You can access the latest Solomon Islands National Provident Fund news and media releases below.
Tenders are invited for the purchase of the following Vehicles on “as where is basis”.
South Pacific Oil Limited (SPO) Board Chairman, Mr Gideon Zoleveke Jr.
Members of the SPO Board
SPO General Manager, Mr. Carson Corowa
SPO Chief Finance Officer, Mr. Kunal Nandan
SPO Management and Staff
SINPF Board, Management, and Staff
Invited Media
An hour or so ago, South Pacific Oil Limited (SPO) held its Annual General Meeting (AGM) in which the AGM approved a total Dividend amounting to SBD 73 million for the 2017 financial year that ended on 31 December 2017.
The Chairman of the Board of Heritage Park Hotel Limited, Mr Mel Togolo MBE, said “It is not my role to speak on behalf of Solomon Islands National Provident Fund, and I don’t purport to, but I am extremely disappointed that the good name and reputation of Heritage Park Hotel is being denigrated by negative press articles related to returns to SINPF.” Mr Togolo added “I was appointed to the Board by Nasfund of Papua New Guinea, who are the majority shareholder in Heritage Park Hotel.
The Manager Finance position with the Solomon Islands National Provident Fund will be vacant on 6th April 2018 and as required by Fund Policy this is now being advertised.
For more information please visit Job vacancies page.
The recent negative press coverage on NPF investments latest being titled above in SS issue number 6826 on Monday 12th February 2018 obliged us to reassure our contributing members that their funds worth more than $2.7 billion under our management as at 30 June 2017 are safe, growing and their values continued to be protected against inflation. These funds are invested in various assets in a number of markets worth more than $3.1 billion as at 30 June 2017.
Over the past 12 years to 30 June 2017 our members who had been with the Fund had enjoyed an average annual rate of return of 10.2% per annum on their contributions. After adjusting for inflation, their real average annual rate of return over the same period is a positive 3.4% per annum
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Contact Us at : P.O. Box 619, NPF Building, Prince Philip Hwy, Honiara, Solomon Islands | Phone : (+677) 21659 | Fax : (+677) 20484 | E-mail : enquiry(at)sinpf.org.sb | info(a)sinpf.org.sb
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