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Monday 08:00 - 17:00 Tuesday 08:00 - 17:00 Wednesday 08:00 - 17:00 Thursday 08:00 - 17:00 Friday 08:00 - 17:00

Lesotho Chamber of Commerce and Industry - LCCI

Name: Lesotho Chamber of Commerce and Industry - LCCI
Address: LCCI Complex, Corner Orpen & Princess Margret Roads, Maseru, 100, LS
Telephone: +26622311066
Rating: 5

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Lesotho Chamber of Commerce and Industry - LCCI

Lesotho Chamber of Commerce and Industry - LCCI The Chamber is a national and broad based business association- open to all business activities in Lesotho.
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Lesotho Chamber of Commerce and Industry is a Non-profit organisation with the following objectives:
• To support the transformation and growth of Lesotho’s economy.
• To advocate, inform, participate and engage with policy and decision makers for reforms.
• To promote a conducive business climate in Lesotho.
• To collaborate with public sectors in formulati

ng and implementing policies that support job creation and employment of more Basotho.
• To promote economic growth of the entire business community regardless of race, s*x, creed, religion and/or privilege.
• To promote fair and competitive business practices.
• To make LCCI more relevant to its members and focus on delivering needs-directed chamber services to our members.
• To serve our members with new innovative business approaches.
• To share knowledge, experience and resources through an established network of national, regional and international contacts.
• To promote SMME, and NEW entrepreneurs’ growth and development through various initiatives and programmes
• To become a strategic vehicle for the participation of member businesses in social responsibility programmes.

16/05/2024

Fostering Patriotism, Peace and Prosperity

We proudly graced a call of invitation to support LNDC on the Nation Brand Launch Initiative.
LNDC continues to effortlessly deliver its mission and confidently share its vision with the Government of Lesotho.

13/05/2024

Inspirational Monday!
“Wearing confidence as my best outfit”
“Out here blending ambition with intuition creating not just businesses but legacies. Remember, success is only as good as the impact it leaves”.
Today Monday 13 May 2024 LCCI celebrates this beautiful day with Women in Business.
'Me' re ea le hlompha
'Me' re ea le tlotla
'Me' re ea le rata

07/05/2024

Did you know?
With your legally registered business You can become a member of LCCI from as little as M200.00 Annual Membership Subscription.

Remember the people you stand to meet here with us may include local business owners, government officials, entrepreneurs, operators and industry legends.

06/05/2024

Inspirational Monday!

Corporate Governance

The philosophy promotes transformational leadership that creates outputs of Peace (Khotso) with stakeholders and the planet, Productivity that leads to Prosperity (Nala) for all, and Intergenerational Value. The exercise of effective and ethical leadership. The outputs are: Ethical culture, Good Performance, Effective Control and Legitimacy.

Sources: Law and Regulations (particularly Companies Act), Mohlomi Code, Reporting Standards, Sustainable Standards and Practices.

23/04/2024

Expanding Enterprise Participation in the Clothing and Textile Global Value Chain
Embracing the clothing and textile global value chains offers countries numerous opportunities for economic development, technological advancement, and social progress. However, it also presents challenges such as ensuring equitable distribution of benefits, addressing environmental concerns and managing risks associated with global integration.
The ILO in collaboration with ITC held a roundtable discussion for the Business Organizations and Governmental Ministries to unpack the indepth issues of a project aimed towards improving the Clothing and Textile Sector in Lesotho.
Our members of good standing took part in these yet to be launched project and had detailed first-hand information networking sessions.

23/04/2024

The future of Mining..

22/04/2024

Inspirational Monday!

Patience, persistence and perseverance are keys to unlocking the doors of success into the world of the world of MSMEs. Concerns that, every setback is a set-up for a comeback. Let us keep pushing forward with unwavering consistency. ’sgreatestinitiative # SADP2

19/04/2024

Botho University Graduation Ceremony

To the remarkable 2024 Graduates, your hard-work and dedication has paid off. Your tireless determination and perseverance have led you to this momentous occasion. Well-done! We celebrate this auspicious day with you.

