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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,

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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

Business

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

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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

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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

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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

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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.

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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)

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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

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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