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GBTI Soars with 43% Profit Jump | Guyana News

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aflevering GBTI Soars with 43% Profit Jump | Guyana News artwork

Beschrijving

GBTI’s half-year report reveals a 43% surge in profit after tax and a 44% jump in EPS, signaling strong financial health and effective strategy. With an 18.3% return on capital employed, the bank is maximizing its resources. Deposits rose 13% to 286 billion, reflecting client trust in GBTI’s customer-focused approach. Chairman Suresh Beharry outlined future goals: grow profits, enhance digital tools, deepen client relationships, and maintain financial discipline. This momentum follows a solid 2025, with profit after tax climbing to 4.5 billion. GBTI is clearly on a steady upward trajectory, poised to evolve into a more agile and innovative financial institution. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/c6243254c6814860

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aflevering XAU Targets Guyana Gold Project | Guyana News artwork

XAU Targets Guyana Gold Project | Guyana News

Canadian gold explorer XAU Resources is set to acquire QS Holdings, parent company of Guyana’s Quartzstone Gold Project, in a $70 million deal expected to close by next year’s third quarter — a move that’s raising eyebrows due to two XAU directors also holding stakes in QS Holdings, hinting at a related-party transaction. The 296-square-kilometer project, comprised of 83 mining permits, boasts historical gold data but no recent exploration since its acquisition last year. Meanwhile, rival Fortuna Mining has already struck a $5 million earn-in deal with Qstone Inc., the project’s operational arm, aiming to secure up to 70% ownership through drilling and feasibility work — a strategic play into the gold-rich Guiana Shield. XAU has acknowledged Fortuna’s agreement and plans to proceed with its acquisition, pending approvals, while Fortuna prepares to spend $5.5 million on initial exploration, including airborne surveys and drilling. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/377ca97ac3b0a029

27 jul 20262 min
aflevering Warriors Dominate Qalandars by 53 | Guyana News artwork

Warriors Dominate Qalandars by 53 | Guyana News

The Guyana Amazon Warriors roar to a 53-run victory over the Lahore Qalandars, staying undefeated and atop the Global Super League with six points. Gurbaz’s explosive 65 off 35 balls set the tone, but the middle order stumbled after his dismissal. Captain Bracewell’s early wickets of Hetmyer and Powell dented Qalandars’ chase, which collapsed for 13 runs after losing two quick wickets. Gudakesh Motie was the hero with 4 for 19, including a stunning two-wicket over. The Warriors now eye the final, while the Desert Vipers and San Francisco Unicorns clash next. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/b7f30a18d34325e4

27 jul 20261 min
aflevering Barima Inquiry Faces Political Scrutiny | Guyana News artwork

Barima Inquiry Faces Political Scrutiny | Guyana News

President Irfaan Ali has launched a high-profile five-member Commission of Inquiry into the MV Barima capsizing tragedy, which claimed at least 73 lives and left 30 missing. Chaired by Belizean Justice Godfrey Phillip Smith and featuring global maritime experts, the commission will probe every angle—from vessel safety and cargo handling to crew training and rescue failures. Yet, opposition parties are furious, accusing the president of bypassing them and raising alarms over transparency, citing past non-public reports. They’re demanding live-streamed proceedings and parliamentary oversight, insisting international experts be included to ensure credibility—and warning that without genuine independence, public trust in the investigation will crumble. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/b8f337e572e83a7d

27 jul 20261 min
aflevering Tensions Pause as Diplomacy Takes Hold | Guyana News artwork

Tensions Pause as Diplomacy Takes Hold | Guyana News

Tensions between the U.S. and Iran have paused for a second straight day, offering a fragile window for diplomacy after two weeks of escalating strikes. A surprise Omani mediation visit to Tehran helped broker the truce, but deep mistrust—rooted in past broken promises and aggression—still looms large. Iran has halted its retaliatory operations in the Gulf, calling them defensive, but warned that any U.S. escalation could spark a wider war. Meanwhile, the U.S. maintains its naval blockade, while Iran’s Revolutionary Guard fires warning shots at vessels attempting to transit key straits. Public opinion in America is sharply divided, with less than 30% approving the president’s strategy, and Israeli PM Netanyahu is set to meet with Trump, vowing a harsh response to any Iranian aggression. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/d3ab844b98fdba6a

27 jul 20261 min
aflevering Leaders Demand Minister Resign Over Ferry Tragedy | Guyana News artwork

Leaders Demand Minister Resign Over Ferry Tragedy | Guyana News

Two top hinterland leaders are demanding the resignation of Guyana’s Public Works Minister over the deadly MV Barima ferry disaster, accusing him and his team of ignoring safety failures that led to lives lost. Romario Hastings blames political appointments and misallocated resources, while Chris Debideen, who lost family members in the sinking, calls for modern, safe river transport and swift accountability. Both leaders argue that leadership must be held responsible — not just for investigations, but for systemic reform that prevents future tragedies and restores public trust. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/0b9cf2798afb050f

27 jul 20262 min