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Spotlight on foreign-owned manufacturers’ tax holiday

KANANELO BOLOETSE MASERU – While most Basotho-owned companies are struggling to comply with near-crippling tax obligations, some foreign-owned manufacturing firms seem to have it easy. Foreign-owned manufacturing companies, in particular textile factories, are benefiting from a raft of tax relief measures which leave them ultimately contributing a trivial proportion – around five

Fractures weaken Lesotho’s ruling party

LEKHETHO NTSUKUNYANE Tom Thabane was jeered by assembled supporters of his own party last week, in what political analysts see as a sign that his days as the Lesotho’s Prime Minister may be numbered. The rowdiness that marked the All Basotho Convention (ABC) navel-gazing “sabbatical conference” in the far southern district of