Report: UK-Jamaica Investment Forum 2012

Sponsored by BMCE, the UK-Jamaica Investment Forum, which took place on 29 March 2012 at the Drapers Hall in London, was a great success with some fascinating talks by respected experts from both sides of the pond. See previous blog posting for more information on the speakers.

Peter de Bruyne, Managing Director of BMCE, was honoured to be invited to speak on the effective marketing of luxury brands. The event was organised by Developing Markets. For more information: www.developingmarkets.com

 

 

Marley Coffee Signs Licensing Deal with Blue Mountain Coffee (Europe) for UK Roasting and Distribution

Marley Coffee Signs Licensing Deal with


Blue Mountain Coffee (Europe)


for UK Roasting and Distribution

 

Sustainably Grown, Ethically Farmed, Artisan Roasted Marley Coffee Continues to "Stir It Up" with International Expansion

LOS ANGELES and LONDONMarch 28, 2012 /PRNewswire/ -- Marley Coffee, a sustainably grown, ethically farmed and artisan roasted coffee, will soon be available throughout the United Kingdom.  After an extensive search to find an ideal partner for UK distribution, Marley Coffee (OTCBB: JAMN), today announced it has finalized a distribution agreement with Blue Mountain Coffee (Europe) Limited (BMCE), principal importer and representative of Jamaica Blue Mountain® coffee inEuropeRussia and the Middle East.

Under terms of the agreement, Marley Coffee will continue to manage the branding, marketing, and business development of the Marley Coffee product line from the US, while all roasting and distribution in the UK will be handled by BMCE.  The partnership will bring Marley Coffee to the UK marketplace immediately with the initial launch of three SKUs of new Marley Coffee Organic Ground: Marley Coffee One Love Organic Coffee Blend, Marley Coffee Buffalo Soldier Organic Coffee Blend and Lively Up! Organic Coffee Blend in 227-gram / 8-oz bags.

"The UK was extremely important to my father and continues to be a place of tremendous goodwill for my family and I. We are proud to have partnered with a respected company like BMCE and have been impressed by their dedication to our products and values," said Rohan Marley, chairman, Marley Coffee.  "We've received a very warm response in the UK for our other endeavors, such as the recent launch of The House of Marley audio gear, and we are confident the UK market will expand rapidly and take well to our Marley Coffee products."

BMCE has served as the "first port of call" among European traders and roasters for Jamaica Blue Mountain® green/raw coffee for the past 17 years, responsible for the importation, distribution and marketing for this quintessential luxury coffee that has experienced a surge in popularity in recent years.

Guy Wilmot, Director of BMCE, said of the new partnership, "It has been our dream to work with Marley Coffee since we first heard that a new coffee company was being founded by Rohan Marley. We got in touch early on with the aim of representing Marley Coffee much in the same way we represent the Jamaican coffee industry – as trusted partners who could bring to Europe Rohan's dream of producing amazing organic coffee blends, in keeping with his goal of producing ethically farmed coffees inspired by his heritage, belief in ITAL and giving back via the Kicks for Cause Foundation."

All Marley Coffee products live up to the Rastafari standards of ITAL, standing for all things Pure, True and Vital, which insists that all products are sustainably grown, ethically farmed and artisan roasted. A portion of every sale of Marley Coffee supports the Kicks for Cause Foundation. Started by Marley Coffee, Kicks for Cause aims to build playable soccer fields and soccer camps for children of coffee-producing communities in Jamaica. Please visit www.KicksforCause.org.

Wilmot concluded, "We believe Marley Coffee will be successful in the UK because Rohan's premium, organic coffee blends taste great and the entire organization has a dedication to and passion about producing ethically farmed coffees that is authentic and means something to people. It's not like other coffees."

For distribution opportunities in the UK, please contact Guy Wilmot at This email address is being protected from spambots. You need JavaScript enabled to view it..  For roasters/distributors in countries outside of the US and the UK who are interested in Marley Coffee, please contact This email address is being protected from spambots. You need JavaScript enabled to view it..

