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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

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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

Business

Remedial measures for a failing business

When you see your business showing signs of imminent failure, it’s time you take some remedial measures so that you turnaround the situation. To stop the company from failing one

Business

The cool Chinese cucumber

MASERU – AFTER searching for jobs in vain for years, two brothers from Ha-’Masana opted to go farming to survive. The Malataliana brothers, who are both university graduates, see their future