The PNG Power Savings and Loans Society Limited on Saturday 10th June 2023 announced an additional 10 percent declared interest for the 2022 financial year. PPSSLS Board Chairman Mr. Andrew Kavanamur in presenting his report, highlighted the key drivers that enabled the declaration of additional 10 percent interest. “The society recorded a net profit of K2.96 million compared to K2.65 million in 2021, an increase of 11.7 percent.” “Income increased by 7.8 percent interest from K4.98 million in 2021, to K5.37 million in 2022, correspondingly expenditure also increased by 3.8 percent from K2.32 million in 2021 to 2.41 million in…
Author: Aseneth WAIDE
A mother with her four children in Kokoda were hospitalized after consuming poisonous mushrooms. The family began experiencing vomiting and diarrhea after about five to ten minutes. That’s the word from the Kokoda Memorial Hospital Community Health Worker & VCT Counsellor Alice Eroro. Ms Eroro added that that family could have died from the poisoning if not attended to on time. “There was no ambulance, so they contacted a local businessperson who helped with transporting them to the hospital.” Every family member was put on IV drip while symptoms continued until morning. Antibiotics were then administered which improved their condition…
A good number of students at the University of Papua New Guinea have decided to continue their petitions to the government by presenting two copies of legal documents to Hon. Luther Wenge and Prime Minister James Marape after protesting the signing of the Defence agreement between Papua New Guinea and the United States. Chairman of the student protest Mr Gordan Walimbu addressed the student body on Thursday morning saying that the protest was illegal. However he added, appropriate procedures must be followed. “The protest was illegal, but it was something we could do.” “Though, now that we are taking legal…
The University of Papua New Guinea’s Faculty of Creative Arts came alive last Thursday night thanks to the Music Division’s annual Jazz Ensemble. The event was held as part of an assessment for the third and final year students. Parents, children, lecturers, current and former students were some of those who attended the ensemble. Head of Music Division and specialist in Ethnomusicology, Mr. Francis Be, told PNG HAUSBUNG that jazz music came about as a result of cultural change. “Jazz is a consequence of historical events. It’s based on the experiences of those who have gone through some cultural change.”…
Armed hold-ups are becoming a serious problem in Milne Bay Province. Provincial Police Commander (PPC), Ben Kua told PNG HAUSBUNG the number of hold-ups has been steadily increasing since the past week. “I have only 68 manpower available which is not enough. I sent a request to the Police Head Quarters for more manpower but then accommodation is another issue.” Police registered increase hold-ups that were mainly caused by opportunists who have been taking advantage. Another concern for police is Sea Piracy the Police boss stated. “There was a report filed last week regarding the killing of two sea pirates…