lawrence serves as the Doctor of Nursing Practice / Nurse Practitioner on a multimillion-dollar Geriatric Workforce Enhancement Program (GWEP) grant from the federal Health Resources and Services Administration (HRSA). The program aims to transform the healthcare workforce and community in Brooklyn by establishing a new wellness clinic for adults aged 65 years and older. The clinic will also serve as a training facility for students from all schools and colleges at SUNY Downstate Health Sciences University.

“Many chronic health conditions are preventable with proper nutrition, adherence to periodic screenings, and taking medication as advised, leading to longer, healthier lives free of common illnesses,” states Dr. Lawrence.

She emphasized that regular screenings for conditions like diabetes, hypertension, high cholesterol, and cancers such as breast, prostate, and colon can lead to early diagnosis, less complicated treatments, lower healthcare costs, and more successful outcomes. “This is why preventive healthcare and wellness are my passions. Early in my career, I realized that ‘prevention is better than cure’ is very accurate and applicable. Preventive healthcare became the focus of my practice many years ago and remains so until today.”

Dr. Lawrence also addresses challenges in the healthcare system, such as lack of access to affordable healthcare, payment constraints from insurance companies, stigmas towards various health conditions, and biases against older patients and those with mental health issues. “The sad reality is that a majority of the world’s population have challenges understanding healthcare discussions or instructions due to low or no literacy. This hinders the achievement of desired preventive healthcare goals. Unfortunately, the current United States health system can be complicated and difficult to navigate, a longstanding and complex issue that requires an immediate solution to ensure that ‘best treatment’ is always the goal for ALL patients.”

“My goal as a health and wellness educator-presenter is to increase awareness, comprehension, and adherence to recommended preventive health screening guidelines, improve health literacy, and eliminate occurrences of health disparities. I am also passionate about empowering individuals through education to prevent diseases, promote health, and maintain wellness as they age in their own residences,” she explained.

However, Dr. Lawrence acknowledges that she cannot achieve these goals alone. “At the end of the day, we still have to resolve the challenges in our healthcare system, and that will not be done overnight. It is vital that we foster the necessary cooperation between all healthcare stakeholders to arrive at more effective healthcare solutions. The lives of our fellow citizens literally depend on it.”

Son Of Caribbean Immigrants Named Co-Anchor of ‘CBS Evening News’

News Americas, New York, NY, August 2, 2024: Maurice DuBois, the son of Caribbean immigrants, has been named the new co-anchor of ‘CBS Evening News.’ A seasoned anchorman for WCBS-TV in New York City and the CBS network, DuBois will replace Norah O’Donnell and share the spot with John Dickerson, CBS’s lead political analyst and the host of an evening CBS News streaming show.

CBS TV Personality, Caribbean American Maurice Dubois, named co-anchor of CBS Evening News. (Photo by Mark Sagliocco/Getty Images)

Born on Long Island, New York, to parents from Dominica, DuBois attended Port Jefferson High School and earned a Bachelor of Science degree in journalism from the Medill School of Journalism at Northwestern University in Evanston, Illinois. While in college, he interned at the Public Affairs Office of the Brookhaven National Laboratory on Long Island, contributing to the employee newspaper, the Brookhaven Bulletin.

DuBois began his career in 1987 as a desk assistant at KING-TV in Seattle, Washington. He then served as an anchor and reporter at WFLD-TV in Chicago, Illinois, and KCRA-TV in Sacramento, California. He spent seven years at WNBC-TV in New York, co-anchoring ‘Today in New York’ and hosting ‘Four Stories’ and ‘Mind Over Media.’

He also worked as a substitute news reader on NBC News’s ‘Today’ and its weekend editions. In September 2004, he joined WCBS-TV in New York as an anchor for the 6 pm newscast, ‘CBS 2 News at 6,’ with Dana Tyler. Since then, he has co-anchored ‘CBS 2 News This Morning’ and ‘CBS 2 News at Noon’ with Cindy Hsu and Mary Calvi.

