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Daily Archives: April 4, 2018

Torn Jacket Inspires Students’ Startup – PatchUp

PatchUp • ფეჩაფი

Oto Kakhadze and Zuka Kipiani, 21-year cousins, have launched their own startup, having found the Georgian market could not satisfy their special needs: “My jacket was torn up. I could not sew it. I could not do anything. Finally, I learned about patches and I ordered them”, Oto Kakhadze noted …

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Proving Myths Wrong Every Day

“Village women have no easy life. Daily tasks never end. Though I believe you can do a lot for yourself, for your family, for your community. It takes effort, but it’s possible,” says Keti Gorelishvili. Keti lives in Sakobiano, a small village in Pankisi Gorge, populated by a Muslim community. …

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Fighting Poverty and Discrimination

“It’s not easy to be a woman, especially if you live in rural areas. But I tell all women I meet that they need to go out into the world and see what they can do for others. You can’t make your little home perfect if your big home is …

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Women That Inspire Us: Irma

Irma Khetsuriani, 34, is number one is everything she does. Irma is Georgia’s first wheelchair woman fencer, first champion of the Wheelchair Fencing World Cup, and first Goodwill Ambassador for the Sustainable Development Goals. “Wheelchair makes you neither victim, nor hero. I can be strong, I can do good things. …

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Moody’s Upgrades Rating Of Bank of Georgia’s Senior Notes

BGEO Group PLC said Thursday that credit rating agency Moody’s Investors Service has upgraded the credit rating of unit JSC Bank of Georgia’s senior unsecured notes by two notches to Ba2. The outlook on the senior unsecured notes has been changed to stable, from rating under review. The credit rating …

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Our Goal is To Receive BBB Investment Rating As Soon As Possible: PM

The Prime Minister of Georgia, Giorgi Kvirikshvili, responded to the improvement of Georgia’s credit rating from Ba3 to Ba2, rating published by the international rating company Moody’s. Kvirikashvili pointed out that the goal of the government is to improve this rating quickly, which will put the country on a new …

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Georgia Initiates “Step toward a Better Future” Program

The Georgia authorities are taking concrete steps under the reconciliation and engagement policy, which seek to improve the humanitarian, social, and economic conditions of the populations in the Regions of Abkhazia and Tskhinvali, and to encourage contacts, movement, and relations based on mutual interests along and across the administrative boundary …

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Cargo Turnover Declines in Georgian Corridor

Georgia Sets Preferential Tariff on Kazakh Cargo Transit

Cargo turnover continues declining in Georgian corridor. In January-February 2018, Georgian corridor handled 5.5 million tons of cargo, down 0.3 million tons year on year. In 2017 total volume of transported cargo made up 41.5 million tons, 2016 – 42.3 million tons, 2015 – 44.2 million tons. Volume of cargo …

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