Econo Foods poised for growth: Soares Econo Foods poised for growth: Soares
BUSINESSMAN Kenny Soares, who runs Econo Foods Lesotho, epitomises the importance of hard work and perseverance. From selling sweets in his school days, he now runs the thriving multi-million maloti meat wholesale business. Econo Foods has become a giant in the meat industry, the just rewards for determination.
Mr Soares recently sat down with the Lesotho Times
(LT) to discuss the business, his life and outlook going forward. Below are excerpts of the interview.
LT:
Who is Kenny, give us a brief background about yourself?
Mr Soares: I was born and bred in Lesotho. I was born in 1974, which makes me 47 this year. I attended primary school at Maseru Prep and proceeded to Machabeng High School. From there, I went to St Stephen’s High School, where I did my Form E. From there I went to Johannesburg to study interior decorating and design, which I never finished because my heart and mind we
I want to handover to a Mosotho – Standard Bank CEO I want to handover to a Mosotho – Standard Bank CEO
TWO months ago, Standard Lesotho Bank (SLB) appointed Anton Nicolaisen its new chief executive officer. Mr Nicolaisen came in to fill the void left by Kenrick Cockerill, who died on 20 October 2020. The
Lesotho Times’(
LT) this week sat down with
Mr Nicolaisen to hear his thoughts on his appointment so far. In the interview, he shares his profound admiration for the transition that the Standard Bank Group is going through, the digitisation processes that SLB is going through as well as his dream for the bank in Lesotho. Below are the excerpts of the interview.
ABC split “worries” SADC leaders ABC split “worries” SADC leaders
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Pascalinah Kabi
PRIME Minister Moeketsi Majoro and Deputy Prime Minister Mathibeli Mokhothu have reassured “worried” Southern African Development Community (SADC) leaders that their government remains stable and will last its full tenure despite the split in the All Basotho Convention (ABC).
This was said by the prime minister’s press attaché, Buta Moseme, in an interview with the
Lesotho Times yesterday.
Mr Moseme was speaking in the aftermath of this week’s visit by South African President Cyril Ramaphosa’s special envoy, Jeff Radebe.
Mr Radebe was accompanied by South African Deputy Minister of International Relations and Cooperation, Candith Mashego-Dlamini, and Deputy Minister of State Security, Zizi Kodwa. The trio jetted into the country on Monday and left the following day after holding separate closed-door meetings with His Majesty King Letsie III, Dr Majoro, Mr Mokho
I never supported Mahao: Hlaele I never supported Mahao: Hlaele
Herbert Moyo/ Silence Charumbira
ALL Basotho Convention (ABC) secretary general, Lebohang Hlaele, says he never supported Nqosa Mahao’s election as deputy party leader.
Mr Hlaele said he and other ABC national executive committee (NEC) members were opposed to Prof Mahao’s election “from the word go” and only rallied behind him “on principle” after ABC leader and former Prime Minister Thomas Thabane attempted to oust him. Any such ouster would have been in defiance of the majority of ABC members’ decision to elect Prof Mahao to the second most powerful party job.
BAP MPs ready to cross the floor BAP MPs ready to cross the floor
Pascalinah Kabi
LEGISLATORS who dumped the ruling All Basotho Convention (ABC) to form the Basotho Action Party (BAP) are expected to cross to the opposition benches in parliament today.
One of the legislators, Motlatsi Maqelepo of the Berea constituency, yesterday told the
Lesotho Times that BAP which is led by the former ABC deputy leader, Nqosa Mahao, would cross over to the opposition side today.
Mr Maqelepo said the party, which was formed last Tuesday, had registered with the Law Office and it was now left with completing the registration process with the Independent Electoral Commission (IEC).