….no to a party of zombies The Revolution for Prosperity needs to begin some serious soul searching if it is to avoid being swept off by the headwinds that have paralysed many a political formation in Lesotho before. There’s always a fine line between the need to impose party discipline and stifling legitimate dissent. It’s […]
…but did not pay local shareholders a single penny in dividends . . . Mohalenyane Phakela / Moorosi Tsiane LOCAL shareholders in the Tšepong Consortium, which was tasked with running Lesotho’s biggest referral hospital, the Queen ‘Mamohato Memorial Hospital (QMMH), never received a single penny in dividends despite the government paying out more than M5 […]
…. gets free bail alongside co-accused ….as magistrate laments delays in prosecuting cases Moorosi Tsiane The water ministry’s former principal secretary (PS), Malefetsane Nchaka, and two co-accused businessmen, have been released on free bail after appearing before Maseru magistrate, Lerato Ntelane, facing seven counts of corruption, theft and fraud. Most of the charges arise from […]
Forty-one year-old Walim Ashraf taken into custody after failing to raise half-a-million maloti bail and M1 million surety. Moorosi Tsiane A MAFETENG man of Indian origin, Walim Ashraf (41), appeared before the Maseru Magistrates’ Court this week accused of stealing M7.2 million from Econet Telecom Lesotho. The funds had been meant to pay the Lesotho […]
Hopolang Mokhopi FOUR police constables have appeared before the Maseru Magistrates’ Court for allegedly accepting a M19 000 bribe from suspects who had been found in unlawful possession of a firearm. According to acting police spokesperson, Senior Superintendent Kabelo Halahala, the accused constables are Ralintši Makhakhe (41), Pusetso Sello (42), Liteboho Ranthamane (47), and Teboho […]
Moorosi Tsiane/ Mohalenyane Phakela THE High Court is tomorrow expected to hear arguments on whether it should treat as urgent, an application by two Revolution for Prosperity (RFP) legislators, who are challenging their six-year suspension from the ruling party. Dr Mahali Phamotse and Mr Thuso Makhalanyane, who represent Matlakeng and Abia constituencies in the national […]
…as ABC leader campaigns for local government elections ’Marafaele Mohloboli ALL Basotho Convention (ABC) leader, Nkaku Kabi, has taken a swipe at ‘white’ detractors who vilify zama-zamas and the blanketed, gun-toting famo musicians. Addressing supporters during Sunday’s launch of the ABC local government elections manifesto in Ha-Abia in Maseru, Mr Kabi said his party had […]
Tokelo Khausela GLOBAL International Garments has once again slashed the already reduced working days of its employees due to dwindling orders for its products. The company started implementing the latest measures last week and the employees now only work 10 days a month from the previous 22 working days. This is the second time in […]
Seithati Motsoeneng Lesotho is ready for a new Covid subvariant called XBB should it break out in the country. The World Health Organisation (WHO) has been monitoring the infection following its outbreak in India early this year, and has since said it had now been detected in over 30 countries, excluding Lesotho. The virus has […]
Hopolang Mokhopi HIV continues to be one of the leading causes of illness and death among different age-groups in the country, with a high prevalence of 22.6 percent. The situation is further worsened by the high coinfection of HIV and Tuberculosis (TB), whereby 73-percent of HIV-positive people also have TB. In a move aimed at […]
Moroke Sekoboto THE ruling Revolution for Prosperity (RFP) internal conflict is a ticking time-bomb which, if left unresolved, could lead to the implosion of both the party and the government it leads, analysts have said. Political experts who spoke to the Lesotho Times this week said the recent suspension of three RFP legislators who voted […]
OUTSPOKEN Revolution for Prosperity (RFP) legislator for Abia constituency, Thuso Jacob Makhalanyane, has launched a broadside at his party accusing some of its members of being corrupt. He also believes the RFP has lost its way and largely failed to fulfil the promises that swept it to power in the October 2022 general elections because […]
Leemisa Thuseho NEDBANK Lesotho has injected a whopping M350 000 into this year’s edition of the annual Mohokare Golf Classic tournament. This year marks the 20th anniversary of Lesotho’s international and biggest golf event, which has since become a major attraction to lovers of the sport while also boosting the country’s economy. This year’s […]
Tokelo Khausela MICRO-LENDER, Letshego Financial Services Lesotho, yesterday launched a scheme meant to provide financial relief and convenience to customers to streamline their debt-management while benefiting from reduced interest rates. The initiative is dubbed Letsgo campaign and was launched at Lancer’s Inn in Maseru. It is intended to provide Letshego customers with the opportunity to […]
Seithati Motsoeneng Telecommunication powerhouse Vodacom Lesotho has handed over 2000 pairs of school shoes to the Ministry of Education for onward donation to vulnerable children in the districts of Mokhotlong, Thaba-Tseka, Leribe, Quthing and Qacha’s Nek. Each district will get 400 pairs of the footwear. The donation was made through the Vodacom Lesotho Foundation—the charity […]
