Business View Caribbean | November 2020

60 BUSINESS VIEW CARIBBEAN NOVEMBER 2020 The Jackie Robinson Fortitude Award from Canada, and the Private Sector Champion Award – SEBI for the Jamaica Social Stock Exchange.” According to Mrs. Street Forrest, cess Income in 2019 only contributed 35% to the overall income stream, while other areas such as the e-Campus were stepping up and making meaningful contribution to the JSE’s revenue stream. (A cess is a form of tax levied by the government with specific purposes until the government gets enough money for that purpose. Different from the usual taxes and duties, like excise and personal income tax, a cess is imposed as an additional tax besides the existing tax). Mrs. Street Forrest adds, “The stellar performance of the Exchange reflected in its share price, which increased by 168.8% in 2019, was significant to shareholders.”