About Marley Coffee 

Marley Coffee (corporate name Jammin Java Corp) is a US-based company that provides premium, artisan roasted coffee to the grocery, retail, online, service, hospitality, office coffee service and big box store industry. Under its exclusive licensing agreement with 56 Hope Road, the company continues to develop its coffee lines under the Marley Coffee brand. Marley Coffee is a fully reporting company quoted on the OTCBB under the symbol JAMN.  For sales and distribution inquiries, please contact This email address is being protected from spambots. You need JavaScript enabled to view it.. Learn more at www.MarleyCoffee.com, join us on Facebook athttp://www.facebook.com/MarleyCoffee, and follow us on Twitter at http://twitter.com/marleycoffee.

Learn more about other Marley Family ventures by visiting The House of Marley at www.thehouseofmarley.com, Marley Beverage Company at www.MarleyBeverages.com, and 1Love.org at www.1love.org.

Forward-Looking Statement:

This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended (the "Acts").  In particular, the words "believe," "may," "could," "should," "expect," "anticipate," "estimate," "project," "propose," "plan," "intend," and similar conditional words and expressions are intended to identify forward-looking statements and are subject to the safe harbor created by these Acts.  Any statements made in this news release about an action, event or development, are forward-looking statements.  Such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties.  Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company.  These risks and others are included from time to time in documents we file with the Securities and Exchange Commission ("SEC"), including but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks.  Other unknown or unpredictable factors also could have material adverse effects on our future results.  Accordingly, you should not place undue reliance on these forward-looking statements.  Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that its forward-looking statements will prove to be correct. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected.  The forward-looking statements in this press release are made as of the date hereof.  The Company takes no obligation to update or correct its own forward-looking statements, except as required by law or those prepared by third parties that are not paid by the Company.  The Company's SEC filings are available athttp://www.sec.gov.

Media:

 

For Marley Coffee:

For BMCE:

Mike Rosen/Vanessa Giacoppo       

David Clarke

+00 1 516-767-9653       

+44 7773 225516

This email address is being protected from spambots. You need JavaScript enabled to view it.

This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

Investors:

 

Stuart T. Smith

 

+00 1 512-267-2430

 

This email address is being protected from spambots. You need JavaScript enabled to view it.

Check out our Youtube Jamaica Blue Mountain Coffee Page

To check out our Jamaica Blue Mountain coffee videos on Youtube, please visit http://www.youtube.com/user/BlueMountainCoffeeEU?feature=watch

We are particularly proud of the Jamaica Blue Mountain coffee documentary, which was on shot on location by BMCE in Jamaica in February 2011. 

Gleaner Article: Coffee Making a Rebound

Coffee Making A Rebound

Tuesday March 20, 2012, The Gleaner

The Coffee Industry Board (CIB) has declared that the coffee industry is heading towards a recovery phase.

The outlook for coffee in recent times has been negative, with the CIB predicting low yields this year as a result of the coffee berry borer and with farmers complaining about low prices and reduced markets.

However, a release from the coffee industry board today said there was increased confidence in the country’s ability to market the crop, new markets, and lower inventories in the established markets.

The CIB noted that all the coffee from the 2010-2011 crop has been sold.

It said at this point in time the coffee industry has exported some 709.8 tonnes of Jamaican coffee worth some US$18.1 million.

It said close to 80 tonnes of exportable grade coffee was also sold on the local market, which helped to increase the revenues from the crop.

Meanwhile, the Coffee industry board said it has transferred $40 million to the Development bank of Jamaica from the sale of green beans to China.

During the 2010-11 crops, the coffee industry suffered a severe disruption in market demand as a result of the World Economic recession, which resulted in several coffee dealers withdrawing from the market as a result of lower orders and a lack of funding.

This led to the CIB having to borrow $145 million from the DBJ Bank and US$880,000 from Ex-Im Bank.

The Coffee Industry Board said it has subsequently repaid a total of approximately $146 million towards this loan, and is on target to complete this Loan repayment by the end of this month.

BMCE to feature at Speciality Coffee Association of Europe World of Coffee Show 13-15 June 2012

BMCE is excited to announce that, as with previous years, it will represent Jamaica Blue Mountain coffee at the Speciality Coffee Association of Europe World of Coffee Show in Vienna on 13-15 June 2012.

