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Post by Kiwi Frontline on Oct 3, 2016 16:00:59 GMT 12
TRIBAL WEALTH CONTINUES TO GROW WHĀNAU WELLBEINGTe Rūnanga o Ngāi Tahu has achieved another strong financial performance with a profit of $168.73m (post distribution) for the year ended 30 June 2016. Te Rūnanga has received a distribution of $44.2m for the year from its commercial arm for tribal development bringing the total since Settlement to $396m. Over the past year $11.4m was spent on Oranga (wellbeing) including business and enterprise development and homeownership initiatives, $4.6m on environmental protection and enhancement projects, $3.5m on education and $4.1m on projects to enhance the culture and identity.... www.scoop.co.nz/stories/BU1610/S00016/tribal-wealth-continues-to-grow-whanau-wellbeing.htm
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