Business
October 26, 2021
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Business Plan Competition returns

Bereng Mpaki THE Basotho Enterprises Development Corporation (BEDCO) run Business Plan Competition (BPC) is set to make a return following its successful pilot in 2019. The competition is meant to incentivise young and innovative people who have credible business ideas with access the financial support they need to build sustainable enterprises that can create employment. […]

Business
October 24, 2021
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Sinogy to make Zim an energy hub in SADC

Staff writer Regional leading solar energy solution company-Sinogy is set to make Zimbabwe an energy hub for Southern African Development Community (SADC) member states, The Southern Times has learnt. In an interview, Sinogy Chief Executive Officer-Edward Zhuzhenxing said the organization has plans underway to expand its project in Beitbridge into an energy hub for SADC. […]

Business
October 20, 2021
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Vodacom donates reusable sanitary towels

  Staff Reporter THE Vodacom Lesotho Foundation this week delivered 1000 reusable menstrual towels to 10 schools in Mafeteng and Quthing in celebration of the International Day of the Girl Child. The towels worth M250 000 were donated under the foundation’s Dignity Campaign, which aims to provide girls with reusable sanitary towels with a five-year life […]

Business
October 20, 2021
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Training tackles market access constraints for farmers

  Bereng Mpaki EIGHTEEN farmers will today complete a five-day capacitation training on Global G.A.P (good agricultural practices) standards under the training of livestock farm assurers. Farm assurers are independent, on-site advisors and consultants who help producers navigate the steps necessary for implementing good agricultural practices and obtaining Global GAP certification. Global GAP is a […]

Business
October 17, 2021
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ITC, Afreximbank launch export programme for SMEs

The International Trade Centre (ITC), in partnership with the African Import-Export Bank (Afreximbank), this week launched a new training programme for small businesses on how to export within the African Continental Free Area (AfCFTA). The two organizations launched the programme at the ongoing Intra-African Trade Fair 2021 which is taking place in Durban, South Africa […]

Business
October 12, 2021
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Fresh produce market to stimulate agriculture — Majoro

Bereng Mpaki THE newly launched Maluti Fresh Market Centre in the Tikoe industrial area will stimulate Lesotho’s fresh produce farming, Prime Minister Moeketsi Majoro has said. Speaking during the launch of the centre in Maseru yesterday, Dr Majoro said the development may eventually lead to Lesotho restoring its reputation of exporting agricultural to the region. […]

Business
October 12, 2021
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FNB launches #TheChangeables

  Nthatuoa Koeshe FIRST National Bank (FNB) Lesotho yesterday launched its new, dynamic brand communications campaign, #TheChangeables. #TheChangeables is meant to celebrate Basotho who take challenges in their stride by transforming obstacles into opportunities and embracing change in building a better future for themselves and others. This communications campaign will see the bank introducing new […]

Business
October 09, 2021
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Implement tobacco, alcohol levies gradually — parly

Bereng Mpaki THE parliamentary economic and development cluster committee has recommended that the proposed tobacco and alcohol levies be implemented gradually. This will be done by increasing the rates at six and three percent for tobacco and alcohol annually respectively over the next five years. The committee said this while tabling its report on the […]

Business
October 09, 2021
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Avani gambler wins Toyota Hilux

  Bereng Mpaki   MASERU’S Ralikoae Mohlatsane on Sunday drove home in a brand-new Toyota Hilux bakkie after winning the grand prize in Avani Lesotho Hotel and Casino’s Spin & Win promotion. The final draw was held at Avani Lesotho on Sunday. The final draw was a culmination of weekly draws in which gamblers won […]

Business
October 09, 2021
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Covid vaccination to boost tourism revival – Motsamai

  Bereng Mpaki THE ongoing Covid-19 vaccination programme will boost the revival of the ailing tourism sector, Tourism, Environment and Culture Minister, Ntlhoi Motsamai, has said. Ms Motsamai said this in her keynote address during the World Tourism Day commemorations in Maseru this week. She said the sector had suffered immensely due to the Covid-19-induced […]

Business
October 09, 2021
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Funding imbalance preventing African NGOs’ effectiveness — report

Staff Reporter THE sustainable development of Africa’s civic society sector is being challenged by an imbalance in international investment, new research has shown. The research commissioned by Vodacom, Safaricom and Vodafone Foundation said funds meant for Africa’s civic society organisations were being received by international non-governmental organisation (NGOs) instead of going to the intended recipients […]

