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Month

//October 2022

Colombia Business News Recap – Halloween 2022 Edition (Scary Stuff!)

This past week: Nationwide protests, the falling peso, land redistribution, Ecopetrol, Petro's pal Lula, Quintero's Hidroituango crisis, & more!
Posted On October 31, 2022
, By Loren Moss
Dictador TOTEM, Mopa Mopa collection.
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Dictador Rum Launches Cartagena-Produced Mopa Mopa Limited Edition

Katowice, Poland headquartered Dictador Rum, with a Cartagena, Colombia production facility has announced their second edition Mopa Mopa rum, Totem. The company says the brand was established to preserve cultural diversity, encourage traditionalism in art, and honor indigenous...
Posted On October 31, 2022
, By Loren Moss
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What Jumps Out: Busy Week Ahead

Last week ended with the Central Bank increasing rates from 10-11%, fully as expected but FinMin Ocampo was part of a unanimous vote of 7-0 despite public comments suggesting rate increases wouldn’t slow supply side inflation. His reply was that he wanted to help the...
Posted On October 31, 2022
, By Rupert Stebbings
Protesters in the Colombian capital of Bogotá, Colombia: EEIM – CC BY-SA 4.0,
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Protests Expected Today In Bogotá, Medellín, Cali Colombia – Expect Traffic & Security Challenges

In Bogotá complete blockages of El Dorado Avenue leading to and from the airport are possible, so plan accordingly.
Posted On October 28, 2022
, By Loren Moss
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What Jumps Out: Waiting For BanRep

The Central Bank will sit down shortly over fine Colombian coffee and, no doubt, a few cheeky pastries to discuss what to do about interest rates. The current 10% is not going to get the job done and the consensus is for a move to 11%. The question that remains is whether that is...
Posted On October 28, 2022
, By Rupert Stebbings
Apple's iPhone 14 was released earlier this month (photo: Apple)
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With Christmas Coming, Here’s Why Apple’s Newest iPhones Remain Banned In Colombia

The latest Apple iPhones are contraband in Colombia for now, but the reason may surprise you.
Posted On October 25, 2022
, By Sonia Romero
Mayor Quintero plays Captain Planet for adoring foreigners. (photo: Twitter)
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Medellín Mayor Daniel Quintero Pretends To Ban Gasoline Vehicles – To Win Friends And Influence Abroad?

Quintero is pretending to make laws for a mayoral administration 3 terms into the future. Why would he do this?
Posted On October 25, 2022
, By Loren Moss
I will not be upgrading to the new R series as long as there is doubt regarding the availability of 3rd party lenses
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Why We Won’t Be Using The Canon EOS R Series Under Current Circumstances

I will not be upgrading to the new R series as long as there is doubt regarding the availability of 3rd party lenses
Posted On October 24, 2022
, By Loren Moss
Photo © Loren Moss
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Exclusive: CEO Luis Roberto Rivas Shares Ron Viejo de Caldas’ Secret Recipe For Liquor Dominance With Finance Colombia

ILC was a company that back in 2019 had 34% market share in the rum category. In just two years that grew to 66% of Colombia's rum market.
Posted On October 22, 2022
, By Loren Moss
Photo courtesy grupo Nutresa
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With 4th Tender Offer For Nutresa Opening November 3, What Is Behind Jaime Gilinski’s Battle For Control of GEA?

The powerful Colombian banker and real estate developer Jaime Gilinski (Publicaciones Semana, Banco GNB Sudameris, Lulo Bank, Servibanca, etc.), the second richest person in the country, is making his move in the hope of undoing the castling of the Grupo Empresarial Antioqueño...
Posted On October 21, 2022
, By Sonia Romero
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