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Government of Lesotho

LRA BEATS 2020/21 TARGETS

The Minister of Finance, Mr. Thabo Sophonea received a cheque of over M6 billion worth of tax revenue collection by the Lesotho Revenue Authority for the 2020/2021 financial year. This event took place during a press conference held at the Manthabiseng Convention Centre on Wednesday whereby LRA also revealed its performance during the said year. […]

Government holds financiers, investors forum

In an endeavour to address unemployment, Government of Lesotho through the Ministry of Development Planning has on Thursday held a financiers and investors forum in Maseru. In his remarks, Minister of Finance Dr Moeketsi Majoro indicated that the inaccessibility of credit and capital is a major impediment to the development of Lesotho’’s private sector, particularly […]

GOL announces over 30 000 jobs

The Government of Lesotho has on Wednesday announced M19.9 billion worth of private investment and new job opportunities of over 30 000 for Basotho as committed in the National Strategic Development Plan Plan (NSDP) II 2018/19-2022/23 . In his keynote address during a Job and Investment Summit held in Maseru, the Prime Minister (PM) Dr. […]

CBL URGES BASOTHO TO MAKE SAVINGS

The Governor of Central Bank of Lesotho (CBL), Dr Rets’elisitsoe Matlanyane said money is not earned freely but obtained in return of a service or labour hence should be saved. This, she when addressing Senators at a seminar on Financial Fitness and Personal Financial Management which was held by the Bank at Lehakoe Recreational Centre […]

PM LAUNCHES ECONOMIC LABORATORIES

The current coalition government is committed to accelerating business development and employment creation through economic laboratories. The Prime Minister, Dr Motsoahae Thabane remarked when officially launching the Lesotho 2019 Economic Laboratories at the held  in Maseru on Wednesday. Dr Thbane said the launch is part of the government’s initiatives to implement the National Strategic Development […]

PETROLEUM PRODUCTS TO INCREASE AGAIN

Following the increase in petroleum products last month (February), Petroleum Fund has announced yet another increment of such products from Friday. This is according to the press statement from the fund which states that the pump price of both grades of petrol (petrol93 and petrol95) will increase by 80 cents per Litre and the pump […]

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