Category Archives: Economy

Lesotho products a hit at World Expo

Lesotho products a hit at World Expo

The Information Officer in Trade Ministry of Trade and Industry, Lihaelo Nkaota said Lesotho products have proved to be a hit at the on-going World Expo Astana 2017 in Kazakhstan has revealed. Lesotho is among 137 countries showcasing various products and investment opportunities at the expo which started on 10 June and ends on 10 September. Ms. Nkaota said other ...

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Women in Africa face increased risk from severe drought

Women in Africa face increased risk from severe drought

The current drought devastating sub-Saharan Africa is not only increasing hunger and disease, it is also creating more opportunities for violence against women. Across the continent, it is solely the responsibility of women to collect water and bring it home for drinking, cooking, and cleaning. “Men and women don’t play the same role,” says 66-year-old Nasetnaka Ramatse, a retired office ...

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Lesotho Vulnerability Assessment Results 2017

Lesotho Vulnerability Assessment Results 2017

The Lesotho Vulnerability Assessment Committee (LVAC) conducted the annual vulnerability assessment in June 2017, which shows a Food Insecure Population by Year large improvement in food security, in comparison to the previous years. The LVAC assesses food security, nutrition and WASH needs (Rapid Needs Assessment for Water, Sanitation, and Hygiene) in the 10 districts of Lesotho. In 2017, for the ...

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Farmers urged to get ready for summer cropping season

Farmers urged to get ready for summer cropping season

Farmers in the highlands and foothills of Mohale’s Hoek have been urged to get ready for summer cropping to avoid unnecessary delays. In an interview, the District Agricultural Officer, Mrs. Monica Hawkins said it is important for the farmers to get their fields, agricultural inputs and farming implements ready for timely crop production. She said it is vital for the ...

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Pensioners welcome increment

Pensioners welcome increment

The M700.00 pensioners increment publicized by the Minister of Finance, Dr. Moeketsi Majoro on Wednesday afternoon was welcomed by pensioners of the Botha-Bothe district. Speaking with one of them in an interview on Thursday, Mrs.’Mampheu Molumo thanked the government for considering them as elderly people who no longer have the strength to work as to earn a living. She said ...

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Public applaud budget constrictions

Public applaud budget constrictions

Members of Mokhotlong community said the projected budget constrictions for Ministers travelling on international trips is a decisive move to reduce government expenditure. Mokhotlong community made these remarks during an interactive session held at Senqu hotel on Wednesday after Minister of Finance Dr. Moeketsi Majoro made the 2017/2018 fiscal year budget speech. Highlighting some few measures aimed at reducing government ...

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Majoro breaths fire against uncontrolled government spending

Majoro breaths fire against uncontrolled government spending

Tough policy decisions, cracking of the whip and prosecution of wrong-doers in the public financial management, as well as strengthening of institutions guarding and enforcing law and order could be the only phrase that will describe the governance style of Dr. Moeketsi Majoro’s in the next few financial years. And, that is if his policy direction continues to enjoy popularity ...

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Experts describes Lesotho as a virgin economy

Experts describes Lesotho as a virgin economy

Lesotho is being described as a virgin economy which could attract more investors if the current government sticks to its guns. Analysts believe the change in power will eventually restore investor confidence and have the country experiencing a significant hike in economic growth in a few years to come. Professor Motlamelle Kapa, Lecturer in the National University of Lesotho (NUL) ...

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Old age pension and vulnerable persons funds increased

Old age pension and vulnerable persons funds increased

Increased old age pension in 2017/18 fiscal year was welcomed with warm hearts as a move to make life easier for the elderly people most of whom, earn their living out of it. This followed presentation of the 2017/18 budget speech by the Minister of Finance, Dr. Moeketsi Majoro on Wednesday who showed a raise of the old age pension ...

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Public servants get 6{ce26f346cd59949e2c0f2d00ffd4e33d79c93a92036a118111a0d166462d4b89} increase in relative terms

Public servants get 6{ce26f346cd59949e2c0f2d00ffd4e33d79c93a92036a118111a0d166462d4b89} increase in relative terms

In relative terms, the public sector salaries have been adjusted by six percent, the Economic and Justice Coordinator for the Lesotho Council of Non-governmental Organisations (LCN) has said. In his analysis after the budget speech presentation by the Minister of Finance in Maseru on Wednesday, Mr. Sekonyela Mapetja said if the salaries have been adjusted by three percent and tax ...

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