|
|
|
LATEST FIJI BUSINESS
NEWS....................
Swedish to assist cocoa
industry Wednesday September 20, 2006
Fiji could see a
revival of its cocoa industry following a visit by a Swedish
non-government organisation Cocoa Bello to work out a cultural and
knowledge exchange.
Swedish project manager Fabian Rimfors
is currently making preparations with Fiji sister group, Tailevu
Province Cocoa Growers and Producers Co-operative Association
Limited for an exchange project.
In a joint statement, the
two organisations said the exchange project, "Cocoa - from farming
to retailing' aimed to create a greater understanding of the need of
a sustainable cocoa cultivation and fair trade within the cocoa
industry and is supported by SIDA (the Swedish International
Development Agency).
The statement said that by the transfer
of knowledge in both directions, the hope was to revive the Fijian
cocoa industry which has been in decline since the early 1990s and
bridge the gaps of knowledge in both countries.
The
reciprocal exchange will consist of two delegations, one Swedish and
one Fijian, who will visit each country respectively for two weeks.
The delegations are comprised of representatives from the cocoa
industry (and related industries) in both countries and will cover
the whole process of chocolate manufacturing from farming to
retailing.
The exchange will take place during 2007 and
preparations in Fiji by Cocoa Bello will continue until September
22.
Tailevu Province Cocoa Growers chairman Jovesa
Serulagilagi told fijilive.com that Fiji continues to export cocoa
beans but on a small scale to New Zealand and Australia through a
local exporter.
Serulagilagi says that for the past 10 years
cocoa production has been declining. At its peak in the early 1980s
and 1990s, Fiji had been exporting 200 tonnes of cocoa beans, but
has dropped to 30 tonnes a year now.
A disease outbreak,
black pods around 10 years ago and a hurricane around the same time
badly affected Fiji's cocoa plantations. With no support from
government, cocoa production soon declined with many of the 200
farmers stopping cocoa farming altogether. About 30 farmers
currently remain.
With the Swedish organisation now in the
country, Serulagilagi is hoping that it would help revive interest
in the local farmers to go back to cocoa farming.
"I have
already started getting a lot of enquiries."
Serulagilagi
says farmers could earn a lot more if value adding is done. For
example, cocoa beans could be processed to make chocolate drinks
which could be sold to local hotels, resorts, restaurants and other
places.
Before, farmers sold cocoa beans for $1.90 a kg, but
with value adding such as chocolate drinks, it is estimated that
farmers could earn up to $100 a kg, says Serulagilagi.
He claims that they have been told that Fiji cocoa
is one of the world's best in taste and content.
Fijilive
| |
|
WEEKLY SHARE PRICE
MOVEMENTS |
2006-09-18 1882 shares were traded
in four transactions in two securities. Amalgamated Telecom
Holdings Ltd shares opened at $0.99. 930 shares were sold in
two transactions (515, 415). The shares closed at $1.00 Fijian
Holdings Ltd shares opened at $4.10. 952 shares were sold in
two transactions (300, 652). There was no price change.
Following the 1 cent gain on market cap giant, ATH, the KSPX
Index moved up 0.38% to 165.06.
|
2006-09-13 8437 shares were traded
in six transactions in two securities. Fiji TV shares opened
at $5.62. 500 shares were traded in two transactions (462,
38). The shares closed at $5.60, down $0.02. Fijian Holdings
Limited shares opened at $4.10. 7937 shares were traded in
four transactions (4837, 400, 1558, 1042). There was no change
in price.
|
2006-09-12 550 shares were traded
in two transactions in two securities. Foster’s Group Pacific
Limited shares opened at $24.99. A total of 50 shares were
traded in one transaction. There was no price movement. Fijian
Holdings Limited shares opened at $4.10. 500 shares were
traded in one transaction. There was no price movement. The
KSPX Index remaing unchanged closing the day at 164.44.
|
2006-09-11 13,300 shares were
traded in 14 transactions in 5 securities. Foster’s Group
Pacific Limited shares closed at $24.99, down $0.24. The
shares opened at $25.23 and 5000 shares were traded in 7
transactions (2000, 2000, 500, 160, 80, 160, 100). Flour Mills
of Fiji Limited shares opened at $1.01. 2000 shares were
traded in two transactions (1000, 1000). There was no change
in price. R B Patel Group Limited shares opened at $1.80. 2500
shares were traded in two transactions (1000, 1500) at the
same price. A total of 3200 Fijian Holdings Limited shares
were traded in two transactions (1000, 2200). The shares
opened at $4.10 and closed at the same price. Amalgamated
Telecom Holdings Ltd shares opened at $0.99 and 600 shares
were traded at the same price.
| | |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FUNK UP UR
FONE |
| TOP
POLYPHONICS |
| ENGLISH
|
|
|
| HINDI |
|
|
| FIJIAN |
|
|
| LATEST
POLYPHONICS |
| ENGLISH
|
|
|
| HINDI |
|
|
| FIJIAN |
|
|
| TOP
WALLPAPERS |
|
|
| LATEST
WALLPAPERS |
|
|
| | |