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Financial sector under reviews

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By Loretta B Manele

The country’s financial sector is going through various reviews of legislation.

This follows GNUT Policy 8.1.4b that supports the financial sector reforms to promote a modern and resilient financial system that supports economic growth.

Manasseh Sogavare, the minister of Finance and Treasury (MoFT) made the statement when handing down the 2025 Appropriation Bill 2024 in parliament last week.

In relation to the above statement, he said this includes the review of the Financial Institution Act, Insurance Act and developing regulations to create and enable the environment to support the development and expansion of financial services.

Sogavare added that the review of the National Procurement Fund Act is also needed to improve the legislative framework for the operation and prudential regulation of the fund.

He said members should have confidence that their savings are being invested in a prudent manner to ensure that the fund is working in the best interest of its members.

Sogavare stated that progressing the Solomon Islands National Procurement Fund Bill is one of GNUT government’s strategic actions to expand resource access to finance and underpin economic growth in Solomon Islands.

“The government acknowledges that the country also faces many development and growth constraints.”

Sogavare stressed that these constraints range from lack of access to financial services, lack of competition in key areas, shortage of needed skills, access to land, lack of quality infrastructure, weak infrastructure, poor governance, lack of employment opportunities and high costs of doing business in Solomon Islands.

He said the government aims to address the ongoing development constraints through embarking on both structural and institutional reforms across the government.

These structural and institutional reforms include tax reforms, land reforms, foreign investment and tax strategy reforms to address the high cost of utilities, improving good governance and developing robust legislation and policies to drive investment and growth.

Sogavare added that to achieve this objective, the government encourages strong, collaborative and co-ordination amongst all ministries in terms of planning and implementation of the 2025 budget ensuring that key sectors establish working relationships to address cost-cutting needs through cost-sharing and arrangements to fast-track implementation of key government priorities.

“In advancing the better partnership and fruitful relations we continue to enjoy; the government will also work very closely with our development partners during the course of implementing the 2025 investment priorities.”

Call for proper dialogue on Bina Tuna project dispute

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The Director of the Ministry of Fisheries and Marine Resources Mr Edward Honiwala

By John Houanihau

Director of Fisheries, Edward Honiwala, has called on a group opposing the Bina Tuna Project to address their concerns through appropriate and constructive dialogue.

The call comes after a post featuring a group of men with knives was shared on the West Kwaio Forum Facebook page, drawing widespread attention.

In an interview with Island Sun, an anonymous spokesperson claimed that the group, identified as members of the Ula’ako tribe, has repeatedly attempted to disrupt the project. “From what I understand, they have lost their case in the High Court but continue to create disturbances,” the spokesperson said.

Honiwala highlighted the critical importance of the Bina Harbour Tuna Project for Malaita Province and the Solomon Islands as a whole. He urged all parties to engage in dialogue through established processes.

“The Ministry is not fully informed about the specific grievances, but it is imperative that concerns be raised through the proper channels. This requires collaboration and mutual understanding,” said Honiwala.

He noted that the Ministry, along with its partners, has invested significant time and resources in the project. Any disputes or disruptions, he cautioned, would lead to unnecessary delays and wastage.

“Typically, the consultation process spans two to three years. There are procedures in place for addressing issues, rather than resorting to disruptive actions,” Honiwala explained.

The Bina Harbour Tuna Project, he stressed, is a major economic opportunity for Malaita and the Solomon Islands. “This initiative is something we should take pride in. It enables us to maximize economic benefits and has received strong support from development partners and donors. Ultimately, the decision is ours,” he said.

Honiwala also emphasized that extensive consultations have been conducted with landowners, land trustees, and other stakeholders. However, he acknowledged that the persistence of disputes remains puzzling.

“If these actions continue, the matter may have to be resolved in the High Court. Otherwise, I urge the group to engage in dialogue and consider the long-term benefits for our children and communities,” Honiwala said.