Business
September 28, 2021
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Indigenisation laws suspended

move aimed at facilitating revision of some of the contentious clauses   Bereng Mpaki THE government has suspended the implementation of the indigenisation laws. Trade and Industry Minister, Thabiso Molapo, yesterday said the suspension of the Business Licensing and Registration Regulations, 2020 will give the government time to revise some of the contentious provisions which […]

Business
September 28, 2021
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Vodacom, Mondia in maternal health partnership

Bereng Mpaki VODACOM Lesotho has partnered with international mobile commerce company, Mondia to roll out the mobile communications giant’s Vodacom’s Mum & Baby initiative countrywide. Mom & Baby is a web platform offering exclusive health and wellness content to educate mothers, their partners and caregivers to help take care of babies. Announced last week by […]

Business
September 28, 2021
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Alliance partners C-Pay for “convenient premium payments”  

Nthatuoa Koeshe ALLIANCE Insurance clients can now pay their premiums using the C-Pay mobile money platform. C-Pay is a product of technological company and electronic payments issuer, Chaperone Limited. Chaperone Limited is a financial services company licensed by the Central Bank of Lesotho (CBL) to issue electronic payments to connect clients and businesses. The partnership […]

Business
September 18, 2021
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Crews union reaches deal on film and TV contract for US workers

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 […]

Business
September 18, 2021
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For Fed’s Approval Rating to Go Up, It’s Obvious What Needs to Go Down

Good web design has visual weight, is optimized for various devices, and has content that is prioritized for the medium. The most important elements of a web page should have more visual weight to “naturally attract” a visitor’s attention. Good design is making something intelligible and memorable. Great design is making something memorable and meaningful. […]

Business
September 15, 2021
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Econet simplifies Ecocash payments

  Bereng Mpaki ECONET Telecom Lesotho (ETL) has simplified Ecocash payments by integrating them with different businesses’ point-of-sale (POS) devices. The innovation is meant to enhance customer convenience, the company said this week. Instead of following the lengthy, traditional Ecocash payment approach, customers can now pay for their goods and services by supplying their Ecocash […]

Business
September 14, 2021
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Letšeng’s diamonds defy Covid-19 

Bereng Mpaki THE average price of Letšeng mine’s rough diamonds increased during the first half of 2021 despite the Covid-19 induced global economic slowdown. This is reflected in Gem Diamonds’ half year performance report for the six months to June 2021. Gem Diamonds is the majority shareholder (70 percent) in Letšeng Diamonds, the owner of Letšeng […]

Business
September 14, 2021
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M-Pesa gets digital facelift

  Bereng Mpaki VCL Financial Services, a subsidiary of Vodacom Lesotho, this week unveiled the M-Pesa application for digitized access to the financial services offered by the mobile money platform. The application was designed to enhance M-Pesa customers’ experience while using the service, providing them with a simple, fun, secure, easily customised and convenient digital […]

Business
September 09, 2021
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Over-50s Turn to House-Shares to Beat Rising Rents

Good web design has visual weight, is optimized for various devices, and has content that is prioritized for the medium. The most important elements of a web page should have more visual weight to “naturally attract” a visitor’s attention. Good design is making something intelligible and memorable. Great design is making something memorable and meaningful. […]

Business
September 08, 2021
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MGC increases aviation fleet

Bereng Mpaki THE Matekane Group of Companies (MGC) this week welcomed a new and larger jet to its aviation fleet. The new airplane, a Learjet, is expected to widen MGC Aviation’s company services. Among others, the company currently provides private chartering services. MGC Aviation was launched on 23 February 2010 in the presence His Majesty […]

Business
September 08, 2021
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Govt unveils M100 million summer cropping subsidy

Bereng Mpaki THE government has launched a 60 percent farming inputs subsidy to bolster the 2021 summer cropping. The subsidised inputs include seeds, fertilisers, pesticides and herbicides among others. The subsidy was announced last weekend by Agriculture, Food Security and Marketing Minister, Likopo Mahase during a media briefing. Mr Mahase told the press that the […]

Business
September 08, 2021
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‘Women best-placed to make positive economic impact’

  Bereng Mpaki SPEAKERS at the Standard Lesotho Bank’s Women Entrepreneurship Conference this week said women’s multi-skill set makes them suitable for them to contribute positively towards economic growth. The two-day conference which started on Monday and ended on Tuesday deliberated on the role that women entrepreneurs play in driving the economy. The conference was […]