On a vibrant Tuesday, October 1, 2024, the BNS Women Initiative took place at the Montego Bay Convention Centre, with the Jamaica Stock Exchange standing tall as a prominent participant and presenter. The event provided a platform for Ms. Andrea Kelly, the General Manager of the JCSD and JCSD Trustee Services Limited, to share valuable insights on the topic of ‘Is Listing for every Business? – Going Public as a Growth Strategy’.
Ms. Kelly’s presentation delved deep into the realm of the Stock Exchange, shedding light on the significance of “listing” and the myriad advantages associated with the process. An intriguing focal point of her discussion was centered around the Junior Market and the appealing tax concessions it offers. By elaborating on the types of companies that find a home on the Junior Market, highlighting success stories, and delving into market statistics tailored for Small and Medium Enterprises (SMEs), Ms. Kelly provided attendees with a comprehensive overview of the landscape.
Closing her presentation with finesse, Ms. Kelly addressed three pivotal questions that lingered in the minds of the audience: “Why list on a Stock Market?”, “Why the Junior Market?”, and the fundamental query, “Is listing for every Business?”. These questions not only sparked contemplation but also paved the way for a deeper understanding of the dynamics at play in the realm of stock listing.
For the Jamaica Stock Exchange, supporting SMEs and championing the Women’s Initiative remains a steadfast commitment. By continuing to empower businesses, advocate for growth strategies, and foster an inclusive environment for entrepreneurs, the Exchange plays a pivotal role in shaping a vibrant economic landscape for all.