18/04/2024

TFO Canada continues to support LCCI on initiatives relevant enough to positively impact the Membership Base. The Business Development Service Provider Network, a consultancy firm based in Uganda through the Government of Canada held an e-Commerce and Digital Marketing workshop today Thursday 18 April 2024 for collectively 30 MSME's from LNDC, BEDCO and LCCI.

Technology is the new age, with a comprehensive understanding of e-commerce and Digital Marketing, entrepreneurs will be able to experience their potential clientèle 's true currency.

18/04/2024

Satiate Mom in wellness this Mother's Day with our rejuvenating brunch experience! Treat her to a day of fun, laughter and happiness. Reserve her ticket today and show her how much she means to you. Call/Whatsapp 5957 2352/6355-7972 #

15/04/2024

“The Leadership of the Chamber is birthed by its Business Population”

An entity of the Government of Canada (TFO) whose mandate is to strengthen the capacity and economics of underdeveloped countries ploughed its contributions into LCCI and its Strategic Stakeholders at the Institutional Strengthening and Leadership Alignment Workshop. The encyclopedic intent of the workshop is to assist LCCI on how to successfully attain its organizational objectives whilst fostering healthy collaborations with the local partners, building strong support for its members and promoting transparency within itself and its external associates.

28/03/2024

HAPPY EASTER

We hope that this easter be a time of renewal and rejuvenation for you and your business, and may you experience the serenity that comes from knowing you are on the right path, remember the importance of compassion, and not be ignorant of the spirit of constant rediscovery as we strive towards our goals and aspirations.

18/03/2024

Inspirational Monday!
Businesses must harness the power of ethics which is, assuming a new level of importance and power required for growth with sustainability.

The thing is, continuity of strategic direction and continuous improvement in how you do things are absolutely consistent with each other. In fact, they are mutually reinforcing.

11/03/2024

Celebrating 200 years of Unity, Love and Prosperity.

Today 11 March 2024 we honor the legacy of our Sovereign King Moshoeshoe 1 whose Diplomacy, Vision and Loyalty earned him an Exalted Position.

"Remember to celebrate milestones as you prepare for the road ahead" -Nelson Mandela-

08/03/2024

CELEBRATING INTERNATIONAL WOMEN’S DAY
“The woman power of this nation can be the power which makes us whole and heals a dying community, now so shattered by war and poverty and racism. I have great faith in the power of women who will dedicate themselves whole-heartedly to the task of making remaking our society” Coretta Scott King

29/02/2024

COMMONWEALTH PARLIAMENTARY ASSOCIATION EXPERTS MEETS LCCI

With motive to build a structured and advanced parliamentary democracy full of knowledge and understanding of democratic governance, Lesotho is embarking on a CPA (International organization of Commonwealth Parliaments and Legislatures) benchmarking exercise with the Assistance of Commonwealth Parliamentary Association experts for self-reflection to determine and improve its effectiveness in carrying out its mandate.
In order to fuel movement on this enormous exercise, LCCI as a key stakeholder was interviewed by Commonwealth representatives to get clear insights related to the functioning of Parliament of the Kindom of Lesotho.

28/02/2024

POST BUDGET SPEECH SESSION
The Chamber’s expertise and discerning insights greatly contributed to the discussions and analysis of the budgetary allocations and priorities outlined for the upcoming fiscal year.

Mr. Nthako Sekome (LCCI Associate Member) acutely represented the Chamber of Commerce in this regard. The Post Budget Speech Session offered a platform to Parliamentary Committees to delve into the intricacies of the budget, assess its implications on various sectors of the economy, and explore potential strategies for efficient resource allocation and management.

27/02/2024

TURKEY’S MARKET IS OPEN FOR FOREIGN INVESTMENT

Commercial Counsellors from Turkish Chamber of Commerce (Mr. Okur Erdogan and Ms. ilker Eralp) and the Ministry of Foreign Affairs (Ms. Reitumetse Ratjeke) paid a courtesy call to LCCI Offices with the purpose to foster Transparent Trade Collaborations and Corporations. The yet to be official MoU between these two parties acutely hopes to address all socio economic and political issues affecting both countries with motive to positively impact their country’s economic growth. Turkey’s trade market is open for Basotho foreign investors, this proves that the Turks support shared approaches and promote global collaboration. The likes of this treaties lead to the creation of various important economic blocs.

