NPF declares $276m profit NATIONAL Provident Fund (NPF) is paying out another 10 per cent interest rates to its members. This was the same rate it paid to its members at the end of the last financial year. Yesterday, Finance minister Snyder Rini announced another 10 per cent pay-out, while declaring a profit of $276…
MINISTER of Finance and Treasury, Snyder Rini has assured government’s commitment towards the National Provident Fund (NPF). Speaking at the end of the Fund’s financial year yesterday, Rini said the government will continue to support the intentions of the Fund in its investment endeavors to deliver sustainable growth of members’ wealth for retirement. “Moreover, the…
CHAIRMAN of National Provident Fund, Peter Boyers says the domestic equity investments continued to perform strongly again this year. Speaking at the end of the Fund’s financial year yesterday, Boyers said this was seen by the increase in their cash dividends from their domestic equity investments; a) South Pacific Oil Limited (SPOL), b) Solomon Telekom…
Police are now ready to start using Breathalyzers this weekend following going through an extensive campaign of advising people about the implementation program under the new legislation. Police Commissioner Frank Prendergast said the idea of the breathalyzers is not to catch people and not to raise revenue but is to change behaviour of people drinking…
Member of Parliament for Lau/Baelelea, Augustine Auga has returned his allegiance with the Democratic Coalition for Change Government (DCCG). Auga was part of the group that tried to oust Prime Minister Manasseh Sogavare in a political upheaval including former Deputy Prime Minister, Douglas Ete. Caucus officials confirmed on anonymity Mr Auga attended caucus meeting on…
The Royal Solomon Islands Police Force (RSIPF) will be carrying out an operation code name “You and me together” starting today to provide security, law and order in the upcoming national events in the country. Police Commissioner Frank Prendergast told media personnel at the weekly police conference yesterday that the operation will be covering the…
The Solomon Islands National University (SINU) has announced the recruitment of Charlie Panakera as its new Director for Tourism and Hospitality. Mr. Panakera who hails from Ranoggah, Western Province is the founder of the Tourism Department at Waikato Management School, University of Waikato, New Zealand. His expertise is drawn from experiences as a Pacific Island…
Prime Minister Manasseh Sogavare says the new police facility that was opened Wednesday is the Government’s latest efforts to address the third aspect of the force, the National Operations Response Capability. The new National Response Department Building of the Royal Solomon Islands Police Force (RSIPF) was officially launched yesterday in a ceremonial event. This facility…
Newly appointed Provincial Police Commander (PPC) for Rennell and Bellona Province Peter Sitai wants the traffic laws to be enforced in the two southern most Islands of the country. He revealed this to the Solomon Star during a short visit to Rennell recently. The PPC said vehicle accidents and unlicensed drivers is one of the…
BUS operators providing public service transport between Northwest Guadalcanal and Honiara are being urged to keep their buses clean and tidy at all times. Not only that but bus conductors must also neat and tidy. This follows complaints and concerns raised by commuters traveling in mini-vans that are providing transport daily between the two areas.…