The event, which already promises to be the premier speciality coffee gathering in Europe in 2012, will take place over three days and will include a major trade show and the coveted World Barista Championship, along with the World Brewers Cup, the World Cup Tasters Championship, and the World Cezve/Ibrik World Championship.

With more than 50 countries competing and an expected 12,000+ visitors from the global coffee community, BMCE always exhibits at this event to meet existing clients, offer Jamaica Blue Mountain coffee cupping demonstrations and meet new potential roaster/distributor clients. We look forward to seeing you there!

Full Programme of the BMCE-sponsored Fourth Annual Jamaica-UK Investment Forum

The Fourth Annual Jamaica-UK Investment Forum -

Jamaica’s 50th Year of Independence
Proposed Programme
9.00am – 10.00am Registration and Refreshments
10.00am –10.30am Official Opening
Video of Jamaica in 2012
Sancia Bennett-Templer, President, Jamaica Promotions Corporation
Graham Glover, Deputy High Commissioner, British High Commission
Joan Edwards, Deputy High Commissioner, Jamaican High Commission


10.30am-11.45am Session 1 – Invest in Jamaica: Manufacturing hub of the Caribbean and Gateway to the World
Jamaica’s geographical location at the centre of the Americas, with ease of access to the North and South American consumer markets and favourable trade arrangements with other important global markets, explains why the island is a strategic location to manufacture goods for domestic, regional and international markets. With the expansion of the Panama Canal scheduled for completion in 2014, the Port of Kingston in Jamaica is poised to reap the benefits of being one of only a few ports in the region with the ability to accommodate post-Panama ships. Investors at the Forum will learn about the many advantages of establishing manufacturing operations in Jamaica, which is considered a “low labour cost” destination.


Chair – Diane Abbott, MP, Chair, All-Party Parliamentary Group on the British Caribbean Hon Anthony Hylton, Minister of Industry, Investment & Commerce, Government of Jamaica Sancia Bennett Templer, President, Jamaica Promotions Corporation (JAMPRO) Nick Cooper, Executive Director, Cable & Wireless Marlene Street–Forest, Chief Executive, Jamaica Stock Exchange
Q & A session


11.45am – 12.15pm Refreshment Break


12.15pm – 1.15pm Session 2 –Jamaica’s fiscal and monetary policies - supporting investment
The Jamaican Government is committed to providing an economic and financial architecture attractive for its international investors. Speakers will highlight the country’s consistent fiscal, monetary and currency exchange policies, encouraging economic growth and stability. This session also looks at the fundamentals underpinning the Jamaican economy relevant to foreign direct investors.
Chair – Atam Sandhu, Chief Executive, Developing Markets Associates Dr Gladstone Hutchinson, Director General, Planning Institute of Jamaica (PIOJ) Marcelo Delmar, Managing Director, BNP Paribas Securities Corp Matthew Fleming, Director, Fleming and Partners (FF&P)
Q & A session
1.15pm – 2.30pm Networking Lunch

2.30pm – 3.45pm Session 3 – Investing in BPO and IT Export Services (ITES)

Jamaica is home to four of the world’s top 10 outsourcing companies, proof positive of the island’s status as the Caribbean’s leading near shore destination for Business Process Outsourcing (BPO) and IT Export Services (ITES). Much of the country’s success in this area is attributable to its cutting edge telecoms infrastructure, English-speaking labour pool, generous fiscal incentives and proximity to North America. This session will highlight leading trends in the sector and reinforce Jamaica’s impressive credentials in this burgeoning industry.
Chair – Rosalind, Baroness Howells of St Davids Claude Duncan, Vice President, Investment Promotions, JAMPRO Leon Isaacs, Managing Director, IAMTN Earl Jarrett, Managing Director, JNBS Marcel Horst, Managing Director, Excel Source
Q & A session


