Category : Business

  PRETORIA – Any further ratings downgrade of South Africa could lead to increased capital outflows, the central bank said on Tuesday. Ratings agencies have...

  Bereng Mpaki THE business community has bemoaned the recent electricity tariff increases, saying they would have no choice but to pass on the cost...

  Rethabile Pitso BASOTHO have been called upon to obtain intellectual property (IP) rights to protect their creative ideas from being stolen and to foster...

  Bereng Mpaki CONSUMERS must brace for a shortage of white mealie meal in the coming months, as food producers battle the effects of drought...

  Rethabile Pitso KENTUCKY Fried Chicken (KFC) Local Store Marketing officer Ramafahla Thamae this week assured Basotho of the fast food company’s commitment to serving...

  Bereng Mpaki FIRST National Bank (FNB) has pledged to continue opening new branches across the country to ensure the financial inclusion of Basotho. This...

  Bereng Mpaki GLOBAL rating agency, Fitch Ratings has downgraded Lesotho’s international credit ratings citing the decline in South African Customs Union (SACU) revenues and...

  Bereng Mpaki THE Maseru City Council (MCC) is cracking the whip on residents who are defaulting on paying municipal service fees. According to MCC...

  Rethabile Pitso A CHILD-HEADED family’s dream of decent accommodation finally came true in Ha-Matšaba village, Maseru after Standard Lesotho Bank (SLB) and Habitat for...

  Bereng Mpaki THE Private Sector Foundation of Lesotho (PSFL) has called on the government to invest in business start-ups to address the challenge of...

  JOHANNESBURG – The internet-based nature of MMM, South Africa’s latest alleged Ponzi scheme, is posing difficulties for authorities seeking to prosecute the perpetrators. The...

  Sub-Saharan Africa’s economies have lost steam because of the collapse of global commodity prices and will continue to struggle to regain momentum this year,...

  . . . as higher fuel prices increase transport costs Bereng Mpaki THE latest fuel price increases which resulted in the price of petrol...

  Rethabile Pitso THE Lesotho Tourism Development Corporation (LTDC) has appealed to local manufacturers in the tourism industry to make use of the agency’s new...

  Rethabile Pitso THE Central Bank of Lesotho (CBL) has launched a campaign aimed at curbing money laundering in conjunction with mobile money services providers...

  JOHANNESBURG – Political upheavals in South Africa pose a risk to its sovereign credit rating, ratings firm Standard & Poor’s said yesterday, a day...

  Rethabile Pitso MARKETING firm, Valence Group, will on Saturday launch a series of seminars in in Khubetsoana meant to equip youths with life skills...

  Bereng Mpaki THE government is finalising policies to increase the private sector’s participation in the energy sector to feed into the national grid and...

  Rethabile Pitso VODACOM Lesotho (VCL) has launched its revamped Mega Millions competition in which a variety of prizes worth over M5 million are up...

  . . . as tax authority exceeds target by 13% Bereng Mpaki FINANCE Minister ‘Mamphono Khaketla says the continued improvement of domestic revenue collection...

  . . . as first privately-owned airline launches Maseru-Joburg route Rethabile Pitso THE long awaited launch of Lesotho’s first privately-owned commercial airline became a...

  Bereng Mpaki DEPUTY Prime Minister Mothetjoa Metsing will next month lead a delegation of government officials and business executives to the United Kingdom to...

  . . . advocates for organically produced foods Bereng Mpaki THE Consumer Protection Association (CPA) has warned the public on the health risks of...

  Bereng Mpaki THE Central Bank of Lesotho (CBL) has revised its CBL rate from 6.75 percent to seven percent in response to recent adverse...

  . . . as drought’s blight spreads from farmer to customer Rethabile Pitso CONSUMERS are having to dig deeper in their pockets to foot...

  Bereng Mpaki THE Ministry of Mining has set aside M5 million of its budgetary allocation towards the establishment of a diamond centre. According to...

  Bereng Mpaki FIRST National Bank Lesotho (FNB) yesterday launched the Cash Deposita – an innovative cash management system in Maseru. The device, which is...

  . . . as major sponsor is set to pull out in June Rethabile Pitso THE future of Better Work Lesotho (BWL) hangs in...

  Bereng Mpaki THE government is at an advanced stage of finding a buyer for Mothae Diamond Mine, Mining Minister Lebohang Thotanyana has said. The...

  Billy Ntaote FORMER Finance Minister, Dr Leketekete Ketso, has warned the government to tread with caution in drawing down its foreign currency reserves to...