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Business

CBL’s new strategic plan embraces digital transformation

The Central Bank of Lesotho (CBL) has unveiled its 2024-2027 strategic plan, charting a bold new direction with a strong emphasis on digital transformation...

Union secures M4,000 pay for factory workers

A wave of relief and victory swept through the Adient factory in Lesotho, one of the country’s many textile manufacturing hubs, as workers celebrated...

Fuel reserve construction to address price stability and security issues

Lesotho is set to break free from the uncertainties of fuel supply disruptions, as the long-awaited fuel reserve facility is finally poised for construction. In...

PostBank introduces VISA debit cards

Lesotho PostBank (LPB) has launched its new VISA debit cards, promising greater convenience and flexibility for its clients. The move will enhance access to banking...

Mafatle wins M200k in Econet’s campaign

Ntsie Mafatle is the latest grand prize winner of M200 000 from Econet Telecom Lesotho’s (ETL) Baso200 Campaign, joining the growing list of those...

Disastrous year for mining industry – Matlanyane

Lesotho’ mining sector experienced a humbling five percent contraction during the 2024/25 fiscal year, responding to the ongoing sharp decline in the global diamond...

Budget fails to address key structural issues – Machema

Lesotho’s 2025/26 budget has been critiqued for its ambiguities and failure to address deep-seated gender inequality and structural issues within the economy. Economics lecturer at...

New diamond body targets local beneficiation

Staff Reporter Lesotho’s diamond industry is set for a transformation with the imminent arrival of the Lesotho Diamond Manufacturers Association (LDMA), the first organisation of...

AEO program hailed for easing border delays

Retailers are breathing a sigh of relief as the implementation of the Approved Economic Operator (AEO) program has significantly improved cross-border trade, ensuring fresh...

CBL warns of economic risks amid potential foreign aid cuts

The Central Bank of Lesotho (CBL) has raised concerns over the potential economic fallout following the U.S. government’s decision to suspend foreign aid programs...

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