FNB reaches out to small businesses lestimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lestimes.com Daily Mail and Mail on Sunday newspapers.
Dennis Plaatjies, Chief Executive Officer, and Malefetsane Tlelima, Chief Technical and Information Officer, share the full story of Econec Telecoms Lesotho.
Muckraker could just frown Majoro General Ramanka Mokaloba told the Public Accounts Committee (PAC) that Basotho soldiers deployed in Mozambique are starving and feel neglected. Mokaloba moaned about the lack of nutritious rations. This was old news but the politicians pretended to be shocked as if this was a major revelation. ‘Mamarame Matela, that irritable […]
Big Interview Archives - Lesotho Times lestimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lestimes.com Daily Mail and Mail on Sunday newspapers.
Lesotho’s M855 million mess
MASERU – FORMER Minister Temeki Tšolo played a central role in negotiating and signing the M1.6 billion solar deal that has soured and could see Lesotho losing its international assets after violating the contract.
There are fresh details on how Tšolo committed the government to a staggering contract – without cabinet approval or following procedure – and then repeatedly ignored clear legal warnings that his decision was leading Lesotho into a monumental disaster.
Now Lesotho has lost an arbitration and three cases as Frazer Solar, the German company, goes after its international assets.
The German company is claiming M855 million from Lesotho and has been winning court cases across the world.