APO Group - Africa Newsroom / Press release | Lesotho: Central Bank of Lesotho (CBL) Urges for Money Management
Lesotho: Central Bank of Lesotho (CBL) Urges for Money Management
Source: africa-newsroom.com
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Sinking in massive debt - The Post
MASERU – THE Covid-19 pandemic, reckless borrowing and conspicuous consumption have left thousands of workers drowning in debt, says the Central Bank of Lesotho (CBL). The CBL called an indaba last week to discuss Lesotho’s household indebtedness, which it said had reached alarming levels. The bank said some families are continually trapped in debt and […]
Source: thepost.co.ls
CBL governor warns consumers to brace for tough times ahead
Tokelo Khausela
Source: sundayexpress.co.ls
Lesotho Central Bank raises interest rates by 25 basis points - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.
The Central Bank of Lesotho in its 99th Monetary Policy Committee has resolved to revise downwards the Current Net international Reserve Target Flow of 650 million to 640 million US Dollars.
Source: sabcnews.com
CBL tackles public indebtedness
Bereng Mpaki FINANCIAL institutions can now vet their clients’ credit worthiness before approving their loan applications to stem the high levels of indebtedness. This after the launch of the Financial Consumer Protection Act, 2022 this week. It was enacted last month. Speaking during the launch, Central Bank of Lesotho (CBL) Governor, Maluke Letete, said
Source: lestimes.com