Shares

Fiji govt buys shares in Drua rugby team

The purchase is worth $6 million Fiji dollars, equivalent to $3 million US dollars.

It was announced as part of the Revised National Budget, in the Fiji Parliament Thursday night by Minister of Finance Aiyaz Sayed-Khaiyum.

The Minister also explained that it had acquired a 51 percent share in Counter Ruck Pte Limited, which was established to manage and operate the Drua team.

Sharing on Facebook drops 21%

At least, that's according to a couple of reports this week outlining a sharp decline in "original", personal posts from its users, and what Facebook is trying to do to reverse the trend.