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RSL Implements e-Taxation System

Seabata Mahao The Revenue Service Lesotho (RSL) has officially rolled out its e-Taxation system, marking a significant milestone in digitising tax-related processes and aligning with...

Lesotho Strengthens Dairy Industry with Botswana Partnership

Lehlohonolo Motšoari Lesotho's dairy industry is poised for a boost following the signing of a Memorandum of Understanding (MoU) between the Lesotho National Dairy Board...

Why taxman missed revenue target

Seabata Mahao The Revenue Service Lesotho (RSL) has attributed its failure to collect the required tax revenue during the 2023/24 financial year to several factors...

Government unveils mission to rescue textile industry

Kabelo Tjeketsi In a bid to revive the faltering textile industry, the government has launched a desperate initiative to breathe new life into the once-thriving...

Apprehension mounts over delay in LHWP II’s hydro power scheme

Bereng Mpaki Concerns have emerged over the sluggish progress of the hydropower scheme component, which seems relegated to an afterthought under the ongoing second phase...

LEWA flags LEC’s poor financial records

Seabata Mahao The Lesotho Electricity and Water Authority (LEWA) has slammed the power utility company, Lesotho Electricity Company (LEC) over its poor financial record-keeping. The electricity...

CAFI, BEDCO empower entreprises with business skills and funding

Libuseng Molato Basotho Entreprise Development Corporation (BEDCO) awarded funding to ten small entreprises following their completion of a six-month business incubation process. Pasa Production, Leather Sole...

Gem Diamonds’ profits in monumental fall

Bereng Mpaki The poor performance of the global diamond market has negatively impacted on Letšeng Diamonds’ majority shareholder, Gem Diamonds’ profit which declined by a...

Matekane challenges the youth

Kabelo Tjeketsi Prime Minister Samuel Matekane has challenged Lesotho youth to seize opportunities presented by his youth empowerment initiative, Sebabatso. A visionary approach designed to overcome...

Standard Bank woos clients to take loans

Seabata Mahao Standard Lesotho Bank (SLB) has kicked off a lending campaign from March to May this year, urging clients to consider taking out loans...

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