Bereng Mpaki KHOTSONG Lodge has temporarily shut down operations to make way for renovations and operational restructuring that will see the majority of its employees being laid off. The facility, which is located a few...
Category - Business
Lesotho Times
Bleak x-mas for wool farmers
Bereng Mpaki WOOL and mohair farmers endured a dry festive period after failing to receive payments for trading their fabric through the Lesotho Wool Centre (LWC). The furious farmers have blasted authorities at the...
Improve regulatory environment: Matete
INSURANCE giants Metropolitan last year celebrated its golden jubilee. The country has been involved in various corporate social initiatives (CSI) in health, education and sports. The company’s Chief Executive Officer...
‘Give tourism economic incentives not barriers’
Bereng Mpaki LOCAL tourism players have lamented the lack of economic incentives which they say are necessary to stimulate investment into the sector. This came out at the recent Tax Expo where the stakeholders lamented...
New Vodacom MD dreams big
MOBILE telecoms company, Vodacom Lesotho recently appointed Ghanaian Philip Amoateng as their new managing director to replace Rishaad Tayob. Mr Tayob left to take up another post at Vodacom South Africa at the end of...
Setipa lands top UN post
Bereng Mpaki FORMER trade minister Joshua Setipa has been appointed as the managing director for the United Nations’ (UN) Technology Bank for Least Developed Countries. The Technology Bank is the UN’s newest institution...
Reduce tax to stimulate growth: govt told
Bereng Mpaki LOCAL business says Lesotho should reduce its tax to stimulate economic growth. This was highlighted during discussions on the fiscal policy and the role of taxation at a tax expo that was organised by the...
LOIC fights back to relevance
Bereng Mpaki THE Lesotho Opportunities Industrialisation Centre (LOIC) is introducing new training programmes to stimulate the impact of its products in the market. The institution, which was established in 1978 to...
Government allays fuel shortage fears
Bereng Mpaki THE Ministry of Energy and Meteorology has moved to assure motorists that the current fuel shortage experienced by Puma filling stations is being addressed as a matter of urgency. The ministry indicated...
Factory employment up by 4 percent
Bereng Mpaki THE marginal 4, 4 percent increase in the number of persons employed in the textile sector had a direct impact on the otherwise modesty economic growth in the third quarter, the Central Bank of Lesotho...
