April 01, 2010

Rewa Dairy threatens military regime again

Now that the monopolistic and publicly funded Rewa Dairy Cooperative Ltd is in dire economic straits, they resort to arm-twisting tactics with threats to close shop if they don't get their way.

In fact they've pulled this tired stunt  before.

Moreover they don't even blink when they demand a 60-80 percent increase to their prices, which the Prices and Incomes Board (PIB) is still to deliver a verdict on. By whinging directly to Bainimarama , Serulagilagi has not won himself any favours with the PIB and has made the issue political.

Their product availability and related speculation is already affecting supply domestically.

However hidden underneath their belly-aching drivel is the revelation that Rewa Dairy is in the red by FJD$3mill .

Josefa Serulagilagi the current board chair is no stranger to Rewa Dairy and has been involved at the board level for-almost-ever.

Curiously because his name is almost synonymous with Rewa Dairy, it appears that mismanagement happened on his watch, amidst a myriad of other still largely unresolved issues: technical, land lease related, farm management related , and even profit related.

Even the Fiji Labour Party has, as far back as 2004, realized that the entity was getting too soft, too comfortable and lazy because it was protected.

It's time to put Rewa Dairy out to pasture and let them reorganise, trim their fat so that they can fairly earn consumer dollars instead of depending on taxpayer bail-outs -- that is if the military regime is really genuine about consumer rights.


Anonymous said...

seruilagilagi's son is dating bainimarama's youngest daughter Bernadette.

Anonymous said...

Bravo now the whole circus clan is involved in running the Fiji Banana Republic

Fat Mary said...

Shyte!!! Hope they don't breed?? If they do they could call the little zombie offspring "adolf"...or even better..."ayarse"!!!