February 04, 2013
Tainui seeks recipe for prosperity
Tainui has been told it needs to set clear goals and priorities if it is to advance socially, culturally and economically.
The tribe has gathered at Turangawaewae Marae for a two day hui-ā-tau on its governance structures and future direction.
Adam Gifford from Radio Waatea is in Ngaruawahia.
“The hui is a bid by King Tuheitia and new Kahui Ariki representative Tukoroirangi Morgan to break the cycle of division that has bogged down the tribe’s parliaments and executive. The call has resonated among grass roots with about 500 people packing out the dining hall. The first session was on economic prosperity with the new Tainui Group Holdings Chair Sir Henry Van Der Heyden sharing his experiences with farmer co-operative Fonterra to offer lessons before the tribe. He stressed the importance of holding capital at the centre, in case of Tainui, with Tainui Group Holdings, rather than spreading it too thinly. Sir Henry says to get the best out of TGH, it needed a statement of shareholder intent. In this case, a statement of tribal intent so the company knew where it should be going”. Adam Gifford says.
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