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Blue
Financial Services sees red over cash flow
 MASERU — Blue Financial Services,
one of Lesotho’s biggest money lenders, is facing serious
cash flow problems that have forced it to delay disbursing
loans to clients, the Lesotho Times can reveal. The South
African-owned financial institution has been struggling to
get enough money to give out loans for the past two weeks
because the [...]
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M6.9m boost for Post Bank ATM card
project
 MASERU — The Millennium
Challenge Corporation (MCC) has injected about M6.9
million in the Lesotho Post Bank (LPB)’s ATM card
based transactions project in an effort to strengthen
the bank’s market depth.
The MCC and the LPB signed the agreement in which the
bank undertook to be an agency for the ATM card based
transactions to [...]
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Standard Bank, Habitat
build house for needy family
 MASERU — The Standard Lesotho
Bank in collaboration with Habitat for Humanity
Lesotho last week helped build a house for an
underprivileged family in Rothe, Maseru.
The marketing manager of Standard Lesotho Bank,
‘Manthubane Kao told the Lesotho Times that the bank
donated M25 000 towards building a three roomed house
for eight Namane family members [...]
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