Clayton Wao’s journey in music production

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    BY JOHN HOUANIHAU

    Clayton Wao, from Malaita Province, is currently operating a music recording studio in Honiara called Waoton’s Music Production. Wao made his first recording in 2008 when he was in form two, starting his journey into digital music where he produced tracks on the computer. A few years later, in 2014 while he was in form seven, Wao embarked on his first tour to Malaita to record for a gospel group. He began his recordings with speakers, sound cards, and power amps he purchased from local shops in Honiara.

    In 2015, Wao signed a recording contract in Vanuatu for four years, during which he acquired some new recording equipment that significantly boosted his music production, especially in the gospel genre. After returning home in 2018, he enrolled at the Solomon Islands National University (SINU). In 2021, he had the opportunity to participate in the Pacific Seasonal Work Scheme, spending three years in the meat industry in Australia.

    “With my involvement in the scheme, I had the privilege to acquire more updated recording equipment—more quality ones than what I had before,” explained Wao. While in Australia, he also worked on numerous recording projects. “I remember in 2023, one of my mates arranged for me to go work with some gospel groups in Vanuatu. I flew to Santo from Australia and returned to continue working on recordings while still participating in the scheme,” he said.

    After three years in the palm scheme, Wao returned to the Solomon Islands in April 2024 and resumed recording in Honiara. “So far, I’ve had a lot of gospel groups coming in for their recordings, including church groups, youth groups, and more,” he said. Currently, he is working on an album for one of the gospel ministries, their fourth album, which is set to be released next year in 2025.

    One of the challenges Wao faced in his career was the recording environment. “I didn’t have proper or good soundproofing, so I tried to ensure that there was no surrounding noise during the recording process to avoid affecting the final recordings. I’ve already got soundproofing forms, but they are yet to be installed, which also takes time,” he said.

    Another challenge was the high interest among youths in recording and music. “With my passion for singing and recording, I’m still trying to figure out how I can help them, including through vocal coaching or training workshops covering music production, recording, mixing, and mastering,” he said. Wao has also started exploring filming, although he is still learning about that aspect.

    “As a music and recording artist, I also share a bit of advice with young people who are interested in the music industry,” said Wao. “One piece of advice I like to share is that consistency is key in recording. It takes time and effort to put into a project. I’ve had some friends who I’ve helped get into recording, but later they gave up. I just want to encourage those of you who are recording in music: consistency is the main thing.”

    Wao believes that financial constraints can sometimes pose a challenge but there are ways to address them. “The main thing I want to focus on is consistency. I’ve been involved in recording for nearly 15 years, and consistency is what matters. As we continue to do recordings and produce music, we’ll learn from each other—that’s how we build ourselves up,” he said.

    Throughout his recording career, Wao has met many producers with whom he has shared ideas. “I remember at one stage, we did recordings together with our late brother Peter Ofa. I learned a lot from him. That’s how I learn. During our recordings with other studios, I go there and ask questions, and that’s how we learn and grow,” he said.

    Wao believes that listening to constructive criticism from others, even those without experience but who have ideas, is a bonus. “It’s good to accept ideas and look into them because that’s how we learn. So, I just want to re-emphasize the importance of consistency. Don’t give up over the years. Do what you love, and at the end, you will look back and see the difference,” concluded Wao.

    ‘GNUT SOLID, UNITED’

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    PM Manele.

    -PM Manele welcomes motion of no confidence, says his government is focused on passing budget

    -Manele downplays report he sought funding support from China in Friday night dinner with ambassador

    BY IRWIN ANGIKI

    Prime Minister Jeremiah Manele is unfazed by the motion of no confidence against him, saying that his government is ‘solid’ and ‘united’.

    Speaking to Island Sun yesterday, Prime Minister Manele said instead his Government for National Unity and Transformation (GNUT) is focused on passing the 2025 budget.

    “GNUT is solid and united to face the motion of no confidence.

    “The Government’s priority now is to pass the 2025 budget, important for the country.

    “GNUT is only just eight months old, its first budget to implement its policies and programmes is before Parliament now,” Mr Manele said.

    PM Manele also emphasised political stability, which the country needs now.

    “Not clear what the grounds for the motion are. Of course any Member of Parliament has the right to move a motion of no confidence, but political stability is critical for the country’s progress and development.”

