Money&Business

Money&Business Street vendors’ COVID disbursement further delayed >> Pg 3 HEALTHYLiving Public warned against M .00 dangerous-to-human- 5 >> Pg 9 body PCBs A-Division clubs share M400k spoils News you can use >> Pg 23 THURSDAY September 3, 2020 Tel.: 266 2232 5494 | [email protected] | [email protected] | Est. 2017 WORLD BANK DECISION SETS LESOTHO ABACK >> Pg 2 You may have to fight a battle more than once to win it ~Margaret Thatcher. The Metro, Florida Industrial Park, Ha Hoohlo, Maseru. P.O.Box 14129, Maseru 100, Lesotho. Thursday, September 03, 2020 2 NEWS On This Day in North Korea and Cuba are the only places you can't History World Bank decision sets Lesotho Not buy Coca-Cola one to shy away from the public course during happy and sad moments, the Matekane Group of Companies (MGC) saw Coronavirus as another public enemy No matter where you go, it's impartiality of data and analysis. to be fought within its usual social responsibilityF drive,ast albeit this time the 1783 pandemic is a global crisis. When the company led by Chairman Sam Matekane donated 3 000 comforting to know you can face masks and 40 containers of 25litre hand “So we are conducting a systematic sanitizers worth M250 000, it was just an appetiser. The main course did not take long beforeF it landed.A A M30C millionT upgrades of Treaty of Paris signed government laboratories to enable testing of always enjoy a Coca-Cola. suspected coronavirus cases which came review and assessment of data changes in the form of equipment that would on investment gloom allow the health ministry to run a minimum of 1 000 tests Well, almost anywhere. that occurred subsequent to the per day. While this fizzy drink is sold institutional process for the last five Doing practically everywhere, it still NEO SENOKO Business reports. hasn't (officially) made its way to [email protected] “We have asked the World Bank North Korea or Cuba, according to the Group’s independent International Audit BBC. That's because these countries are under MASERU - POTENTIAL investors function to perform an audit of the long-term U.S. trade embargoes. in Lesotho will have to rely on old data processes for data collection and review However, some folks say you might be able to snag a sip of the stuff if you try hard enough to make decision about the country for Doing Business and the controls to (although it'll typically be a lot more expensive following a World Bank decision to safeguard data integrity,” the bank further than what you would pay in the other countries suspend ‘Doing Business’ report, which indicated. - and probably imported from a neighbouring collects data on indicators that can create Over the 17 years of its existence, the country such as Mexico or China). conducive environment for private sector Doing Business report has been a valued development. tool for countries seeking to measure Jargon The American Revolution officially comes to an end The World Bank Group, one of the costs of doing business. Doing Business when representatives of the United States, Great Britain, Spain and France sign the Treaty of Paris on world’s largest sources of funding and indicators and methodology are designed Buster September 3, 1783. The signing signified America’s knowledge for developing countries, has with no single country in mind, but rather Fixed Asset status as a free nation, as Britain formally recognised suspended the publication of its “Doing to help to improve the overall business the independence of its 13 former American colonies, Business” report to probe suspected data climate. and the boundaries of the new republic were agreed A tangible, long-term asset used for the business upon: Florida north to the Great Lakes and the collection irregularities regarding changes The suspension would also mean and not expected to be sold or otherwise Atlantic coast west to the Mississippi River. to figures given in previous reports. policy makers in Lesotho will not be in a converted into cash during the current or For Lesotho, the absence of the report PSFL CEO Thabo Qhesi position to make decisions with regard upcoming fiscal year is called a fixed asset. Directory will be highly detrimental towards the changes in data being used in the report to prioritising key areas to allocate Fixed assets are items like furniture, computer country’s already vulnerable investment surfaced. resources. equipment, equipment, and real estate. 