Wednesday, October 4, 2023
21.4 C
Maseru
Kao-mine

Kao Mine runs M174m loss

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As lower diamond prices affect profitability Lerato Matheka The Storm Mountain Diamond (SMD) has made a loss of M174 million, reports have shown. According to SMD performance report, the mine...
Lesotho-rough-Diamonds

Lesotho mine industry at risk

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…With rough diamond production expected to decrease in short term due to depletion of existing mines …it is predicted that the global portfolio of diamond...
EXPO-exhibits

Entrepreneurship Expo turns 4

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Pheello Mosesi Themed ‘Building sustainable value chains’, this year’s expo and summit saw both  young and old entrepreneurs motivated to show up at the mall and showcase...
Lesotho-and-South-Africa-water-ministers

Polihali Takes off

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Pheello Mosesi This week the first rock blasting activity towards the construction of Polihali Dam took place in Malingoaneng, Mokhotlong as a signal that the wall and tunnel...
Auditor-General-Lucy-Liphafa

M1.4 billion from nine years ago yet to be regularised

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…As the Audit report gives another adverse opinion on government spending Lerato Matheka Government consolidated financial statements do not present fairly the financial position, the Auditor General (AG)...

OAG identifies a need for political will

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Lerato Matheka Lesotho has been nominated to deputise Seychelles which was nominated chairperson of the Organisation of English-speaking African Supreme Audit Institutions (AFROSAI-E). Lesotho is part of 16 countries...

Local sandstone miners complain

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Keketso Khunonyane Local Sandstone Mining Companies at Lekoakoaneng laid their challenges before the Minister of Mining Keketso Sello, during his visit earlier this month. The purpose for the...

Post Bank meets street vendors half way

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Keketso Khunonyane With capital struggles facing small and informal businesses, the Lesotho Post Bank saw a need to come up with a small loan service...