The board of directors of First National Bank of Lesotho last week announced the appointment of Delekazi Mokebe as chief executive of FNB Lesotho effective from 08 June 2020. Announcing the appointment, the Lesotho Board Chairperson, Ian Leyenar said, “This is a milestone decision which affirms our commitment to growing our own timber with respect to...
The purpose of local government is to provide a system under which Councils perform the functions and exercise the powers conferred by or under this Act and any other Act for the peace, order and good government of their municipal districts. Local authorities are subordinate corporations formed by acts of Parliament. Their powers and...
Lesotho’s economy relies mainly on South African Economy. This became evident during the lockdown. Lesotho’s economy is now on its knees due to the lockdown, especially due to closed borders. In this interview, local economist Majakathata Mokoena (MM) tells theReporter’s ‘Majirata Latela (ML) what the country needs to do...
The first Mosotho to be appointed in that position of Managing Director, Mpho Vumbukani, has decided to resign from standard Lesotho bank.  The news was broken on August 14 2019 by the bank which indicated that his resignation was effective from September 30 2019. The bank thanked Mpho for his lustrous career at the bank...
Veteran administrator and electrical engineer Futho Hoohlo was this month appointed Water and Sewerage Company (WASCO) chief executive officer. He is entrusted, among others, with leading the development of the water utility’s five-year corporate strategic plan and monitoring its implementation. This entails overseeing the development of costed Annual Business Plans to execute the Wasco strategy;...