Observations OS

Colide Z     Sweet   Music   Jamaica      Tech Life Jamaica's Electricity rates are projected to climb steadily over the coming years. This is an unfortunate fact given oil price and exchange rates steady increases. The chart below illustrates just how closely the two have been rising together over the years. When the cost of Crude Oil is converted to Jamaican dollars its a bit amazing how the country isn't paying far more for electricity. The chart below highlights the cost of oil in Jamaican dollars. The above charts therefore means only one thing. Electricity cost are expected to continue the upward trend experienced over the years. The most important take away from this is that the country as a whole must be driven to be more efficient and productive or face the perils of higher production cost and resulting uncompetitiveness. What the Jamaica Public Service has done over the past few years to keep rates where they are is somewhat commendable given the dat

Colide Z     Sweet   Music   Jamaica      Tech Life There happens to be a country with unbelievable  potential and untold value. Which country is that for you and why? Come back right here next week to find out which it is and why. Post your comments below please. Colide Z     Sweet   Music   Jamaica      Tech Life

Colide Z     Sweet   Music   Jamaica      Tech Life Jamaican entertainers have the most entertaining names. Below is a list of a few with food related names. Popcaan   Cocoa Tea   Spice She could potentially change her name to Hot Spice. Richie Spice Everton Blender   Alozade Now I only wonder how they all really got their interesting names? Colide Z     Sweet   Music   Jamaica      Tech Life

Colide Z     Sweet   Music   Jamaica      Tech Life Electricity cost have been trending up for the last five years and by all indications seems as if it will continue to trend up for the foreseeable future. Behind the continuous rise in electricity cost is the underlying requirement to utilize petroleum for the nations energy needs. Petroleum Consumption Distribution  by Activity 2010 The pie chart below clearly highlights two facts: Petroleum is the primary source of energy for all energy consuming activities in the country.  Electricity generation consumes most of the petroleum requirements of the country.  Jamaica's Electricity Production Energy Mix in 2008 The most important thing to note in the chart below of Jamaica's Electricity Energy Mix is that less than 10% of the nations electricity requirements is met by locally available renewable energy. Jamaica is as a result heavily exposed to the risk of fuel cost price volatility and is as a result energy