GraceKennedy Press

GraceKennedy Q1 Profit Before Tax Up 50% Over Prior Year Period

May 14, 2020

Revenues Up 11.3% or $2.93 Billion over Prior Year Period While classifying the first quarter of this year as a period of great uncertainty, the GraceKennedy Group is announcing that results for the period have been the highest in recent times. For the three months ended March 31, 2020, the Group achieved revenues of J$28.85 …

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Grace Foods (USA) LLC to Provide Assistance with Food to over 5,000 persons Over the Next Three Months

May 6, 2020

As the GraceKennedy Group plays its part through its businesses worldwide in the COVID-19 response, GraceKennedy Foods (USA) LLC has teamed up with Congresswoman Yvette Clarke and Jamaica Consul General Alison Roach-Wilson to provide assistance with food to over 5,000 persons in need.

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The GraceKennedy Foundation to Provide J$20 Million in Scholarships to Tertiary Students

April 30, 2020

Applications open May 1  The GraceKennedy Foundation will, on May 1, open the period for scholarship applications for local university students for the 2020/21 academic year. The period closes on July 15, 2020. Over J$20 million in scholarships will be provided.

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GraceKennedy Foundation contributes $2M to the PSOJ COVID-19 Jamaica Response Fund to support the work of the Citizen’s Response Group

The GraceKennedy Foundation has donated J$2 million to the Private Sector Organisation of Jamaica (PSOJ) and Council of Voluntary Social Services (CVSS) COVID-19 Jamaica Response Fund, a multi-sectoral partnership, mobilizing and distributing resources towards the protection and welfare of the citizens of Jamaica primarily through two key areas – food security and health services.

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The GraceKennedy Foundation Announces the Cancellation of the 2020 GK Birthright Programme as a Result of the Covid-19 Pandemic

April 22, 2020

Due to the COVID-19 pandemic, the GraceKennedy Foundation is announcing the cancellation of the 2020 GraceKennedy Jamaican Birthright Programme, which was slated to host four university students from the United States, Canada and the UK, for a six week internship in Jamaica, starting at the end of June 2020.

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GraceKennedy Temporarily Closes Offices at 73 Harbour Street

April 15, 2020

Out of an abundance of caution, and in an interest to protect its team members, GraceKennedy is announcing the temporary closure of its facilities at 73 Harbour Street in downtown Kingston.

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

April 3, 2020

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

April 2, 2020

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

March 20, 2020

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

March 19, 2020

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

March 16, 2020

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

March 13, 2020

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’

March 11, 2020

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

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

March 3, 2020

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

February 28, 2020

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

February 24, 2020

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

January 20, 2020

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)

November 18, 2019

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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