LESOTHO EYES OPPORTUNITIES FROM EU-SA INVESTMENT SUMMIT
In the wake of the 8th European Union (EU)-South Africa(SA) Summit held in Cape Town, significant financial commitments from EU could provide vital opportunities for neighboring Lesotho. European Commission President Ursula von der Leyen announced a robust €4.7 billion “Global Gateway Investment Package,” focusing on essential support for energy transition initiatives, the development of critical […]
DPM MEETS WITH THE GERMAN PRESIDENT
The President of Germany, Mr Frank- Walter Steinmeier, says his visit in Lesotho demonstrates willingness to deepen further the existing relations between the two countries. This he said in his statement during a round table meeting which brought together the Deputy Prime Minister (DPM) , the Ministers of Trade, that of Foreign Affairs, Transport, as well as the […]
HIS MAJESTY GRACES THE PRE-SUMMIT OF THE FUTURE CONFERENCE
Ahead of the UN’s Summit of the Future scheduled for 22-23 September 2024, the United Nations Sustainable Development Solutions Network (SDSN) hosted a High-Level, two-day Pre-Summit of the Future Conference to inform outcomes of the Summit as part of its annual International Conference on Sustainable Development (ICSD). His Majesty was among the speakers and delivered […]
ENERGY MINISTER, EU AMBASSADOR ON MINI-GRIDS INSPECTION
The Minister of Energy, Prof. Nqosa Mahao together with the European Union (EU) Ambassador to Lesotho, Ms. Paola Amadei undertook a familiarisation tour of a mini-grid site at Matsoaing in Mokhotlong on Wednesday. The mini-grid is one of the many that are being constructed by One Power Company, a renewable energy startup that provides affordable […]
LESOTHO RECOGNISES CLEANTECH INNOVATIONS
The Minister of Energy awarded prizes to at least 16 Basotho entrepreneurs that participated in the Global Cleantech Innovation Program at the event held in Maseru on Thursday. While handing over prizes, Professor Nqosa Mahao applauded the entrepreneurs, saying this is a step by Lesotho towards enhancing its readiness on promoting clean tech and also […]
FUEL PRICES INCREASE AGAIN
Fuel prices will increase again starting on Wednesday (04 October 2023) and have this time increased by 10 lisente in both grades of petrol while diesel has increased by M1.40 per litre. According to a press release from Petroleum Fund, illuminating paraffin has increased by M1.00 per litre thus Petrol 93 will cost M22.50 per […]
FUEL PRICES HIKE
Petroleum prices in Lesotho are subject to monthly adjustments based on a review of international and local factors. This was said by the Petroleum Fund Chief Executive Officer (CEO), Mr. Thato Mohasoa following the fuel adjustment prices in Lesotho with effect from Wednesday, 06 August 2023. Mr. Mohasoa said the costs of fuel and its […]
LEC GETS NO SUBSIDY
The Lesotho Electricity Company (LEC) says that the government and its agencies owe over M80 million, yet it does not get any subsidy from the latter. This was disclosed by the LEC Managing Director, Mr. Mohato Seleke when addressing the media in Maseru on Tuesday. He added that the private sector and individuals also owe […]
LOAD SHEDDING A CHALLENGE FOR RERA-CHAIRPERSON
The Lesotho Electricity and Water Authority (LEWA), acting Chief Executive Officer (CEO) and Chairperson of the Regional Energy Regulatory Association (RERA), Mr. Monti Ntlopo says despite achieving a number of milestones, the energy sector still faces key challenges like electricity load shedding which is a result of supply and demand imbalance. This, Mr. Ntlopo said […]
PETROLEUM FUND ANNOUNCES FUEL HIKE
The Petroleum Fund Secretariat has announced another fuel hike which is set to be effective this Wednesday. The Public Relations officer, Mr. Rorisang Mahlo said the increased fuel prices will be effective on March 01, 2023. Both grades of petrol will increase by M0.80 cents per litre, while the pump price of diesel and Illuminating paraffin will remain […]