NBC completes first trance of Private Equity Raising

September 15, 2025


The Minister for State Enterprises, the Hon. William Duma, MP, has welcomed the completion of the first tranche of the private equity raising for the National Banking Corporation.  This is part of plans to reduce government ownership of the bank.

Archives

Related Articles

Markham District and Kumul Agriculture Partner to Establish Major Agro-Growth Hub

Markham District and Kumul Agriculture Partner to Establish Major Agro-Growth Hub

The Markham District Development Authority (DDA) has reached a significant milestone in its mission to revolutionize the agricultural landscape of Morobe Province.

Through the formal signing of a Memorandum of Understanding (MoU), the DDA has partnered with Kumul Agriculture Limited (KAL) to launch the Markham Agro Growth Centre Project.

Third Female Leadership Directors Program Launched

Third Female Leadership Directors Program Launched

Kumul Consolidated Holdings (KCH) has reaffirmed its commitment to advancing gender diversity in corporate governance by officially launching its third training program for female company directors. Managing Director Professor David Kavanamur welcomed 31 participants to the program at an event in Port Moresby, marking the largest cohort to date.

Napa Napa Solar Power Project Officially Commissioned to Bolster Grid Stability

Napa Napa Solar Power Project Officially Commissioned to Bolster Grid Stability

In a significant development for Papua New Guinea’s energy sector, the Napa Napa Solar Power Project was officially commissioned today in Port Moresby. The landmark facility was launched by the Minister for State-Owned Enterprises and Member for Mt. Hagen, Hon. William Duma, marking a major milestone in the Government’s Least Cost Generation program.

Follow Us