In January 2011, DuBois began co-anchoring ‘CBS 2 News at 5’ and ‘CBS 2 News at 11’ with Kristine Johnson. He occasionally substitutes on the weekend edition of ‘CBS Evening News.’ His reporting includes national political conventions, AIDS in South Africa, the death of Pope John Paul II, and the installation of Pope Benedict XVI.

Active in the community, DuBois serves on the boards of Pencil, Susan G. Komen for the Cure (New York City affiliate), and New York City Center. He has also worked with WNET’s GED program.

DuBois and his wife, Andrea Adair, married on August 13, 2001, have two sons and live in Harlem. He has received four Emmy Awards, honors from the Associated Press, and a Trailblazer Award from the New York City chapter of the National Association of Black Journalists. He holds honorary Doctor of Philosophy degrees from Briarcliffe College, Medgar Evers College, Seton Hall University, and St. Francis College.

CBS network executives promise journalistic rigor for the show. Bill Owens, the executive producer of ’60 Minutes,’ will oversee the editorial direction of ‘Evening News,’ with Guy Campanile, a ’60 Minutes’ producer, serving as the nightly show’s executive producer. Wendy McMahon, the chief executive of CBS News, Stations, and CBS Media Ventures, stated that the new leadership team represents “the infusion of ‘60 Minutes’ mission and values into the ‘CBS Evening News’ nightly.”

ExxonMobil Guyana Advances Seventh Oil Project

News Americas, New York, NY, July 23, 2024: ExxonMobil Guyana is moving forward with plans to develop its seventh oil project in the country, targeting the Hammerhead field in the Stabroek Block. The Environmental Protection Agency (EPA) has begun reviewing ExxonMobil’s application for this new venture.

The ExxonMobil Guyana offices at 86 Duke Street in Georgetown, Guyana. Photographer: Jose A. Alvarado Jr./Bloomberg via Getty Images

Officials estimate that the Hammerhead project could push Guyana’s oil output beyond 1.5 million barrels per day (bpd) by 2029. According to the project summary on the EPA’s website, the new development is expected to add between 120,000 and 180,000 bpd once operational in 2029.

ExxonMobil also projects gas production of 60 to 120 million standard cubic feet per day. The company emphasized in its project summary that it aims to “safely optimize that capacity” following initial startup.

When the Hammerhead project comes online, it will join six other sanctioned projects in the Stabroek Block, collectively boosting Guyana’s oil production to approximately 1.5 million bpd.

The EPA’s public notice, published earlier this week, stated that the proposed project will largely occur in the marine offshore environment. The notice highlighted potential environmental impacts, including effects on marine water quality, air quality, marine fauna, and socio-economic resources. Consequently, the EPA has instructed ExxonMobil Guyana to submit an Environmental Impact Assessment (EIA) for the Hammerhead project.

The environmental regulator also invited the public to submit written questions and concerns within 28 days of the July 14 notice for consideration in the EIA.

Documents filed with the EPA reveal that the Hammerhead project is located in the south-central portion of the Stabroek Block, approximately 160 km from Georgetown, amidst previous Stabroek projects. The current plans involve drilling via drill ships to produce oil using approximately 14 to 30 production and injection wells.

The project will include the installation of subsea equipment on the seafloor and processing equipment on a floating, production, storage, and offloading (FPSO) vessel. The FPSO vessel will have the capacity to store approximately 1.4 to 2 million barrels of oil. Third-party oil tankers will offload the oil from the FPSO, making it available for export to the international market.

The FPSO will also process, dehydrate, and compress associated gas produced from the reservoir. Several options for managing the associated gas are currently being evaluated.

The Hammerhead project is expected to significantly contribute to Guyana’s economic growth by increasing national revenues, procuring local goods and services, and creating direct and indirect employment opportunities. These benefits are anticipated to drive positive “multiplier” impacts throughout the local economy.

