The Central Bank of Lesotho’s Monetary Policy committee (MPC) last week cut down the CBL lending rate from 7 percent to 6.75 percent per annum.
Apart from reducing the lending rate, the committee has also increased...
Former South African president Jacob Zuma is to appear in court Today on 16 corruption charges over a suspect arms deal that dogged much of his rule before he was ousted in February.
Zuma will attend the brief...
A war of words has erupted between Chief Justice Nthomeng Majara and Government Secretary (GS), Moahloli Mphaka, over moves to oust the top judge from her popular post.
The Chief Justice is furious over a recent notice from...
The Basotho National Party(BNP) commemorated 55 years of its existence in Maseru yesterday, since it was initiated on April the 4th 1959.
Speaking at the event the party leader Chief Thesele ‘Maseribane, said BNP...
A project recently launched in Lesotho looks at getting young people to work in agro-processing, boosting food production in a country which –has for an eternity, depended on importing essentials.
The Geneva-based...