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Don Wehby, Group CEO, GraceKennedy
GraceKennedy has signed a deal to increase the number of Western Union locations across the island.
At an investor briefing this week, GK's Group Chief Executive Officer Don Wehby, while not disclosing the other entity involved in the deal, said it will also offer further regional expansion opportunities.
He said GK has also signed another deal to expand its digital remittance service offerings.
These measures are expected to have a positive impact on the company's remittance business, which has seen some decline, as general remittance inflows fell in 2022, according to Mr Wehby.
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