At its core, PNG is corrupt

An Australian PhD student was conducting research on corruption in PNG and met a group of youths in Port Moresby. After a few exchanges asked them: “What is the root of corruption?” One of them pointed to National Parliament building, and said: “There lies the roots, the stem, the branches, and the leaves of corruptionContinue reading “At its core, PNG is corrupt”

Why you cannot run away from BSP

On Easter weekend, BSP unintentionally credited its customers an undisclosed amount of money due to a technological glitch as the bank attempted to update it’s systems. The customers received notifications on their phones. About 30, 000 people rushed to the BSP ATMs and withdrew an average K1, 000 each. Some then subsequently switched banks theContinue reading “Why you cannot run away from BSP”

James Marape vs Joseph Lelang Debate: Winners and Losers

Was it a debate? Panel discussion? Or church gathering even? Whatever it was, the interaction between the PNG PM James Marape and Opposition Leader Joseph Lelang, the first of its kind, was conducted at the back of massive fanfare. The student representative council (SRC) of the six universities of PNG put out statements stating theyContinue reading “James Marape vs Joseph Lelang Debate: Winners and Losers”

Collapse of Golden Sun: Lessons for Papua New Guineans

Golden Sun has now collapsed, leaving behind tens of thousands of Papua New Guineans heartbroken and maybe a good number broke. What should Papua New Guineans learn from this? Used and abused so much, the phrase “nothing is free” has become a cliche. Unless your parents are giving you money, nothing in this Covid-19 strickenContinue reading “Collapse of Golden Sun: Lessons for Papua New Guineans”

My experience investing with Golden Sun

Note: This is a repost from an article written by a Golden Sun investor, sharing lessons. See link to his blog at the end. By Eddie Kabuni The internet has brought about many benefits, including the ability to make money online. However, it has also brought about an increase in scams that target people lookingContinue reading “My experience investing with Golden Sun”

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