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Business
BEDCO expo targets wider market
Bereng Mpaki
THE 2020 edition of the Basotho Enterprise Development Corporation (BEDCO) micro, small to medium enterprises (MSMEs) expo will expose more local products to markets than the usual physical exhibition.
BEDCO chief…
Micro financier revels in exceptional service
Bereng Mpaki
THUSONG Financial Services (TFS) says it owes its reputation of exceptional customer service to its clients’ loyalty.
The Maseru-based microfinance institution also has branches in Leribe and Mafeteng and…
Home loans are the cheapest lending product-SLB
Bereng Mpaki
HOME loans are among the most affordable loan schemes in terms of interest rates that an applicant can get from a bank, Standard Lesotho Bank (SLB) has said.
SLB home loans manager Azael Makara said the bank…
LRA digitises VAT clearance
Bereng Mpaki
THE Lesotho Revenue Authority (LRA) this week introduced a digital platform for value added tax (VAT) registration to enhance efficiency.
The online platform is expected to significantly reduce the turnaround…
Alliance, PostBank join forces
Bereng Mpaki
ALLIANCE Insurance and Lesotho PostBank (LPB) yesterday announced a new partnership that will allow for payment of insurance premiums through the LPB’s Khetsi mobile money platform.
Alliance Insurance chief financial…
FNB Lesotho bags four PMR awards
Bereng Mpaki
FNB Lesotho wins two Diamond Arrow Awards for the Best Business and Personal Bank of the Year in this year’s edition of the PMR Africa Awards.
The awards were held at a Maseru hotel yesterday.
The bank also scooped two…
LNDC and banks urged to prioritise youths
Nthatuoa Koeshe
LOCAL banks and the Lesotho National Development Corporation (LNDC) must relax their stringent conditions for issuing loans to enable youths to benefit, the Mohale's Hoek business community has said.
This is…
Economy activity up by 9, 4 percent – CBL
Bereng Mpaki
THE Central Bank of Lesotho (CBL) says the economy is showing signs of recovery with economic activity rising by 9, 4 percent in the third quarter of 2020.
Despite the positive signs, there remains risks of possible…
CBS wins PMR Africa awards
Nthatuoa Koeshe
COMPUTER Business Solutions (CBS) yesterday bagged four PMR Africa awards at a ceremony held at Maseru Avani.
The firm was named the leader in the country’s IT sector and this earned the organisation four awards — two…
BEDCO in five-year strategic plan
Bereng Mpaki
THE Basotho Enterprises Development Corporation (BEDCO) is hoping to use its newly developed five-year strategic plan to turnaround its wanning fortunes.
BEDCO is a public entity mandated to develop Basotho enterprises by…