Thursday, October 2, 2025
Econet Telecom Lesotho
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CATEGORY

Business

SLB loans M127 million to support Basotho businesses

Palesa Moloinyane Standard Lesotho Bank has loaned more than M127 million to Basotho businesses since launching its trade finance products in April 2024. This announcement...

Lesotho PostBank opens branch in Mokhotlong

Lesotho PostBank (LPB) has taken another decisive step toward enhancing financial inclusion by opening a new branch in Mokhotlong, a remote and mountainous district...

Youth urged to seize M1.4 million funding opportunity

Young Basotho have been urged to take advantage of the annual Bacha Entrepreneurship Project (BEP) to help transform the country’s economic challenges.  The entrepreneurship initiative...

Lesotho’s economy shrinks by 5.3% in Q1 of 2025

Palesa Moloinyane Lesotho’s economy contracted by a sharp 5.3 percent in the first quarter of 2025, underscoring the mounting economic strain from muted domestic consumption,...

Econet launches Ecocash Agent Campaign

Palesa Moloinyane Sasai Econet Financial Services (SEFS), a subsidiary of Econet Telecom Lesotho (ETL), has launched the EcoCash Agent Campaign, an ambitious initiative aimed at...

ETL investing in Lesotho’s future

Newsday sat down with Econet Telecom Lesotho (ETL) to discuss the work of the Higherlife Foundation, a philanthropic initiative that has, over the years,...

Econet at the centre of Lesotho’s digital leap

Econet Telecom Lesotho (ETL) has launched a major initiative aimed at transforming the country’s digital infrastructure. The company recently rolled out its Maseru RAN (Radio...

New law gives sinking businesses a lifeline

The government has launched the Insolvency Act 2022, a major comprehensive legal framework for managing business insolvency and financial distress. The law is expected to...

Road spending balloons exponentially

The budget for the Roads Directorate has surged from M1.2 billion in the 2023/24 financial year to M2.3 billion in the 2025/26 annual work...

Botho University caps over 340 graduates

The spirit of achievement and ambition filled the Lehakoe Recreational Centre this past weekend as Botho University hosted its highly anticipated sixth graduation ceremony. The...

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