World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 

Fiji's SOE Directors Commended Amidst Sanctions


Directors commended amidst sanctions

Directors serving on Boards of State-owned Enterprises were commended for their contribution and sacrifice in serving the country in the face of travel bans.

Acting Prime Minister, Ratu Epeli Nailatikau made this statement while closing the two-day Seminar on Good Governance held in Suva on Friday, attended by Board Chairmen, directors and senior management staff of Government Commercial Companies and Commercial Statutory Authorities.

"The personal sacrifice that you and your families have made in these difficult times are indeed truly and deeply appreciated by Government," said Ratu Epeli.

Commending the successful conclusion of the seminar, he said, "I am confident that the issues discussed in the seminar have broadened your understanding of the critical and important role you play as company directors and senior managers in promoting and implementing good corporate governance policies within your respective organizations.

"I note that your deliberations over the last two days have covered a broad range of issues and topics in regard to good corporate governance.

"The challenge is now laid clearly before you, that is, to start implementing what you have learned first at the board and managers level, before introducing them at all the levels within your organizations," he said.

On ridding corruption in some State-owned entities, Ratu Epeli added that the renewed emphasis on good corporate governance by Government is an effort to reduce corrupt practices that have been prevalent in some of our organizations over the last few years.

"More importantly, we must ensure that Government Commercial Companies and Commercial Statutory Authorities are operating in an open and transparent manner in line with the policies of the Government," he said.

The Acting Prime Minister also called on the directors to continue to strive towards improving shareholders returns from their investments, and at all times, ensure that good corporate governance and transparency and accountability are not compromised.

The two-day meet was organised by the Ministry of Public Service, Public Enterprises and Public Sector Reform and funded by the Asian Development Bank.

ENDS

Latest World News | Top World News | World Digest | Archives | RSS

© Scoop Media

 
 
 
World Headlines

 

Rohingya Muslims Massacred: Restrictions On Aid Put 1000s At Risk

Amnesty: The Myanmar authorities’ restrictions on international aid in Rakhine state is putting tens of thousands of lives at risk in a region where mainly Rohingya people are already suffering horrific abuses from a disproportionate military campaign. More>>

ALSO:

Werewolf: Gordon Campbell On North Korea, Neo-Nazism, And Milo

With a bit of luck the planet won’t be devastated by nuclear war in the next few days. US President Donald Trump will have begun to fixate on some other way to gratify his self-esteem – maybe by invading Venezuela or starting a war with Iran. More>>

ALSO:

Victory Declared: New Stabilisation Funding From NZ As Mosul Is Retaken

New Zealand has congratulated the Iraqi government on the successful liberation of Mosul from ISIS after a long and hard-fought campaign. More>>

Gordon Campbell: On The Current US Moves Against North Korea

If Martians visited early last week, they’d probably be scratching their heads as to why North Korea was being treated as a potential trigger for global conflict... More>>

ALSO:

Gordon Campbell: On The Lessons From Corbyn’s Campaign

Leaving partisan politics aside – and ignoring Jeremy Corbyn’s sensational election campaign for a moment – it has to be said that Britain is now really up shit creek... More>>

ALSO:

 
 
 
 
 
 
  • Pacific.Scoop
  • Cafe Pacific
  • PMC