State Farmer Delivers Solid Half-Year Result
State farmer Landcorp, trading as Pamu, is a forecasting a full-year net profit of around $100 million.
It seems even the previous government – not widely known for its business acumen – was not impressed by the way Pāmu is operating.
This led to former State Owned Enterprises Minister Duncan Webb writing to the government-owned farmer’s board instructing it to “concentrate its core business and commercial disciplines”.
This is something your old mate has been calling on for years.
Perhaps the new government will now take a look at Pamū’s board appointments and actually pick people with more farming knowledge and skills – rather than allocating such roles based on woke ideals such as gender and racial diversity that seemed to be the previous administration’s MO!
