Top Listings

Make sure to check out these listings

  • Lesotho Freight and Bus Service Corporation

    Lesotho Freight and Bus Service Corporation

    • +26622400583
    • View Company
  • G4S Security Services - Lesotho

    G4S Security Services - Lesotho

    • +26622247200
    • www.ls.g4s.com
  • Lesotho Agric College

    Lesotho Agric College

    • +26622322484
    • View Company

Categories

Check out our categories

News

Stay updated with the news

Tue, 14 Mar 2017
African CEOs to meet in Geneva to discuss investment in Africa...

Africa CEO Forum will look at revitalising investment flows into the continent and comes at a time when commodity prices are showing signs of recovery

About 20 South African CEOs are expected to attend the Africa CEO Forum, which, is taking place in Geneva, Switzerland, later in March.

The fifth edition of the forum is due to focus on international investments in Africa. It is running from March 20–21.

The forum will look at revitalising investment flows into Africa and comes when commodity prices are showing signs of recovery.

The forum is expected to host 1,000 key decision makers in industry, finance and politics from across the globe.

Some of the local CEOs expected to attend include:

João Miguel Santos, MD of the Boeing Company in sub-Saharan Africa; Thomas Couteaudier, CEO for West and southern Africa at Louis Dreyfus Company; Siyabonga Gama, group CEO of Transnet; Manuel Mota, CEO of Mota-Engil Africa; Ramesh Moochikal, president and regional head of Olam International in South and East Africa Kelvin Balogun, president of Coca-Cola southern and eastern Africa; Mvuleni Geoffrey Qhena, CEO of the Industrial Development Corporation (IDC); Farid Masood, CEO of Kansai Plascon Africa; Andrew Darfoor, group CEO of Alexander Forbes; Fabrice Ndjodo, MD of Tana Africa Capital; and Cleopas Sanangura, CEO of Thamani Technology and Systems.

Senagalese President Macky Sall and Ethiopian Prime Minister Hailemariam Desalegn are also due to attend.

https://www.businesslive.co.za/bd/business-and-economy/2017-03-07-african-ceos-to-meet-in-geneva-to-discuss-investment-in-africa/

Read More
Mon, 13 Mar 2017
EXCLUSIVE: Lesotho not ready for elections, says former PM Thabane...

Lesotho’s former prime minister Tom Thabane says the mountainous kingdom is not ready for elections, citing security concerns.

Thabane’s remarks came after the country’s King Letsie moved to dissolve parliament this week after Prime Minister Pakalitha Mosisili, who is also the leader of the Democratic Congress (DC) party lost a confidence vote. This, consequently, paved was for an election within three months.

Mosisili had headed a coalition government since a snap election in 2015 that was called in an effort to end the country’s prolonged power struggles.

But the coalition recently became fragmented, and parliament voted in favour of Monyane Moleleki to replace Mosisili. Moleleki’s Alliance of Democrats (AD) party split from the DC last year.

He, however, said that his party, the All Basotho Convention (ABC), was ready to contest the election.

Thabane said that the ABC together with other opposition parties were going to take the election exercise “very maturely”, and would tell the electorate about the outgoing prime minister’s abuse of office.

Thabane recently returned home with two other opposition leaders, vowing to win back power.

Taking a swipe at Mosisili, Thabane said if only the constitutional processes had been allowed to take place, a new majority party would have emerged in parliament.

He accused Mosisili of having failed to implement the resolutions that were taken by the regional bloc, the Southern African Development Community (SADC) task team.

“The biggest failure by the outgoing prime minister was ignoring the SADC calls for reforms in the military, particularly its involvement on issues of civilian politics,” he said.

Thabane said he was going to meet with the king on Thursday afternoon to discuss “some important issues” affecting the country.

http://www.news24.com/Africa/News/exclusive-lesotho-not-ready-for-elections-says-former-pm-thabane-20170309

Read More
Mon, 06 Feb 2017
Clock Ticks For Migrants With Special Permits

Companies and individuals who employ foreigners because they think they can get away with paying lower wages and extracting longer working hours are partly to blame for the end of special permits.

Applications for Lesotho special permits closed at the end of December, and are valid until the end of 2019. Zimbabwe special permits expire at the end of this year – those who want to work in South Africa after that have to apply for a standard work visa, for which the bar to qualify is high.

The expiry date for special permits was announced by Home Affairs Minister Malusi Gigaba in 2015, and the clock is now ticking for Zimbabweans working in South Africa.

While the system was in place, 300,000 Zimbabwe special permits were issued. The 2011 census estimates there are 1.7million foreign-born residents in South Africa. This number would include those who have standard work permits, are studying, undocumented foreigners and children.

This week Gigaba said foreigners played an important role in bringing new knowledge and skills to South Africa, “but like all countries, we expect them to complement our workers, not be a substitute for them”. There was concern that many businesses did not want to hire South Africans. “In many quarters, this has led to the belief that businesses exploit migrants through lower wages and conditions, which is irresponsible, immoral and illegal,” he said.

Although foreigners legally working in South Africa can report unfair labour practices to the Commission for Conciliation, Mediation and Arbitration, they are unlikely to do so, fearing that this would place their job in jeopardy.

Gigaba met with representatives of the hospitality industry this week to discuss the issue.

Foreign workers, who have left their homes where jobs are even scarcer than in South Africa, have found work mostly in hospitality, construction, private households, agriculture and mining. In these sectors low wages and long hours are particularly prevalent.

Although not all of these employers aim to exploit, enough of them do to have made it a problem.

It’s a problem for those who have no choice – the unemployment rate in Zimbabwe could be as high as 90% – but to accept poor working conditions. It’s also a problem for South Africans who won’t accept working for such low wages and so are excluded from potential jobs.

And soon it will be a problem for companies and households who will lose staff they have come to rely on.

As the special permit system draws to a close, tens of thousands of people face returning home with no prospects. They have been the lifeblood of neighbouring economies, through the repatriation of their income to their families at home. Those funds will now simply dry up.

In an ideal world people from the 15 member states of the Southern African Development Community would migrate between countries in more or less equal numbers as they secure work across the earnings spectrum, and so contribute to the growth of the region.

But with South Africa’s GDP five to seven times higher than those of member states, the [...]

Read More

We Have An App

Be sure and check our app for more news

  • More news directly in your inbox
  • Be informed in seconds about latest products
  • Grab all cool deals & be the first

Video Adverts

Make sure to check out these video adverts