    Meanwhile, Manele brushed aside reports that he had sought help from the Chinese ambassador during a dinner at the diplomat’s residence Friday night to fund his government’s solidarity.

    “That is not true. Need to check their facts. I did not go to ask help, I was invited by the Ambassador for dinner.

    “We just had dinner. He invited me to his residence to have dinner. I did not ask or seek any help to maintain government solidarity.”

    A notice of Motion of No Confidence was filed by Opposition MP Gordon Darcy Lilo on Thursday last week.

    The motion matures and can be tabled this Friday, December 13.

    Clerk to parliament Jefferson Hallu had told Island Sun on Thursday last week the motion was filed at 4pm that day. He did not elaborate on the reasons attached to the motion.

    However, an Opposition spokesperson told Island Sun over the weekend that reasons for the motion included:

    -Prime Minister Manele’s lack of action over his finance minister’s exposed squandering of tax exemptions costing government hundreds of millions of dollars in revenue

    -PM Manele’s lack of action to address the huge loss of revenue from the mining operation on Rennell island, Renbel province

    -PM Manele’s lack of action regarding exposed offshore account linked to his finance minister and police minister

    -The country’s dwindling economy under the leadership of PM Manele, an example highlighted being the budget currently in parliament reportedly just being on paper with no revenue to back it.

    Mr Lilo is the MP for Central Honiara, and former prime minister (2011-2014).

    Take pride in our environment

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    By John Houanihau

    Simon John, Field Supervisor of the Honiara City Council (HCC) Waste Management and Control Division, has urged residents living near the Mataniko River to take responsibility for preserving and caring for the river.

    Speaking to Island Sun, John highlighted the growing challenges posed by increasing waste in the Mataniko River.

    “In the past, this river was cherished by our parents, who appreciated its pristine condition. However, due to population growth and other factors, the river has deteriorated and is now heavily polluted,” he said.

    John called on the public, government ministries, volunteer organizations, community youth, and NGOs to support efforts to restore the river.

    “We urge everyone to join us in this call. Maintaining the cleanliness of our city is a collective responsibility,” he said.

    John emphasized that the HCC alone cannot ensure a clean city and that residents must take an active role in keeping Honiara clean.

    “It is not solely the duty of HCC employees; rather, it is the obligation of all Honiara residents. The beauty of our city is a shared concern,” he added.

    He also appealed to residents living along the riverbanks to properly manage household waste and make use of the waste collection services provided by the HCC.

    “Waste collection vehicles regularly service our neighborhoods, transporting garbage to the designated disposal site at the Ranadi dump. Let us, as residents of this city, take pride in our environment.

    “The condition of our city reflects our actions and attitudes towards it. If there are opportunities for public clean-up campaigns, I encourage everyone to participate wholeheartedly and contribute to the beautification of our community,” he concluded.

    New Zealand honoured to partner in parametric insurance

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    BY JOHN HOUANIHAU

    New Zealand is proud to be a partner in the Parametric Insurance programme, said Marni Gilbert, First Secretary at the New Zealand High Commission.

    Gilbert emphasized that climate impacts are increasingly severe across the Pacific region, making parametric insurance a crucial tool for strengthening resilience and adaptation to the climate crisis.

    “This programme brings together partners to develop innovative ways to build resilience against the impacts of climate change. In the Solomon Islands, communities frequently face severe weather events, cyclones, and flooding, underscoring the urgent need for sustainable solutions,” she said.

    She highlighted New Zealand’s commitment to climate action in the Pacific, shaped by strong ties and a shared ambition to see the Solomon Islands thrive.

    “We’re particularly encouraged by approaches where solutions are designed by the countries and communities they aim to benefit, ensuring that they are tailored to local needs and cultural contexts,” she added.

    Gilbert noted New Zealand’s involvement in capacity-building programmes that enhance local expertise in disaster risk financing in the Solomon Islands.

    “This parametric insurance programme represents a practical and impactful addition to the disaster risk financing toolkit. It offers more than financial relief,” she said.

