Business
Beware of SA stained notes
MASERU – THE Central Bank of Lesotho (CBL) has warned of the possible influx of stolen banknotes from South Africa following riots in that country.These notes, the CBL has warned,
Major boost for access to credit
MASERU -ARE you in need of a quick loan but do not have any assets that could be used as collateral?That should not be a problem, thanks to a new
Vodacom sets up financial services company
MASERU – VODACOM Lesotho has set up its M-Pesa division as a separate business unit to be known as VCL Financial Services.The new company was unveiled on Monday.The Managing Director
Transforming the business environment
MASERU – SINCE inception in 2007 the government’s Private Sector Competitiveness and Economic Diversification Project (PSCEDP), in the Ministry of Trade and Industry, has helped transform the business environment by
The lure of cryptocurrencies
MASERU – CRYPTOCURRENCIES have taken other parts of the world by storm and are considered a viable alternative currency by some. In Lesotho, they are largely unknown. But one man
World Bank praises Lesotho’s social protection policies
MASERU – AT least 49.7 percent of Lesotho’s population lives below the national poverty line with about a quarter of the population living in extreme poverty.That is according to a
The future is bright
MASERU – Teboho Tjaoane 38, Econet’s chief finance officer, has been with the company for fourteen years. In those years, he has seen the company’s performance dip year after year.
Big boost for anti-corruption crusade
MASERU – Lesotho’s fight against fraud, tax evasion and other corrupt business practices received a major boost this week after four institutions signed a cooperation agreement.The Memorandum of Understanding (MoU)
Firm warns of fraudsters
MASERU – A local construction company that is in a 90 000 home project with a local bank this week warned of the presence of fraudsters who are masquerading as
LTDC ramps up domestic tourism
MOKHOTLONG – VISIT Lesotho first.This is a clear message the Lesotho Tourism Development Corporation (LTDC) is passing to Basotho as it steps up efforts to ramp up domestic tourism.The LTDC