24/02/2024

LESOTHO NATIONAL CELEBRATION DAY- DOHA EXPO 2023

MSMEs are the largest contributing factor to our economy. They represent means to attain key macroeconomic objectives such as employment generation and poverty reduction at low investment cost while developing a country’s entrepreneurial capabilities and indigenous technology. LCCI will always support and encourage MSMEs to forge international Partnerships to enhance market diversity and maximize income. The Chamber believes that participating in Export Trade highlights, considerable diversity, overcomes macroeconomic tensions and improves flexibility and agility.

22/02/2024

INSTITUTIONAL STRENGTHENING

Trade Forward Facilitation Office Canada contracted Trade Smart Consultant Limited to support LCCI to develop a resource mobilization plan that aligns with the Chambers’ Strategic Plan. This Institutional Strengthening Initiative seeks to assist LCCI to attain its strategic goals, vision, mission and plan longevity. The meeting was attended by LCCI’s Management Board, LCCI District Leaders, TFO Consultants and staff members.

21/02/2024

IMPLEMENTATION OF SADC RULES OF ORIGION ON TRADE PROTOCOL

Delegate Ms. Maliengoane Mothabeng of MTS Enterprises an associate member of LCCI has been elected to represent The Chamber on the Validation Workshop on the SADC Rules of Origin Verification for Guidelines for the implementation of Annex I for the Protocol on Trade in Johannesburg, South Africa from 20-22 February 2024.

The implementation of the SADC Rules of Origin in SADC is meant to support the implementation of the Industrialization Strategy and Roadmap, especially in the development of value chains by addressing the impediments to the movement of goods across the region and reducing the cost of doing business.

20/02/2024

Here is what LCCI had to say on the key Challenges/opportunities facing Business Associations in Lesotho. And the top priority reforms needed to enhance the Public Private Collaboration in Lesotho.

1. Political dominance/influence and lack of understanding between business associations and political organization, as to how they are organized and managed.

2. Inability of business association members to also understand that difference.

Associations should be motivated by their desire to behave and be seen as neutral and prepared to work and engage any government in power and support good policies that work for business.
Political leaders must respect business associations and encourage them to unite effectively to promote economic growth for the benefits of all citizens.
Opportunities are enormous where business collaborates effectively with any government, corruption both in the Private Sector as well as in government has proved dangerously for growth of any country. Associations must try to operate above party politics by remaining and being professional at all times in dealing with officials of government.
It is imperative that we establish robust public-private working groups between government ministries and business associations. Through these working groups, we can address critical issues such as legislation, service delivery, infrastructure gaps and trade barriers. Regular meetings will ensure that solutions are found collectively.
We must also strive for increased efficiency in public spending on infrastructure, which is vital for private sector development. This includes prioritizing investments in energy, digital connectivity, road network and border posts.
Establishing an infrastructure fund financed through public-private partnerships with clear oversight mechanism will allow us to bridge financing gaps.
We must continue pursuing reforms in tax administration processes to improve Lesotho’s overall ease of doing business which will incentivize new investments and promote conducive business environment.
In conclusion, strengthening public-private dialogue and fostering purposeful collaboration and essential steps towards addressing our binding constraints enticing competitiveness, and private sector led economic growth.

Mr. F.D Hakane – LCCI
Secretary General

01/02/2024

Women Empowerment Initiatives.

Industry Export Trade Facilitators had a Meet and Greet Session with the Trade Facilitation Office Canada’s Project Consultant to prepare for the 2nd phase of TFCO’s Women led Business Initiatives.

TFOC continues to work harmoniously with the Chamber to pave way for women-led businesses in Lesotho and to award deserving international opportunities. The Chamber shall and will always give priority to its members.

Remember you can become a member of LCCI from as little as M200.00 annual subscriptions.

30/01/2024

MSME RESILIENCE FUND VALIDATION WORKSHOP

The Ministry of Trade, Industry and Business Development through the Competitiveness and Financial Inclusion Project received funding from the World Bank to support the government, by reducing the fiscal volatilities required to respond to climate shocks. This initiative will be attained through the designed, capitalization and implementation of risk financing instruments to provide support to shock-affected viable MSMEs during disasters to enable them to maintain their operations.

