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  • Aug 24 2011

    NEC appoints new Managing Director and Board Members of IPBC

    NEC appoints new Managing Director and Board Members of IPBC The Minister for Public Enterprises Rt Hon Sir Mekere Morauta announced today that NEC had appointed Mr Thomas Abe as the new Managing Director of the Independent Public Business Corporation (IPBC). “The position was publicly advertised as the Government wished to demonstrate its commitment to […]

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  • Aug 24 2011

    Managing Director of IPBC, Glenn Blake Terminated.

    Former Managing Director of IPBC Glenn Blake terminated The Minister for Public Enterprises Rt Hon Sir Mekere Morauta announced today that NEC had terminated Mr Glenn Blake as Managing Director of the Independent Public Business Corporation (IPBC) for misconduct in office. “Mr Blake was paying himself millions of kina a year illegally. His contract had […]

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  • Jun 11 2011

    State of IPBC and SOEs

    Parliamentary Statement on IPBC and State-Owned Enterprises Tuesday 06 September 2011   Mr Speaker Hon Arthur Somare has repeatedly told the nation that the state-owned enterprises are performing fabulously as a result of his policies and actions. Nothing could be further from the truth. All are grossly under-capitalised. Some are bumbling along. Others are dead, […]

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