Draft media decree unveiled

Draft media decree unveiled

By fijivillage.com
Thursday 08/04/2010
The much talked about draft Media Industry Development Decree was unveiled to the stakeholders today which sees laws dealing with the establishment of a Media Industry Development Authority, a Media Tribunal, ownership of all Fiji media to be 90 percent locally owned and cross-media ownership in Fiji.

The draft decree also has a Media Code of Ethics and Practice, the Advertising Codes and a Television Programme Classification Code.

The draft Media Decree clearly states that every media organisation in Fiji should have 90 percent local ownership which means that 90 percent of shares of any media organisation in Fiji should be owned by citizens of Fiji permanently residing in Fiji.

10 percent of the media ownership can be foreign.

It also states that in the case of a company, all directors and in the case of any legal entity, partnership, and joint venture and of any individual shall respectively be citizens of Fiji permanently residing in Fiji.

Under the draft decree, "permanently residing" means a person residing in Fiji for 5 out of the last 7 years prior to registration of the media outlet and thereafter residing in Fiji for at least 9 out of 12 months of a year.

The draft Media Decree states that any person who does not fall within the class of persons described must resign or divest themselves of any directorship or ownership interest within three months from the commencement of the decree.

This raises a major issue for the Fiji Times newspaper which is totally foreign owned.

If the decree is implemented in it's current form, it means that current Fiji Times owners would have to sell off 90 percent of their shares to locals.
 
Attorney General, Aiyaz Sayed-Khaiyum who chaired the Media Decree consultations in Suva today has told Fijivillage that they have carefully considered the media ownership issue and find it necessary that controlling shares for media companies in Fiji should be held by locals.

FEATURE NEWS
Relief for Nursing Association as government approves payment for nurses
Fiji Nursing Association President, Doctor Adi Alisi Vudiniabola has acknowledged the government for securing the payment for the nurses, as this has ...
10 minutes ago
LATEST NEWS
Man sets himself on fire outside Trump's Manhattan hush money trial
A man has set himself on fire outside the court in Manhattan where former President Donald Trump's hush-money trial is being held. After dousing ...
4 hours ago

SDA Church in Fiji extends Matanigasau to family for alleged murder after 55 years in Vanua Levu
The Seventh Day Adventist Church in Fiji presented a Matanigasau to the family of a teenage girl who was allegedly murdered at Vatuvonu High School ...
5 hours ago

SPBD to undertake 2 milestones in the next few months including disbursement of $100m
The South Pacific Business Development has revealed that they will be undertaking two milestones over the next few months which include the ...
5 hours ago

FDB achieved remarkable 112 percent growth in net profit in 2023
The Fiji Development Bank (FDB) has achieved remarkable growth in net profit, with a year-on-year increase of over 112 percent which was revealed ...
6 hours ago

6 new jobs created as January Tea Time opens at Damodar Complex in Labasa
Six new jobs have been created as January Tea Time Coffee Shop opened its first branch in Damodar Complex in Labasa. Director of January Tea Time, ...
7 hours ago



fijivillage Straight Talk with Vijay Narayan
Latest Videos

Stay tuned for the latest news on our radio stations

CFL radio frequencies
yb
IN DEPTH
SODELPA Management Board instructs Gavoka to hand over Education portfolio to Radrodro
The SODELPA Management Board has now asked SODELPA’s Parliamentary Leader and Deputy Prime Minister, Viliame Gavoka to relinquish his Education ...
2 days ago

Bainimarama and Qiliho's Acquittal Appeal
Coverage on the appeal filed by Acting Director of Public Prosecutions, John Rabuku against the acquittal of the former Prime Minister Voreqe ...
17 days ago

National Program Manager for Fiji 7s, Gareth Baber appears on fijivillage Straight Talk With Vijay Narayan
Gareth Baber appeared on fijivillage Straight Talk With Vijay Narayan to share his plans heading into the preparations for the upcoming tournaments ...
18 days ago

TOP