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Stock Exchange CEO reminds about financial literacy and AI readiness

Stock Exchange CEO reminds about financial literacy and AI readiness
South Pacific Stock Exchange Chief Executive Officer Sheraj Obeyesekere

Ring the Bell for Financial Literacy ceremony brought together policymakers, business leaders and members of Fiji’s capital market fraternity to highlight the growing importance of financial literacy, as well as raising awareness on artificial intelligence, fraud and scam prevention.

South Pacific Stock Exchange Chief Executive Officer, Sheraj Obeyesekere says promoting financial literacy is about empowering communities with the knowledge and tools to improve their financial well-being.

Obeyesekere says that public interest in investing continues to grow, with many individuals and stakeholders eager to sign up for shares.

He has confidence that the SPX’s five-year plan will successfully come to fruition.

He emphasises that the SPX remains Fiji’s only licensed securities exchange, facilitating capital raising and secondary market trading under the regulatory oversight of the Reserve Bank of Fiji.

The exchange provides investors access to established local companies while offering businesses incentives such as reduced corporate tax rates for listing.

When asked by fijivillage News about upcoming plans, Obeyesekere says the SPX will soon meet with stakeholders and listed companies to understand their concerns and explore innovative, creative solutions.

He adds that once consultations are completed, the SPX will move to implement its strategic plan and conduct thorough reviews of existing policies and technology systems where necessary.

Credit Corp Fiji Care
Credit Corp Fiji Care

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