IMPORTANT NOTICE | Mayberry Investments Limited is a cashless institution.

Mayberry Investments Limited is a cashless institution.
Please note that cash deposits into any Mayberry account held at commercial banks, whether made in-branch or via Automated Banking Machines (ABMs), are not accepted and will not be processed. For information on accepted payment methods, please contact your Investment Advisor.

Jamaica on its way to becoming a digital society

June 23, 2022

Chief Digital Officer and Corporate Vice President, Microsoft US Global Technology Leader, Jacky Wright commended Jamaica for its progress in becoming a digital society.

She was speaking during a ‘Riverside Chat’ held as part of the Jamaica 60 Diaspora Conference, hosted by the Ministry of Foreign Affairs and Foreign Trade from June 14 to 16.

In accordance with the national development goals, the Government is making efforts to provide Internet access to every household and community. The Ministry of Science, Energy, and Technology has initiated a National Broadband Initiative to provide Last Mile connectivity across Jamaica by 2025. Special emphasis is placed on underserved and unserved areas.

Internet access has also increased through the establishment of free public Wi-Fi hotspots and community access point sites by the Universal Service Fund (USF), which targets major townships and communities, respectively. Impressed with the country’s journey, to date, Ms. Wright noted that Internet access is key to continuing the transformation process, especially as the coronavirus pandemic persists.

“I believe that technology has the power to be the great equalizer. We have a national identification system (NIDS) that we’re implementing along with data and information to create a holistic [digital] approach to how we provide services in this country. In doing that, we need to make sure that we bring everyone along,” she said.

Ms. Wright urged the Government to seek out partnerships that would more greatly create conditions for the transformation. Additionally, she mentioned that several opportunities exist within the Jamaican diaspora such as a digital currency, which can create an ecosystem that gets everyone involved.

“Also, when you think about biodiversity, water conservation, energy, and how we could provide energy for others using solar, there are also big opportunities there,” Ms. Wright said.

She believes that through increased partnerships, the diaspora can significantly contribute to Jamaica’s digital transformation.

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

More Stories from the Market
shutterstock_148562033
July 10, 2026   Jetcon Corporation Limited (JETCON) has advised that on June 30, 2026, a connected party purchased 100,000 JETCON shares. …
MIL
July 10, 2026 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for July 6, 2026, was J$8.75. MJE’s closing…
MIL
July 10, 2026 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for July 3, 2026, was J$8.61. MJE’s closing…
MIL
July 10, 2026 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for July 2, 2026, was J$8.42. MJE’s closing…
MIL
July 10, 2026 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for July 1, 2026, was J$8.40. MJE’s closing…
shutterstock_453968572
July 10, 2026 United States: US Says Iran Talks to Continue Despite Hormuz Skirmishes Talks between the US and Iran over a permanent peace de…
shutterstock_148562033
July 9, 2026   Supreme Ventures Limited (SVL) has advised that during the period July 2 to 3, 2026, connected parties purchased a total of …
shutterstock_316932977-700x441
July 9, 2026 Mexico strengthened its position as the United States’ largest trading partner in May 2026, after exports to the US reached a record…