Here’s What You Need to Know About the Latest US Investments in the Caribbean

By NAN Business Editor

News Americas, New York, NY, Fri. July 19, 2024: Ever wondered about the total U.S. Direct Investment made in the Caribbean recently? News Americas analyzed the latest figures available from the US Bureau of Economic Analysis for 2022 on the heels of the recent Americas Partnership for Economic Prosperity Ministerial in D.C., and here’s where it stands according to a News Americas analysis. Countries not listed either received no inward US investments or had no data available for 2022 or 2021. They included Guyana, Suriname, St. Vincent and the Grenadines, and Antigua & Barbuda.

US Secretary of State Antony Blinken attended an emergency meeting on Haiti at the Conference of Heads of Government of the Caribbean Community (CARICOM) in Kingston, Jamaica, on March 11, 2024. (Photo by ANDREW CABALLERO-REYNOLDS/POOL/AFP via Getty Images)

The total investment for 2022 in some 16 countries was approximately US $296.1 billion. The investments per country from highest to lowest were as follows, based on the latest available data – 2022.

US Investments in the Caribbean (2022)

CountryInvestment Amount (USD)Change from 2021Bermuda$206.4 billion-12.7%The Bahamas$42.6 billion+1.4%Curacao$9.2 billion+18.1%Trinidad and Tobago$6 billion+49.6%The Dominican Republic$2.5 billion+3.7%St. Kitts and Nevis$468 million+1.5%Jamaica$239 million+5.8%Anguilla$137 million-14.4%Caribbean Netherlands$123 million+2.5%Belize$122 million-1.6%Sint Maarten$93 million-7.0%Barbados$28.3 million-12.9%Aruba$20 million+900.0%Haiti$17 million-22.7%St. Lucia$12 million-340.0% Grenada US $7 million 0 %

These investments reflect the economic engagement of the United States with the Caribbean region, indicating both growth and decline in various countries.

Caribbean Distilled Vodka Made From Breadfruit Raises Over $800K

News Americas, New York, NY, July 18, 2024: A Caribbean distilled and the world’s first award-winning Island Vodka handcrafted from breadfruit, has so far raised over USD800,000 in a crowdfunding equity raise on the platform Start Engine.

This Caribbean Based Vodka Made From Breadfruit has raised Over 800K To Date. (mutinyislandvodka.com image)

Mutiny Island Vodka, the world’s first award-winning vodka handcrafted from breadfruit, has successfully has secured $855,507.81 from 499 investors, with a minimum investment of $495.60 or $4.72 per share raised as of July 17, 2024.

Founded in 2017 by American-born Chef Todd Manley, Mutiny Island Vodka operates out of the 20,000 sq. ft. solar-powered Sion Farm distillery on St. Croix in the U.S. Virgin Islands. The company is committed to zero waste production and also offers ginger and turmeric-infused vodka, hot pepper-infused vodka, and Puerto Rican coffee-infused vodka. To date, the company has reported $5 million in sales.

Mutiny Island Vodka takes its name from the historic Mutiny on the Bounty. According to the company, they combined breadfruit with purified Caribbean rainwater to create the unique vodka. Manley, a graduate and former graduate student at Virginia Commonwealth University, previously ran multiple restaurants with average revenues of $1.4M per year each. After relocating to the U.S. Virgin Islands, he opened several successful businesses and was honored by the local Chamber of Commerce as “Business Man of the Year” in 2015. He also received the U.S. Congressional Award for his contributions to the community of St. Croix.

In recognition of his work with breadfruit, Manley was honored at the Global Breadfruit Summit in Hawaii in 2018 and 2022. Mutiny Island Vodka has also received endorsement from the Trees That Feed Foundation for using breadfruit as a substrate, encouraging the planting of breadfruit trees. The vodka has also been featured in Forbes, further cementing its reputation.

The history of breadfruit in the Caribbean dates back to the late 18th century, when it was introduced by the British as a cheap food source for slaves. Today, breadfruit is valued for its versatility, nutritional benefits, and climate resilience. A new study published in the journal Current Biology highlights the crop’s potential to improve food security and sovereignty in tropical regions.

Breadfruit trees are low-maintenance and can produce fruit for decades, sequestering carbon and requiring fewer resources than annual staple crops. “It should fare better than some major crops under climate change scenarios and can be utilized in a variety of ways,” said Nyree Zerega of Northwestern University.

