LCCI solidarity fund launched

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LCCI solidarity fund launched
LCCI solidarity fund launched

Africa-Press – Lesotho. As a way to assist businesses recover from the hard effects of the coronavirus pandemic that led to a month long national lockdown between March and April, the Lesotho Chamber of Commerce

and Industry (LCCI) on Thursday launched a solidarity fund. Speaking at the launch LCCI Secretary General Fako Hakane stated that the fund is meant to assist vulnerable

communities. “Countries of the world are grappling with containment measures as well as prevention against the spread of the infection. LCCI therefore saw it fit to establish a

solidarity fund with a view to assist vulnerable communities, in collaboration with the government,” he said. Hakane says they hope when the time comes, pledges will come quick and fast in order to propel the noble

gesture. He invited big businesses, organizations of goodwill, associations and individuals to make contributions to the fund. There are already contributions

coming into the fund. They were presented by the BAM Group of Companies Chief Executive Officer (CEO) ‘Mamashiya Ntšepeng Tšita Tikiso. Giving her remarks she

highlighted that the Lesotho business community has been hit hard by this pandemic. As a result she said the country’s already staggering economy has suffered substantially and needs serious mitigations like LCCI’s solidarity

fund. To get back to normalcy she said it is going to take time and quite an energy. Therefore she called upon all those with means to come forth and make

contributions to rescue the business. Without business she said there’s no economy driver in any country. Tikiso reiterated that there are various means through which contributions can be made besides money and all

those are welcome. Already she said there has been support from organizations and individuals. The amount that was already collected she said was M143, 910.

80 while entities contributed financial support right at the event.

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