As a key Stakeholder, LCCI will be represented by a delegate Mr. Fako Hakane the Secretary General to speak on behalf of the Private Sector.

29/01/2024

Inspirational Monday!

CAFI seeks to strengthen the competitive of firms participating in the global textile and clothing value chain, and to accelerate the recovery of firms from the impacts of the corona virus pandemic.

The Government of Lesotho has collaborated with International Labour Organization to implement a 42 month project on Expanding Enterprise Participation in the Textile and Clothing Global Value Chain Project. In preparation of this project, LCCI has been identified as one of strategic stakeholders to form part of a team that will undertake a Backstopping Mission in Lesotho from the 29th January 2024 -2 February 2024 to stir forth the primary engagements of this project.

26/01/2024

The Chamber continues to play a pivotal role in the professional development of Botho University Graduates.

We graced an invitation to the Botho University Alumni Reunion to share valuable feedback and give testimonial experiences with their graduates. Their Reunion was an impeccable inspiration and a unique opportunity for their alumni to reconnect with their alma meter,fellow graduates and industry partners.

25/01/2024

World Trade Organization E-Commerce Moratorium on custom duties poses a threat to Cyber-Trade

The International Chamber of Commerce has invited LCCI and its members of good standing to a Global Webinar today at 14:00hours-15:30hours to discuss the E-Commerce Moratorium on Custom Duties on Electronic Transmissions. Today at the conference the Ministers of WTO will look at the impacts of the Moratorium, the potential consequences of its non-renewal, and what it would mean for doing business in the digital era. The conference discussions and conclusions will decide its fate at the 13th Ministerial Conference.

This brings fear to us as the business community because failure to renew the Moratorium would impact businesses everywhere - regardless of size, sector or location. Governments could start imposing customs formalities and duties on everything ranging from software to e-payments.

24/01/2024

Asian-African Chamber of Commerce and Industry SIGNS A MEMORANDUM OF UNDERSTANDING with Lesotho Chamber of Commerce and Industry.

The MoU BINDS the two parties to the following significant roles and responsibilities;
1. To develop a strong institutional, trade and business relations between AACCI and LCCI, in order to establish a sustainable mechanism of dialogue and platform for discussions
2. To exchange information on general economic status, taxation, investment opportunities, trade policies and legislative changes of their respective domain/region/country in order to strengthen trade, technological and industrial cooperation between respective locus.
3. To regularly exchange information/publications and materials concerning economic development, foreign trade and investment policies of their respective locus.
4. To establish effective and systematic consultation and cooperation between them particularly on the trade and investment policy developments of the domain/region/country.
5. To assist each other in organizing business delegations, and facilitating their business interest
6. Whenever possible and appropriate, to exchange information and assist each other in the organization of/participation in international fairs, exhibitions and trade promotion events to be held in their respective countries and assist and encourage their members in participating in such events.
7. To cooperate on all programs of trade and investment promotion and commercialization between respective domains.
8. To assist each other in development of a ‘Pilot Project’ in a designated area in Asia or Africa to be coordinated by Party-B with the respective governmental organ.
9. To create Joint Committee to find and select sustainable Regional or Domain Corporations, whichever is applicable.
10. Both parties have agreed to utilize each other’s office and secretarial facilities.
11. To hold regular meetings to facilitate exchange of views to review the provisions and operation of this Memorandum including implementation of this MoU in the light of experience; and to consult modifications and developments to cover specific issues, as demand appropriate.
12. Parties will share logos in collaborative programs and collaterals in order to give mileage to each other and support individual causes with mutual consent wherever applicable and a click on logo will take visitors to each other’s website.
13. There will be a dedicated page about each other on respective websites, which will help create more members for each other’s.
14. AACCI and LCCI shall exchange all relevant information and programs, in bilateral (ONE) to various parliamentary initiatives, political, economic, diplomatic, social, cultural and security in general.

22/01/2024

Motivational Monday!

The Lesotho Chamber of Commerce and Industry was invited to a working luncheon by the High Commission of Indian and his entourage.

The Purpose of the meeting was amongst other things to forge working relations with the Indian Community in Lesotho.

