Saturday, June 20, 2026
5.9 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

World Vision to launch child wellbeing strategy 

World Vision International Lesotho will officially launch its new organisational child wellbeing strategy...

CHAL to launch immunisation network

Christian Health Association (CHAL) will tomorrow launch an immunisation network in Maseru. The new...

WASCO begins new water connections

The Water and Sewerage Company (WASCO) has officially commenced new...

IEC embarks on constituency assessments 

The Independent Electoral Commission (IEC) will this week undertake...

Road Fund to take over toll gate fee collection 

The Road Fund will take over responsibility for toll...

Topics

World Vision to launch child wellbeing strategy 

World Vision International Lesotho will officially launch its new organisational child wellbeing strategy...

CHAL to launch immunisation network

Christian Health Association (CHAL) will tomorrow launch an immunisation network in Maseru. The new...

WASCO begins new water connections

The Water and Sewerage Company (WASCO) has officially commenced new...

IEC embarks on constituency assessments 

The Independent Electoral Commission (IEC) will this week undertake...

Road Fund to take over toll gate fee collection 

The Road Fund will take over responsibility for toll...

LNFOD celebrates Albinism Awareness Day  

The Lesotho National Federation of Organisations of Persons with Disabilities (LNFOD) marked...

Bank to hand over vehicle to hospice

Standard Lesotho Bank will tomorrow hand over a vehicle and...

Nedbank hosts market day

Nedbank Lesotho yesterday hosted a market day at the Maseru Mall,...
spot_imgspot_imgspot_imgspot_img

Related Articles

Popular Categories

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