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Results for Tonga public enterprises

Saturday 25 May 2019

Nuku'alofa, Tonga
A new multi-million pa'anga complex to house four government utilities was opened by HM King Tupou VI and Queen Nanasipau'u at Matatoa on the outskirts of Nuku'alofa, yesterday, 24 May.
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Tuesday 22 January 2019
Nuku'alofa, Tonga
Two Cabinet portfolios have been reshuffled with the separation of the Ministry of Fisheries and Agriculture, now headed by two Ministers. The PM has also reshuffled his own portfolios, and those of other ministers.
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Wednesday 15 November 2017

Nuku'alofa, Tonga
The Chairman of the combined utility board, Mr Carl Sanft presented a cheque of $7,319,219 to the Minister of Public Enterprises, Hon. Poasi Tei as the utilities combined dividend and tax for the 2016/2017 financial year. This is a record dividend and tax and the highest to be paid to the shareholder, the Government of Tonga by a Public Enterprise.
Friday 1 July 2016

Nuku'alofa, Tonga
Tonga Communications Corporation handed over a dividend cheque of $1.213 million pa'anga to the Government of Tonga as shareholder in the full and final dividend payment for the last financial year 2014-15. This is the second consecutive year that TCC is paying a dividend in excess of $1 million pa'anga, and growing rapidly year on year over the last five years.
Wednesday 11 May 2016

Nuku'alofa, Tonga
Five new Shared Directors for Tonga's Transport Sector Public Enterprises have been named by the Ministry of Public Enterprises on May 9. The Transport Sector Board includes the Ports Authority Tonga, Tonga Airports Limited and Friendly Islands Shipping Agency.
Sunday 24 January 2016
Nuku'alofa, Tonga
Tonga’s Ministry of Public Enterprises has started to introduce more shared directors for public enterprises, with some directors holding positions on three boards, as part of a push to reform Public Enterprises that started in 2015 to be completed this year. The Ministry’s CEO Sione ‘Akau‘ola said the shared directors process for the Transport sector started last week.
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Friday 15 January 2016

Nuku'alofa, Tonga
Tonga Asset Managers and Associates Ltd. (TAMA) presented its first dividend of $50,000 to Hon. Poasi Tei, Minister of Public Enterprises, for its shareholder, the Government of Tonga on 9 December.
Tuesday 15 September 2015
Nuku'alofa, Tonga
Proceedings in the Tongan Parliament kicked off on a high note this morning, September 15, when the Prime Minister Hon. ‘Akilisi Pohiva told members he was concerned that government was being accused of taking a wild swing (fakanafala) on directors of six boards of public enterprises who were told to voluntarily resign. From the House by Pesi Fonua.
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Wednesday 26 November 2014

Nuku'alofa, Tonga
The Tonga Power Ltd. Board of Directors declared the company’s dividend at a total of T$1,359,314 on Tuesday, 25 November 2014 to the shareholder, the Government of Tonga.
Thursday 11 September 2014
Nuku'alofa, Tonga
State Owned Enterprises constrain island countries economies, where they absorb large amounts of scarce capital and are generally low in productivity and services, according to an ADB report that was released early this month.
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Friday 27 June 2014
Nuku'alofa, Tonga
Tonga Communications Corporation has paid a dividend of $839,987 Pa‘anga to the Ministry of Public Enterprise, the majority shareholder of the company.
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Thursday 20 March 2014
Nuku'alofa, Tonga
A new office building to house both the Tonga Print Ltd and the Tonga Post Ltd at Vaololoa was officially opened by the Prime Minister, Lord Tu'ivakano yesterday evening, 19 March.
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Friday 2 May 2008
Nuku'alofa, Tonga
The Tonga government is proposing to foot the bill for some community services that are provided by Public Enterprises, to help make them more viable businesses, and may subsidise services such as ferries to remote islands, and water for putting out fires.
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