His Excellency Prabhat Kumar based in South Africa, Pretoria wanted to find out what investment opportunities are there for India in Lesotho. He also wanted to know, whether Lesotho can lease Agricultural Land to foreigners.

In our discussion, we proposed to His Excellency our wish to have an assembling plant of Tractors, TATA and Mahindra vehicles in Lesotho. We went on to request that we be assisted with training for our membership in various fields for instance, ICT, Hospitality, Health related issues and poultry farming.
His Excellency instructed his secretary to ensure that our requests are met and there should be a constant interaction between his office and LCCI in order to ensure that every bit of our discussions are given the attention it deserves.

LCCI was represented by the following;
1. Mr. Lerata Pekane
2. Mr. Mots’oane
3. Mrs. Ngcebo Lepholisa
4. Mr. Makara
5. Mrs. Malehakoe Khotle
6. H.E Bothata Tsikoane
7. Mr. Mphafi Lenka
8. Mr. Fako Hakane
9. Mr. Rets'elisitsoe Theko
10. Mr. Motseko

His Excellency also introduced the President and the Treasurer of the Indian Community Association in Lesotho and urged them to subscribe to the Lesotho Chamber of Commerce and Industry Membership.

04/01/2024

“MSME’s are the Heartbeat of our Neighborhood, the Spine of our Local Economy and the Spirit of our Town”. You don’t need to travel far to find bright female Leaders Thethana .

Remember you could also reap our membership benefits by contacting our line on 22311066 or use our email address at [email protected] for further inquiries.

Address

LCCI Complex, Corner Orpen & Princess Margret Roads
Maseru
100

Opening Hours

Monday	08:00 - 17:00
Tuesday	08:00 - 17:00
Wednesday	08:00 - 17:00
Thursday	08:00 - 17:00
Friday	08:00 - 17:00

Telephone

+26622311066

Website

http://www.lcci.org.ls/

Alerts

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Videos

The Ambassador of LCCI Mr. Lerata Pekane of Pekane Chartered Accountants Speaks on the Positives of the Business Conference collaborated by Business Botswana and Lesotho Chamber of Commerce

The Ambassador of LCCI Mr. Lerata Pekane of Pekane Chartered Accountants speaks on the Positives of the Business Conference collaborated by Business Botswana and Lesotho Chamber of Commerce. #promotingbusiness #promotingintratraderelations

Well-done to Tracker Lesotho / Red Eye Trackers PTY LTD on their new Intelligent Driver Monitoring Technology. Did you Know? Tracker Lesotho / Red Eye Trackers PTY LTD successfully traced and found 533 stolen vehicles in the month of July. Dial 22 327925 for your car tracking solutions. #LCCIAssociateMember #PromotingEntrepreneurshipInLesotho

#StayConnected, #StayInformed, #StayInspired with Unlimited WiFi from Our Good Member of Standing Econet Telecom Lesotho - ETL Econet Telecom Lesotho - ETL -INSPIRED TO CHANGE YOUR WORLD #lcciAssociateMember

A glimpse of a telephonic radio interview between Elelloang Lesei the Business Development Director of LCCI and radio host Sazi of Ultimate Station - Your Favorite Radio on today the 17th March 2022 at 0800am. Theme of the Interview: Upcoming Gala Dinner Event – “Why LCCI felt the need to award LCCI Corporates and Individuals who contributed towards Covid-19 relief”.

In Honor of King Moshoeshoe the First! Happy Moshoeshoe's Day.

As a precursor to the upcoming series of agricultural investment forums, Chief Gabriel Fanie Rasebotsa and Ms Fiona Zhou of the Global Investment Economist Forum came to Lesotho to do a meet and greet session with LCCI team to layout the ground work. We therefore urge Basotho farmers to be aware of these worthwhile opportunities for economic growth and take part in this privileged engagement.

As a precursor to the upcoming agricultural investment project, Chief Gabriel Fanie Rasebotsa and Mrs Fiona Zhou of the Global Economist Investment Forum sat on a meet and greet session with LCCI to layout the ground work. We therefore urge Basotho farmers to be cognizant of this worthwhile opportunity and take part in this privileged engagement.