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September 16
Lesotho: Shelile Speaks On M1 Billion CGM Fraud
MINISTER of Trade, Industry, and Business Development, Mokhethi Shelile, has lauded the reopening of textile giant CGM Group and its subsidiary, Presitex Enterprises, after they… Read more »
September 01
Lesotho: Mining Industry in Trouble
...as massive job losses loom Read more »
Lesotho: Textile Factory Liquidator Questions Debts
THE legal battle over the ownership of the liquidated textile giant, Presitex Enterprise, has taken a new twist. The newly appointed liquidator, Kenneth Hlasa, is now challenging… Read more »
August 27
Lesotho: Undocumented Basotho Men Trafficked Into Illegal Mining
Prolonged food insecurity in Lesotho, exacerbated by climate change impacts such as floods and droughts, has led to Basotho men being trafficked into illegal mining by organized… Read more »
August 16
Lesotho: RSL Destroys Illicit Tobacco Products
THE Revenue Services Lesotho (RSL) has destroyed 557 cartons and 76 boxes of illegal cigarettes with an estimated street value of M126 000. Read more »
Lesotho: PPD a Key to Economic Growth - Matekane
PRIME Minister Sam Matekane says his Public-Private Dialogue (PPD) initiative is a crucial mechanism for fostering private sector growth and improving Lesotho's business climate. Read more »
Lesotho: ETL Sends Scholars to the United States
TELECOMMUNICATIONS powerhouse, Econet Telecom Lesotho (ETL), is sending two remarkable Basotho scholars, Matlala Sefale and Katleho Mokhele, to the United States (US) to further… Read more »
August 02
Lesotho: A Village's Lifeline - Can Steel Tanks Empower Lesotho Communities to Manage Their Water?
In areas where infrastructure is lacking or water is scarce, steel water tanks provide a sturdy and dependable way to store and distribute this vital resource. Read more »
June 23
Lesotho: Power Imports Plunge LEC Into Financial Woes
The Lesotho Electricity Company (LEC) is in financial difficulties due to the high costs of importing electricity from South Africa and because of huge debts it owes to service… Read more »
June 15
Lesotho: Nearly 16 000 Jobs Lost in the Textile Sector
LESOTHO has lost nearly 16 000 jobs in its textile and apparel industry in the period between March 2018 and March 2024. Read more »
June 14
Lesotho: Local Businesses Go to Court to Force the Govt to Ban Foreigners
THE fight by local businesspeople for the government to implement the controversial Business Licensing Registration Regulations (2020) without amending them has been escalated to… Read more »
April 18
Lesotho: Female Factory Workers' in Outcry Over Unpaid Maternity Leave
TRADE unions are disgruntled that government continues to discriminate against women working in the textile and private security sectors when it comes to maternity leave payment. Read more »
Lesotho: FNB-Lesotho Launches Card Localization Scheme
FIRST National Bank (FNB)-Lesotho has officially launched its card localisation scheme aimed at enhancing financial inclusion and facilitating payments. Read more »
Lesotho: Moleko Speaks On Lesotho's First Ever Mining Indaba
WITH just a week before Lesotho's first ever mining indaba (Khotla) gets underway, Natural Resources Minister, Mohlomi Moleko, says the event's primary purpose is to explore means… Read more »
March 13
Lesotho: Gvt Warns Civil Servants Against Striking
...GS Mokela says COLEPE not recognised under public service laws Read more »
March 12
Lesotho: SLB Launches Lending Drive
...to help clients achieve their dreams Read more »
Lesotho: Lesotho to Host Africa Economic Summit
Lesotho is poised to host the Africa Vision Agenda 2050 Summit (AVA2050) aimed at finding means and ways of uplifting the continent's economy. Read more »
Lesotho: Nedbank Group Achieves Profit Targets
The Nedbank Group has once again achieved a stellar performance, attaining all its targets for the financial year ended 31 December 2023. Read more »
February 10
Lesotho: Civil Servants Issue Ultimatum Over Salaries
...threaten to sue govt if it doesn't meet their demands within a week Read more »
Lesotho: World Bank Boss in Lesotho to Assess Projects
The World Bank's Regional Vice President for Eastern and Southern Africa, Victoria Kwakwa, was in Lesotho this week to assess progress in projects funded by the bank. Read more »
Lesotho: Poultry Farmers Cry Foul
... accuse the gvt of destroying their businesses Read more »
November 02, 2023
Lesotho: Snowball Effects of Poultry Ban Adversely Affecting Retailers
RETAILERS and restaurants in Lesotho have been forced to issue notices advising consumers of the lack of chicken products in their outlets while others have already temporarily… Read more »
September 13, 2023
Lesotho: Women Speak On Energy Sector Challenges
WOMEN running businesses in the energy sector convened at Avani Maseru on Friday to discuss the many challenges they face in the industry. Read more »
September 11, 2023
Lesotho: Nedbank Injects M350 000 Into Mohakare Golf Classic
NEDBANK Lesotho has injected a whopping M350 000 into this year's edition of the annual Mohokare Golf Classic tournament. Read more »
September 12, 2023
Lesotho: Netcare 'Siphoned' M5 Billion From Tšepong
Local shareholders in the Tšepong Consortium, which was tasked with running Lesotho's biggest referral hospital, the Queen 'Mamohato Memorial Hospital (QMMH), never received… Read more »
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