Category Archives: Economy

Sello urges transparency at mining workplaces

Sello urges transparency at mining workplaces

Mokhotlong – The Minister of Mining, Mr. Keketso Sello encouraged mining investors to promote transparency at workplace and have mutual trust with communities in order to ensure smooth operations of mines. He said this on Friday while addressing the Mokhotlong community who were complaining of lack of transparency in the labour recruitment process at Mothae mine. Mr. Sello said it ...

Read More »

Letlotlo La Basotho holds debut conference

Letlotlo La Basotho holds debut conference

Maseru– Letlotlo La Basotho Service, Cooperative and Society Limited for the first time held a conference in Maseru on Saturday. The objective of the conference was to state service and financial reports before members showcase products to be produced by the society as well as to elect the new committee. The Chairperson of the Society, Mr. Motlatsi Shale said they ...

Read More »

Liphakoe cooperative adds more members

Liphakoe cooperative adds more members

In an effort to improve summer cropping, Kopanang Liphakoe Cooperative (KLC) accepted six more members thus increasing the number of hectares as compared to the last cropping season. This was said by the Chairperson of KCL, Mrs. ‘Mamotseki Mahloko on Monday. Mrs. Mahloko explained that the hectares have increased from seven to 49.7 as the new members have borrowed their fields ...

Read More »

World Urban Forum

World Urban Forum

Lesotho will participate in a seven-day World Urban Forum in Malaysia from February 7, 2018, the Ministry of Local Government and Chieftainship Information Officer Mrs. ‘Makena Setho-Letsie said. Mrs. Setho-Letsie said her Ministry will represent the country at the Forum. Mr. Habofanoe Lehana, the Chairperson of the United Nations (UN) Habitat for Humanity, who was appointment in October this year, ...

Read More »

A visa-free Africa still faces hurdles

A visa-free Africa still faces hurdles

Would an Africa in which Africans require no visas to travel boost prospects for intracontinental trade? The African Union (AU) and many of the continent’s economic organisations think so and want it to be a reality by 2020. It is not an entirely original concept (the European Union already has a visa-free policy for its citizens), and many experts laud ...

Read More »

BOS completes energy consumption survey

BOS completes energy consumption survey

The second phase of the 2017 Household Energy Consumption Survey (HECS) conducted by the Bureau of Statistics (BOS) in the Ministry of Development Planning was successfully completed. This is according to the Chief Statistician in the BOS, Ms. Ts’episo Thabane in an interview on Monday. She stated that field work was completed on Thursday last week as scheduled. She indicated ...

Read More »

Expert says corruption hinders development

Expert says corruption hinders development

If corruption will continue to happen the way it is doing now, the African countries, Lesotho inclusive will never realise peace, security, stability and development. Prof. Patrick Lumumba, former Director of Kenya Anti Corruption Commission said this in his presentation delivered as a guest speaker invited at the anti corruption symposium on this year’s theme, ”United against corruption for development, ...

Read More »

Mining laws go under review

Mining laws go under review

The Ministry of Mining held a second multi stakeholder forum aimed at reforming several mining sector codes currently not sufficiently responding positively to the development millennium demands of the mining sector for socio-economic developments. New areas proposed by the draft Mining Bill 2015 which were not catered for in the old principal Mining Law-Mines and Mineral Act of 2005 and ...

Read More »

Alliance Insurance launches Ha Makhakhe shopping centre

Alliance Insurance launches Ha Makhakhe shopping centre

MOKHOTLONG – In a bid to expand business opportunities for Basotho people, Alliance Insurance Company has officially opened Ha-Makhakhe Shopping Center. Speaking at Alliance Chief Financial Officer Mr. Mohapinyane Taole said the idea to build a shopping complex was among their development plans aimed at promoting economic empowerment strategies for Basotho and they approached other potential investors and the idea ...

Read More »

Vodacom Lesotho adds green operations to green network

Vodacom Lesotho adds green operations to green network

The 17 Sustainable Development Goals, adopted by 193 world leaders in 2016, are a shared vision for humanity. If achieved, it would mean an end to extreme poverty, inequality and the worst threats of climate change by 2030. To help support Goal 13 of the 17 Sustainable Development Goals, which is to take urgent action to combat climate change and ...

Read More »