Category : Business

  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...

  Rethabile Pitso THE Central Bank of Lesotho (CBL) held a consultative meeting with various stakeholders on Monday to gather views ahead of a rebranding...

  GABORONE — Botswana’s mining industry faces further job losses as it reels from the global slump in commodities, with copper miner BCL set to...

  Bereng Mpaki NEDBANK Lesotho has opened a new branch in Teyateyaneng, Berea as part of its ambitious plan to widen its reach to customers...

Ratings agency Moody’s has placed South Africa on review for downgrade, which could lead to it being declared a junk country. While Finance Minister Pravin...

  Bereng Mpaki THE government is in the process of revoking nine mineral prospecting licenses after the holders failed to begin exploration work, Minister of...

  Rethabile Pitso METROPOLITAN Lesotho showered top-performing students and schools in the 2015 academic year with prizes worth M250 000. The prizes, which were handed...

  Bereng Mpaki FIRST National Bank Lesotho (FNBL) Chief Executive Officer Martin Knollys says he has a “personal mission” to ensure Basotho derive maximum benefit...

  Bereng Mpaki RETIREMENT planning is an area most people tend to overlook during their time of employment yet it is an inevitable part of...

  Barclays said it will sell down the stake in its Africa business and reorganise the company into two divisions, as fourth-quarter profit fell by...

  . . . as govt explores alternative sources of income Bereng Mpaki SOUTH African Customs Union (SACU) revenues to the fiscus are set to...

  Rethabile Pitso MOSHOESHOE I International Airport is set for a major upgrade following the inking of a M232.56 million financing agreement between the government...

  Rethabile Pitso AVANI Lesotho hotel group has received an award for sales excellence in 2015 from its parent company Minor Hotel Group (MHG). This...

  Bereng Mpaki THE Central Bank of Lesotho (CBL) has introduced a new M200 bank note which will go into circulation in April this year....

  Bereng Mpaki MALUTI Mountain Brewery (MMB) Managing Director Tom Mpedi says the company’s youth entrepreneurship development programme Kickstart has made a significant impact in...

  Bereng Mpaki THE International Monetary Fund (IMF) has warned that Lesotho’s economy is “speeding towards a fiscal cliff”, adding that the Mountain Kingdom still...