Saturday, January 07, 2012

Maori Economy, news update

The Labour Party announced its new line up at the end of last year, with Shane Jones at No. 7 and taking on the newly established shadow cabinet position of Maori Economic Development. (NB: always funny to see non-Maori, non-Pasifika, non-Asian NZ MPs as 'European', a la Kiwiblog).

Sealord, the joint venture between Aotearoa Fisheries and Japanese company Nissui, netted $20m
profit on revenue of $573m during 15 months trading to September. Although slightly up on the previous result, an unchanged dividend of $16m is to be paid out.

Mutton birds will be tested for radioactivity following leaks from the Fukushima nuclear plant in Japan, having fed and shed in the region in April of last year.

This site records the history of the so-called Maori economy that includes an outline of those reports that have contributed to the current model of understanding and interpreting this economy, and therefore the model by which other cultures and their economies (notably, of course, the Treaty partner), including banks, universities, agribusiness, exporters, and importers. We now see a number of strategic decisions by these potential and existing stakeholders. BNZ have appointed a head of Maori business, Pierre Tohe (of Waikato descent), in acknowledgement of this growing sector.

Other banks are also attentive: ANZ appointed David Harrison as head of Maori relationships in March, 2011; Westpac is also expanding its national Maori strategy.

International Indigenous economies snippets...

Jennifer Campeau elected to Saskatchewan Legislature
Sask Party First Nations candidate, Jennifer Campeau, has been elected in Saskatoon Fairview to the Saskatchewan Legislature.

Jennifer has been a regular attendee of the annual Native American and Indigenous Studies Association conference and organised a panel on Indigenous economic development at last years meeting in Sacramento.

Zimbabwean Indigenisation and Empowerment minister Saviour Kasukuwere argues 2012 should see people pursue economic empowerment with the understanding it was only when the majority indigenous Zimbabweans own and participate in their national economy that it would grow in a sustainable manner.

He said such growth, pursued within the socio-economic harmony achieved when the majority was guaranteed an equitable share in their national economy, would become more appealing to foreign investors whose investments are best secured by locals with whom they will partner.

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