Performance bonuses for FEA staff

Good news for the staff of the Fiji Electricity Authority as a total of $1.2 million will be paid to them in performance bonuses this week.

Acting Prime Minister and Minister for Public Enterprise Aiyaz Sayed-Khaiyum also announced that about 70% of the bonuses will go towards the non-management staff.

Sayed-Khaiyum has also announced that about 13 companies have shown interest in buying government shares in FEA.

He says in the next few months they will be having interviews with all these companies and will see their proposals.

He told the FEA staff in a press conference that one of the reasons why government is interested in divesting some of its shares is because FEA’s loans are guaranteed by government which is over $350 million.

Sayed-Khaiyum has also assured the staff of the FEA that they will not be losing their job as it’s only about bringing efficiency in the company.