ITS 3.7%

NPF announces 3.7% credit rating with $95m paid to members’ account By IAN M.KAUKUINewsroom, Honiara   THE Solomon Islands National Provident Fund (SINPF) on Wednesday announced a credit rate of 3.7% to its members’ contribution for the 2020 financial year, a less of 2.1% from last year which is 8.5%.  This means a total of $95million…

NPF interest rate announcement

THE Solomon Islands National Provident Fund (SINPF) Board will today declare the 2019/2020 crediting rate to members’ contribution. The official announcement will be held today at the A’hara conference room at the Heritage Park Hotel during the lunch hour. SINPF Board Chairman Dr. Jimmie Rodgers will make the official announcement. Last year, SINPF Chairperson Dr.…

Passport renewals now in Australia

The Consulate General of Solomon Islands in Brisbane, Australia has opened its doors as the country’s first diplomatic mission to offer passport renewal services to Solomon Islanders outside of the country on Monday. Consul General Kereta Sanga in a statement issued by the Government Communication Unit, indicated that the passport renewal services is a culmination…

Gold Ridge Mining Limited donates to schools

The ownership of Gold Ridge Mining Limited (GRML) consists of Wanguo International Mining Group (70 percent), AXF Resources (20 percent) and Gold Ridge Landowners through the investment company Goldridge Communities Investment Ltd (GCIL) (10 percent).  This ownership structure, with landowners having equity in the project and representation on the Board of GRML, means that the…

Tina River Project appoints HR firm to train locals 

HONIARA, (SOL GOVT) – Local firm Pasifiki HR has been awarded the contract to deliver pre-employment, vocational and technical training programmes aimed at building local capacity under the Solomon Islands Community Benefit Sharing Programme (CBSP) for the Tina River Hydro Development Project.    This appointment reflects the Solomon Island Governments’ commitment to prioritising local organisations…

REFUND BOOSTS SAVINGS

10% tax refund boosts NPF youSave members By IAN M.KAUKUINewsroom, Honiara   THE roll out of the 10% tax refund to ‘youSave lo mobile’ members of National Provident Fund (NPF) announced by the Minister of Finance last month has boosted members’ savings. Speaking at a joint press conference with the two national mobile network operators…

Kuma: no more mistakes

ONE of the basis of developing the revitalised Development Bank of Solomon Islands’ (DBS) strategic plan is that the mistakes of the past will not be repeated. Minister for Finance and Treasury Harry Kuma confidently stated it boldly on the floor of the parliament when he wind up ‘The 2020 Supplementary Appropriation Bill 2020’ debate…

SolTuna, WP sign deal

The Soltuna Company Limited (LTD) and Western Provincial Government (WPG) through its business arm have signed a renewed tenancy agreement formalising the forty-six properties which the fishing company had rented on behalf of its employees working in the tuna industry there in Noro. The newly signed lease which was done on 14th August has been…