Sunday, February 9, 2025
12 C
Lesotho

Bank, ministry sign MoU

- Advertisement -
- Advertisement -

By Neo Kolane

Eighty fruit trees were planted at Thuso E Tla Tsoa Kae Primary School in Butha Buthe on Monday, courtesy of Standard Lesotho Bank (SLB) and the ministry of forestry and land reclamation.

The ministry and the Bank also signed a three-year memorandum of understanding which saw SLB contribute M600 000 towards the ministry’s efforts to eradicate poverty by planting fruit trees.

At the event, forestry and land reclamation minister Motlohi Maliehe commended Standard Lesotho Bank for extending a helping hand at the right time when the COVID-19 pandemic is wreaking havoc on livelihoods and the national economy.

Maliehe lamented that his ministry is not adequately resourced to purchase trees.

He pleaded with other companies and organizations to emulate Standard Lesotho Bank and give back to communities.

For his part, Standard Lesotho Bank’s acting head of marketing, Manyathela Kheleli, indicated that the MoU is in line with the bank’s mandate of social, economic and environment development.

Kheleli said the fruit trees will help meet the recipients’ nutrition needs thereby contributing towards attainment of both food security and self-reliance.

- Advertisement -

Hot this week

Training for dairy farmers

The Lesotho National Dairy Board is inviting dairy farmers...

Lesotho growth steady amid uncertainty

Global growth has showed moderate progress in 2025 although...

Academy nurtures young talent

Local performing artist Rethabile Likoche wears many hats. He...

Enduring Sefako sa Menoaneng celebrates 25 years

Renowned veteran famo artist Lebohang Letṧohla, better known as...

Polihali Bargaining Forum launched 

The Polihali Bargaining Forum was officially launched yesterday at...

Topics

Training for dairy farmers

The Lesotho National Dairy Board is inviting dairy farmers...

Lesotho growth steady amid uncertainty

Global growth has showed moderate progress in 2025 although...

Academy nurtures young talent

Local performing artist Rethabile Likoche wears many hats. He...

Enduring Sefako sa Menoaneng celebrates 25 years

Renowned veteran famo artist Lebohang Letṧohla, better known as...

Polihali Bargaining Forum launched 

The Polihali Bargaining Forum was officially launched yesterday at...

Outgoing AUC chairperson hails Lesotho 

The chairperson of the African Union Commission (AUC), Moussa...

US aid freeze won’t affect availability of ARVs

Health minister, Selibe Mochoboroane has reassured the nation that...

LHDA launches bargaining forum

The Lesotho Highlands Development Authority (LHDA) will tomorrow launch...
spot_imgspot_imgspot_imgspot_img

Related Articles

Popular Categories

spot_imgspot_imgspot_imgspot_img
0
Would love your thoughts, please comment.x
()
x