SUNBIZ

51 Businesses Fiji-Wide Affected During COVID-19 Pandemic

Out of the 51 cases, we have resolved 44 cases, 7 are still in progress while 4 cases have been referred to the relevant authorities.
08 May 2020 09:56
51 Businesses Fiji-Wide Affected During COVID-19 Pandemic
Empty shops along Victoria Parade, Suva.

The COVID-19 pandemic has affected economies globally and Fiji is no exception.

Many industries such as manufacturing, tourism, hospitality and travel have all taken a big hit financially.

The Fijian Competition and Consumer Commission (FCCC) has assisted 51 businesses and individuals during this crisis who were seeking assistance in extending business repayments, commercial rent, residential rent, the supply of goods in the shop, termination of base contract and drafting letters for Fiji National Provident Fund(FNPF) processing.

Out of the 51 cases, we have resolved 44 cases, 7 are still in progress while 4 cases have been referred to the relevant authorities.

“We understand this year has been difficult for many small businesses, with a number of recent events leading to economic and personal challenges,” said FCCC CEO Joel Abraham.

“Our special response team were able to assist 29 commercial tenants with the reduction of rent payments around the major divisions in Fiji. These tenants raised their concerns to FCCC via email, phone calls and going as far as walking into the office and were successfully assisted accordingly.”

Abraham also emphasised that despite this fear businesses and communities in many regions have shown a more altruistic response in the face of crisis – actions which could help countries preparing for COVID-19 which is in decline in Fiji.

“For instance, an owner of two taxi bases was given an eviction notice after his contract expired but he had 15 taxis that were providing services for 300 Fijians. FCCC was approached for assistance and we conducted mediation between the owner and the relevant authority and came to a conclusion of extending the contract until 31 December 2020.”

Fijisun E-edition
Total Excellium
Subscribe-to-Newspaper
Fiji Sun Instagram
Subscribe-to-Newspaper