HIS MAJESTY RECIEVES LETTERS FROM KOREAN AMBASSADOR
His Majesty King Letsie III has received letters of credence from the Republic of Korea`s Ambassador Designate, Mr Dong-Han Yang, in Maseru on Wednesday. Speaking at the occasion, His Majesty expressed gratitude for the strong working relations between the Kingdom of Lesotho and the Republic of Korea, noting the positive impact of having a […]
DPM PRESENTS CANDIDATE FOR COMMONWEALTH
Deputy Prime Minister (DPM), Justice Nthomeng Majara presented Lesotho Candidate for the position of the Commonwealth Secretary-General, Mr. Joshua Setipa ahead of Samoa elections to be held later this year. Justice Majara did during her bilateral meeting with the Acting Prime Minister of the Bahamas this past weekend. Information from the Ministry of Information shows […]
MOCHOBOROANE PROMISES WORKERS JOBS
In his capacity as Acting Prime Minister, Mr Selibe Mochoboroane, has promised the workers that new jobs will be created in the textile industry soon. Whe addressing the Workers Unions on Workers Day at Morija in Maseru on Wednesday, he disclosed that the Prime Minister, Mr Ntsokoane Sam Matekane, had sent a delegation to China […]
WORKERS’ SAFETY IMPORTANT – MOKHOSI
The Minister of Labour and Employment, Mr. Tšeliso Mokhosi says that safety and good health of workers is important at every workplace. He said when passing the message for the World Day for Safety and Health at Work which is annually commemorated on April 28. This year`s theme is, ‘Significance and Impact of Climate Change […]
LESOTHO HOSTS FIRST MINING INDABA
RSL ACHIEVES 12.5 PERCENT GROWTH IN REVENUE The Revenue Services Lesotho (RSL) has achieved a remarkable 12.5% growth in revenue collection for the 2023/24 financial year. This growth comes despite missing their target by 9.3% and the challenging economic environment. This was said by Commissioner General (RSL) Mrs ‘Mathabo Mokoko in a media briefing held in Maseru […]
CBL ISSUES UPDATES ON MONETARY POLICY
The Monetary Policy Committee (MPC) of the Central Bank of Lesotho (CBL) held its 106th meeting to deliberate on the latest global, regional and domestic economic developments as well as the developments in the financial markets in Maseru. According to the CBL Governor, Dr Emmanuel Maluke Letete, the committee noted that the global economic projections […]
LESOTHO HOSTS FIRST ACCOUNTANTS GENERAL SUMMIT
Lesotho, through the Ministry of Finance and Development Planning is hosting the first African Association of Accountants General (AAAG) summit in Maseru from Monday. The summit is held under the theme ‘promoting a prosperous Africa through integrated financial management process systems and governance’. In her keynote address, the Minister of Finance and Development Planning Dr […]
FOOD, ENERGY PRICES CONTRIBUTE TO HIGH INFLATION – CBL GOVERNOR
The Governor of the Central Bank of Lesotho says food and energy prices coupled with weak exchange rate were the main contributors to the rise in inflation. Dr Maluke Letete said this when giving a report of the 104th Monetary Policy Committee (MPC) held on Tuesday. He said domestic inflation increased to 6.5 percent in […]
GLOBAL ECONOMY RECOVERS-CBL GOVERNOR
The global economic activity continued to recover gradually from the effects of the COVID-19 pandemic and Russia’s invasion of Ukraine. The Governor of the Central Bank of Lesotho, Dr Emmanuel Maluke Letete said this during the press briefing of the Monetary Policy Committee (MPC) held at the CBL premises in Maseru. Dr Letete announced that […]
