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Business
Farmers’ debt costs wool broker licence
Bereng Mpaki
THE Ministry of Small Business Development, Cooperatives and Marketing this week suspended Maseru Dawning’s operating licence for the broker’s failure to pay wool farmers for auctioned fabric as far back as the…
LNDC to set up special economic zone in Mafeteng
Bereng Mpaki
THE Lesotho National Development Corporation (LNDC) is establishing the country’s maiden special economic zone (SEZ) in Mafeteng.
A special economic zone is a business area with different business and trade laws…
Rent relief for commercial property owners
Bereng Mpaki
OWNERS of commercial properties will soon share M50 million from a government rent relief scheme that is being implemented to cushion businesses against the negative effects of the Covid-19 pandemic.
The government has…
Small Business minister blasts officials
Bereng Mpaki
THE Minister of Small Business Development, Cooperatives and Marketing, Keketso Sello, last week blasted officials from his ministry who are stationed in Mokhotlong for failing to satisfactorily do their jobs.
Mr Sello…
Allowing small-scale diamond mining will empower locals-Tjatja
THE Ministry of Mining is pushing for the licensing of small-scale diamond miners which it says will help in boosting the economy. Small scale mining was banned in 1968 after worries about the safety of miners among other issues.…
Factory shells to help alleviate unemployment
Bereng Mpaki
THE construction of more factory shells will help the government address the rising unemployment rate, Trade and Industry Thabiso Molapo has said.
Dr Molapo said this during a familiarisation tour of the…
Rent relief for commercial property owners
Bereng Mpaki
OWNERS of commercial properties will soon share M50 million from a government rent relief scheme that is being implemented to cushion businesses against the negative effects of the Covid-19 pandemic.
The government has…
Shelve liquor, tobacco levy bill-parly told
Bereng Mpaki
THE parliamentary economic and development cluster committee must shelve its plans to implement the Tobacco and Alcohol Products Levy Bill 2020 lest it stifles growth, players in the respective industries have said.
In…
PostBank donates to the elderly
Nthatuoa Koeshe
LESOTHO PostBank yesterday donated food parcels to Reitumetse Church Project, a home of the elderly in Mazenod.
The parcels which were worth M5000 included different grains, sugar and rice. The goods are meant for the…
Govt relaxes Covid restrictions
restaurants, gyms to open today
more activities to be allowed over time to boost economy, PM says
Bereng Mpaki
THE government has relaxed stringent restrictions to allow more economic activities to resume operations, Prime…