Business

Business

A game-changer in property sector

MASERU – RBS Construction, in collaboration with the Standard Lesotho Bank, has launched a programme aimed at providing housing to those who previously could not afford building their own house

Business

Approaches to budgeting

Budgeting is very essential for every business to enable it to plan and track its performance. There are two approaches to prepare a budget and each of these approaches has

Business

Making cross-border trade easier

MASERU – FOR years Lesotho’s businesses have complained about the delays at the country’s commercial borders. Either they are grappling with border clearing systems that are constantly down or they are

Business

Behavioural aspects in budgeting

Every organisation has a mission, which explains the reason for its existence, and vision, which describes what the organisation aims to be in the future, which is usually inspirational and

Business

Linking the budget to the strategic plan

When preparing a budget ensure that your budget achieves the following critical objectives, such as, being a tool to implement the strategic plan, motivate staff, evaluate performance of the organisation

Business

Letšeng Diamond pumps M13m into scholarships

MASERU – Letšeng Diamond Mine chief executive officer, Kelebone Leisanyane, says the company has pumped close to M13 million in educational scholarships to Basotho students since 2006. Leisanyane was speaking at

Business

Economy grows by 0.1 percent

MASERU – THE Central Bank of Lesotho (CBL) Governor, Dr Retšelisitsoe Matlanyane has expressed concern over the weak economic growth in the country. The governor made the remarks during a Monetary

Business

It’s time to create your organisation’s budget

The financial year is coming to an end. Most businesses will be having their financial year end in March 2020, and as they start the new financial year, they need

Business

LRA, SACU launch Preferred Trader Programme

MASERU-THE Lesotho Revenue Authority (LRA), in collaboration with the Southern African Customs Union (SACU), launched the Preferred Trader Programme (PTP) on Tuesday. They also awarded 10 local traders with accreditation

Business

BEDCO re-launches business plan competition

MASERU – THE Basotho Enterprises Development Corporation (BEDCO) on Monday re-launched the Business Plan Competition (BCP) which was suspended late last year. The competition was suspended after the process was hijacked