Letters

Letters To The Editor, July 30, 2015

Poverty mentality Mesake Nawari, Suva I just want to thank you for your article of page 14 in yesterday’s paper. You have hit the nail on the head about the
30 Jul 2015 08:11
Letters To The Editor, July 30, 2015

Poverty mentality

Mesake Nawari, Suva

I just want to thank you for your article of page 14 in yesterday’s paper.

You have hit the nail on the head about the culture of “vakasabusabu.”

This is a poverty mentality.

I came across this attitude which has been unfortunately built into our iTaukei culture by the influential but “lazy” people in our communities.

Starting in 1996 from my days at the Unit Trust of Fiji, I have been promoting savings and investments.

I have seen that few iTaukei actually take heed of free advice and invest for their future and their children’s future.

Our people are still expecting their children to look after them once their children start earning.

No wonder when they die, their children die financially. The vicious cycle of poverty continues.

People at iTaukei Land Trust Board (TLTB) needsto be educated to change their mindset.

This is from just promoting leasing land to others but also for landowners to consider leasing their own land and convert the land value, at least based on present values of future leases discounted at the current market rates of return, on to the balance sheet of their companies.

Gone are the days of cooperatives. Company structure is the way to go so that members of landowning units in future are very clear on number of shares issued which is the only basis of fair dividend payout.

However, the biggest challenge is for the current generation to sacrifice immediate lease payments and reinvest profits to grow and strengthen their landowningbusinesses in the initial years of the business.

I’m advising a mataqali from my province on a workable structure for them.

Let me say that the biggest challenge is to change the mindset from a land owner to a resource owner then to a business owner. TLTB that is a big culprit.

Maybe TLTB is worried about loss of poundage paid to them if landowners lease their own land under their own businesses.

These companies should not pay lease  to their own members. If it does the company will not survive.

They cannot take from one pocket to fill the other one (the bottom less one).

However, I’m being patient because I can only vision the success of the business if the key ingredients of the model is agreed to.

Since doing business for a group of land owners is not as simple as a normal business like RB Patel, FMF or FHL, technical financial specialists will be required for TLTB and landowners business services agency in order to structure the businesses.

Also need to ensure right corporate governance and financial structures are in place and monitor compliance and performance over the first 3 to 5 years.

This is exactly what I’ve started for my people.

People must remember that there’s “no one size fits all” business structures and management for our land owning units to ensure success.

 

Loan repayment

Tukai Lagonilakeba,  Nadi

After all the criticism, our national airline Fiji Airways has worked hard, resulting in their their loan repayments to Fiji National Provident Fund (FNPF) on time.

Vinaka to all our Fiji Airways family.

The return of our Prime Minister’s entourage from a successful tour to China should further boost our national airline.

The workers and all members of FNPF should all be very happy.

It is a classic example of a win-win situation with both contributing positively to a prosperous Fiji.

 

New covenant

Savenaca Vakaliwaliwa,  Samabula

Brother Lawrence Narayan first claimed that I had the gift of healing, now he says that I claim to be living a sin free life by observing all the commandments of God (FS 28/7).

Both are incorrect assumptions.

Brother Lawrence is correct when he says that the secret sins of envy, jealously and others are sins all Christians entertain willingly to some degree and many habitually.

He wants us to literally believe that at Christ’s death on the cross, a new covenant of grace came into effect, where the above sins are no longer subject to God’s judgment and we are not condemned because of God’s grace?

God’s grace does not remove the moral law which under the new covenant has been written in the heart.

 

PM: We’re reversing neglect of past governments

Mala Waqairadovu

Vinaka Vakalevu, Mr. Bainimarama. Actions speaks volume than words!

And as an ordinary fijian myself, I’ve never experienced a wind of change that our small nations have ever come across like what your government is doing right now. Infrastructures, rural developments, educations, more job opportunities now compared to the past etc.etc. I strongly agree with your statement about the tactics used by political parties to scare ordinary fijians especially our brothers and relatives from the rural areas and villages. Some leaders and members of these parties might be religious but their action during their campaign tells otherwise.

 

 




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