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The Bank of Jamaica (Jamaican Patois: Bangk a Jumieka) is the central bank of Jamaica located in Kingston. It was established by the Bank of Jamaica Act 1960 [ 3 ] and was opened on May 1, 1961. It is responsible for the monetary policy of Jamaica on the instruction of the Minister of Finance .
Kingston is also home to Caricel, Jamaica's newest telecoms operator, which deployed its LTE network first to the Kingston Metropolitan Area. In addition, both carriers have their Jamaican head offices in the city (with the exception of Digicel, which has its company headquarters in Kingston rather than a regional office there as is the case ...
Tivoli Gardens was developed in West Kingston, Jamaica, between 1963 [3] and 1965 [4] by demolishing and redeveloping the area of the Rastafarian settlement Back-O-Wall. [5] The area was notorious in the 1950s as the worst slum in the Caribbean, where "three communal standpipes and two public bathrooms served a population of well over 5,000 people."
The US bank, Citizens and Southern had taken a 49% stake, and local interests owned 51%. At some point Citizens & Southern was forced to sell its shares to local interests. Eagle Commercial Bank had been established in 1968, and Island Victoria Bank in 1993. In 2001, Royal Bank of Trinidad and Tobago bought Union Bank of Jamaica. [1]
It is considered responsible for the development of the secondary money market for debt in Jamaica. [ 5 ] Founded in November 1992 by Joan Duncan, JMMB is headquartered in Kingston, Jamaica, with regional offices in Trinidad, the Dominican Republic, as well as Barbados.
It is administered by the Kingston and St. Andrew Corporation and is served by the Kingston 17 Post Office. Harbour View was built in 1960, two years before the country's Independence in 1962. The community was the first in Jamaica to have a community paper and its residents claim that the community was the first to host street dances. [ 1 ]
Morant Bay is a town in southeastern Jamaica and the capital of the parish of St. Thomas, located about 40 kilometres east of Kingston, the capital. The parish has a population of 94,410. During the nineteenth century, the parish was an area of sugar cane plantations, with a majority of black enslave descendant after the abolition of slavery.
Nigel Clarke was born in St. Andrew, Jamaica on 20 October 1971, in an upper middle class family. His father, Justice Neville Clarke, served as a Jamaican Supreme Court judge for several decades while his mother, Mary Clarke, served as head of the Planning Institute of Jamaica (PIOJ) for almost 20 years.