GraceKennedy Press

GraceKennedy Half Year Revenues Up J$5 Billion Or 9.8%; Profit Before Tax Up 53.2% Over Prior Year Period

July 30, 2020

In its unaudited results for the six months ended June 30, 2020, the GraceKennedy (GK) Group is announcing a second straight quarter of growth. The Group realized revenues of J$56.5 billion, an increase of J$5 billion or 9.8% compared to the corresponding period last year, and a 53.2% improvement in profit before tax to J$4.5 …


Steven Whittingham appointed Head of Digital Transformation

July 23, 2020

The GraceKennedy (GK) Group has announced the appointment of Steven Whittingham as its new Head of Digital Transformation, effective August 1, 2020. The role will see Mr Whittingham assuming leadership of GK’s digital transformation strategy, guided by GK’s new Digital Transformation Steering Committee. The Steering Committee will be chaired by GK Group CEO, Don Wehby, …


GraceKennedy Signs World-Class Sprinter Briana Williams as Newest GK Foods Ambassador

July 8, 2020

GraceKennedy (GK) Group CEO, Don Wehby, has announced that GK Foods has signed sprinter Briana Williams as its newest Brand Ambassador, effective July 1, 2020. The National Under 20 Record Holder will represent the GK Foods brand locally, as well in the regional and international markets, over the next three years.


Canopy Insurance Performing Above Expectations

June 25, 2020

Number of Members Covered By Canopy 43% Above Projections A little over a year after announcing a joint venture between the GraceKennedy and the Musson Group to enter the group health and life insurance market under the brand name Canopy, GraceKennedy Group CEO, Don Wehby is signaling GraceKennedy’s confidence in its Canopy investment.


GK Group CEO Rallies Jamaican Diaspora to Reimagine Engagement for a Stronger and More Resilient Post- COVID Jamaica

June 16, 2020

In addition to expressing his gratitude to members of the Jamaican Diaspora for their consistent support to Jamaica during the COVID-19 crisis, GraceKennedy Group CEO, Senator Don Wehby has issued a passionate plea and has made several suggestions as to how the diaspora can engage with Jamaica to help the country emerge stronger and more …


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 …


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.


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.


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.


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.


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.


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 …


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.


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 …


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 …


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.


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.


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.


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.


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: