Business & Economy

dr. moeketsi majoro 2

Majoro Responds to Budget Questions

Maseru – The Minister of Finance Dr. Moeketsi Majoro says the economic gap between the poor and the rich is too wide and needs to be addressed for the country to progress. Responding to questions during a post-budget question and answer session in...

OLYMPUS DIGITAL CAMERA

Committee Increases NIR Target Floor

Maseru – The Monetary Policy Committee MPC has decided to increase the Net International Reserves NIR target floor from 600.00 million United States US Dollars to 630.00 million US Dollars and to keep the Central Bank of Lesotho CBL rate...

lesotho post bank

Minister Tours LPB

Maseru – The Minister of Communications, Science and Technology Honourable Serialong Qoo toured the new building of Lesotho Post Bank LPB Headquarters in Maseru, to examine the bank’s management performance and its progress. He commended...

shoprite-3

Shoprite Opens Shop in Mokhotlong

Mokhotlong – Shoprite has opened a new store in Mokhotlong in a bid to explore new markets and take services closer to the nation. Shoprite Regional Administration Manager Mr. Boipuso Adonts’i said following long-term market research, they...

lebohang-thotanyana

Mining Contributes to Economic Growth

Maseru – The mining sector contributes an estimated 10 percent Gross Domestic Product to the country’s economic growth. This was said by Minister of Mining, Honourable Lebohang Thotanyana in his statement in the National Assembly, saying...

joshua-setipa

Lesotho and Japan Explore Business

Tokyo – His Majesty King Letsie III has invited the Japanese business community to explore business opportunities presented to them by Lesotho National Development Corporation, LNDC. Addressing an Investment Forum hosted by LNDC in Tokyo, the King...

post-bank-2

Post Bank Receives Award

Maseru – Lesotho Post Bank Managing Director, Mr. Molefi Leqhaoe says the Golden Arrow Award, which the bank received from PMR Africa, drives the bank to work harder to meet customer expectations. In his comments a few days after receiving an...