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Business

Setipa vies for Commonwealth’s top job

Staff Reporter In a historic move, the government has thrown its weight behind Joshua Phoho Setipa, making him the first Southern African candidate to run...

Will payment system cyber attack delay December salaries?

Staff Reporters The December salaries of many public and private sector employees are expected to be significantly delayed as a result of the disruptive cyber-attack...

Enrich plots a swift comeback

Seabata Mahao The management of Enrich supermarket is plotting a swift return to operation despite an impeding auction sale of its property.  The recent closure of...

LNDC confirms M15 million Enrich bailout

Ntsoaki Motaung The Lesotho National Development Corporation (LNDC) is poised to play a vital role in salvaging the collapsed Enrich supermarket, attributing its downfall to...

VCL under fire over ‘privacy breach’

Staff Reporter In a startling legal showdown, Hlahlobo Moruri, a Sehlabeng Sa Thuathe resident has launched a staggering M650,000 lawsuit against VCL Financial Services. The bone...

LHDA calls for wetlands protection in the highlands

Lineo Mahlomola Lesotho Highlands Development Authority (LHDA) wants better protection for wetlands as they are critical sources of the water commodity, to which the authority...

Belgium, US among Lesotho’s largest trade partners

exposing low intra-Africa trade participation  Staff Reporters With the exception of neighbouring South Africa, far-flung Belgium and the United States (US) are among the biggest trade...

Letshego competition concludes in style

 Seabata Mahao 'Manthabiseng Kolisang and ‘Mabongani Temeki took home M35, 000 and M25, 000 respectively as Letshego Lesotho closed the curtain on its competition dubbed...

Construction, transport sectors lead economic rebound

Seabata Mahao  Lesotho’s improved economic activity during the third quarter of 2023 has been attributed to the construction, services and transport sectors by the Central...

New economic policies on the horizon

Seabata Mahao The government will soon introduce several new trade-related policies thanks to the African Development Bank (AfDB) supported Economic Diversification Support Project (EDSP). These include...

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