Category : Business

Bereng Mpaki THE Governor of the Central Bank of Lesotho (CBL), Retšelisitsoe Matlanyane, says the country’s low production capacity is a risk to its economic...

Bereng Mpaki LETŠENG Diamond Mine’s improved operational performance recorded in 2018 has been attributed to its Business Transformation strategy implemented in 2017. The Business Transformation...

Bereng Mpaki THE Economic and Development cluster committee of the National Assembly has expressed its reservations on the ability of Lesotho Revenue Authority (LRA) to...

Bereng Mpaki TAXPAYERS can now engage the services of licensed accountants to help with matters related to filing their tax returns. This is after the...

Bereng Mpaki LESOTHO’s gross domestic product (GDP) recorded a marginal growth of 1, 9 percent during the year 2018, making a slight recovery from the...

Staff Writer AFRICAN countries’ pace of debt accumulation has been high in recent years, due to their efforts to finance sustainable development goals (SDGs) and the African Union’s...

Pascalinah Kabi THE Ministry of Water has engaged the Pitsong Institute of Implementation Research (PIIR), a private consultancy to capacitate councilors to play their role...

Bereng Mpaki LESOTHO faces a ‘fiscal and unemployment crisis’ and the government must implement painful decisions including reducing its own expenditure on salaries and use...

…‘sin tax’ on alcohol and tobacco set to spark price increases Staff Reporter BEER drinkers are among those who will have to dig deeper into...

Pascalinah Kabi THERE will be a five percent salary cut for ministers, a reduction in their costly foreign trips as well as the abolition of...

Staff Reporter …Majoro says government cannot afford salary increments …zero percent wage increase will likely fuel civil servants’ discontent THERE was no joy for the country’s restive...

Bereng Mpaki THE national budget for the fiscal year 2019/20 which was presented by the Minister of Finance Moeketsi Majoro before parliament yesterday came with...

Leonard Nyambuya The Minister of Finance Moeketsi Majoro presented an austerity budget on Tuesday, which fully implemented will pass a major fiscal test, in the...

Staff Reporter FINANCE Minister Moeketsi Majoro proposed several measures to rein on government spending and ensure greater fiscal discipline. Apart from the various taxes on...

Staff Writer THE Minister of Finance, Moeketsi Majoro, has postponed the long-awaited presentation of his national budget that was penned in for today to next...

Bereng Mpaki BOKANG Matsipa, one of the pioneers in the medical marijuana production sector in Lesotho, has welcomed government’s decision to hike the license fees...

Nthatuoa Koeshe ROAD Fund Lesotho is set to take part in this year’s edition of the African Roads Maintenance Funds Association (ARMFA) annual general assembly,...

Bereng Mpaki MEDIGROW Lesotho, one of the flagship companies operating in the medical cannabis industry, expects to sell its first commercial produce by the second...

Nthatuoa Koeshe THE Lesotho Post Bank recently spent over M114 000 to paint a hall at St Barabbas High School in Masite, in Maseru. Thirty...

Bereng Mpaki SOUTH African wool and mohair broker, BKB has begged the Senate to repeal the Agricultural Marketing (Wool and Mohair Licensing) Regulations 2018 to...

Bereng Mpaki THE government is next month set to conduct a dialogue with the private sector to bridge the gap of unemployment. This was said...

Bereng Mpaki THIRTY-five winners each walked away with big prizes on Saturday as Econet Telecom Lesotho (ETL) wrapped up its summer competition. The three-months campaign,...

Bereng Mpaki TSITSI Masiyiwa, the co-founder of the Econet Group’s philanthropic arm HigherLife Foundation, has commended Her Majesty Queen ‘Masenate Mohato Seeiso’s role in empowering...

Bereng Mpaki LETŠENG Diamond Mine has paid a dividend of US$5, 2 million (about M70 million) to the government of Lesotho as share of the...