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Govt debt cripples Wasco

The Water and Sewerage Company (Wasco) has blamed unpaid water bills for its inability to provide services effectively. The water utility’s main debtor is the government which – as at March 2019 – had accumulated a bill of M32.56 million. This was revealed by new Wasco chief executive officer, Futho …

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Know your rights and responsibilities as a consumer of financial products

Ever walked into a financial institution, talked to the consultant and walked out without understanding what was said? Well, this is the narrative for many consumers of financial products in the country. A consumer of financial products is anyone who uses financial products such as bank accounts or insurance policies …

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Lesotho’s economy under threat

Revered business expert, Koena Phafane, has warned of the possibility of an adverse impact on Lesotho’s economy, of the violent xenophobic attacks that have engulfed neighbouring South Africa for the past two weeks. Speaking in an interview with theReporter yesterday, Phafane indicated that any negative impact on the South African …

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UNDP empowers young entrepreneurs

The UNDP’s Entrepreneurs Network (TEN) will host three fully sponsored boot camps under the organisation’s Enhancing Youth Empowerment for Sustainable Development project (EYES) to train young women and men entrepreneurs. The boot camps will be held in Mohale’s Hoek for districts in the southern region from September 16 to 20; …

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