Business

Business

Kangaroo meat scandal rocks Lesotho

MASERU – KANGAROO meat. That is what you probably ate if you recently bought any processed meat from Econo Foods in Maseru. That stunning disclosure was thanks to a whistle-blower from

Business

A step-by-step budget preparation process

In this article I will take you through a step-by-step process of preparing your budget. You are coming to the financial year end and you therefore need to start preparing

Business

MMB, Post Bank ink loan deal for clients

MASERU-THE Lesotho Post Bank (LPB) in partnership with Maluti Mountain Brewery (MMB) have embarked on an initiative that will ease access to finance for those in the liquor trading business.

Business

Budgeting methods

In the last article I discussed two approaches to budgeting. I looked at the top down approach or imposed budgeting approach. I then looked at the bottom up approach which

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