The Loti, the banks, tax and trade, jobs and prices — the economy explained for the people living in it and sending money into it.
Business & Economy
Vodacom Lesotho has launched Dynamic Airtime, a digital service allowing customers to purchase airtime electronically in any amount from M1.50 without physical vouchers. The service aims to provide greater flexibility and safety for both customers and airtime vendors by eliminating the need for physical stock, reducing cash handling risks,
Business & Economy
Mohopoli Monokoane, a Lesotho MP and founder of the Khanya political movement, pledged to help small entrepreneurs by creating mentorship opportunities with established business tycoons and addressing cross-border trade challenges. The initiative includes agricultural demonstration projects and nationwide public consultations to gather input for Khanya's policy agenda
Business & Economy
The article argues that youth entrepreneurship is essential to Lesotho's economic future, as formal employment cannot absorb the growing number of young people entering the labour market. It outlines the role of government, the private sector, and technology in supporting young Basotho entrepreneurs to address unemployment and prevent
Business & Economy
Econet Telecom Lesotho has invested over M100 million in education programmes since 2011, supporting more than 2,000 young Basotho scholars through secondary school, university, and international study opportunities. The company's initiatives include the Moshoeshoe I Scholarship, digital learning platforms reaching over 13,000 learners, and a recent
Business & Economy
An opinion piece argues that Lesotho's pension funds, which collectively manage billions of maloti, could play a more transformative role in economic development beyond their primary function of paying retirement benefits. The author proposes that pension funds could invest in infrastructure, affordable housing, and small and medium enterprises
Business & Economy
Lesotho farmers have been urged to adopt climate-smart agricultural practices including adjusted planting schedules, improved water management and short-duration crop varieties to prepare for anticipated El Niño conditions expected from November to April. The call was made at a stakeholder forum where experts from the FAO, Lesotho Meteorological
Business & Economy
Baokunyaoda, a wool and mohair broker, has begun operations in Lesotho after five months, offering farmers faster payments within days rather than months, reduced transportation costs by routing products directly to China instead of through South African auctions, and plans to establish processing factories in the country within three years.
Business & Economy
Vodacom Lesotho has officially adopted Maseru District under the Lesotho Tourism Development Corporation's 'Re Bontše Lesotho' campaign, pledging connectivity, resources and mentorship to support digital content creators promoting Lesotho's tourism attractions and culture. The campaign, launched in March, empowers young storytellers from all 10
Business & Economy
Econet Telecom Lesotho's Higherlife Foundation has sponsored five Basotho students to pursue undergraduate degrees at leading US universities in fields including biomedical engineering, chemical engineering, industrial engineering, economics, finance, and neuroscience. Since 2011, Higherlife has invested over M100 million in scholarships and educational support programmes benefiting more than
Business & Economy
The article examines how global economic slowdown, rising debt levels, and reduced development assistance affect Lesotho as a small, open economy dependent on external factors like SACU revenues and international trade. It argues that Lesotho must strengthen governance, diversify its economy beyond SACU reliance, invest in education and technology skills,
Business & Economy
Aranda Textile Mills launched its 2026 Young Basotho Designers collection at Thaba Bosiu on 11 July, featuring eight emerging designers working with the iconic Basotho blanket. The initiative provides a platform for young creatives to celebrate their cultural heritage while earning rebates from sales of blankets featuring their designs. Source:
Business & Economy
Econet Telecom Lesotho and the United Nations Development Programme have signed a Memorandum of Understanding to collaborate on digital transformation, artificial intelligence, and innovation to support Lesotho's socio-economic development. The partnership will focus on digital infrastructure and AI adoption, innovation ecosystem development, and entrepreneurship support across three