Parly committee calls for dialogue with MMB
—As brewery opposes latest alcohol levy hike Mathatisi Sebusi THE Ministry of Finance and Development Planning and the Maluti Mountain Brewery (MMB) must dialogue over the...
Category : Business
Public Works budget in limbo
….as committee demands evidence of withdrawal of court case Mohloai Mpesi THE Portfolio Committee on Natural Resources has directed the Ministry of Public Works...
Mukuru maintains seamless Cross-Border Payments amidst regulatory changes
Africa’s leading financial service provider, Mukuru, has stepped up to provide a solution for customers in South Africa, Lesotho, and Eswatini by leveraging its...
Vitality Health bridging pre-hospital emergency services gap
Mathatisi Sebusi BRIDGING medical emergency services gap in Lesotho and saving lives, which could otherwise be needlessly lost, is Vitality Health Lesotho’s primary mission. ...
Nedbank produces a strong financial performance
Leemisa Thuseho THE Nedbank Group has delivered a strong performance in first half of the year which saw its headline earnings increasing by 8% to M7.9...
Regulations for cross-border transactions tightened
Hopolang Mokhopi Effective September 14 2024, cross-border transactions will require more detailed information, including the origin of the transaction, the sender’s occupation, both the sender and...
Alliance Insurance launches ”Ska Wara Hae Turu” affordability campaign
Moroke Sekoboto Alliance Insurance has embarked on an ambitious affordability campaign aimed at promoting financial inclusion and literacy among Basotho. Dubbed Ska wara, hae turu (loosely translated, Don’t...
RSL partners with association of foreign firms
Moroke Sekoboto THE Revenue Services Lesotho (RSL) has partnered with the Agents of Foreign Firms Association of Lesotho (AFFAL) to try and enhance compliance by...
Nedbank Lesotho launches lucrative campaigns
Letsatsi Selikoe BANKING powerhouse, Nedbank Lesotho, has unveiled two “exciting” campaigns directed at its personal banking clients, schools as well as promoting domestic tourism. It has pledged M200 000...
CBL maintains repo rate
Hopolang Mokhopi CONSUMERS have been spared the wrath of economic inflation as the Central Bank of Lesotho’s Monetary Policy Committee (MPC) has kept the repo...
Vodacom Lesotho Foundation partners with LCE to establish central training hub
Letsatsi Selikoe THE Lesotho College of Education (LCE) and Vodacom Lesotho Foundation will sign a Memorandum of Understanding (MOU) today, marking a significant partnership aimed...
RSL sensitizes taxpayers on its digital systems
Leemisa Thuseho THE Revenue Services Lesotho (RSL) have completed its series of educational clinics aimed at improving clients’ tax compliance by enabling them to file their tax...
FNB-Lesotho launches card localization scheme
Hopolang Mokhopi FIRST National Bank (FNB)-Lesotho has officially launched its card localisation scheme aimed at enhancing financial inclusion and facilitating payments. The FNB-Lesotho card localisation...
SLB assists learners with career guidance
Staff Reporter Standard Lesotho Bank (SLB) is currently holding a week-long career guidance programme for High School students across five districts in the country. The...
Nedbank Group achieves profit targets
Mohalenyane Phakela THE Nedbank Group has once again achieved a stellar performance, attaining all its targets for the financial year ended 31 December 2023. According to the bank’s managing executive: Nedbank...
SLB launches lending drive
…to help clients achieve their dreams Moroke Sekoboto STANDARD Lesotho Bank (SLB) this week launched another cycle of its Lending Campaign aimed at making it easy...
Mukuru on the pulse of fast, efficient international money transfers
Tokelo Khausela MUKURU has enhanced their current product suite to enable customers to instantly transfer funds from Lesotho to any major bank account in South...
CBL’s repo rate unchanged
Moroke Sekoboto THE Central Bank of Lesotho (CBL) has kept the repo rate unchanged at 7.75 percent, cushioning hard pressed consumers from immediate interest rate...
Mukuru introduces instant money transfer
Moroke Sekoboto Mobile money platform, Mukuru, has enhanced its money transfer services as monies deposited via Mokuru Lesotho platforms can now reflect into South African accounts...
Abeco Tanks: Pioneering Water Security Solutions in Lesotho
Lesotho, known as the “Kingdom in the Sky” due to its mountainous terrain, faces a pressing crisis related to water security and aging infrastructure. This...
Minister urges new RSL boss to broaden tax net
Leemisa Thuseho/Moroke Sekoboto Finance and Development Planning Minister, Rets’elisitsoe Matlanyane, has urged newly appointed Revenue Services Lesotho (RSL) Commissioner-General, ‘Mathabo Mokoko, to broaden the tax...
Mothae outshines African counterpart
Seithati Motšoeneng Mothae Kimberlite Mine has beaten its Angolan sister company, Lulo Alluvial Mine, in diamond production from the period January to June 2023. The...
Market lessons that are never learned
When we look back at bubbles and crashes through history, we often placate ourselves by thinking “nobody saw it coming back then, but if I...
Letšeng capacitates police in fight against crime
Moroke Sekoboto Mining giant, Letšeng Diamond, on Friday donated a Toyota Land Cruiser to the Lesotho Mounted Police Service (LMPS). The donation was part of...
Letshego launches loan repayment campaign
Tokelo Khausela MICRO-LENDER, Letshego Financial Services Lesotho, yesterday launched a scheme meant to provide financial relief and convenience to customers to streamline their debt-management while...
Letshego launches loan repayment campaign
Tokelo Khausela MICRO-LENDER, Letshego Financial Services Lesotho, yesterday launched a scheme meant to provide financial relief and convenience to customers to streamline their debt-management while...
Vodacom donates shoes to vulnerable children
Seithati Motsoeneng Telecommunication powerhouse Vodacom Lesotho has handed over 2000 pairs of school shoes to the Ministry of Education for onward donation to vulnerable children...
Tax collector misses target by M150 million
Tokelo Khausela The Ministry of Finance and Development Planning’s tax-collection arm, Revenue Services Lesotho (RSL), has missed its quarterly target for Value Added Tax (VAT)...
Pick n Pay Masianokeng will mark its third anniversary of changing the lives of Basotho in the Southern side of urban Maseru.
This is Pick n Pay’s second store after the Pioneer Mall branch, which opened in 2009. The supermarket first opened its doors at the Masianokeng...
Nedbank Group revels in profits
Mohalenyane Phakela THE Nedbank Group has celebrated its “outstanding” performance for the first half of the year. According to the bank’s Managing Executive, Nedbank Africa...