Shi acknowledges M10 million debt to govt
NEO SENOKO MASERU - Controversial Chinese businessman, Stone Shi, has signed an acknowledgement of debt in the amount of M10...
Business
Customs and Excise Bill adopted by parly
STAFF REPORTER MASERU - The National Assembly on Monday adopted the Customs and Excise Bill 2021 following a motion by...
Bill to strengthen LRA against draconian SARS rules
NEO SENOKO MASERU - The Lesotho Revenue Authority (LRA) should be capacitated with necessary laws and regulations to be in...
’Maseribane to launch platform for MSMEs’ growth
MAMELLLO SEBATANE Maseru - The Minister of Small Business Development, Co-operatives and Marketing, Chief Thesele ’Maseribane will launch a...
Trade unions demand answers
…as employers deny workers salary hikes BUSINESS REPORTER MASERU - Six factory workers unions have joined forces to highlight their...
Minister says Lesotho should diversify textile industry
BUSINESS REPORTER MASERU – Trade and industry minister, Dr Thabiso Molapo, says Lesotho should diversify the textile industry since the...
Nien Hsing II workers lose jobs
As US buyers Levis Straus&Co, Kontoor Brands cut orders MATHATISI SEBUSI MASERU - Thousands of Nien Hsing II textile...
VAT increase on electricity a mixed bag
NEO SENOKO MASERU - Government’s intension to increase VAT rate on electricity to enhance revenue collection efficiency measures has been...
Over M5 billion allocated for new fiscal year
BUSINESS REPORTER MASERU – Over M5 billion has been set aside as capital budget for the new fiscal year, the...
Govt receives M105 million for SMMEs
NEO SENOKO MASERU - The government has received a loan and grant to the tune of UA 7.22 million (M...
Free African trade to enhance economic integration – SACU
BUSINESS REPORTER MASERU – The Implementation of African Continental Free Trade Area (AfCFTA) is one of Africa’s flagships projects for...
FNB registers M17 million loss
…as commercial banks report losses NEO SENOKO MASERU - With the challenges that came with the 2020 financial year due...
