GUARDIAN Group helped spread the love on Valentine’s Day as charities benefited from proceeds earned from the SHINE (Securing Hope for those in Need) 5K and 10K Charity Walk and Run held on January 14 at Nelson Mandela Park, St Clair. Forty charities received a total of $500,000 at a media conference at Guardian Group’s
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National Investment Fund up to $9.3b
Thursday 1 April 2021
Republic Bank s branch in Rio Claro. The National Investment Fund owns 26 per cent in the Republic Bank group. - Photo by Marvin Hamilton
The value of the National Investment Fund rose to $9.3 billion in 2020, an increase of $1.3 billion since it was set up in mid-2018, chairman Vishnu Dhanpaul reported.
Although the amounts are at lower levels due to the economic impact of the covid19 pandemic, Dhanpaul noted the fund has received a steady stream of dividend payments from investments in Republic Bank, Angostura Holdings, West Indian Tobacco Co Ltd (Witco), One Caribbean Media Ltd (OCM) and Trinidad Generation Unlimited (TGU).