Business in brief

KRyS Global

KRyS Global sponsored Junior Achievement students from Cayman Brac, so they could attend the important officers training which occurs every year at the beginning of the Junior Achievement programme. The training enables students to learn from the experience of industry leaders in areas such as leadership, marketing, human resources, finance and production.

“I have always been very impressed with Junior Achievement and the opportunity to support the Cayman Brac students was an honour for KRyS Global” said Ken Krys, founder and CEO of KRyS Global.

KRyS Global funded the costs of travel for the entire Brac team, which included five students and the JA Brac Adviser, Mr. Alfanso Gayle. This year’s training was held at the Clifton Hunter school campus.

There are 250 students participating in the company program this year across 12 JA companies, including the Cayman Brac company, known as “Sensational Creations”.

“The officers training is a very important part of the company programme as it provides students with direct exposure to key principles and real world experience from the trainers on the day”, said Paul Byles, president of Junior Achievement Cayman Islands. “The support of KRyS Global was key to the participation of our Brac students and we are very grateful for that.”

Junior Achievement is celebrating its 20th year in the Cayman Islands and more than 1,100 students participate in at least one of JA’s three initiatives each year, including the company program, the Economics for Success and Business Ethics programmes.


Marcus and Monique Simmonds, owners of Tortuga Rum Cake Company/Tortuga Imports, Inc. have been named finalists in the 2011 Jamaica Observer Business Leader Awards. This year, the newspaper has turned the spotlight on 10 entrepreneurs within the Jamaican Diaspora, who have made significant contribution to the economic development of their adopted country.

As finalists, the Simmonds’ success in building Tortuga Rum Cakes into a global product and international brand was featured in the Jamaica Observer.

“We are very honoured and humbled to be recognised along with such inspiring and successful fellow Jamaican entrepreneurs,” says Monique Hamaty-Simmonds, president and CEO of Tortuga Rum Cake Company. Her father, Robert Hamaty and his wife, Carlene, started the Tortuga Rum Company in Grand Cayman in 1984.

Walkers Management Services

Walkers Management Services reminded its clients of the January deadline for annual registration fees for Private Trust Companies.

“The registration fees for Private Trust Companies and annual declaration signed by the directors are required by the Cayman Islands Monetary Authority prior to 31 January of each year,” said Charlotte Cloete, assistant vice president with Walkers Management Services. “We are in contact with our clients to ensure we receive their signed declarations and fees by the end of December, so that we can make these filings in a timely manner.”

Specialising in corporate and fiduciary services, Walkers Management Services, acts as trustee to the full range of Cayman Islands commercial trust vehicles.

Kirk Office Equipment

Kirk Office Equipment partnered with the Cayman Islands Red Cross in support of the organisation’s year-long 50th anniversary celebrations. In July and August, Kirk Office Equipment donated 10 per cent of its back to school supply sales.

Following a presentation by Cayman Islands Red Cross Director Jondo Obi, Kirk Office Equipment committed to train key employees in the Red Cross First Aid, CPR, and AED (Automated External Defibrillator) training programme.

Higgs & Johnson

Higgs & Johnson donated to the Cayman Islands Crisis Centre to help renovate the Safe Shelter Facility. Established in 2003, the Cayman Islands Crisis Centre is the Cayman Islands’ first and only safe shelter for women and their children who are victims of abuse and sexual assault.

While access to safe and abuse-free shelter is the centre’s main objective, the organisation says the centre should be comfortable, uplifting and a place for hope, inspiration and healing. With that in mind, Higgs & Johnson’s donation will assist in the purchase of artwork for the shelter.

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