Business

MICRO Small and Medium Enterprises (MSMEs) Association has urged indigenous Basotho to showcase their local produce at a monthly flea market. The flea market, organised by the MSMEs, was held along Kingsway Road in Maseru on Monday.

VODACOM Lesotho inaugurated a new cell tower in Ha-Tšepe, Leribe, last Friday as part of celebrating the World Telecommunication and Information Society Day. The tower was funded by the Universal Service Fund (UFS) and the African Development Bank (ADB) and operated by Vodacom Lesotho.

ECONET Telecom Lesotho (ETL), through its Higherlife Foundation, donated a two-roomed house to Ntšeliseng Lelapa of Ntlholohetsane in Mokhotlong district recently. Lelapa, 16, is a high school girl who is an orphan heading the family after the death of her parents.

KING Letsie III launched the Lesotho Nation Brand yesterday which he says has identified four main pillars which form the foundation of the national vision for a prosperous and thriving Lesotho. These pillars are investment, trade, tourism, development of local products, and patriotism.

STANDARD Lesotho Bank, Basotho Enterprise Development Corporation (BEDCO), and the Revenue Services Lesotho will provide M1.4 million for this year’s Bacha Entrepreneurship Project. This was announced by the BEDCO CEO, Lemphane Lesoli, at the 2024 BEP launch in Maseru on Tuesday. The fund will be distributed among five aspiring businesses that will benefit from the …

VODACOM Lesotho, in partnership with Mafube ICT Solution (Pty) Ltd, launched a new product called Connected Car. The product is meant to solve problems like fuel cost, car maintenance, car tracking and many other problems encountered when using a car. Puseletso Putsoane, Vodacom’s manager of commercial operations, said the product is not only meant for …

THE Principal Secretary of the Ministry of Trade, Industry and Business Development, Thabo Moleko, says cohesion among key stakeholders is critical to the revival of the textile sector. Moleko was speaking at two consultative meetings held this week as part of the Expanding Enterprises Participation in Textile and Clothing Global Value Chain project.

94 000 jobs. That is what the Millennium Challenge Account (MCA-Lesotho) will create in the next 10 years, according to Prime Minister Sam Matekane. The MCA-Lesotho was created by the Lesotho parliament last year after the United States’ Millennium Challenge Corporation (MCC) found Lesotho eligible to receive development funds.

A new policy to drive industrialisation in Lesotho was launched in Maseru this week. The Lesotho National Industrialisation Policy 2024–2028 is being spearheaded by the Ministry of Trade.

THE Lesotho Electricity Company (LEC) has increased power tariffs by 9.6 percent. The new tariffs were approved by the Lesotho Water and Electricity Authority (LEWA) yesterday.