Friday, November 14, 2025
21.4 C
Lesotho

Bank, ministry sign MoU

By Neo Kolane

Eighty fruit trees were planted at Thuso E Tla Tsoa Kae Primary School in Butha Buthe on Monday, courtesy of Standard Lesotho Bank (SLB) and the ministry of forestry and land reclamation.

The ministry and the Bank also signed a three-year memorandum of understanding which saw SLB contribute M600 000 towards the ministry’s efforts to eradicate poverty by planting fruit trees.

At the event, forestry and land reclamation minister Motlohi Maliehe commended Standard Lesotho Bank for extending a helping hand at the right time when the COVID-19 pandemic is wreaking havoc on livelihoods and the national economy.

Maliehe lamented that his ministry is not adequately resourced to purchase trees.

He pleaded with other companies and organizations to emulate Standard Lesotho Bank and give back to communities.

For his part, Standard Lesotho Bank’s acting head of marketing, Manyathela Kheleli, indicated that the MoU is in line with the bank’s mandate of social, economic and environment development.

Kheleli said the fruit trees will help meet the recipients’ nutrition needs thereby contributing towards attainment of both food security and self-reliance.

Hot this week

Lerotholi hosts Samsung innovation programme graduation

Samsung Electronics and Lerotholi Polytechnic (LP) today celebrated a milestone in...

Concern over overcrowding in prisons

Member of Parliament for Mokhethoaneng, MokhothuMakhalanyane, is concerned about overcrowding in Lesotho’s...

Roof of Africa is back!

The Roof of Africa Hard Enduro Championship returns from...

Coach helps people communicate with confidence

Public speaking coach, Mantharetso Masiea, is on a mission...

Tšenola woman fined for hurling insults at villagers

Tensions ran high this week as a 51-year-old Tšenola...

Topics

Lerotholi hosts Samsung innovation programme graduation

Samsung Electronics and Lerotholi Polytechnic (LP) today celebrated a milestone in...

Concern over overcrowding in prisons

Member of Parliament for Mokhethoaneng, MokhothuMakhalanyane, is concerned about overcrowding in Lesotho’s...

Roof of Africa is back!

The Roof of Africa Hard Enduro Championship returns from...

Coach helps people communicate with confidence

Public speaking coach, Mantharetso Masiea, is on a mission...

Tšenola woman fined for hurling insults at villagers

Tensions ran high this week as a 51-year-old Tšenola...

MPs lag behind in asset declaration – DCEO

The Director-General of the Directorate of Corruption and Economic...

D-Day for foreign-owned businesses

Local business owners and associations are doubtful that the...

M1.8 billion road to misery

The construction of the M1.8 billion Mpiti to Sehlabathebe...
spot_imgspot_imgspot_imgspot_img

Related Articles

Popular Categories

spot_imgspot_imgspot_imgspot_img
0
Would love your thoughts, please comment.x
()
x