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An aerial view of the Caribbean Cement Company plant in Kingston.

Caribbean Cement Company says it has continuedan aggressive US dollar debt repayment policy which has allowed it to reducefinancial expenses by $36 million and foreign exchange risk. The company statedthatcash flow generation during the third quarter and the available cash at the beginning of the period allowed the company to reduce debt by $2.6 billion during the periodand by $4.7 billion for the year to date. Net cash provided by operating activities was $2.6 billion for the quarter and $5.2 billion for the year. For the third quarter ended September 30, the company earned revenue of $5.8 billion, representing a 32 per cent growth when compared with the corresponding period in 2019. Operating earnings before other income and expenses for the period was $2.3 billion and $2.2 billion afterwards, representing an increase of $1.4 billion when compared to the third quarter of the prior year. The directors said theoperating result is attributable to higher volumes sold, cost containment measures and operational efficiencies which have allowed the company to keep operational costs and expense in check despite the increased rate of production. The company recorded earnings before taxation of $1.8 billion, representing an improvement over the $0.2 billion achieved in third quarter last year. “The third quarter of 2020 has shown the resilience of our company and how, through the expertise and commitment of our team, we have been able to withstand the unprecedented challenges presented by the COVID-19 pandemic.” The company’s response to the pandemic to date includes enhanced safety protocols, customer engagement as well as targeted community support.

Allison Philbert

Allison Philbert, CEO of Digicel Jamaica, has decided to step down from the role effective at the end of the year, it was announced Wednesday. Philbertjoined Digicel Jamaica in February 2019 to lead the Digital team as it worked towards its transformation into a Digital Operator and was appointed CEO of Digicel Jamaica in August 2019. She quickly made her mark building and leading the team with great enthusiasm, energy and passion through a pivotal period in the company’s history which culminated last week in the successful worldwide relaunch of the company as it reintroduced itself as a Digital Operator and simultaneously unveiled its new Better together brand and promise to customers of simply more. Commenting on Philbert's decision to step down, Digicel Group CEO Caribbean and Central America, Oliver Coughlan, said; “In parallel with our company-wide rebirth as a Digital Operator last week came the achievement of a significant, personal goal for one of our dear colleagues, Allison Philbert.So while I am absolutely delighted for Allison on attaining her goal, I understand her desire to seek opportunities outside the Digicel family. I would like to thank her most sincerely for her considerable contribution and I would like to wish her the very best for the future.” Philbert commented; “I am very proud of what the team has achieved. After 18 months of painstaking planning, last week, we reintroduced ourselves to the world as a Digital Operator bringing 1440 minutes of powerful digital experiences to our customers through our suite of eight apps and our all-new Digicel Prime Bundles. It’s been a privilege for me to lead the talented Digicel Jamaica team through such an exciting time and I am looking forward to embracing my next challenge.” Digicel will announce a new CEO for Digicel Jamaica in due course.


Laden

Dancehall artiste Laden, whose real name is Okeefe Aarons,has been charged with illegal possession of a firearm and ammunition. Two other males, one of whomis a minor, who were reportedly in the company of the artiste, have also been charged. The other man has been identified as 21-year-old Saaion Ebanks, a labourer of Nembhard Town in StElizabeth. The threemaleswere arrested on Wednesday night after a firearm was reportedlyditched along a roadside in St Elizabeth when the men were approached by a police car on patrol. Senior Superintendent Stephanie Lindsay, head of the Constabulary Communications Unit, confirmed the incident. Reports from theBlack River Police are thatabout 10:40 pm,a black Mercedes Benz in which the entertainer was reportedly travelling with two other occupants was signalled to stop by law enforcers in Cheapside, St Elizabeth. The driverinitially complied but sped off when the police approached. The police went in pursuit and observed an object being thrown from the sunroof of the car.The vehicle was subsequently intercepted and the occupants searched. The police returned to the area where the object was thrown and retrieved a Hi-point 9mm pistol with a magazine containing one 9mm round of ammunition. Ladenis known for songs like 'Time to Shine', 'Feelings too Heavy' and 'Never Lonely'.

