Category : Business

as stakeholders warn of increase in illicit trade Bereng Mpaki MINING minister Tšolo Temeki this week tabled the Tobacco and Alcohol Products Levy Bill 2020...

Nthatuoa Koeshe THE Lesotho PostBank and the Maluti Mountain Brewery (MMB) yesterday signed a memorandum of understanding (MoU) that will see the bank’s qualifying securing...

Bereng Mpaki MALUTI Mountain Brewery (MMB) has introduced its first alcohol-free beer, Castle Free. The beer is a response to the global trend of responsible...

Bereng Mpaki FINANCE Minister Moeketsi Majoro yesterday presented a largely static M21, 9 billion budget which reiterated his previous calls for a reduction in government...

Staff Reporter THE country’s restive civil servants have been awarded a five percent salary increment in the upcoming 2020/21 financial year. Finance Minister Moeketsi Majoro announced the salary...

Bereng Mpaki NATIONAL University of Lesotho economics lecturer, Ratjomose Machema, says a large part of the 2020/2021 budget allocations are not aligned to the country’s...

Staff Writer FINANCE minister Moeketsi Majoro has proposed a raft of tax increases to drive domestic revenue generation. Dr Majoro made the proposals in his...

Staff Writer WOOL and mohair farmers have rejected the government’s offer to pay off the debt that the Lesotho Wool Centre (LWC) owes to about...

Moorosi Tsiane THE Principal Secretary in the Ministry of Gender and Youth, Sport and Recreation Tjoetsane Seoka says the M339 million allocated to the ministry...

Leonard Nyambuya THE Minister of Finance Moeketsi Majoro must be commended for coming up with a budget statement given the environment in which it was...

Ntsebeng Motsoeli OPPOSITION parties have expressed mixed feeling on the 2020/2021 budget presented by opposition parties with many saying it is pro-rich. The leader of...

Bereng Mpaki THE World Bank has appointed Yoichiro Ishihara its country representative for Lesotho. The Japanese national Mr Ishihara began his tour of duty on...

Bereng Mpaki THE Masianokeng Lifestyle Centre has created at least 120 jobs since construction started. The construction of the M54 million worth property is nearing...

Herbert Moyo LUCAPA Diamond Company Limited has realised US$5, 5 million from the sale of diamonds from its Mothae Kimberlite Mine and Lulo Alluvial Mine...

Bereng Mpaki THE Lesotho Chamber of Commerce and Industry (LCCI) has commended the Ministry of Trade and Industry for establishing a new website that will...

Bereng Mpaki THE Ministry of Trade and Industry yesterday unveiled an electronic licensing portal that will facilitate license application and renewals online. Before the advent...

Bereng Mpaki LESOTHO has slid 16 places to 122 from 106 in the latest annual World Bank Doing Business rankings. The World Bank’s Doing Business...

Bereng Mpaki DELAYED approval of financing plans for the supply of water and power services could delay opening of the Ha-Belo industrial estate in Butha-Buthe....

Bereng Mpaki THE World Bank has approved a M740 million facility to fund the improvement of Lesotho’s energy supply. The funding is made up of...

Bereng Mpaki THE Central Bank of Lesotho (CBL) has estimated that the country will record a 2.2 percent growth in 2020. While the projected growth...

Bereng Mpaki Providing tertiary graduates with employment experience is beneficial to both the providing organisation and the graduate, Lesotho PostBank’s acting head of human capital...

Bataung Moeketsi MASERU Mall this week handed over 20 hampers with clothes, blankets, nappies and other items to mothers of babies born during the festive...

Bereng Mpaki HALF of Lesotho’s 2 million population still lives in abject poverty despite 47 000 people having graduated from the poverty bracket over the...

Bereng Mpaki LESOTHO PostBank (LPB) this week launched the country’s first flexible fixed deposit account that allows clients to withdraw and increase their deposits before...

Bataung Moeketsi MASERU Toyota this week handed over a brand-new pit latrine to a widowed cancer patient in Ha-Tsolo, Maseru. The beneficiary, Thakane Ntsoale, is...

Overview   The Forex market is one of the most easily accessible and liquid markets in the world. More brokers are extending their client bases...

Nthatuoa Koeshe THE Institute of Development Management (IDM) has marked its 45th birthday with a graduation ceremony at which 1400 students were capped. The graduation ceremony...