Category : Business

’Marafaele Mohloboli THE government has slashed the budget for international trips and cabinet ministers will now be required to submit to Prime Minister, Thomas Thabane,...

Bereng Mpaki THE Chief Executive Officer of Lesotho Postbank, Molefi Leqhaoe, has welcomed the move by government to consolidate its financial assistance towards development of...

..as some ministries’ budgets are increased and others slashed Mohalenyane Phakela THE national budget for the fiscal year 2018/19 which was presented by the Minister...

Nthatuoa Koeshe THE government is committed to the sustainable development goals (SDGs) agenda by ensuring that the health sector offers universal health coverage to all...

’Marafaele Mohloboli OPPOSITION parties have expressed their disappointment with the budget presentation for the 2018/19 financial year. Former Prime Minister, Pakalitha Mosisili, said the budget...

Tsitsi Matope THE Lesotho mining industry remains a preserve of a few foreign investors, half a century after the country gained independence in 1966. In...

Bereng Mpaki THE International Monetary Fund (IMF) has painted a bleak picture of Lesotho’s short-term economic prospects characterised by slower than expected growth on the...

 Mohalenyane Phakela THE Minister of Labour and Employment, Keketso Rantṧo has accused the garment factory operators of failing to improve the working conditions at the...

Bereng Mpaki SMARTEL Money is set to make history as the first ever locally developed mobile money issuer company in Lesotho when it launches operations...

Bereng Mpaki THE Central Bank of Lesotho (CBL) has warned the nation against embracing cryptocurrencies such as the universally popular bitcoin, saying they were not...

Bereng Mpaki THE development of agro-processing industry is high on the list of priorities in the new five-year strategic development plan that the Lesotho National...

Mohalenyane Phakela SMALL Businesses, Cooperatives and Marketing Minister, Chalane Phori, has threatened to ban foreign business owners who violate the terms of their trading licences...

Nthatuoa Koeshe THE World Bank Group Executive Director, Andrew Ndaamunhu Bvumbe arrived in Lesotho yesterday on a two-day official visit that will put the World...

Bereng Mpaki MOBILE communications giant, Vodacom Lesotho, has embarked on various strategies to protect the planet against harmful emissions, among them, the use of solar...

Herbert Moyo LUCAPA Diamond Company Limited this week reported diamond recoveries from its bulk sampling programme at its Mothae Mine, the largest being a 6, 6 carat...

Keiso Mohloboli BUSINESS is booming in the country’s fledgling diamond mining industry amid revelations that Gem Diamonds and Lucapa Diamond Company yielded significant multi-million dollar...

Mohalenyane Phakela DIAMOND mining concern, Letšeng Diamonds, has appointed former Lesotho National Development Corporation (LNDC) Chief Executive Officer (CEO), Kelebone Leisanyane, as its CEO with...

Tsitsi Matope GROWING up in rural Mokhotlong, Tefo Mapesela never imagined that one day, he would be one of Lesotho’s top politicians, let alone become a minister...

Bereng Mpaki THE Central Bank of Lesotho (CBL) has increased its interest rate to 7.00 percent from 6.75 percent, in a move meant to achieve...

Internet connectivity to the homes and offices has been taken to another level since fiber roll out by telecommunications giant, Econet. This was revealed by...

Bereng Mpaki THE Lesotho Revenue Authority (LRA) has secured an undisclosed funding from the African Development Bank (AfDB) for support in its plans to introduce...

Mohalenyane Phakela LOCAL business people have rapped the Lesotho Revenue Authority (LRA) for making arbitrary changes to the import regulations, saying these were causing them...

Bereng Mpaki ECONET Telecom Lesotho’s new Traffic Camera service has come in handy for commuters, helping them to properly plan their routes in order to...

Bereng Mpaki THE Minister of Mining, Keketso Sello, says his ministry is currently in discussions with a South African training institute over the establishing mining...

Bereng Mpaki WHEN the producers of Linford Vodka put their product on the market for the first time last December, nothing could have prepared them...

Herbert Moyo THE government of Lesotho has identified manufacturing, tourism, technology and agriculture as the four pillars that will drive economic growth under the second...

Bereng Mpaki LETŠENG Diamonds began the new year in style, amid revelations that the diamond mining concern this week uncovered two diamonds each more than...

Bereng Mpaki HEALTH facilities in the Leribe district are reporting an upturn in staff morale and general improvement in the quality of health services courtesy...

Bereng Mpaki LESOTHO needs to overhaul its land tenure system in order to realise its immense potential in commercial agricultural production, the Minister of Agriculture...

Mimi Machakaire AVANI Lesotho held a long-service award ceremony earlier this month in honour of 30 employees that have served the hotel for between five...