Only 4% Of Jamaicans Do Business Online – IDB Study

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Only 4% of Jamaicans utilize online portals to transact government business.

That’s according to a recent survey conducted by the Inter- American Development Bank, IDB, in a number of Caribbean and Latin American nations.

General Manager of the IDB’s Country Department Caribbean Group and Country Representative for Jamaica, Therese Turner Jones, revealed the findings as she addressed  the launch of the Companies Office of Jamaica’s Electronic Business Registration Form at the Jamaica Pegasus Hotel in New Kingston on Wednesday.

She says in the Caribbean and Latin America, 90% of all transactions are still done in person.

Therese Turner Jones, General Manager of the IDB’s Country Department Caribbean Group and Country Representative for Jamaica.

She says, on average, it takes over four hours to transact business in the region.

Mrs Turner Jones says it costs taxpayers more money when transactions are done in person.

Meanwhile, Minister of Industry, Commerce, Agriculture and Fisheries, Audley Shaw, is urging small and medium sized entrepreneurs to join the formal sector by registering their businesses.

Mr Shaw says this would make it easier for this category of business owners to access capital.

Audley Shaw, Minister of Industry, Commerce, Agriculture and Fisheries.

He too was addressing the launch of the Companies Office of Jamaica’s Electronic Business Registration Form at the Jamaica Pegasus Hotel in New Kingston.

Among other things, the new system allows entrepreneurs to register their businesses online.



Stevian Simmonds is an investigative journalist with almost 3 years of experience in radio broadcasting, production and reporting. She graduated from Caribbean School of Media and Communication in 2014 and joined Nationwide News in 2016. In 2018, she produced a special report examining the working conditions of the Bussiness Process Outsourcing Industry. She worked undercover as a call center agent for a month, revealing the lack of data protection and general security infrastructure in the industry. Her report also highlighted the poor working conditions and remuneration faced by workers in the industry. In 2018, Stevian traveled to New Delhi India where she participated in the Inaugural WHO Partners Forum benefiting from critical training related to reporting on women’s and children’s health issues.


One thought on “Only 4% Of Jamaicans Do Business Online – IDB Study

  1. Yahjam Brian

    Jamaica has not yet developed an online purchasing culture. This is due in part to the under-development of eCommerce. Whenever there arises a transportation company in Jamaica that can provide cheap, reliable delivery services that can be utilized by online sellers, then Jamaican eCommerce will blossom. Along with it, an online tradition will develop that will boost that figure far above the 4 percentile.

    Reply

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