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Business

Lesotho’s trade deficit widens

Staff Reporters The year 2023 has proven to be a tough foreign trading year for Lesotho as the gap between its total value of imports...

‘Acquitted’ WASCO boss steps down

Lehlohonolo Motšoari The Water and Sewerage Company (WASCO) will soon hire a new chief executive officer (CEO) after its former CEO, Thelejane Thelejane, inexplicably left...

Econet pumps M150k into LDF’s youth initiative

Lehlohonolo Motšoari Telecommunications company, Econet Telecom Lesotho (ETL) has demonstrated its firm support for the Lesotho Defense Force (LDF)’s revolutionary and visionary youth development programme...

Outgoing Road Fund boss hailed

Staff Reporters The outgoing Chief Executive Officer (CEO) of the Road Fund, Nkekeletse Makara, has been commended for his significant contributions at the helm of...

RSL sheds light on state warehouse operations

Seabata Mahao The Revenue Services Lesotho (RSL) has provided a comprehensive overview of the operational procedures of its warehouse located in the Industrial Area of...

The burden of public sector corruption on private business

Bereng Mpaki Businesses in Lesotho face a significant corruption challenge at the hands of some unscrupulous public officials, a World Bank survey has revealed.  Among its...

Nedbank’s new campaign targets domestic tourism development

Seabata Mahao Nedbank Lesotho has launched an exciting new campaign offering clients the chance to win a share of M200,000 in total prize money. Titled ‘Transact...

Letshego Namibia lists first social bond

Staff Reporters In a bid to further demonstrate its social impact strategy, Letshego Holdings Namibia Ltd (Letshego Namibia) has listed the Group’s first social bond...

Govt project eyes textile industry integration

Seabata Mahao The Lesotho Competitiveness and Financial Inclusion (CAFI) project plans to enlarge the current scope of the textile sector to include the pre-production and...

Debt-defaulting WASCO flagged

Bereng Mpaki The Auditor General, ‘Mathabo Makenete has issued a scathing audit report that uncovered Water and Sewerage Company's (WASCO) inexplicable contraction of new loans...

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