Friday, June 14, 2024
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Support for indigenous business is key: PM

Prime Minister Sitiveni Rabuka says only five percent of Indigenous businesses are run by i-Taukei – and supporting Indigenous businesses is crucial to growing this inequality.

This he said was according to the Chairperson of the Fiji Indigenous Business Council.

Rabuka said successful indigenous businesses can reinvest in their communities, leading to improved infrastructure, education, health services, and overall quality of life.

Speaking at the Fiji Indigenous Business Council Workshop, the Prime Minister said Indigenous businesses have the potential to create employment opportunities within the communities, reducing unemployment rates and promoting economic self-sufficiency.

Rabuka said fostering partnerships between government agencies, private sector companies, private sector companies, and Indigenous organisations to pool resources and expertise.

The Prime Minister called on business owners to rethink their strategies, vision, and solutions.

“You must adopt a set of new approaches and leverage modern technologies to enhance your business operations. I encourage you in the FIBC to carry out consultations with Indigenous businesses establishing business incubators and hubs in Indigenous communities will provide the necessary resources, training, and support.”

“Business incubators are not new – how businesses have thrived and grown,” he said.

Meanwhile, the Fiji Indigenous Business Council last met in 2014.

Rabuka called on the Council to now regroup and revive the FIBC as it moves ahead.

Ilaitia Ravuwai
Ilaitia Ravuwai
Journalist | news@fijilive.com

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