Fiji Airports pays out $10 million interim dividend

Fiji Airports pays out $10 million interim dividend

By Mansi Chand
Monday 24/07/2023
FA Board Chairman, Mr Hasmukh Patel hands over the cheque to Prime Minister and Minister for Public Enterprises, Sitiveni Rabuka [Image: Fiji Government]

Fiji Airports has handed over an interim dividend of $10 million to the Fiji Government for the financial year 2022.

Prime Minister and Minister for Public Enterprises, Sitiveni Rabuka acknowledged the staff for their hard work and dedication while receiving the cheque.

Rabuka says it is encouraging to note that despite the challenges faced during the pandemic, Fiji Airports has prioritised capital projects such as the infrastructure plans for Nadi Airport and the outer islands.

He says it is important and critical as the visitor arrivals for the last few months has surpassed pre-covid levels.

He also commended the Board and Management for consistently reviewing and implementing cost-cutting measures and progressively planning without dismissing any staff.

Fiji Airports Board Chairman, Hasmukh Patel says in the past six years they have paid $175 million in dividends to the Government.

FEATURE NEWS
Decision to suspend will come from JSC - PM
Prime Minister Sitiveni Rabuka says the decision to suspend any public office holders will have to come from the Judicial Services Commission because ...
13 minutes ago
LATEST NEWS
I cannot order a Commission of Inquiry into FICAC - Rabuka
Prime Minister Sitiveni Rabuka confirms that he cannot order a Commission of Inquiry in FICAC, however, it can only be commissioned by the President ...
2 hours ago

EFL partners with World Bank to drive renewable energy transition in Vanua Levu
In an effort to move away from energy sources that harm the environment, Energy Fiji Limited has signed a Memorandum of Understanding with the World ...
2 hours ago

2 drivers and passenger hospitalised after tragic accident in Nasarawaqa, Bua
Two drivers and a passenger have been taken to the hospital after a tragic accident at Nasarawaqa, Bua, this morning. Police say they are awaiting ...
2 hours ago

Should taxpayers be paying for personal laptops and latest high end mobile phones for MPs?
Should taxpayers be paying for the personal laptops and latest high end mobile phones for Members of Parliament? Fiji Labour Party Leader, ...
2 hours ago

Historic move as UniFiji to move into Levuka
A historic agreement is expected to be signed today between Levuka Town Council and the University of Fiji. The signing will take place at ...
5 hours ago



fijivillage Straight Talk with Vijay Narayan
Latest Videos

Stay tuned for the latest news on our radio stations

CFL radio frequencies
yb
IN DEPTH
FICAC Saga
The Fiji Independent Commission Against Corruption conducted a search at the Electoral Commission relating to an ongoing investigation against ...
6 days ago

Drama at Rugby House
Issues that have been raised by Waisea Nayacalevu and other players regarding payments
15 days ago

George Speight pardoned after 24 years
2000 coup leader George Speight and CRW leader Shane Stevens granted presidential pardons and ...
16 days ago

TOP