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Business

Lesotho economy sees modest growth in 2023

Kananelo Boloetse The domestic economy is estimated to have expanded by a revised 1.4 percent in 2023, up from 1.1 percent in 2022, according to...

Central Bank, NUL in financial literacy drive

Seabata Mahao The Central Bank of Lesotho (CBL), in partnership with the National University of Lesotho (NUL), has launched a financial literacy program to enhance...

Econet’s latest gadget redefines mobile connectivity

Seabata Mahao Econet Telecom Lesotho’s (ETL) newly unveiled smartphone is set to redefine mobile connectivity in Lesotho. Dubbed Econet Prime, the state-of-the-art, pocket-friendly smartphone promises to...

Two producers awarded agricultural funding

Seabata Mahao  In a significant boost to Lesotho’s agricultural sector, two local producers, Litsoa-Mobung Fresh Produce and Riverside Farm, were awarded funding in Maseru. Litsoa-Mobung Mobung...

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...

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