Minister for Finance and Treasury and Minister for Communication and Aviation
Minister for Communication and Aviation
Board of Directors
|Christian Alan Siale||Member||10/10/2015|
|Georger Selwyn Kiriau||Member||16/09/2015|
|Mr. Gideon Zoleveke||Member||16/09/2016|
Solomon Islands Postal Corporation (SIPC) is a state-owned enterprise established by an Act of Parliament in 1996 to provide postal services within Solomon Islands and to other countries.
SIPC is governed by a board of directors that is responsible to the Accountable Ministers, being the Responsible Minister and the Minister of Finance. The Responsible Minister is the Minister for Communication and Aviation, currently Minister.
Vision and Mission
SIPC’s vision is to “be a trusted leading provider of world-class postal services and other related innovative services and to be recognized as the best model of SOE in the South Pacific”. Its mission is to “provide high quality and modern postal services within Solomon Islands and other countries, carry on any business or activity relating to postal services to bridge customers, provide telecommunications, value added services including electronic mail, electronic data interchange, internet services, electronic funds transfer services, financial services, e-commerce services and any other appropriate or related services for customers’ better life”.
Community Service Obligations
SIPC received in SBD1.9 million in CSO payments for 2015 and 2016. These CSOs are for the provision of postal services to 8 provincial post offices (Auki, Buala, Gizo, Kirakira, Lata, Munda, Tulagi and Taro). The CSOs were subject to a contract with the Ministry of Finance.
|(SBD ‘000)||2013||2014||2015||2016||2017||5-yr Average|
|Net Profit After Tax||-3,058||-676||-1,487||962||3,669||-1,970|
|Cash / Current liabilities||1.327||0.390||0.012||0.015||0.061||0.361|