3.45pm-4.15pm Refreshment Break


4.15pm-5.30pm Session 4 – Invest in a Global Brand
Brand Jamaica is synonymous with tourism, sports, rum and coffee. Discover why some of the world’s leading investors and corporations have invested in the largest English-speaking nation in the Caribbean, which has been repeatedly cited by FDI Magazine for having the best infrastructure for foreign direct investments in the region. This session will provide testimonials from investors in Jamaica.
Chair – David Jessop, Managing Director, Caribbean Council Edwin Doran, Chairman, Tui Schools & Sports Peter de Bruyne, Director, Blue Mountain Coffee Christelle Harris, Director of Marketing, Hampden Estate
Q & A Session


5.30pm-5.40pm Closing Remarks Laurence Jones, European Regional Manager, JAMPRO
5.40pm-7.30pm Gala Drinks Reception –
Guest speakers: Levi Roots, Entrepreneur and Musician
Colin Jackson, Sports Personality

Prince Harry enjoys Jamaica Blue Mountain coffee on Royal Tour

Prince Harry Races, Cheats Versus Track Star

Posted Wednesday, March 7, 2012 7:35 AM ET

The Associated Press

KINGSTON, Jamaica -- It wasn't much of a race, but then it really couldn't have been as the world's fastest man and Britain's Prince Harry met up on a track Tuesday in the Jamaican capital.

Wearing a track suit emblazoned with Jamaica's colours of green, black and gold, the prince got off to a blatant false start and was about 50 metres down the track as Usain Bolt bent over with laughter. The Olympic medallist then jogged up to a grinning Harry, making one of his signature skyward points for a crowd of onlookers at the University of the West Indies in the Jamaican capital.

Harry then joined Bolt for a few pointing poses to an appreciative crowd.

Later, the two exchanged pleasantries and talked about running for a small audience, including many athletes. The prince noted Jamaica's international reputation as a track and field powerhouse and said it was impressive for a small nation of nearly 3 million.

"Don't go running off to America because you have a clear talent your country needs," he told a group of up-and-coming Jamaican athletes as he sat beside Bolt.

Harry is touring the Caribbean as part of a Diamond Jubilee tour in honour of Queen Elizabeth II as she celebrates 60 years on the throne. The 27-year-old prince, who made earlier stops in the Bahamas and Belize, arrived by private jet and received a 21-gun salute from members of the Jamaica Defence Force.

Harry also met with the new prime minister, Portia Simpson Miller, who repeated her position that Jamaica should sever ties with the British monarchy after a lighthearted lunch with Harry and several guests at a 19th-century Georgian-style mansion. Jamaica has been independent from Britain since 1962 but still recognizes the queen of England as the titular head of state.

"This is just another phase in our political history," she told reporters after the lunch, without offering a deadline for a possible change.

Though many older Jamaicans are fond of the woman affectionately known as "Mrs. Queen," pro-republic sentiment on the island has increased in recent years. Simpson Miller said that many Jamaicans were behind the move to replace the queen and instead adopt a republican form of government.

But she stressed that Jamaica would continue to have very close ties with Britain and that she harboured no bad feelings toward the queen.

"She is so warm. We're all in love with her," she said. Minutes before, she quipped that she was charmed also by Harry, telling reporters: "We might not let him go."

About a decade ago, former Prime Minister P.J. Patterson made a similar call to replace the queen but the effort fizzled amid political bickering. In 2002, Jamaica's Parliament moved to sever ties with its former ruler by changing its oath of allegiance from the queen to the Jamaican constitution.

The change to a republican form of government requires a public referendum and amending Jamaica's constitution.

Harry arrived for their lunch in a black Range Rover under heavy security. The two embraced and warmly chatted on the steps of the Devon House mansion, where they ate citrus salad with mango dressing, jerked pork, curried coconut shrimp and Jamaica's Blue Mountain coffee.

In an interview Thursday with The Associated Press, Simpson Miller said political change is necessary to eliminate the vestiges of colonialism.

"I think the fact that August coming will be 50 years since we have gained our independence, that it's time for us to sever the ties," she had said.

At the track stadium, though, there was nothing but enthusiasm for the prince, especially among the young women in the crowd. Female university students waved enthusiastically and cheered for him, calling for him to come out of his motorcade.

