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Media press

Grace Foods Assists Security Personnel Working on the Frontline Against COVID-19

Providing Quality Meals Daily for the Teams Grace Foods, a division of GraceKennedy Limited (GKL), has launched an initiative to provide meals for distribution to security personnel working on the frontline in the efforts to contain the spread of COVID-19. Under the initiative, which got underway on March 30, Grace Foods will arrange for the …

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GraceKennedy Announces New Key Insurance Board

GraceKennedy Group CEO, Don Wehby appointed Chairman GraceKennedy Group CEO, Don Wehby, announced the new Board of Key Insurance Company during a meeting of the Board on Tuesday, March 31, 2020. Key Insurance Company Limited is the newest member of the GraceKennedy Financial Group.

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GraceKennedy Confirms Key Insurance’s Take Up of Its Acquisition Offer

Following on its January 20 announcement of an offer to acquire Key Insurance Company Limited, GraceKennedy is announcing that following the Key Board’s review of the Offering Circular and a recommendation to shareholders to take up the offer, GraceKennedy was successful in its bid for the company. The offer closed on March 2, and GraceKennedy …

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Hi-Lo Supermarket Chain Implements Special Measures for Healthcare Workers and Senior Citizens in Light of COVID-19

As the nation continues its fight against the spread of COVID-19, GraceKennedy’s supermarket chain, Hi-Lo Food Stores, is implementing special measures for two groups particularly impacted by the virus. Hi-Lo has is now offering a 10% discount to healthcare workers island-wide. It is also extending a 5% discount to Senior Citizens on all purchases made …

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GraceKennedy Reassuring Customers of Sufficient Food Product Supply

Group CEO encouraging Jamaicans that there’s no need to panic buy Amidst reports of large crowds and panic buying at supermarkets across Jamaica, GraceKennedy Group CEO, Don Wehby is moving to reassure Jamaicans that Grace Foods has sufficient stock to serve its customers and consumers.

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GraceKennedy Foundation Announces Postponement of 2020 Public Lecture

The GraceKennedy Foundation 2020 Public Lecture, which was originally scheduled for April 7, 2020 at the Pegasus Hotel in Kingston, has been postponed indefinitely, due to the current COVID-19 pandemic.

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GraceKennedy and ISSA Announce Cancellation of the 2020 Staging of ‘Champs’

Following  a meeting today with Government officials, ISSA and GraceKennedy, the Inter-Secondary Schools Sports Association (ISSA) and ‘Champs’ title sponsors, GraceKennedy, are now advising that this year’s staging of the ISSA/GraceKennedy Boys and Girls Athletic Championships will be cancelled.

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GraceKennedy and ISSA Announce Cancellation of ‘Champs’ Media Launch

Entities deliberating and soon to announce the fate of Champs 2020. The Inter-Secondary Schools Sports Association (ISSA) and ‘Champs’ title sponsors, GraceKennedy, have advised that tomorrow’s ‘Champs’ launch event, scheduled to take place at the National Stadium in Kingston, has been cancelled.

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GraceKennedy Investor Briefing – March 4, 2020

An video stream from GraceKennedy’s Investors’ Briefing held on March 4, 2020, to discuss the company’s 2019 annual financial results can be accessed below:

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GraceKennedy Investor Briefing

Senator Don Wehby, CD, Group Chief Executive Officer, GraceKennedy Limited, invites you to participate in our Investor Briefing to discuss our 2019 annual results on Wednesday 4th March 2020. The briefing will take the form of an on-line conference from 2:30 to 3:10 p.m. Jamaica Time (-5 Greenwich Mean Time (GMT)). Streaming Details: Register in …

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GraceKennedy Records Historic 2019 As Revenues Surpass J$100 Billion for the First Time In the Company’s 98 Year History

GraceKennedy Records Historic 2019 As Revenues Surpass J$100 Billion for the First Time In the Company’s 98 Year History In a year which saw the opening of its new Headquarters in downtown Kingston, and the company being named the recipient of the Governor General’s Award by the Jamaica Stock Exchange, the GraceKennedy Group is recording …

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GraceKennedy Delivers on Promise of Tablets to Majesty Gardens Infant School

In December of 2019, while on a Grace and Staff Community Development Foundation Christmas outreach visit to the Majesty Gardens Infant School, Group CEO, Don Wehby learned that the school was in need of tablets. Mr Wehby pledged the company’s support to assist with the acquisition of the technology, and on Friday, February 21, 2020, …

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GraceKennedy Makes Offer to Acquire Key Insurance Company Limited

The GraceKennedy Group is announcing plans to further strengthen and expand its Financial Division through an offer by the holding company, GraceKennedy Financial Group Limited (GKFG), to acquire general insurance entity, Key Insurance Company Limited, a company listed on the Junior Market of the Jamaica Stock Exchange. The offer follows the acquisition, in December 2019, …

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GraceKennedy Investors’ Briefing – November 2019 (Audio)

An audio stream from GraceKennedy’s Investors’ Briefing held on November 18, 2019, to discuss the company’s third quarter financial results can be accessed below:

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GraceKennedy Investor Briefing

Senator Don Wehby, Group Chief Executive Officer invites you to participate in our Investor Briefing to discuss our 2019 third-quarter results on Monday 18th November 2019. The briefing will take the form of an online audio conference from 2:30 to 3:10 p.m. Jamaica Time (-5 Greenwich Mean Time (GMT)). You will be able to access the …

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GraceKennedy Group Reports Strong Q3 Performance

Group Profit Before Tax Up by J$277M Kingston, Jamaica, November 7– In releasing its results for the period ended September 30, 2019, the GraceKennedy Group is reporting improved performance. Profit before tax for the three month period was J$277.0 million or 17.0% higher than the corresponding period of 2018. For the nine month period profit …

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GraceKennedy to Provide Food Aid for Financially Challenged UWI & Utech Students – “Feed the Future” Campaign to be Launched ...

Just in time for the new school year, the GraceKennedy Foundation has spearheaded additional improvements to a food bank programme, which will assist financially challenged tertiary level students to meet their nutritional needs under the campaign dubbed “Feed the Future.” The programme, known as the “GK Campus Connect Food Bank,” was established in April 2019, …

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GraceKennedy Group Reports Increased Revenues of J$51.5 Billion, $3.1 Billion Increase over Corresponding Prior Year Period

GraceKennedy Money Services (GKMS) successfully launched a new money transfer service, allowing for direct to bank settlement of incoming funds, which has seen strong consumer adoption. The segment was however impacted by volatility in the foreign exchange market, and a decline in remittance transaction volumes, due to the ongoing implementation of enhanced compliance measures.

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