Thursday, December 19, 2024
12.8 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

Lesotho pushes for AGOA extension

Lesotho is lobbying for the renewal of the African...

Platform empowers next generation of music talent

Live Music Lab, a transformative platform for aspiring musicians,...

Setilo envisions growth in lintel business

Setilo & Sons Lintel Manufacturing founded by Tsesebe Setilo...

Vodacom All White Fashion Festival a success

The 5th edition of Vodacom Lesotho’s All White Fashion Festival...

Sea to the table delights await

Delicacy Treats is a new seafood and sushi establishment...

Topics

Lesotho pushes for AGOA extension

Lesotho is lobbying for the renewal of the African...

Platform empowers next generation of music talent

Live Music Lab, a transformative platform for aspiring musicians,...

Setilo envisions growth in lintel business

Setilo & Sons Lintel Manufacturing founded by Tsesebe Setilo...

Vodacom All White Fashion Festival a success

The 5th edition of Vodacom Lesotho’s All White Fashion Festival...

Sea to the table delights await

Delicacy Treats is a new seafood and sushi establishment...

Students plead for govt leniency

Local tertiary student leaders are pleading with government to...

Loan dispute puts friendship on trial

A 29-year-old man from Ha-Abia has taken his friend...

Govt’s conflict of interest sparks court clash

Three opposition parties have lodged an urgent application in...
spot_imgspot_imgspot_imgspot_img

Related Articles

Popular Categories

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