    “It provides a safety net that helps families recover with dignity, rebuild their homes, and resume their livelihoods. For businesses, it ensures faster recovery and operational continuity, thereby supporting broader economic stability. That’s why we actively support regional collaborations like this programme, which lays the groundwork for the adoption of parametric insurance in the Solomon Islands.”

    Gilbert stressed that the initiative is more than a response to immediate needs; it fosters long-term opportunities.

    “The potential impact of parametric insurance aligns with our shared aspirations. It will lead to increased financial inclusion and expand access to insurance for low-income households and marginalised groups,” she said.

    She also highlighted the programme’s inclusive approach, which aims to strengthen gender equality and social inclusion.

    “It empowers women and people with disabilities, who often bear the brunt of disasters, by providing financial tools that support recovery and resilience. This will strengthen the economic resilience of individual communities and the nation as a whole, helping businesses and families recover faster and contributing to sustained growth and development,” she concluded.

    The story of Tilly

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      By Loretta B Manele

      We often think of children as not understanding things or being vulnerable however it is important to listen to what they have to say about the things that make them happy and the things that they are concerned about.

      Lisa Cuatt is the country director for Save the Children in Solomon Islands who expressed this at the first ever Children’s High-Level Dialogue on Wed, 20th Nov at the Paul Tovua complex.

      A first of its kind that catered to student presentations and dialogue between students and leaders of the country.

      Cuatt voiced that hearing what children have to say is included in Article 12 of the Convention on the Rights of the Child, the child’s right to be heard.

      She said children do need the support, care and guidance of adults and it is equally important to recognise that they have capabilities, strength and a unique perspective of the world.

      When she started to think about the importance of listening to children, she immediately thought about the story of Tilly.

      Here, Cuatt shares the story of Tilly depicting how children can be leaders in their own way to bring about positive change.

      It’s December 2004 and Tilly who is just 10 years old was with her family in Phuket, Thailand on the beach as any family would be.

      She noticed that the sea wasn’t in its normal every day form, as it was all frothy and the water was pulling back and not coming back towards the shore.

      Tilly had learnt about tsunamis in a geography lesson at school just two weeks ago before the Boxing Day tsunami.

      So, seeing what was happening, she stood up and alerted her parents and the other 100 people who were also on the beach and the beach was evacuated before the tsunami reached the shore.

      This beach was one of few beaches on the island that had no reported deaths.

      Tilly was a hero that day and her actions shows that children can be very positive influencers and can contribute to positive change.

      In this case, Tilly was a leader herself.

      Cuatt stressed that as adults, we should empower and equip children with knowledge, strategies and the confidence to speak up.

      “At Save the Children we know that one of the most important ways to keep children safe from harm and abuse is to create an environment where children feel like they can speak up and talk about their concerns”

      Cuatt said the best way to build a safe organisation is to make sure that children’s voices are heard.

      She added we must also make sure that children are listened to and that they are supported in expressing their views.

      “We want to take into account children’s views when we make decisions. We want children to be involved in and share responsibility for decision making around issues that impact them”

      Going forward, Cuatt hopes that we can continue to involve children in finding solutions to the issues that they raised at the dialogue.

      PCYC Donates $20,000 from Fishing Competition to Christian Care Centre

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      BY NED GAGAHE

      The Point Cruz Yacht Club (PCYC) has made a generous donation of $20,000 to the Christian Care Centre (CCC) in a heartwarming gesture aimed at supporting women and children affected by domestic violence.

      The funds were raised through PCYC’s annual fishing competition, held earlier this year.

      A total of 20 fishing teams participated in the competition, and the auction of their catches helped generate the $20,000 donation. The donation was presented to the CCC on Wednesday, where PCYC representative Baoro Laxton Koraua expressed the club’s commitment to giving back to the community.

      “This donation is part of PCYC’s initiative to contribute to the welfare of the community, and we are proud to support the Christian Care Centre’s valuable programs,” Mr. Koraua said. “Through this act, we hope to continue fulfilling our objective of being a responsible corporate service provider in Solomon Islands.”

