Category Archives: Economy

Youth venture in to bee keeping business

Youth venture in to bee keeping business

As part of efforts to create jobs for unemployed groups of society Re Hola Re Ipopile Youth Cooperative Society is currently engaged on bee keeping project. In an interview with LENA the Assistant Secretary, Ms. Palesa Masilo said they opted for this project after realizing that their piggery project is no longer profitable hence withdrawal of other members. Ms. Masilo ...

Read More »

Khasu state witness in mining fraud case

Khasu state witness in mining fraud case

The recalling of former minister of Mining, Mr. Tlali Khasu for further cross-examining before the Maseru Magistrate Court on Tuesday in a case of fraud and corruption against former ministry’s Principal Secretary, Mr. Clement Lerotholi failed to proceed. According to the Directorate on Corruption and Economic Offences (DCEO) Advocate Sefako Seema, defence Advocate Khotso Nthontho who represents Mr. Lerotholi was ...

Read More »

Lesotho to participate at world tourism exhibition

Lesotho to participate at world tourism exhibition

Lesotho Tourism Development Corporation (LTDC) will participate at the three-day World Tourism Market Africa exhibition to be held in Cape Town commencing on Wednesday. This was revealed by LTDC Public Relations Officer (PRO) Mr. Molapo Matela in an interview on Tuesday. He indicated that the private sector will get a chance to form linkages with their counterparts in order to ...

Read More »

Maluti Sky lands on take off due to lack of business

Maluti Sky lands on take off due to lack of business

A local flight company, Maluti Sky, has closed shop because the flight business in Lesotho is not lucrative. The Matekane Group of Companies (MGC) management has decided to cease operations of the Maluti Sky scheduled flights between Maseru and Johannesburg as of May 01. According to MGC Head of Operations and Marketing Mrs. ‘Mamotake Matekane, the decision was triggered by ...

Read More »

Agricultural shows successful

Agricultural shows successful

The department of Livestock is currently engaged in a series of agricultural shows in the district which are deemed as successful. This was stated by the District Animal Production Officer, Mr. Mucuweni Ntsoana in an interview with LENA on Friday. According to Mr. Ntsoana, the show which is targeting district farmers is aimed at helping them to show off their ...

Read More »

Consumer price hike looming

Consumer price hike looming

Local economists predict a hike in commodity prices following downgrading of Republic of South Africa (SA) to junk status by rating agencies. Mr. Thuso Pitso, President of the Lesotho Institute of Accountants, in an interview with LENA on Wednesday, said because Lesotho is a net importer and some of the products are purchased beyond SA using United States (US) dollar, ...

Read More »

One-stop shop facility for ex-miners to be launched

One-stop shop facility for ex-miners to be launched

The Ex-miners Association of Lesotho will host delegates from the Medical Bureau of Occupational Diseases (MBOD) next week with the purpose to launch a one-stop shop facility in Mafeteng. MBOD deals with compensations of miners on damaged lungs caused by silica dust inhaled from the gold mining. The Association’s Deputy Secretary General and also the Technical Advisor, Mr. Rants’o Mantsi ...

Read More »

Hard times for deceased miner’s family

Hard times for deceased miner’s family

One of the bereaved families of the 15 illegal miners killed in South Africa is struggling to make ends meet weeks after their son were laid to rest at Leralleng in the Rothe constituency in Maseru. Speaking with LENA two weeks after burying their son in a mass funeral, Mr. Makhele Bulara said the family cannot cope without the assistance ...

Read More »

ILO members challenged to remember its founding objective

ILO members challenged to remember its founding objective

International Labour Organisation (ILO) member states have been invited to revisit history of the organisation, objectives, strategies, policies, as well as standards and engage on its successes and challenges. This was revealed by Deputy Principal Secretary, Mr. Pitso Makosholo when speaking on behalf of Minister of Labour and Employment at a workshop on National Dialogue on the Future of Work ...

Read More »

Taxi association to honour best driver

Taxi association to honour best driver

In an effort to improve performance of public transport drivers, Reahola Taxi Association (RTA) will on March 25 honour one of the best drivers at an event to be held at its office at Hleoheng in Leribe. This was revealed by chairperson of Reahola Taxi Association Mr. Mandela Mokhetheea in an interview with LENA. He explained that the prizes and ...

Read More »