Business

Silence Charumbira FINANCIAL Technology (FINTECH) company, Chaperone’s payments platform, C-Pay, has been named the Most Innovative Digital Payments Platform 2022 for Southern Africa by the United Kingdom (UK)’s Wealth and…

  Nthabiseng Libate THABA Bosiu Risk Solutions has been awarded the Diamond Arrow Award in the 2022 PMR Africa Awards for its outstanding insurance work. PMR Africa Awards are meant…

  Silence Charumbira THE Nedbank Group has delivered an excellent financial performance in the first half of 2022 ending 30 June 2022, with 26 percent growth in headline earnings per…

Moroke Sekoboto MULTI dimensional company, Phallo Cooperation, seeks to be Lesotho’s leading economic driver by developing several projects that will offer the youth investment and job opportunities. The company, which…

  Tokelo Khausela THE Lesotho Tourism Development Corporation (LTDC) will this weekend lead celebrations to mark the start of the ploughing and planting season, known as Selemo sa Basotho. Selemo…

  Bereng Mpaki ACTING Auditor General, Monica Besetsa, has warned that the government could be blacklisted by its suppliers for its failure to pay them on time. The government’s outstanding…

Bereng Mpaki WORKERS at a road construction site at Polihali Dam under the second phase of the Lesotho Highlands Water Project (LHWP) yesterday agreed to end their three-day strike. The…

  Bereng Mpaki FINANCIAL institutions can now vet their clients’ credit worthiness before approving their loan applications to stem the high levels of indebtedness. This after the launch of the…

  Bereng Mpaki LEATHER goods manufacturer, Jalad Africa, has struck a deal to list its products on global electronic commerce platform, Amazon to supply the United States (US) market. The…

  Bereng Mpaki THE government has passed a new law legalising diamond artisanal and small scale mining (ASM). This after Mining minister, Serialong Qoo, last weekend announced the enactment of…

  Staff Reporters   THE good times continue rolling at Letšeng Diamond Mine in Mokhotlong. This after the high value mine recently unearthed a 245 carat Type II white diamond.…

Bereng Mpaki   WORKERS on the M900 million Marakabei to Monontša road construction project in Butha Buthe will tomorrow down tools over salary hike demands. The workers had in March…

Senate Lerotholi THE Lesotho Post has partnered with insurance company, Liberty Lesotho, in introducing a funeral insurance policy named, Mpate Sheleng ea Poso ea Lesotho. The new product offering was…

Bereng Mpaki THE Potato Lesotho Association (PLA) has welcomed the government’s move to temporarily ban potato imports to preserve the market for local farmers. The Agriculture, Food Security and Marketing…

Bereng Mpaki OVER 3000 businesses which applied for Covid-19 relief funds from the government two years ago are still awaiting the disbursement of the money. Private Sector Competitiveness and Economic…

Bereng Mpaki USAGE and manipulation of big data in modern business has become so important that data is now referred as the new currency or oil. This was said by…

  Bereng Mpaki CHAPERONE Ltd is one of only five fintech (financial technology) companies that are licensed to offer mobile money services by the Central Bank of Lesotho (CBL) in…

  Bereng Mpaki THE Central Bank of Lesotho (CBL) has appointed Prime Minister Moeketsi Majoro’s former economic adviser and head of the accountability unit, Maluke Letete, as its substantive governor.…

  FOR those who are not familiar with her, Palesa Mphunyetsane, the Vodacom Financial Services (VFS) managing director, could easily pass for a middle manager as opposed to the bigwig…

Bereng Mpaki MOBILE network users who fail to comply with the legal registration of SIM cards will be cut off until they do so, according to a new law. The…

Limpho Sello THE Independent Midwives’ Association of Lesotho (IMAL) has appealed to the government to come up with a policy that allows them help expectant mothers to deliver at home.…

  Bereng Mpaki | Tsoloane Mohlomi   M-PESA users can now pay for online purchases using their mobile money accounts, thanks to the introduction of a new payment service by…

  Tšoloane Mohlomi MON-TECH Institute has held its first graduation since the beginning of the Covid-19 pandemic. The ceremony saw 14 students graduating with diplomas in Occupational Health and Safety.…

  Staff Reporter ECONET Telecom Lesotho on Saturday launched the Econet Fibre Days campaign exhibitions at its Maseru Mall, LNDC and Masianokeng branches. The exhibitions will for the next three…

  Bereng Mpaki CERTAIN business enterprises that previously required licensing before operating will no longer need it, thanks to a new law to be implemented soon. The Business Licensing and…

Bereng Mpaki THE government has set the Lesotho Revenue Authority (LRA)’s 2022/23 revenue collection target at M8, 6 billion, about M2 billion more than the previous 2021/22 target. The move is…

  Moroke Sekoboto THE government needs M2, 1 billion to upgrade at least 478 kilometres of paved roads countrywide, the Roads Directorate has said. Of this amount, M296 million is…

  THE Nedbank Africa Region (NAR) posted an impressive performance in the year ending December 2021 driven by a good performance from its Ecobank Transactional Incorporated (ETI) investment and rebound…

  Tšoloane Mohlomi TRENDGROUP Construction has officially handed over the newly constructed Semonkong Visitor Comfort Facility to the Lesotho Tourism Development Corporation (LTDC). The facility worth M60 million was handed…

Bereng Mpaki THE Central Bank of Lesotho (CBL) has increased the CBL rate by 0, 25 percent from four percent to counter the spiking inflation rate. Inflation shot up to…