Business
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
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
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
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
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
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
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
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
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
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
