{"id":27912,"date":"2026-01-15T19:05:53","date_gmt":"2026-01-15T23:05:53","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=27912"},"modified":"2026-01-15T19:05:53","modified_gmt":"2026-01-15T23:05:53","slug":"local-businesses-urged-to-embrace-publicly-traded-model","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/local-businesses-urged-to-embrace-publicly-traded-model\/","title":{"rendered":"Local\u00a0businesses\u00a0urged to\u00a0embrace publicly traded model"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p><strong>-by Jarryl Bryan<\/strong><\/p>\n\n\n\n<p>President Dr Mohamed Irfaan Ali has challenged more\u00a0family-owned businesses\u00a0to embrace publicly traded stocks, among other innovations.\u00a0He explained that corporate Guyana developed on the back of\u00a0family-owned\u00a0enterprises and while this has steadily\u00a0changed over the years, there is more room for growth. <\/p>\n\n\n\n<p>The president made these remarks while attending the opening of Banks DIH\u2019s new malt bottling plant. President Ali noted that more companies should\u00a0allow\u00a0Guyanese to buy and own stocks. This is a way of raising capital and encouraging\u00a0an\u00a0investment\u00a0culture\u00a0within the country.\u00a0<\/p>\n\n\n\n<p><strong>\u201cAs more local\u00a0family-owned businesses mature, they too should consider graduating toward greater public ownership. Because shareholding strengthens governance, improves access to capital and most importantly, it allows more citizens to participate directly in the growth of the economy<\/strong>,&#8221; the president said. <\/p>\n\n\n\n<p>The Head of State also acknowledged Banks DIH\u2019s introduction of employee stock options, enabling\u00a0workers to own shares\u00a0and\u00a0invest\u00a0more than\u00a0their time and energy into their place of employment.<\/p>\n\n\n\n<p><strong>\u201cBanks DIH even went further. It did not stop at public shareholding. It provided its workers with opportunities to become shareholders. Think about the power of that idea. When a worker is also an owner, something changes. Loyalty\u00a0deepens, productivity improves. Industrial relations stabilise. The company becomes more than a place of employment. It becomes a shared enterprise<\/strong>,&#8221; he said.<\/p>\n\n\n\n<p>The new bottling plant forms part of Banks DIH\u2019s continued expansion and is expected to support local jobs, increase exports, and strengthen Guyana\u2019s beverage industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>-by Jarryl Bryan President Dr Mohamed Irfaan Ali has challenged more\u00a0family-owned businesses\u00a0to embrace publicly traded stocks, among other innovations.\u00a0He explained that corporate Guyana developed on the back of\u00a0family-owned\u00a0enterprises and while&hellip;<\/p>\n","protected":false},"author":1,"featured_media":27841,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[361,365,350],"tags":[488,370,412,405],"class_list":["post-27912","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-and-economy","category-human-development","category-news","tag-488","tag-guyana","tag-ncn-guyana","tag-ncn-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/27912","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/comments?post=27912"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/27912\/revisions"}],"predecessor-version":[{"id":27913,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/27912\/revisions\/27913"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/27841"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=27912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=27912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=27912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}