Light pollution is a modern scourge but a concerted effort to bring the darkness to Wales is under way – with the help of astronomy strolls led by experts wielding laser pens.
Bereng Mpaki STANDARD Lesotho Bank (SLB) has launched Unayo (meaning ‘you have it’), its new community level digital financial platform. Launched in Maseru this week, Unayo is meant to deepen financial inclusion while decreasing physical cash handling. The platform allows people and businesses to transact with ease using their mobile phones either via an application, […]
Bereng Mpaki ECONET Telecom Lesotho (ETL) has signed a memorandum of understanding (MoU) with the Lesotho National Broadcasting Services (LNBS) to enable the livestreaming of Radio Lesotho and Ultimate Radio programmes. As part of the deal, ETL has injected about M3, 8 million towards the procurement of livestreaming equipment. The company will also provide […]
Bereng Mpaki HIPPO Knitting is working hard to secure orders for its orders from buyers to save the jobs of all its workers. The company this week said it was optimistic that it could end up not retrenching any workers. At the worst, the company may end up retrenching just 200 workers instead of the […]
Bereng Mpaki FORMER Accountant General, Sam Mphaka, has hailed the proposed reform of the Accountant General’s office saying it would enhance its efficiency. The National Reforms Authority (NRA’s) economic sector committee last week presented a report proposing reforms for the office. Among other things, the committee proposed that the Accountant General’s office should be […]
Bereng Mpaki VCL Financial Services yesterday officially launched its new short-term credit facility for mobile money, M-Pesa, clients. The facility is meant to help clients meet their urgent financial obligations. Dubbed Ntlatse, the facility expands the number of financial services offered by M-Pesa, thereby increasing financial inclusion for M-Pesa users. Offered in partnership with […]
Bereng Mpaki THE Agriculture and Food Security and Marketing Ministry is unprepared to handle a locust outbreak in the event that it happens. This because the ministry does not have adequate spraying equipment and chemicals. Although locusts have not yet been spotted in the country, the ministry is on alert after swarms were recently […]
META: A lot of classic PC and console games are being squeezed into a screen a few inches wide for the enjoyment of gamers to play on the sofa. But why? Read on for all the details. There is a new trend going around gaming, one that might cause dedicated gamers to ask, “Who […]
Bereng Mpaki THE Construction, Mining and Quarrying and Allied Workers Union (CMQ) has petitioned the Labour Commissioner in the Labour and Employment Ministry to intervene in a dispute between China Geo Engineering (CGC) and 20 of its workers. The workers were retrenched by CGC last December with the employer citing a difficult financial situation. […]
Bereng Mpaki THE Central Bank of Lesotho (CBL) has appointed Lehlomela Mohapi its acting governor to replace Retšelisitsoe Matlanyane, whose contract expired on 31 December 2021. Dr Matlanyane’s term of office expired along with those of her two deputies, Masilo Makhetha and ‘Mathabo Makenete (first and second deputy respectively). The CBL this week […]
Bereng Mpaki THE Mining ministry will soon revoke its mining contracts with the proprietors of Lemphane and Kolo diamond mines. Revoking the contracts will open up space for new investors to enable the mines, which have been dormant for several years, to resume operations this year, Mining Minister, Serialong Qoo, said in an interview this […]
Bereng Mpaki THE Central Bank of Lesotho (CBL) has appointed Lehlomela Mohapi its acting governor to replace Retšelisitsoe Matlanyane, whose contract expired on 31 December 2021. Dr Matlanyane’s term of office expired along with those of her two deputies, Masilo Makhetha and ‘Mathabo Makenete (first and second deputy respectively). The CBL this week immediately tasked […]
Bereng Mpaki THE Central Bank of Lesotho (CBL) will today introduce new banknotes with upgraded security features. Speaking at the press conference this week, CBL governor, Retšelisitsoe Matlanyane, said they will be launching new M10, M20, M50, M100 and M200 notes with the enhanced security features to prevent or reduces the chances of them […]
Bereng Mpaki RNB Properties Limited, the first company to list on the Maseru Securities Market (MSM), is aiming to raise M68 million to expand its operations. Established in 2010, the company has significant investments in undeveloped residential and commercial land in Lesotho. It has four integrated real estate core businesses, namely property management and sales; […]
Staff Reporter TOP petroleum company, Engen Lesotho, has come under fire from the Ministry of Labour and Employment over its decision to recruit an expatriate for the vacant post of managing director. The post fell vacant after the retirement of the former incumbent, Theodore Molapo, in August this year. The Lesotho Times has established that […]
