Mobile phone factory for Lesotho

Mobile phone factory for Lesotho

MASERU – FORMER Matekane Group of Companies (MGC) executive director, Toloane Matekane, is launching a mobile phone factory tomorrow.
Matekane, now leading M&P Holdings, is one of the directors at its subsidiary Diamond Stone.
Diamond Stone is a start-up mobile phone manufacturer that has a vision to be one of Africa’s leading mobile phone makers.

A marketing manager at Diamond Stone, Tšeliso Malelu, said with the launch they will help fight unemployment especially among the youths.
Malelu said they are going to produce another batch because “the demand of the mobile phones is going to be determined by how many people we are going to hire”.

He said they have already opened a warehouse where they will be launching these phones.
They are working with different people in Asia to make sure that the company is a success.
He said they believe that their products will hit the market before December this year.

He said the prices and other details will be revealed during the launch.
Another partner, Palesa Posholi, said they have joined Diamond Stone in the venture because they see this as a good business opportunity and believe it is going to be successful.

’Makhotso Rakotsoane

Previous DCEO investigator shot
Next SADC army to arrive in two weeks

Warning: count(): Parameter must be an array or an object that implements Countable in /home/thepostc/public_html/wp-content/themes/trendyblog-theme/includes/single/post-tags-categories.php on line 7

About author

You might also like

Business

How to ride over the challenges of doing business on internet

Stewart Jakarasi Doing business online has a number of challenges that you need to address if you have to leverage on e-commerce. Once you have decided to do business online

Local News

Baking with love

…..A story of how hard work overcame adversity….. MASERU – FROM baking scones to sourcing for sea shells, Seithati Tlali has always had a knack for money spinning ventures. A

Business

When to revisit your strategy

THE purpose of a corporate strategy is to acquire customers and outwit the competition. If you don’t review your strategy frequently you might find that you are busy concentrating on