      Sister Rosa Cathrine, the Coordinator of CCC, expressed her gratitude during the donation ceremony.

      Representing the faith-based organization under the Anglican Church of Melanesia, Sister Rosa explained that the Christian Care Centre provides shelter and support to women and girls from all walks of life, including those who have faced domestic violence.

      “I stand here today on behalf of the Christian Care Centre with a heart full of thanks for this unexpected gift,” Sister Rosa said.

      “This donation will go a long way in supporting the many women and girls who seek refuge with us. We are deeply blessed by the generosity of PCYC.”

      Sister Rosa also acknowledged the ongoing campaign for the 16 Days of Activism, which aims to raise awareness about violence against women.

      She praised the PCYC for creating a safe space for families and for its role in ensuring peace and safety in the community.

      “We are so thankful from the bottom of our hearts,” Sister Rosa added. “This gift is a blessing that will help us continue our work. We hope that, together, we can bring peace and harmony to our families and communities, making Solomon Islands a better place for everyone.”

      The Christian Care Centre, located in Tenaru, East Honiara provides a vital service for women and children who are survivors of domestic violence.

      It is the only shelter of its kind in the country, offering a refuge for those in need.

      On behalf of the staff, volunteers, and survivors, Sister Rosa concluded by expressing her heartfelt thanks to PCYC for the donation.

      “Thank you so much for your kind and generous support,” she said.

      “It is through such acts of kindness that we can continue to offer safety and hope to those who need it most.” She said.

      PAC condemns Viulu’s absence

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      BY JOHN HOUANIHAU

      The Public Accounts Committee (PAC) has expressed disapproval over the absence of Dr. Samson Viulu, Permanent Secretary of the Ministry of Agriculture and Livestock (MAL), during its inquiry into the 2025 Appropriation Bill 2024 on Friday, November 29.

      In response, Opposition Leader Mathew Wale rescheduled the MAL session to Wednesday, December 4, stressing the importance of Dr. Viulu’s attendance.

      “I propose we reschedule the meeting with MAL to Wednesday. Please ensure the PS is informed—we need to meet him in person. It’s urgent. Let him know that PAC expects his presence,” Wale stated.

      PAC Chair Gordon Darcy Lilo underscored the urgency of the hearings, emphasizing that all officers should prioritize the process as the 2025 budget deliberations are critical for the nation’s economic performance.

      “This ministry plays a pivotal role, particularly in light of recommendations from multilateral development banks and CBSI, which are focused on MAL’s output. We need Dr. Viulu here to leverage his expertise and strategic leadership,” Lilo added.

      MAL officials later confirmed that Dr. Viulu joined a PAC session via Zoom on Wednesday, December 5.

      “Yes, the PS attended a Zoom meeting with the PAC yesterday. He was unavailable on Friday due to an overseas commitment,” said an MAL spokesperson.

      Dr. Viulu is currently part of the Solomon Islands delegation attending the United Nations Convention to Combat Desertification (UNCCD-COP16), which began on December 2 in Saudi Arabia.

      CIP aims to complete new youth center next year

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      BY INDY MAEALASIA

      THE Central Islands Province (CIP) government is moving forward with plans to establish a new youth center on Tulagi, with the aims of completing the project by next year.

      This was announced by CIP Premier Michael Salini during a recent meeting with the Chief Executive Officer (CEO) of People Living with Disabilities Solomon Islands (PWDSI).

      Premier Salini expressed optimism about the project, stating, “We are hopeful this will be achieved by next year as we have been busy with the project recently”

      He clarified that while funding for the youth center has already been secured, his office is still in the process of finalizing the land acquisition.

      Once completed, the youth center will provide a dedicated space for various youth activities aimed at promoting the well-being and development of young people in the province.

      Salini also emphasized that the facility will be open to local associations, including PWDSI, who will be welcome to use it for their awareness programs and other community-focused initiatives.

      In addition, the premier reiterated his government’s commitment to collaborating with PWDSI and its affiliated organizations to advance efforts in youth development, women’s empowerment, and the support of people living with disabilities.