"It's the first time I have ever been this close to royalty," 23-year-old medical student Shikera Fearon said as the prince pulled away.

Jamaica sets up task force to deal with coffee berry borer

KINGSTON, Jamaica, CMC – Jamaica has established a task force to deal with the coffee berry borer that poses a serious threat to the industry.

The Coffee Industry Board (CIB) and other stakeholders including farmers are included in the initiative to deal with the microscopic beetle that invades the coffee berry in its early stage, eventually destroying it.

CIB Director General, Christopher Gentles, said that the initial work of the task force is to develop strategies to reduce the population of the Coffee Berry Borer pest to a level that does not threaten the economic viability of the industry.

He pointed out that if the pest is not controlled, the coffee industry could lose nearly J$432 million (US$5.02 million) in export earnings and farmers could lose as much as 50 per cent of their harvest.

Gentles said that some farmers have virtually abandoned their fields, thus providing a safe host for the borer, and this has allowed the population to increase dramatically.

“What we want to do is take back our industry and re-engage the farmers to the farms and to reap the berries. Currently, the level of loss has been estimated at 13.4 per cent for coffee that is received in the field. We want to reduce this to six per cent or lower.”

He said the task force will have as its primary duty, the containment of the pest by way of public awareness, training and public meetings, in collaboration with the coffee dealers.

“Our control strategy is based on three planks: reaping and field sanitation (the removal of dried, ripe and green berries); setting some 50,000 pheromone traps in the field that the CIB will be distributing; and using more environmentally friendly insecticide in order to bring down the population to acceptable levels,” Gentles said.

Jamaica Gleaner: Lowest Coffee Production In 20 Years

Published: Thursday | December 29, 2011, Jamaica Gleaner 

 

THE COMBINED effects of berry borer infestation, unfavourable weather conditions and farmer apathy could result in Jamaica's lowest coffee production in more than 20 years.

"When we did our crop estimate this year (2010-2011) we thought the crop might be as high as 234,000 boxes when the Advisory Services Division did its forecast. However, those numbers are being revised right now and it's looking as if it could be as low as 150,000, to 180,000, significantly lower after Gilbert," director general of the Coffee Industry Board (CIB), Christopher Gentles told AgroGleaner recently.

He added: "The incidence of berry borer damage is significantly higher than it was a year and a half ago. As a result, this year the crop is projected to be 30 per cent lower, at minimum, than last year and there are two big reasons. The first reason is that we had a fallout because farmers have got lower prices, extended late payment for deliveries and all of that."

Declining to give a figure on the national rate of infestation in the absence of a formal survey, Gentles disclosed that there are indicator farms showing rates above 31 per cent. He then went on to put in context the likely financial fallout. Our crop used to be benchmarked to earn, let's say US$25 million, so 10 per cent of that is US$2.5 million and then you have higher processing fees, we get lick two sides."

"The second reason is that the weather has been very even and we didn't get that usual dry spell in January, February. We got more even rains and as a result of that a lot of the trees in the higher regions didn't set a huge crop, "Gentles reported. "Now what that means is that, just like in citrus, coffee needs a little intense dry spell to get the very best flowering. If you have nice, even rains throughout, you don't get an intense flowering and you don't get an intense bearing. There is a lot of tree stock out there in good condition being cared for by competent farmers but haven't borne well this year," he pointed out.

In addition, there are some trees which have not been cared for because farmers were unable to afford to carry out pruning and other necessary work because of the late payment for coffee sold. Some farmers also told AgroGleaner that they were unwilling to carry out the necessary preparatory work for the new crop year, given the uncertainty about future payments. They have chosen to 'throw up" their fields and tend to other crops until they are assured of some stability in the coffee market.

Still, for Gentles, berry borer damage will be the most significant challenge, especially since the weather this year did not cooperate. "In the last three years what helped us is that the berry borer doesn't really like rain too much, so that October rain would have hampered their multiplication. This year we had a nice, even weather - not too much sun, no near misses with hurricanes, and what that means is that in combination with the farmers leaving up the fields we have increase in the berry borer population," said the Coffee Industry Board CEO.