SME's

Amuli wants funding to reach small SMEs

Amuli made this statement during a visit to the Unity Mall in Port Moresby where a number of women operate SMEs.

The Minister made the visit purposely to hear from the SME operators, especially mother's on their views and concerns regarding the Government's SME intervention program.

SME operator, Pauline Bogombari owns and runs ‘Aunty Pops Chicken and Egg’. She said the funding made available by the government through the bank is not accessible by simple businesses like hers. Similar sentiments were also expressed by others. 

Marape Clarifies Additional Funds

He said within their DSIP funds, 20 per cent of the funds was earmarked for health services.

“Of every DSIP we give, 20 per cent was meant for health sector. So if you received K10 million, 20 per cent of it as earmarked for health purposes.”

PM Marape further clarified that another additional K2 million came from COVID-19 funds to all districts.

These funds was earmarked for agriculture, SMEs and WaSH programmes.

However, North Fly MP James Donald queried that there was no additional K2m given by the Government.

New strategies help push Digicels growth

Depsite the trying economy Digicel PNG continues to perform strongly on the back of revised strategies focusing more on the needs of clients.

Head of Digicel Business, Gary Cobain, tells Loop PNG that the business community was facing tough times and thus the company had to be proactive.

“They are hitting tough times themselves and unless we’re prepared to help them reduce their costs in some way then we’re going to be under threat,” he said.