Business
Vandalism costs LEC M1.8 million
MASERU – M1.8 million. That is the staggering amount the Lesotho Electricity Company (LEC) has lost over the last three years through vandalism. Despite massive media campaigns to discourage vandalism,
Generating business ideas
In my previous article I highlighted that in the process of launching a business an entrepreneur goes through a number of critical phases namely, identification and evaluation of an opportunity
The unstoppable youngsters
ROMA – THE National University of Lesotho (NUL) is breeding a generation of young writers. But the book authored by the NUL-trained Takatso Kumi, a physicist, a mathematician, a teacher,
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
The entrepreneurial process
IN both the developed and developing countries small businesses have become one of the engines driving economic and social development. Studies carried out in a number of countries, including the
Pushing the dream
LERIBE – WHILE most of her peers are rushing to get married, Itumeleng Sematle remains committed to her schoolwork and her dream – to become a nurse. Sematle is a
What makes a successful entrepreneur?
We need entrepreneurs for countries to experience economic development. But who exactly is an entrepreneur? An entrepreneur can be defined as someone who is willing to take the risk in
The good, old ‘whore’
ROMA – Sure you get almost irritated at the mention of Tagetes minuta (lechuchutha), that invasive annoying plant. It turns out the National University of Lesotho (NUL) is finding its
Entrepreneurship is central to Africa’s future economic development
Speaking at the Africa Transformation Forum in Kigali in 2016, Mr Kelvin Balogun, President of Coca-Cola, Central, East and West Africa said, “Almost half of the 10 million graduates churned
Post Bank, Small Businesses Ministry sign MOU
MASERU – Access to finance is the biggest stumbling block standing between success and failure for small businesses. But thanks to a Memorandum of Understanding deal inked between Lesotho Post
