PNG Women in Business Foundation

PNG WiBF has registered eight of its members to attend the World Indigenous Business Forum to be hosted by Papua New Guinea in Port Moresby from October 24-26, 2023.

“We hope to build partnerships, networks, collaborate, and promote the PNG Women in Business internationally, and explore options for international markets for our products,” said the Foundation’s Acting President Julie Ngansia.

The foundation is a non-profit organization dedicated to providing life improvement solutions to families and support women and girls in PNG.

In a media conference today, chairman Ricky Mitio announced the release of 7,021,300 shares at an issuing price of K1 per share.

Mitio said the once in a lifetime opportunity is only applicable to members of ‘Women in Business’, customers of Women’s Micro Bank, and members of PNG Women in Business.

Mitio said the offer will strengthen the Bank’s capital adequacy; expansion of its branch network; improve technology for risk management and banking services; but more importantly give women members direct ownership of the bank.