Wednesday, July 2, 2025
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CATEGORY

Business

T-Connect’s vision for transforming connectivity in Lesotho

As Lesotho grapples with an internet penetration rate of just 47 percent, particularly in its remote and mountainous regions, the arrival of Starlink, through...

Starlink launch sparks hope for digital transformation in Lesotho

Lesotho has taken a bold step into a new digital era with the official launch of Starlink’s high-speed satellite internet, in partnership with T-Connect,...

Alliance Insurance invests M5m in Maseru city’s hygiene

In a bold move to promote environmental hygiene in the capital, Alliance Insurance Company recently donated two state-of-the-art waste compactor trucks valued at M5...

Movable assets bridging credit gap for the unbanked

Palesa Moloinyane The Lesotho Registry of Interest in Movable Assets (LeRIMA), a government-backed initiative enabling the use of movable assets like livestock, vehicles, and equipment...

SLB loans M127 million to support Basotho businesses

Palesa Moloinyane Standard Lesotho Bank has loaned more than M127 million to Basotho businesses since launching its trade finance products in April 2024. This announcement...

Lesotho PostBank opens branch in Mokhotlong

Lesotho PostBank (LPB) has taken another decisive step toward enhancing financial inclusion by opening a new branch in Mokhotlong, a remote and mountainous district...

Youth urged to seize M1.4 million funding opportunity

Young Basotho have been urged to take advantage of the annual Bacha Entrepreneurship Project (BEP) to help transform the country’s economic challenges.  The entrepreneurship initiative...

Lesotho’s economy shrinks by 5.3% in Q1 of 2025

Palesa Moloinyane Lesotho’s economy contracted by a sharp 5.3 percent in the first quarter of 2025, underscoring the mounting economic strain from muted domestic consumption,...

Econet launches Ecocash Agent Campaign

Palesa Moloinyane Sasai Econet Financial Services (SEFS), a subsidiary of Econet Telecom Lesotho (ETL), has launched the EcoCash Agent Campaign, an ambitious initiative aimed at...

ETL investing in Lesotho’s future

Newsday sat down with Econet Telecom Lesotho (ETL) to discuss the work of the Higherlife Foundation, a philanthropic initiative that has, over the years,...

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