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Citizen reporter In terms of the PPP agreement, Netcare is entitled to suspend its services due to a material default by the government, which in this case was triggered by the persistent lack of payment. Picture: iStock Netcare has started handing over operations at the Queen Mamohato Memorial Hospital and its four primary care clinics in Maseru to the Lesotho Government as a result of the public private partnership (PPP) agreement being prematurely terminated, with effect from 31 August. The handover has been brought forward, however, following the ongoing nonpayment of fees due to the Tšepong consortium by the government. “The contracted monthly unitary fees owing since March total R275 million,” said Netcare chief executive Dr Richard Friedland. “This includes debt repayments due to the Development Bank of SA, staff and ....
Privatise Lesotho’s roads I received a lot of negative feedback following last week’s opinion piece. I was criticised for being a bit on the negative side by comparing Lesotho to Botswana. Some people felt that I was a bit harsh and negative and the piece left a bitter aftertaste. Well, some of our readers may be interested to know that Lesotho’s economy was actually bigger to Botswana’s economy in 1990 before democracy was introduced in Lesotho in 1993. That should tell you a thing or two about democracy. Now, the real mystery surrounds the facts on how Lesotho got left behind its peers being Botswana and eSwatini to a level where Botswana grew its economy ten times bigger to that of Lesotho. Ten times bigger! Tell me, where did we go wrong? ....
CAPE TOWN, SA / ACCESSWIRE / June 2, 2021 / WUHAN GENERAL GROUP, INC. (WUHN) ("WGG' or the "Company"), a bioceutical company focused on alternative plant-based cannabinoids and psilocybin medical research ....
Lesotho Government Supports M2Bio Sciences Blockchain Initiatives saltlakecitysun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saltlakecitysun.com Daily Mail and Mail on Sunday newspapers.
Coca-Cola Beverages Africa has set up a subsidiary in Lesotho after purchasing the soft drinks assets of the country's Maluti Mountain Breweries. related to Mergers & acquisitions, Soft drinks, Water, Coca-Cola Co, ....