Beenie Man aired his views on his and Bounty Killer's omission from Billboard's Verzuz cover during his freestyle on the BET Hip Hop Awards Reggae Cypher

Jamaican culture was on display last night during the 2020 BET Hip Hop Awards. Some of the country’s top reggae and dancehall artistes were featured in a reggae cypher for this year’s virtual event. Cyphers have become a popular feature of the BET Awards and while it usually showcases rappers freestyling on a beat, this year it included some of Jamaica’s musical stars. Shenseea, Koffee, Skip Marley represented the new generation of artistes while Beenie Man and Bounty Killer held the flame for the legends. To the beat of Damian Marley’s 'Welcome to Jamrock', Shenseea kicked things off with a snippet of 'Lighter', her collab with Tarrus Riley, before launching into her rapid-fire freestyle about her journey and ambitions to make it worldwide. “Straight from Jamrock and Jamaica but mi want to go up, up up,” she chanted. {"preview_thumbnail":"/sites/default/files/styles/video_embed_wysiwyg_preview/public/video_thumbnails/6fJnaDeoi5c.jpg?itok=K8N0ih3w","video_url":"https://www.youtube.com/watch?v=6fJnaDeoi5c","settings":{"responsive":1,"width":"854","height":"480","autoplay":0},"settings_summary":["Embedded Video (Responsive)."]} Beenie Man closed off the Cypher but not before mentioning his popular Verzuz clash with Bounty. He chanted about that epic performance as well as Billboard’s omission of their images from its cover page on which Verzuz artistes were featured. “Yow, did kinda nervous, wah day mi do the Verzuz, mi a wonder if American love us or dem curse us, cause Billboard Magazine come out, dey never reveal us, thank God that I'm a genius, a lyrical Nostradamus, so big up Josey Wales and Super Cat and Nicodemus,” he chanted. Standing up to his reputation for hard lyrics, Bounty Killer showed off his lyrical prowess chanting: “Poor people governor, bussing di lyrical murderer, mi fire till mi haffi gubana, big up every youth, every sufferer, cause di a bare style, bare style, freestyle, ah know we style, but mi lyrics kick up like a gun recoil, as the time pass mi style a get illa, it's none other than the Big Bad Mighty Bounty Killa. Marley and Koffee brought the conscious lyrics to the Cypher with Marley chanting: “We the generation with the knowledge and the hope, we’re gonna change the globe, with everything we know, and bless up to the ancestors for paving the road.” Koffee chanted: “Gunshots a run the streets dem lately. Crime a frustrate we 'long side who create it, emergency stately we can't escape it, inflation crazy for the old lady, di poor baby no if or maybe, yeah. My skin in a crime scene yellow tape it. Koffee no haffi be the government favourite.” Among the other stand out Cyphers was the all-female cast featuring Brandy, Her, Erykah Badu and Teyana Taylor and the politically charged Cypher featuring Polo G, Rapsody, Chika, Flawless Real Talk and Jack Harlow.


Tottenham's Harry Kane, centre, vies for the ball against Royal Antwerp's Jeremy Gelin during their Europa League Group J football match at the Bosuil stadium in Antwerp, Belgium, Thursday, Oct. 29, 2020. (AP Photo/Francois Walschaerts).

