‘We have been ignored for most of our life,’ says FTSE 100’s newest bank Banking Lion Finance thought of itself as the London Stock Exchange’s wallflower. But after its promotion the the market’s blue-chip index earlier this year, the bank is finally getting noticed. Shares in the group formerly known as Bank of Georgia have enjoyed a quiet ascent since the beginning of 2022. In that four-year window the stock [...]
Georgia PM’s Starmer outburst over City AM sanctions scoop Life&Style The Prime Minister of Georgia has launched a bizarre attack on the UK government after City AM revealed that consumer giant P&G had axed its advertising with the country’s biggest media group – and Nestle may soon follow suit. Prime Minister Irakli Kobakhidze described the decisions, which came in the wake of sanctions applied by [...]
Procter & Gamble axes relationship with Kremlin propaganda channel Retail Procter & Gamble is the latest firm to cut ties with a Georgian TV channel after it was sanctioned by the UK and labelled a mouthpiece of the Russian state, City AM can reveal. The giant behind brands including Gillette and Pampers had continued to advertise with Imedi TV despite the company being flagged on [...]
Mikheil Kavelashvili: The Man City forward who is now the disputed president of Georgia December 30, 2024 When most footballers conclude their playing careers they tend to go into management, punditry or business. But not Mikheil Kavelashvili. The former Manchester City striker has this week been sworn in as president of Georgia. He was the only candidate on the ballot and his election has been disputed following controversial wider elections and protests [...]
Georgia goes to the polls in make-or-break vote for country’s future October 26, 2024 Georgians headed to the polls on Saturday in a ballot many citizens see as a make-or-break vote on the opportunity to join the European Union. The pre-election campaign in the South Caucasus nation of 3.7m people has been dominated by foreign policy and marked by a bitter fight for votes and allegations of a smear [...]
Georgia Capital: Investment trust charts recovery after Tbilisi protest crash August 13, 2024 Georgia Capital, a UK-listed investment trust that owns around five per cent of Georgia’s economy, has charted its road to recovery after crashing during the country’s protests. In May, protests began against the Georgian parliament in Tbilisi due its new foreign agents law, which will see NGOs and independent media receiving 20 per cent of [...]
Georgia’s president vetoes media law that has provoked weeks of protests May 18, 2024 Georgia’s president has vetoed the so-called “Russian law” targeting media that has sparked weeks of mass protests in the country.
Georgia: Why our protests are the new frontline against Putin-style democratic crackdowns across Europe May 18, 2024 Protests in Georgia are continuing over plans to introduce a ‘Putin-style’ law against ‘foreign influence.’ Here, academic Gia Jandieri – under threat himself from the new legislation – explains why Georgians are taking to the streets Controversial? Divisive? No, More Than That, It’s Unlawful and Anti-Constitutional To understand where we’ve got to, we must start [...]
Georgia Capital begins share buyback following country’s protests May 17, 2024 Georgia Capital has moved to reduce the gap between its share price and underlying net asset value.