PAC lays bare the massive corruption at M12 billion Pension Fund
Tariff negotiations still on’ – Shelile
Justice denied for the poor
From adversity to advocacy: a young lawyer’s journey
…Names corrupt trustees who have received kickbacks
—Calls for their expulsion from Board of Trustees
—Slates Akani and Mergence’s Semoli Mokhanoi for impropriety
Mohloai Mpesi
THE massive corruption at Lesotho’s M12 billion Pension Fund has been laid bare in a report by the parliamentary Public Accounts Committee (PAC).
Some of the Fund’s trustees, according to the report, have accepted kickbacks from service providers competing for contracts from the Fund.
Some trustees are business associates and friends of the Fund’s Principal Officer, tasked with running its.
businessnews
LHDA blasts NGOs
Medical council cracks down on bogus health facilities
Another DC MP defects to RFP
Another police torture victim left paralysed
Banking sector in push for financial inclusion
Tariff negotiations still on’ – Shelile
Justice denied for the poor
From adversity to advocacy: a young lawyer’s journey
…and innovative payment system
Moroke Sekoboto
THE Central Bank of Lesotho (CBL), in collaboration with the banking sector, has reaffirmed its commitment to driving innovation in the national payment system and building a secure, inclusive, and future-focused financial ecosystem.
Speaking at the launch of Point of Sale (POS) functionality on LeSwitch yesterday at the Lehakoe Recreational and Cultural Centre, Standard Lesotho Bank’s Samuel Koatla, said the initiative began in 2016, with the conceptualisation phase concluding in 2021.
Mr Koatla explained that the National.
businessnews
LNDC bids to revive textile industry
Alliance allays fears for its policies
World Bank urges private sector led growth
Lesana lists on Maseru Securities Market
Prison guards’ go-slow spreads
The owl does not have horns
Foolish fury and naked hypocrisy
Thahane’s dismissal hailed
Director grilled over M170 000 Nikuv ‘loan’
Of bedroom strategies, boardroom plans
The true definition of an adult
Former soldier shot dead in fight over nun
BIGINTERVIEW
We threatened to sue GS after she refused to meet us – Pitsong
ASSET declaration, a critical tool for preventing corruption and ensuring transparency, accountability, and public trust, is a legal requirement for public officials to disclose their financial assets and interests.
Asset declarations are designed to identify potential conflicts of interest and unjustified wealth, thereby deterring and detecting corruption among public servants.
They also enhance overall transparency and accountability in government. Importantly, asset disclosures help foster public trust in state institutions – a vital element in a country like Lesotho, where corruption is rampant in the civil service and other societal strata.
Yet it is deeply concerning that the vast majority of Lesotho’s government officials, including legislators and senators, have failed to comply with this crucial anti-corruption measure.
Recent data is alarming – of the 1,044 Lesotho’s public officials required to declare their assets in the 2024-2025 reporting period,.
MORENEWS
PAC lays bare the massive corruption at M12 billion Pension Fund
LEC in another fraud and procurement scandal
Tariff negotiations still on’ – Shelile
Justice denied for the poor
ENTERTAINMENT
—Partners with YME for annual Spring Music Festival
—To develop talent and broaden perception of insurance
Seithati Motṧoeneng
IN a strategic move intended to broaden the perception about insurance products while supporting young local talent, LNIG Hollard Lesotho has teamed up with the Young Musicians Emporium (YME) to host the annual Spring Music Festival.
The event, which takes place every November but is planned for several months in advance, aims to educate young musicians about copyright laws, royalties, and other vital aspects of.
MORENEWS
Step Afrika! dances into the heart of Lesotho
Rated R hangs up the mic
Nadia Nakai set to drop AKA tribute single ahead of his birthday
Prison guards’ go-slow spreads
The owl does not have horns
Foolish fury and naked hypocrisy
Thahane’s dismissal hailed
Director grilled over M170 000 Nikuv ‘loan’
Of bedroom strategies, boardroom plans
The true definition of an adult
Former soldier shot dead in fight over nun
CLIMATE CHANGE
With renewed hope for climate sustainability
Seithati Mots’oeneng
THE just ended Improving Adaptive Capacity of Vulnerable and Food-insecure Populations (IACoV) project, has made significant strides in enhancing climate sustainability in Lesotho.
IACoV officially concluded on a triumphant note this week, having empowered more than 10 000 families across Lesotho over a five-year period, to combat the pressing challenges of climate change and enhance food security.
Launched in 2020 and funded to tune of.
Prison guards’ go-slow spreads
The owl does not have horns
Foolish fury and naked hypocrisy
Thahane’s dismissal hailed
Director grilled over M170 000 Nikuv ‘loan’
Of bedroom strategies, boardroom plans
The true definition of an adult
Former soldier shot dead in fight over nun
LRA raids CGM