Business

Business 0 Comments

Bank posts over M50 million profit

MASERU – FROM the brink of collapse, the Lesotho Post Bank has increased its customer deposits portfolio to M1.2 billion while raking in over M50 million in profits, said the bank’s

Business 0 Comments

Visualising your 2019 and beyond

Theodore Hesburgh once said, “The very essence of leadership is that you have a vision. It’s got to be a vision you articulate clearly and forcefully on every occasion. You

Business

Public demands accountability at tax indaba

MASERU – “WE are fed up with the government’s irresponsible expenditure.” This was the loud message from a two-day Lekhetho Khotla (tax indaba) held in Maseru this week. Participants at the

Business

Massive plan to revamp airport

MASERU – THE government is mulling a M15 billion project to revamp Moshoeshoe I International Airport, thepost heard this week. The Principal Secretary in the Ministry of Public Works and Transport

Business

Profitability is key to the success

For every business to be successful and remain in business it needs to be profitable. Profitability is very important for long-term survival. For every commercial concern, profitability is the main

Business

Bank tackles financial illiteracy

MASERU – PEOPLE living in rural areas are still struggling with financial literacy and inclusion, a challenge that the Central Bank of Lesotho (CBL) has now set out to tackle. To

Business

Factors that can lead your business to fail

Most people are afraid to fail. The fear of failure prevents them from trying new things in life. They don’t want to make mistakes. What such people don’t realise is

Business

Getting your company out of a financial ‘hole’

Jack Welch, the former chairman and CEO of General Electric once said “Change before you have to”. When you see tell-tale signs of a decline in your business you better

Business

LRA to host Tax Expo

MASERU – THE Lesotho Revenue Authority (LRA) will hold a Tax Expo at ’Manthabiseng Convention Centre on December 4th and 5th. The Expo is intended to provide a platform for stakeholders

Business

Assessing your company’s financial risk

An entrepreneur can fund the start or growth of his business through equity or debt or through a combination of debt and equity. Each of these approaches offer some advantages