Business
Board Committees and their importance
Corporate Governance has been defined as the system by which companies are directed and controlled. The Board of Directors is responsible for the governance of their organisation and is appointed
LHDA says working to resolve grievances
MASERU – THE Lesotho Highlands Development Authority (LHDA) says it is aware of an array of grievances, particularly compensation, raised by communities affected by power projects in their area. Speaking
Nedbank Lesotho shines
MASERU – AMID challenging economic times, Nedbank Lesotho’s performance is faring better comparative to operations in neighbouring South Africa. Group CEO Mike Brown said this during his visit to Lesotho
Board composition heart of good corporate governance
The recent corporate scandals and the failure of some big businesses, as a result of ineffective boards, has prompted investors to demand more accountability from the board of directors. The
It pays to do e-banking!
MASERU -IT was prizes galore at Maseru Mall last Friday as Standard Lesotho Bank dished out M75 000 to some clients who used electronic banking platforms to pay school fees.
Responsibilities of the Board of Directors
THE ever increasing occurrence of corporate scandals has evoked a renewed focus on the role of directors and the importance of good governance. The world is changing rapidly. We have
HR managers sharpen skills
MASERU -STANDARD Lesotho Bank joined forces with Liberty last Thursday to equip Human Resource (HR) officers with knowledge and skills to lead in what is proving to be a very
Inflation rate up to 5.6%
MASERU -THE Central Bank of Lesotho’s Monetary Policy Committee yesterday reduced the net international reserves (NIR) target floor from US$765 million to US$755 million. The committee also decided to maintain
Responsibilities of a company director
Everyone aspires to be a director of a company. This is a noble aspiration. It may be that you have been appointed a company director of a company to be
The bridge Letšeng built
MOKHOTLONG -LETŠENG Diamond has built a foot bridge for villagers and an office for the local chief in Mokhotlong’s Pae-la-Itlhatsoa area. Letšeng Diamond Mine, the highest diamond mine in the