Bereng Mpaki LESOTHO Electricity and Water Authority (LEWA) this week donated grocery hampers worth M10 000 each, to ten orphanage homes across the country. LEWA’s public relations officer, Sebusi Khanyela said that the orphanages were identified through the assistance of the Ministry of Social Development. “The criteria used to select the beneficiaries was based on […]
Bereng Mpaki THE Lesotho National Insurance Group (LNIG) has unveiled its new logo which reflects its partnership with South African insurance company, Hollard Insurance. The company is now known as LNIG Hollard, following Hollard Insurance’s acquisition of an undisclosed majority stake in LNIG in 2017. LNIG was established in 1977 as a wholly-owned parastatal and […]
Bereng Mpaki THE Lesotho Revenue Authority (LRA) has advised importers to use commercial borders to avoid being charged value added tax (VAT) despite having already paid it when they bought goods in South Africa. This because the South African Revenue Services (SARS) has stopped refund VAT invoices at non-commercial borders. LRA deputy commissioner client services, […]
Bereng Mpaki THE duo of Bokang Thoola and Karabo Mohapeloa on Sunday won M30 000 as the first prize in the inaugural Lesotho Revenue Authority (LRA) hackathon. A hackathon is a coding event where computer programmers compete in building software programmes. The competition was meant to come up with possible tax software solutions which the […]
Bereng Mpaki THE Lesotho Revenue Authority (LRA) has advised importers to use commercial borders to avoid being charged value added tax (VAT) despite having already paid it when they bought goods in South Africa. This because the South African Revenue Services (SARS) has stopped refund VAT invoices at non-commercial borders. LRA deputy commissioner client services, […]
Bereng Mpaki FIFTEEN trainee farmers under the Local Supplier Development programme (LSDP) will this week complete practical training on the global GAP (good agricultural practice) standards for fruit and vegetable production. The training which started on Monday, is part of the technical capacitation the trainees must go through to become certified farm consultants or assurers. […]
Bereng Mpaki THE Lesotho Tourism Development Corporation (LTDC) has encouraged Leribe villagers to tap into the emerging tourism value chain this festive season spurred by sand dunes in their area. Tourists are expected to flock to the site which shot to prominence in 2020 and has now been identified by the LTDC as one of […]
Bereng Mpaki THE Central Bank of Lesotho (CBL) this week increased the CBL rate to 3, 75 percent from 3, 5 percent to align it with prevailing regional rates. The decision comes days after the South African Reserve Bank made a similar decision to hike the repo rate by the same margin to 3, 75 […]
Bereng Mpaki LESOTHO’S businesses must focus on building a self-sustainable economy which is not prone to global economic shocks like the one induced by the Covid-19 pandemic, The Entrepreneurs Network (TEN) Lesotho has said. In the event of shocks, the proposed model should help Lesotho avoid shutting down factories because of disruption of destination markets. […]
Bereng Mpaki THE National Assembly this week passed the Mines and Minerals (Amendment) Bill, 2021, which legalises artisanal and small scale (ASM) mining. The Bill must now be okayed by the Senate before the King can approve it as a law. The Bill was preceded by clearing off of illegal diamonds in the market through […]
Bereng Mpaki BRICK manufacturer, Loti Brick, has temporarily laid off the majority of its 150 workers on account of crippling cashflow challenges, a company source has said. The source this week attributed the cashflow challenges to the company’s failure to sell its products. So bad is the situation that the company has only left […]
Bereng Mpaki TELECOMMUNICATIONS giant, Vodacom Lesotho, this week opened a digital library for the visually-impaired in Maseru. Dubbed the Vodacom Insight Centre, the library is housed in the State Library. The centre is expected to provide access to specialised services, books, and materials in appropriate media for visually impaired persons. “Vodacom Lesotho through its charitable […]
Staff Reporter ECONET Telecom Lesotho (ETL’s) insurance arm, EcoSure, has introduced a new product, EcoSure Group. The new product is an upgrade of the mobile communications giant’s EcoSure Re Bolokehile. The product will cater for the needs of stockvels, churches, corporates and Small, Medium and Micro Enterprises (SMMEs) where groups of people who […]
A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. I am alone, and feel the charm of existence in this spot, which was created for the bliss of souls like mine. I am so happy, my dear friend, so absorbed in […]
Bereng Mpaki LESOTHO’S recurrent financial challenges since 2017 could soon lead to insolvency if the situation is not urgently addressed, the International Monetary Fund (IMF) has said. This could also lead to depletion of the country’s international reserves if the government does not take concrete measures. The IMF highlighted this after its latest mission in […]