1. Child Helpline: 80022345 2. Crime Hotline: 22313337 climate. “The publication of the Doing Private Sector Foundation of Lesotho 3. WASCO: 22262000 It means potential investors will have Business report will be paused as we (PSFL) Chief Executive Officer, Thabo 4. LEC: 52100000 to rely on previous data to make a decision conduct our assessment,” the World Bank Qhesi, said in an interview with Metro 5. Police Station: 22317262 about Lesotho, whereas there might be said in a statement. that the report plays a huge role towards Cracks 6. Airport: 22350777 7. MRTO: 2232 5494 improvement in some key areas. The bank further said it would potential investment in the country. 8. Ombudsman: 22316425 In the latest 2020 statistics, Lesotho conduct a systematic review of data He said the report was really Christmas train 9. Metro News Tips: 2232 5494 10. Border Control: 22325740 ranked 122 out of 190 countries with 59.4 changes in the last five Doing Business important, making an example of South points with Swaziland just a little above at reports and independent auditors Africa in the era of President Thabo A few days after Christmas, a mother was working in the kitchen listening to her son 121 with 59.5 points. Rwanda is the highest Mbeki. The country was highly ranked Essentials will probe data collection and review playing with his new electric train set in the Registration Fees ranked African country at position 39 with processes. and attracted a lot of investment at the living room. She heard the train stop and her son • Motor cycle solo with engine of cylinder in capacity 76.5 points. time but things deteriorated sharply not exceeding 350 cc will cost M100 “A number of irregularities have been yell "All you sons of bitches, who want to get off, • Motor cycle solo with engine of cylinder in excess of This report does not only collect reported regarding changes to the data during the tenure of President Jacob get the hell off now, because this is the last stop! 350 cc - M150 data on indicators that can create in Doing Business 2018 and 2020 reports Zuma, particularly with regard to labour All of you sons of bitches that are getting on, get Motor Vehicle License Fees conducive environment for private sector issues. your asses in the train cause were leaving". • Motor Vehicle License Fees motor cycle with engine published in October 2017 and 2019. The development but also for those that can changes in the data were inconsistent The World Bank has said that it The mother went in and told her son, "We don't capacity not exceeding 350 cc -M100 use that kind of language in this house." Now I • Other motor vehicles for the first vehicle - M1 000 attract Foreign Direct Investment into a will act based on the findings and will with the Doing Business methodology,” want you to go into your room for two hours. • For every additional vehicle other than a motor cycle - country. retrospectively correct the data of M500 the bank said. When you come out, you can play with your Motor vehicle, trailers and construction The World Bank is doing this after It went on to emphasise the countries that were most affected by the train, but I don't want to hear any bad language.” equipment clearance fees: alleged irregularities pertaining to the importance of the integrity and irregularities. Two hours later, the son comes out of his room • 0 - 750 kg: M150.00 and continues playing with his train. Soon the • 11,501kg and more: M1 600 train stopped and the mother heard the son say, Examination fees for roadworthy certificates: • Motor cycle not exceeding 350 cc - M200 "All passengers who are disembarking the train, • Other motor cycle, tractor or trailer - M200 please remember to take all of your belongings • Light motor vehicle - M220 Technology with you. We thank you for riding with us today • Heavy commercial vehicles - M300 and hope your ride was a pleasant one. We hope • Vehicle examiner’s prohibition for vehicle’s Un- you will ride with us again soon. For those of roadworthiness - M350 you who are just boarding the train, we ask that Certificates of fitness for passenger vehicle: Japanese company successfully tests a manned • Motor cars, 4+1, and driving - M200 you stow all of your hand luggage under the • Commercial passengers’ vehicles, if carrying capacity seat, remember there is no smoking except on does not exceed 22 passengers - M250 flying car for the first time the club car. We hope you have a pleasant and • If carrying capacity exceeds 22 but less than 60 relaxing journey with us today". passengers - M300 "For those of you who are pissed off with the two • If carrying capacity exceeds 60 passengers - M350 LAUREN M. JOHNSON hour delay, please see the bitch in the kitchen." Certificate of fitness for goods vehicles: • Where tare weight does not exceed 3,500kg - M100 • Where tare weight exceeds 3,500kg but does not A Japanese company has announced the exceed 11,00kg - M150 successful test drive of a flying car. READ • Combination of vehicles - M150 Sky Drive Inc.

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