Mutiny Island Vodka’s success in raising capital underscores the growing interest in sustainable and innovative food and beverage products. The vodka can be purchased at mutinyislandvodka.com.

Caribbean Heritage, Ozy Media Co-Founder Faces Up To 37 Years in Jail

News Americas, New York, NY, July 17, 2024: Carlos Watson, the Caribbean heritage co-founder of Ozy Media, now faces up to 37 years in prison after a federal jury found him guilty of defrauding investors and lenders. The jury reached their verdict after three days of deliberation, following an eight-week trial that uncovered numerous deceptive practices within the company.

Carlos Watson, the Jamaican American co-founder and chief executive officer of Ozy Media Inc., center, arriveing at federal court in the Brooklyn borough of New York, US, on Friday, June 7, 2024. Watson was found guilty on charges that he conspired to defraud investors in Ozy Media, the digital media start-up he co-founded on July 16, 2024. Photographer: Yuki Iwamura/Bloomberg via Getty Images

Prosecutors accused Watson of conspiracy to commit securities and wire fraud, presenting detailed evidence of deceptive actions, including impersonated phone calls, fabricated contracts, and inflated claims about Ozy’s financial health. “Watson knew the company was failing, but he was determined to turn Ozy and himself into the next big thing, and he wasn’t going to let the truth stand in his way,” stated Gillian Kassner, the prosecutor, during closing arguments in U.S. District Court in the Eastern District of New York.

Watson’s defense team argued that any fraudulent activities were the responsibility of other Ozy employees. Watson himself testified that his representations to investors were based on genuine assessments of Ozy’s finances and that any discrepancies were typical of a young start-up’s growing pains. Despite these defenses, the jury was not persuaded.

Watson, born and raised in Miami, Florida, is one of four siblings born to Jamaican parents. His early life saw him navigate numerous challenges, including an early expulsion from kindergarten. Watson graduated from Harvard University and went on to play significant roles in political campaigns, including managing Bill Clinton’s 1992 Election Day effort in Miami-Dade County, Florida. He later attended Stanford Law School, where he was an editor of the Stanford Law Review and president of the Stanford Law School Student Government.

After a stint at McKinsey & Company, Watson co-founded Achieva College Prep Service, which he sold to Kaplan, Inc. in 2002. He later became the Global Head of Education Investment Banking for Goldman Sachs and co-founded College Track with Laurene Powell Jobs in 1997.

Watson’s media career began in earnest in 2002 with guest appearances on Fox News and Court TV. He joined CNBC in early 2003 and moved to CNN later that year, where he became a well-known political commentator. His work on CNN, particularly during the 2004 presidential election, and his hosting of “Meet the Faith” on BET, established him as a prominent media figure.

In 2013, Watson co-founded Ozy Media with Samir Rao, raising over $70 million from notable investors. Ozy expanded into TV shows and podcasts, forming partnerships with major media entities like A&E Networks, iHeart Media, and Live Nation. However, the company faced scrutiny in 2021 when a New York Times article exposed potentially fraudulent practices. Watson dismissed the article as a “ridiculous hitjob,” but the damage to Ozy’s reputation was significant.

Sharon Osbourne, wife of rock star Ozzy Osbourne, accused Watson of falsely claiming the couple had invested in Ozy. Watson clarified that the Osbournes received shares as part of a legal settlement, though Osbourne denied ever accepting such offers.

In February 2023, Watson was arrested on fraud charges, shortly after Samir Rao pleaded guilty. Prosecutors alleged that Watson misled investors about Ozy’s financial performance and audience metrics. Despite Watson’s not guilty plea and vigorous defense on Twitter, the evidence presented at trial led to his conviction.

Watson’s trial, presided over by Judge Eric R. Komitee, featured testimonies from high-profile figures, including Google CEO Sundar Pichai, who refuted claims of a $600 million acquisition offer for Ozy. Jury deliberations began on July 12, culminating in the guilty verdict that now sees Watson facing a potential 37-year prison sentence.

