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CATEGORY

Business

Economy to worsen: CBL

Seabata Mahao The domestic economy is expected to continue worsening driven by the weakening global economic growth and increased inflation pressures. Having already contracted by two...

Textile factory to hire 50 workers

Sekete Lesaoana The Nien Hsing group of factories is currently accepting job applications in a bid to recruit 50 workers, Newsday has learnt. According to the...

Letshego trolley dash competition thrills customers

Neo Matheka Letshego Financial Services today gave its four clients an opportunity to dash around Shoprite at Sefika Complex and fill their shopping trolleys with...

Looming retrenchments to hit textile sector

Sekete Lesaoana The new year is off to a bad start for workers as two textile factories employing over 4000 workers are considering retrenching an...

Business inspection tour exposes non-compliance among aliens

Sekete Lesaoana Ten Chinese and South African nationals were this week arrested and fined for working in the country without proper documentation following a business...

Battle over SIM card registration rages on

Mohloai Mpesi In another twist in the battle over mandatory SIM card registration, advocate Fusi Sehapi has written a letter to the Minister of Information, Communications,...

LTDC CEO charged with two counts of attempted murder

Mohloai Mpesi The embattled chief executive officer (CEO) of the Lesotho Tourism Development Corporation (LTDC) Dr Retšelisitsoe Nko has been charged with two counts of...

VCL, banks under fire

Mohloai Mpesi VCL Financial Services and the local commercial banks will have to go to the Central Bank of Lesotho (CBL) to answer criticism that...

SIM card registration regulations challenged

Mohloai Mpesi Communications (Subscriber Identity Module Registration) Regulations of 2021, are illegal, advocate Fusi Sehapi has claimed. The stated aim of these regulations is to curb...

Why Lesotho wage bill is projected to decline by over M1 billion

Bereng Mpaki The closure of Lesotho’s High Commission in Malaysia is among cost-cutting adjustments projected to save the government of up to M1.2 billion in...

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