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Central Bank analyses 2019

International, regional and domestic economic developments as well as financial markets conditions took centre stage at this week’s meeting of the monetary policy committee (MPC) of the Central Bank of Lesotho (CBL), which was aimed at determining the monetary policy action that is appropriate for executing the CBL’s primary mandate …

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LMDA accused of ill-treating service providers

Brazen arbitrariness and arrogance of some Lesotho Millennium Development Agency (LMDA) employees came under the spotlight when service providers related stories of malpractice before the Ombudsman in Maseru this week. LMDA is a government agency mandated to complete, oversee and manage implementation of work-in-progress of projects which were not finalized …

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Team Shanghai donates blood

With festive season fast approaching, and with it a high number of accidents and violent incidents, local social club Team Shanghai hosted a blood donation initiative last weekend to help out the Lesotho blood bank which has on numerous occasions bemoaned the shortage of blood supplies in clinics The founder …

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