Tokelo Khausela FUEL company, Puma Energy Lesotho, on Tuesday rewarded two of its loyal customers with M9 393 cash prizes each. The duo of Nicholas Sekonyela and Polanka Phallang had participated in the Pumamax93 Get spotted and Win Campaign. The prize giving was a colorful ceremony held at Puma Energy garage in Maputsoe, Leribe. The […]
Moorosi Tsiane PROMINENT lawyer, Rethabile Setlojoane, has been appointed lead prosecutor in the trial of former Lesotho Defence Force (LDF) commander, Tlali Kamoli and eight other soldiers charged with the June 2015 murder of former army boss, Maaparankoe Mahao. Advocate Setlojoane will be assisted by state lawyer, Lehlohonolo Phooko. The Director of Public Prosecutions (DPP), […]
Hopolang Mokhopi Minet Lesotho has donated electrical appliances and blankets worth M14 200 to Senkatana Oncology Clinic, in celebration of African Women’s Month. The handover ceremony of the appliances, which comprised of a washing machine and heater, in addition to the blankets, took place at the cancer-treatment clinic in Maseru on Friday. Minet Lesotho is […]
In today’s society, many people unknowingly carry certain beliefs and habits that hinder their financial progress. From the educational system to cultural norms, a series of influences subtly steer people towards fiscal behaviours and decisions that often result in financial struggles rather than prosperity. It’s as if an unseen script guides their actions, influencing them […]
Investors need equity returns to build wealth over the long term. Unfortunately, sometimes investors find it difficult to endure the sharp declines and volatility that is often experienced in capital markets. Market movements can be gut wrenching worse coupled with loss aversion. Humans experience loss much more intensely than gains (loss aversion). Loss aversion is […]
Investing is a fundamental aspect of personal finance that holds immense importance in building wealth, achieving financial goals and securing a prosperous future. By allocating funds to various investment vehicles, people have the potential to grow their wealth, beat inflation and generate passive income. Investing also plays a critical role in retirement planning, allowing one […]
CNN — Yevgeny Prigozhin, the chief of Russian mercenary group Wagner, was listed among passengers on board a plane that crashed north of Moscow, according to Russian state media. The official Russian news agency TASS said the Federal Air Transport Agency has launched an investigation into the crash of an Embraer aircraft, which occurred in the […]
Tokelo Khausela The Ministry of Finance and Development Planning’s tax-collection arm, Revenue Services Lesotho (RSL), has missed its quarterly target for Value Added Tax (VAT) by about M150 million. According to the ministry’s quarterly performance report tabled before parliament’s Economic and Development Cluster Portfolio Committee last week, the RSL had been set a quarterly target […]
As Dlala Thukzin, Kabza De Small, and Skye Wanda lead nominations… Dance music geniuses Dlala Thukzin, Kabza De Small and Skye Wanda are leading the 2023 South African Dance Music Awards nominations. Dlala Thukzin, real name Thuthuka Zindlovu, is leading with four nominations this year with the prestigious Best Gqom Record, Best Dance Album, Best Producer and […]
Leemisa Thuseho LOCAL chess starlet, Lebajoa Tšephe, says the secret to his current good form is holding regular training sessions with top international players. Tšephe continued his impressive run by winning the 2023 Basotho Year Opener held at Good Night Lodge from 5 to 6 August. The 18-year-old was too hot to handle as he […]
THE country’s much awaited reforms process, which has been moving at a snail’s pace, is now saddled with new hurdles. It could be delayed further if the Constitutional Court upholds activist and MISA-Lesotho chairperson Kananelo Boloetse’s bid to interdict parliament from sitting next Monday. Mr Boloetse argues that Parliament cannot be recalled to consider the […]
THE problem with Lesotho is that it has too many busy bodies. Or perhaps too many idle bodies wanting to get busy. I have been watching with a deep sense of chagrin, trepidation and a little foreboding as the reforms process has limped from one disaster to another, courtesy of the usual suspects; the politicians and […]
“Our mission is to contribute to meaningful universal connectivity by making communications infrastructure accessible; broadband affordable; narrowing the digital divide and creating a safe cyberspace for all” THE Lesotho Communications Authority (LCA) last month appointed Nizam Goolam as the substantive Chief Executive Officer (CEO). Mr Goolam had been the authority’s Acting CEO since June 2021. […]
This is Pick n Pay’s second store after the Pioneer Mall branch, which opened in 2009. The supermarket first opened its doors at the Masianokeng Lifestyle Centre on 12 August 2020 amidst the challenging Covid-19 pandemic era. The store occupies 1900 square-metres (sqm) of the shopping centre. The main store (1700 sqm) offers edible and […]
Litigation has never fostered parties’ stability
This week two ruling Revolution for Prosperity (RFP) legislators, Mahali Phamotse and Thuso Makhalanyane, approached the courts of law, seeking that their six-year suspension from their party be declared unlawful and nullified. This development came after the outspoken duo was charged with failure to protect their party’s interests when they voted against the RFP-led government […]