Business

  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 extensive cross-boarder network to help …

  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.  This is according to Vitality …

  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 billion.  The interim financial results …

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 receiver’s residence, and the purpose …

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 worry, it is not expensive), …

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 its members with the RSL’s …

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 for these campaigns which are …

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 rate unchanged at 7.75 percent.  …

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 at enhancing Information Communication Technology …

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 returns and pay taxes online …

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 process is being done as …

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 Bank has invested M150 000 …

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 Africa Regions (NAR), Terence G Sibiya, …

…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 for clients to access loans from …

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 Africa. Speaking to the Lesotho …

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 hikes. The repo rate is …

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 within an hour. Mukuru 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 landlocked nation’s economy, agriculture, industries, …

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 net to help the institution …

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 two companies are owned by …

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 had been alive I would’ve …

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 Letšeng’s efforts to assist the …

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 benefiting from reduced interest rates. …

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 benefiting from reduced interest rates. …

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 in the districts of Mokhotlong, …

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) by about M150 million. According …

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 Lifestyle Centre on 12 August …

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 Regions, Terence G Sibiya, the …

Moroke Sekoboto TELECOMMUNICATIONS giant, Vodacom Lesotho, has been hailed for changing Basotho’s lives through its mobile money platform, M-Pesa. Different testimonies poured out on Monday night when Vodacom celebrated a …

Moroke Sekoboto Rising unemployment coupled with surging inflationary pressure require citizens who are well-equipped with personal financial management skills and understand the benefits and risks associated with money. This is …