The proposed project would assist in financing: (i) LNDC's foreign exchange requirements for its development finance operations through June, 1982 (US$3.7 million); (ii) the training of about six projects and accounting officers, who would be sent abroad for courses in project evaluation and ma...
THE Lesotho National Development Corporation (LNDC) and Basotho Enterprise Development Corporation (BEDCO) have forged a partnership to coordinate the initiation, promotion and development of micro, small and medium enterprises (MSMEs). The partnership was sealed by a Memorandum of Understanding (MOU) ...
The Lesotho National Development Corporation (LNDC) received its award for a large horticulture investment project that will create 15,000 direct and indirect jobs. South Africa's InvestSA was awarded for its instrumental role in facilitating two pioneering waste-to-nutrient recycling projects to up-...
In 1967 the government founded the Lesotho National Development Corporation (LNDC) to attract foreign investment. The effort succeeded but hurt "indigenous" enterprise that lacked the entrepreneurial capacity and financial resources to compete with government/foreign partnerships. Basotho workers resented ...
There were also some weaving enterprises established by the Lesotho National Development Corporation (LNDC) after independence. These weaving enterprises created employment opportunities for many Basotho, especially women. The contribution of weaving enterprises to poverty reduction, employment creation and ...
This declaration was made by Afreximbank’s head of project preparation, Zitto Alfayo, during an interview with the Lesotho Times at a recent Joint Project Preparation Facility (JPPF) workshop between the bank and the Lesotho National Development Corporation (LNDC). ...
During a recent interview, Tlohang Sekhamane, speaker of the National Assembly of Lesotho, praised China's path to modernization, and suggested that it provides valuable inspiration for the development of African countries. Sekhamane pointed out that Chines modernization has strong leadership. The ...
Half of the shares of enterprises belong to the Lesotho National Development Corporation, and the other half is controlled by foreign capital. Diamond deposits are being worked in the Kao region, with mining (16,900 carats in 1971) operations being conducted by a branch of the British-South ...
For example, China has been strongly supporting Lesotho in the infrastructure development, he said, adding that with the help of China, Lesotho has built new roads, hospitals and various projects. Since 1983, China has completed several aid projects in Lesotho, such as the Lesotho National Librar...
Established in 1978, 73, 6 percent of the company is controlled by the Lesotho National Development Corporation (LNDC). Its operations cover manufacturing, sales and distribution of clay brick products. Loti Brick has the capacity to produce over a million units of high-quality clay and limited ...