Business & Economy

From skills centre to industrial reality

Johane Garments, a textile factory owned by Mosotho entrepreneur Tšepo Johane, has transitioned from a small and medium-sized enterprise into a fully-fledged industrial operation now known as Johane Industrials after overcoming debt and compliance challenges. The milestone was celebrated by government officials who highlighted the factory's significance for Lesotho's manufacturing sector and the importance of supporting homegrown industrialists.

Source: Lesotho Times

Metropolitan educates retirees

Metropolitan Lesotho hosted a pre-retirement seminar at the Convention Centre warning Basotho approaching retirement against making costly financial mistakes with their pension payouts. The insurance giant and pension administrator highlighted five major retirement pitfalls including treating lump sums as wealth, carrying excessive debt into retirement, and failing to plan

Harrison sets the bar high at Lijabatho

Mark Harrison, the newly appointed head coach of Lijabatho FC, has set ambitious targets including winning the Lesotho Premier League title and guiding the club to the CAF Champions League group stages, a feat no Lesotho team has achieved. Harrison has made an impressive start with two consecutive victories and

Their Majesties’ house must be completed without further delay

The Royal Palace construction project in Maseru, initiated in 2011 with an expected 18-month timeline, remains unfinished over 15 years later with costs escalating from M136.7 million to M461 million. The government has allocated an additional M50 million to resume construction, but an Auditor-General's audit

AADFI launches continental development finance journal

The Association of African Development Finance Institutions (AADFI) has launched a continental Journal of Development Finance during its CEOs Forum held in Maseru from 4-6 November 2026 to strengthen research and policy dialogue on African economic development. The journal will provide a peer-reviewed platform for research on development

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Metropolitan educates retirees

Harrison sets the bar high at Lijabatho

Their Majesties’ house must be completed without further delay

AADFI launches continental development finance journal