6 Things You Need To Know Today – July 28, 2016

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  1. Fixing The NIF – Financial Experts Say Penalties, Proper Asset Management Needed For Insurance Scheme. Making the necessary changes to ensure ongoing sustainability of the National Insurance Scheme (NIS), Jamaica’s version of a state pension, will require greater political will in order to achieve more compliance by workers and their bosses, with legal sanction for both groups guilty of non-payment…Read more at Jamaica-Gleaner.com
  2. Whatsapp Fraud? – Prosecutors Outline How Platform Was Allegedly Used In Multimillion-Dollar Crime. A prosecutor yesterday outlined how two officials at the Manchester Parish Council allegedly used Whatsapp, the Internet-based messaging platform, to orchestrate a fraudulent scheme that has defrauded the Government of $95 million and counting…Read more at Jamaica-Gleaner.com
  3. Feeding Of The 5,000 To Celebrate Delivery Of 10,000 Meals To Less Fortunate. The Feeding of the 5,000 Outreach Foundation is celebrating the doubling of its original goal after delivering 10,000 meals to the less fortunate, an achievement that has left chief organiser Jordan Bennett ecstatic…Read more at Jamaica-Gleaner.com
  4. Dominica Defends Citizenship Programme As Boost To Economy. The Dominica government defended its decision to introduce a Citizenship by Investment Programme (CIP), saying that it had contributed significantly to the socio-economic development of the island…Read more at Jamaica-Gleaner.com
  5. Jamaican Economy Seen As Moving Closer To Dollarisation. An increasing trend for Jamaicans to make deposits in United States dollars in commercial banks as well as non-bank financial institutions is a sign of the dollarisation of the local economy, according to co-chair of the Economic Programme Oversight Committee (EPOC), Richard Byles…Read more at Jamaica-Gleaner.com
  6. Social Media In Frenzy Over Portia’s Assets. Social media went into a frenzy over the past 24 hours after the release of documents detailing Opposition Leader Portia Simpson Miller’s liquid assets, valuing approximately $15 million…Read more at Jamaica-Gleaner.com