Jamaican-Born Engineer Honored For Leadership and Philanthropy

News Americas, New York, NY, Mon. July 15, 2024: Jamaican-born engineer and community leader Lesleyann Samuel is celebrating a lifetime of volunteer service with her latest accolade – the Kingston College Old Boys Association USA, (KCOBA), Community Award for Leadership and Philanthropy.

Lesleyann Samuel, l., accepts her award from Rainford “Perry” Bloomfield, Immediate Past President of the KC Old Boys Association New York Chapter. (Photo courtesy of  Leonard McKenzie)

The award is one of several handed out annually by the New York Chapter of the Kingston College alumni organization to individuals who have significantly contributed to their communities in the USA. Samuel, an alumna of the Immaculate Conception High School (ICHS) in Jamaica and a former president of the Union of Jamaican Alumni Associations (USA) Inc. (UJAA), was recognized for her contribution to the ICHS Alumnae Association and her achievements as UJAA President during her eight-year tenure from 2014 to 2022.

Presented at the KCOBA USA Annual Reunion and Awards Gala at Antun’s in Queens Village, New York in May, the award is the latest in a long line of tributes bestowed on Samuel for her voluntary and philanthropic community efforts, which span nearly four decades.

Born in Kingston, Jamaica to R. Karl and Olga Samuel, Lesleyann’s passion for community service was ignited at an early age by her aunt, the late Dothlyn Joyce (“Dotty”) Campbell, former head of dance at Jamaica’s Festival Commission (now the Jamaica Cultural Development Commission – JCDC).

“In addition to her job, my aunt volunteered in a number of organizations and was always helping others. I learned then that life is more than just our day-to-day jobs. Life is about stepping up to our calling. For me, that means doing what I believe I am supposed to do in the service of others who may need whatever help I may be able to offer,” Samuel shared.

Samuel immigrated to the USA at the age of 13 and attended Samuel J. Tilden High School in Brooklyn (now Meyer Levin Junior High School). She earned a scholarship to Rensselaer Polytechnic Institute, an engineering school in upstate New York, graduating with a Bachelor of Science Degree in Engineering. This achievement led her to become one of a small but growing number of Black female engineers hired at major communication and tech companies in the early 1980s. She landed a position with New Jersey Bell, which later became Bell Atlantic and ultimately Verizon. After over a decade with Verizon in Maryland, she returned to the Tri-State area with a strong desire to “give forward.”

“It started with my getting involved with my alma mater, Immaculate, because I was part of the fifth generation in my family to attend the school. My mom was always involved in the alumnae association, in Jamaica and then in New York, so my sisters and I followed suit. By 2012, I was working extensively with UJAA on the board and really enjoying traveling to Jamaica and making my contribution. So, in 2014, I decided to take the next major step and run for UJAA president, following in the footsteps of my sister Karlene who was president before me.”

Karlene encouraged Lesleyann to “step up” and supported her throughout the journey.

“Most of us are active in our alumni associations because we attended phenomenal schools with phenomenal teachers. By giving forward (I deliberately do not ever use the word giving ‘back,’ because that is not our direction), we demonstrate our patriotism – our love for Jamaica – by helping to ensure that those who come after us have as good or better experiences than ours,” Samuel explained.

Her term as UJAA president was extended due to the COVID pandemic, and by the time it concluded in 2022, the UJAA membership had grown from 32 to over 60 alumni organizations during her presidency – an achievement of which she is especially proud.

With her engineering background, Samuel has been a major force behind UJAA’s support of robotics in Jamaican schools, and has chaperoned several Jamaican student delegations to international robotics competitions in recent years. Her latest project with her own Immaculate Alumnae Association includes extending the robotics program to Immaculate’s Preparatory school, where they participated in the FIRST® LEGO League Jamaica program in late June.

Samuel finds that one of the great ironies in her life of service has been the way her community volunteer activities have influenced her professionally, rather than the other way around.

“Curiously, my leadership and communication skills were developed through my community efforts and helped me in my engineering career, not the other way round. To both, I bring my commitment to a high standard of performance. I also understand that working with volunteers is very different than working with persons who are being paid to do a job. And I also stay positive and proceed as if success is inevitable.”

