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Lesotho

Leselihub to sell shares to Basotho

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By Kefiloe Kajane

Local billboard advertising company Leselihub is calling on all Basotho to participate in the buying of their shares, that starts at M206.67 per share.

The founder and chief executive officer of Leselihub Ntsukunyane Matete said this is an opportunity for Basotho to invest in something that is Basotho-owned and that is going to help in the boosting of the economy.

He said it is important that Africans invest in Africa as it is the fastest growing economy in the world.

“Our goal is distinctively bold and direct, which is to grow local and international brands within the market we serve. We are passionate about growing business in Lesotho. That is why we are invested heavily in platforms that help us to realise this goal. We are committed and ready to grow your and make your voice heard.

“We currently have 44 billboards in the country and our vision is to have over 200 and to also venture into South Africa,” he said. 

Investment and financial adviser Lerato Sekantṧi said the initiative that Leselihub started of selling shares to Basotho is very much needed in the country.

Sekantṧ said Basotho now have a chance to be investors themselves instead of going out there to find investors.

She also pointed that Basotho will that will buy the shares will have an opportunity to yield income through dividends, which means they will become their own bosses as a results.

“The shares that are sold here are ordinary shares and they will benefit Basotho very much. Let us know that buying shares it is a long term investment; it is not a get rich quick scheme. I know many Basotho invested in all those schemes that came in recent years, that left you without money.

“It is our chance to learn business and to be business savvy. This will be a generational wealth for many households in the country. The offer will end on February 1 2022,” Sekantṧi explained.

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