AC Milan cruised past Sparta Prague 3-0 for theirsecond straight win in the Europa League on Thursday, while Tottenham fell to a surprising 1-0 loss at newcomer Antwerp. Milan easily overcame a missed penalty by Zlatan Ibrahimović to remain unbeaten in 23 games in all competitions, dating back to last season. Tottenham saw their10-match unbeaten run end, despite having Gareth Bale in the starting lineup for a second straight time in the competition. Fellow Premier club Leicester captured theirsecond straight win, 2-1 away at AEK Athens. Also, Hoffenheim and Wolfsberg earned big away wins. Arsenal, Benfica, and Rangers were in action later Thursday. TOTTENHAM TAMED Antwerp took the lead in the 29th minute when Dieumerci Mbokani stole a sloppy pass from defender Ben Davis before passing to fellow forward Lior Refaelov to score the winning goal. Manager José Mourinho retained only two players in the starting lineup from the squad that beat Burnley 1-0 in the Premier League on Monday. However, his lineup failed to impress and Mourinho made four substitutions at halftime in an attempt to turn things around. He didn't wait much longer before replacing Bale with striker Harry Kane in the 58th, but Spurs never created serious chances to score an equaliser. Also in Group J, LASK defeated Ludogorets 4-3. MILAN MARCHES ON Ibrahimović didn’t score but made his presence felt in the first 45 minutes of the game in Group H. The 39-year-old veteran crossed for Brahim Díaz from the right to net the opening goal with a shot between the legs of Sparta goalkeeper Milan Heca in the 24th minute. Ibrahimović, who contracted the coronavirus last month but has scored four goals in three matches since his return, wasted a golden opportunity to add another later in the first half. After he was fouled in the area, Ibrahimović hit the crossbar from the penalty spot in the 36th. He was replaced by Rafael Leão for the second half, and the substitute made it 2-0 from close range after he was set up by a precise cross from Diogo Dalot. Dalot added the third after a solo run in the 67th. Celtic wasted a 2-0 first-half lead after a couple of goals from Mohamed Elyounouss to settle for a 2-2 draw at Lille for theirfirst point. OTHER GROUPS Jamie Vardy put Leicester ahead in Athens after earning and converting a penalty in the 18th minute. An unmarked Hamza Choudhury made it 2-0 for Brendan Rodgers’s team before substitute Muamer Tankovic pulled one back for AEK in the 49th. In the other Group G game, Braga won 2-1 away at Zorya Luhansk. Villarreal went a goal down at Qarabağ in the 78th minute before coming back for a 3-1 victory in Group I, where Maccabi Tel-Aviv also won 2-1 away at Sivasspor. Wolfsberg havea perfect record in Group K after winning 4-1 at Feyenoord, with Michael Liendl scoring a hat trick. His first two goals came from penalties. CSKA Moscow played to a 0-0 draw with Dinamo Zagreb. Hoffenheim overcame a couple of coronavirus cases to beat Gent 4-1 away in Group L. Red Star Belgrade outplayed Czech club Liberec 5-1.

Ravindra Jadeja hit a six off the last ball to seal the victory for Chennai Super Kings.

Sunil Narine's Kolkata Knight Riders suffered a major blow to their playoff hopes by losing to Chennai Super Kings in the Indian Premier League (IPL) in Dubai on Thursday Ravindra Jadeja hit a six off the last ball to seal the victory. Kolkata's failure to win qualified the IPL-leading Mumbai Indians for the four-team playoffs, which start next Thursday. Kolkata remained fifth in the eight-team standings with one round-robin match left and needing others to slip up to help themqualify. The last-placed Chennai, eliminated long ago, could be satisfied with ruining Kolkata's chances. Forced to bat first, Kolkata made a competitive 172 for five with 87 from Nitish Rana and bowled well until the last two overs. Chennai needed 30 runs from those last two overs, and Radeja scored 29 of them, including two sixes off the last two balls to make 178 for fourand win by six wickets. Ruturaj Gaikwad led Chennai's chase with 72 off 53 balls, supported by Ambati Rayudu with 38. Gaikwad hit one remarkable six off legspinner Varun Chakravathy over the long-off fence, and pulled fast bowler Lockie Ferguson over long leg. Gaikwad was eventually bowled by Pat Cummins in the 18th over, at the end of which Chennai still needed 30 for an unlikely win. But Ferguson's bowling strayed. Jadeja sent one delivery to the fine leg boundary, then Ferguson gave up three no-balls, was smashed over deep square, and hit to the third man boundary. Ferguson gave up 20 off the over and left young paceman Kamlesh Nagarkoti to defend a nine-run lead in the last over. Nagarkoti did well to leave Chennai needing seven off the last two balls until Jadeja hit the penultimate ball over deep midwicket to tie the score. With one needed off the last ball to win, Jadeja pulled Nagarkoti over wide long-on and pointed to his name on his jersey. Jadeja scored an unbeaten 31 off 11 balls. Narine was wicketless from his four overs. The West Indies spinner conceded 23 runs. Cummins andChakravathy picked up two wickets each. Batting for Kolkata, Nitish Rana had only six after seeing 16 deliveries. But after 21 he was suddenly on 24 runs and rolling. He beat up bowlers Mitchell Santner, Lungi Ngidi, and Jadeja to reach 50 from 44 balls. Karn Sharma’s last over went for three consecutive sixes, and Deepak Shahar was hit for two boundaries in the 17th. Rana was caught at long on in the 18th on 87 off 61, including four sixes and 10 boundaries. It was in vain.