In addition to her latest award from KCOBA, Samuel has been the recipient of numerous others including The Bob Marley One Love Leadership Award from The Stop The Violence Alliance, The Caribbean Life Impact Award, The Founders Award from the ICHS Alumnae Association, and the United States House of Representatives Proclamation from Congresswoman Yvette Clarke.

As for the future, Samuel is not yet ready to slow down.

“I would like to obtain my doctorate in Organizational Leadership,” she says, “So I’m currently looking for the right programs for me. I would also like to do more work in Jamaica and am always looking at how to contribute in new ways. But generally, I’m staying open to the possibilities – ready as I’ve always been to step through the doors as they open.”

Jamaica Reviewing Partnership Act

Reported By Eliahna McFarlane

Edited By Felicia J. Persaud

News Americas, FORT LAUDERDALE, FL, Fri. July 12, 2024: A review of The Partnership (General) Act, 2017 and the Partnership (Limited) Act 2017 of Jamaica is being conducted to ensure that the provisions of the Acts sufficiently incorporate recent  Financial Action Task Force, (FATF), Recommendations.

That’s the word from Janeika Allen, Crown Counsel (Actg), in the Jamaica Ministry of Industry, Investment and Commerce. Allen said Jamaica is obligated to meet the recommendations set out by the FATF, the  “independent inter-governmental body that develops and promotes policies to protect the global financial system against money laundering, terrorist financing and the financing of proliferation of weapons of mass destruction.”

But she did not give a deadline as to when the review will be completed. Her response to News Americas came just days after Jamaica was taken off the FATF ‘grey list.’

On June 28, 2024, the FATF,  at its Plenary held in Singapore, removed Jamaica from the ‘grey list,’ or the list of countries identified as having strategic deficiencies in their Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) frameworks.

The FATF Recommendations are the basis on which all countries should meet the shared objective of tackling money laundering, terrorist financing and the financing of proliferation. They are recognized as the global anti-money laundering (AML) and counter-terrorist financing (CFT) standard and the FATF calls upon all countries to effectively implement these measures in their national systems.

In a 2015 evaluation, Jamaica was compliant or largely compliant with only 17 of the 40 FATF Recommendations. The resulting action plan required it to include all financial institutions and designated non-financial businesses and professions (DNFBPs) in its AML regime, with adequate risk-based supervision in all sectors. It was also told to take appropriate measures to prevent legal persons and arrangements from being misused for criminal purposes, by making accurate and up-to-date basic and beneficial ownership information available when needed. Other required actions included taking proper measures to increase AML investigations and prosecutions; implementing targeted financial sanctions for terrorist financing without delay; and preventing the misuse of its non-profit sector for terrorist financing purposes. It narrowly missed the June 2023 deadline for fulfilling all these points, but by January 2024 was assessed as having made further significant progress, especially on DNFBPs and beneficial ownership. At that stage, Jamaica was re-rated compliant or largely compliant on 37 of the 40 FATF recommendations.

Following the June 28th decision, The Bank of Jamaica, said in a statement: “The development will enhance confidence among investors and trading partners thereby improving Jamaica’s economic potential.”

This also means that financial transactions between persons in Jamaica and those overseas, inclusive of remittance transfers, could now become more seamless over time,” the Bank added.

The Partnership (General) Act of 2017 allowed for the formation of three different types of partnerships: General Partnership without separate legal personality, General Partnership with separate legal personality, and Limited Liability Partnership.

Prior to the General Act, the Companies Act of 2004 placed a requirement that investors with more than 20 partners operating in Jamaica would need to form a company. Thirteen years later, the requirement was finally repealed under Section 112 of The Partnership (General) Act.

It is left to be seen whether the laws will be further amended by the Jamaica parliament this year.

EDITOR’S NOTE: Eliahna McFarlane is a Garvey-Nkurmah 2024 Fellow and summer extern at ICN/Invest Caribbean as well as a second-year law student at Howard University.