Nasfund Contributors Savings and Loan (ncsl) continues strong income and profitability momentum delivering a healthy crediting rate of 6% to members, despite a challenging economic backdrop. The ncsl Board has approved an interest crediting rate of 6% to ncsl members for the financial year ending 31 December 2022. This equates to K 14.9 million that will be allocated to the savings accounts of over 142,000 members. During 2022 ncsl paid an interim interest of 1.2% to members’ savings, equating to K3million. After statutory reserving of 20%, ncsl will be paying an additional 4.8 % or K 11.9 million in interest…
Author: Paula DAVID
Save the Children and Meta (formerly known as Facebook) are proud to officially launch Phase 3 of “I Am Digital” which is an online safety and digital literacy educational campaign. Phase 3 of the program builds on previous work to promote internet safety with tools and resources for parents, educators, and youth directly through offline awareness campaigns that will be conducted in schools across the country. The campaign will support young people who don’t yet have access to the internet, before they get online. For the first time, the program’s resources will now include information and advice on avoiding scams…
The University of Papua New Guinea (UPNG) received two brand new buses, donated by the National Gaming Control Board (NGCB) to support the transportation needs of the students, faculty and staff. The keys to a 25-seater coaster bus and a 15-seater HiAce bus were handed over by NGCB Chief Operating Officer Mr. Paul Ketombing on Thursday 5th May 2023, on behalf of the Chief Executive Officer Imelda Agon to UPNG Acting Registrar Roboam Kakap at the Ela Motors, Badili Showroom in Port Moresby. “The donation is part of NGCB’s ‘give back program’ ongoing commitment to supporting education and community development.”…
A commanding 32-6 victory over the Sea Eagles on Friday night has ensured the Broncos will end Magic Round still at the top of the Telstra Premiership ladder. After being beaten soundly by the Rabbitohs last week, Brisbane returned to form in style in front of a crowd of 50,077 at Suncorp Stadium, running in six tries in a dominant display. Winger Selwyn Cobbo scored half of those tries himself and ran for 202 metres, with the only blight from a Brisbane point of view being the loss of back-rower Kurt Capewell to a failed HIA in the second half.…
Students attending Kido Elementary and Primary school in the Central Province will now be equipped with the much needed vital learning materials to do their research and enhance their literacy skill with the opening of their very own Library. The Library is the first library built under the NuiPower’s Community Investment Program said NuiPower Financial Manager Agnes Juwana. She said the construction phase of the library took nearly a year to complete at a cost of K400, 000. Five of the target landowner villages will also receive a library each, starting off with Lealea and moving to the other villages.…
The Sea Eagles and Broncos will clash in the second game of Magic Round weekend on Friday night with both sides looking to rebound after losses in Round 9. Manly’s loss to the Titans was a disappointing one given they were at fortress Brookvale and it won’t get any easier with their next trip north classed as a home game when they host the ladder leaders. The Broncos were comprehensively beaten by South Sydney with their second half efforts exposed in the past fortnight in a concern for Kevin Walters. Traditionally these two sides pile on the points against each…
The SP PNG Hunters are back for another home game this Saturday 06th of May, looking for another win when they host the Ipswich Jets at the Santos National Football Stadium in Round 8 of the QRL Hostplus Cup. The Hunters outplayed the Mackay Cutters last weekend to collect two competition points on the back of a resounding 18-10 win. The Hunters defended a desperate Cutters outfit as they mounted a comeback midway through both halves, but for all their desperation the Mackay Cutters never really got close. Fullback Morea Morea, centres Benji Kot and Rodrick Tai and wingers Brandon…
Max and Mat Feagai haven’t shared an edge since their 2019 SG Ball premiership and four years later the twin brothers are set to stand side-by-side on the Dragons’ left side. Replacing regular centre Zac Lomax at No.4 for Sunday’s Magic Round clash is a huge task for Dragons junior Max but the 22-year-old will be in familiar territory when his brother Mat lines up right alongside him. Having been linked with the club since they were 13-years-old, Sunday’s Magic Round clash will mark a special occasion for the Feagai family as the two utility backs not only take the…
Final year Public Relations class 1 Journalism students from the University of Papua New Guinea today kicked off celebrations with a road show awareness in commemoration of World Media Freedom Day. This event marked the importance of free press as a lead up to the day’s program which will end in the evening. World Press/Media Freedom Day is important because it increases awareness about the importance of press freedom highlighting the critical role that journalists and media outlets play in promoting democracy, and human rights. Out of the 87 PR Class 1 students, PNG HAUSBUNG caught up with three of…
To ensure sports becomes a platform for development, gender equality, creating champions and instilling good values, NCD Governor Powes Parkop honored his word through the City Hall with a commitment of K60, 000 to Port Moresby Soccer Association (PMSA). The commitment was manifested on Sunday 30th April to sponsor a one-month soccer pre-season hosted and managed by PMSA. The cheque was presented when the pre-season was entering its final rounds of the season. Governor Parkop, a staunch sports sponsor throughout his 16-year political reign, did the cheque presentation during PMSA AGM in #AmazingPortMoresby. Speaking during the presentation, he said he…