{"id":15555,"date":"2022-06-06T09:22:16","date_gmt":"2022-06-06T09:22:16","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/alliance-assists-informal-traders-with-m800k"},"modified":"2022-06-06T09:55:03","modified_gmt":"2022-06-06T09:55:03","slug":"alliance-assists-informal-traders-with-m800k","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/alliance-assists-informal-traders-with-m800k","title":{"rendered":"Alliance assists informal traders with M800k"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Lesotho. <\/strong><\/span>Alliance Insurance Company handed over a M800, 000 check to Maseru Street Vendors Association, earmarked to mitigate the impact of Coronavirus (Covid-19) pandemic on small<\/p>\n<p>businesses. Speaking at the handover ceremony on Tuesday, Alliance Insurance Group Head of Marketing and Communications \u2018Makeabetsoe Mabaleha said the check comes from savings made<\/p>\n<p>through the brand\u2019s U mang? Funeral Cover. Mabaleha said they noted with great concern the world-wide spread of the Covid-19 pandemic and the impact it has inflicted on the economy, companies and<\/p>\n<p>households. As a responsible corporate citizen, she said Alliance is committed to ensuring that they make a positive impact in the lives of Basotho and truly<\/p>\n<p>embrace their motto which is \u2018\u2019Always there for Basotho. \u2019 She mentioned that the M800, 000 will help street vendors across the country with stock capital of M400.00 each, as they will be working closely with vendors\u2019<\/p>\n<p>association committees to ensure transparency of the disbursements. Alliance also donated 4000 masks to taxi associations and the Lesotho Mounted Police Service (LMPS) as they regard them<\/p>\n<p>to be among main sectors \u2013 that are in constant interaction with multitudes of people, on a daily basis. \u201cWith this we want to help them stay protected<\/p>\n<p>against the pandemic which seems to be increasing rapidly as per the confirmed cases recorded locally,\u201d she added. Maseru Street Vendors Association Chairperson<\/p>\n<p>Molefi Paneng said Covid-19 has highly affected them, with effects intensified by the lockdown, which forced closure of businesses. \u201cStreet vendors selling<\/p>\n<p>perishable goods ended up consuming their own stock, some used capital to buy essential goods,\u201d he said. Paneng promised to work together with Alliance to ensure that all registered vendors<\/p>\n<p>are assisted. Registered members of Maseru Street Vendors Association, Khathang Tema Bait\u0161okoli Association and Mohahlaula Fruits and Vegetables Association will benefit from this donation.<\/p>\n<p>The Ministry of Small Businesses Development, Cooperatives and Marketing Deputy Principal Secretary (DPS) Rethabile Maluke commended Alliance Insurance Company<\/p>\n<p>for extending a helping hand to the street vendors especially during this difficult time of Covid-19. \u201cBasotho are indeed big supporters of Alliance hence they took such a huge step of helping the street vendors despite the<\/p>\n<p>economic slumber which has hit the entire world,\u201d she said. In 2018, Alliance Life division launched \u2018\u2018U mang?\u2019\u2019 Funeral Cover, a product named after Basotho from their various<\/p>\n<p>administrative districts with the promise that each year, Alliance will set aside a percentage of the sales from this product to invest back into the communities.<\/p>\n<p>Through this initiative Alliance Insurance Company put aside M1.5 million earmarked to help vulnerable communities affected by the Covid-19 that include among others orphanage<\/p>\n<p>home care facilities and street vendors selling perishable goods. \u201cToday with the economic challenges that come with Covid-19 and the subsequent lockdown, such a need has occurred and Alliance is here to respond to that,\u201d she said.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/lesotho\">Lesotho<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Lesotho. Alliance Insurance Company handed over a M800, 000 check to Maseru Street Vendors Association, earmarked to mitigate the impact of Coronavirus (Covid-19) pandemic on small businesses. Speaking at the handover ceremony on Tuesday, Alliance Insurance Group Head of Marketing and Communications \u2018Makeabetsoe Mabaleha said the check comes from savings made through the [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":15554,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,246,934,245],"class_list":["post-15555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-lesotho","tag-businesses","tag-lesotho"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Alliance assists informal traders with M800k - Lesotho<\/title>\n<meta name=\"description\" content=\"Alliance Insurance Company handed over a M800, 000 check to Maseru Street Vendors Association, earmarked to mitigate the ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/alliance-assists-informal-traders-with-m800k\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alliance assists informal traders with M800k\" \/>\n<meta property=\"og:description\" content=\"Alliance Insurance Company handed over a M800, 000 check to Maseru Street Vendors Association, earmarked to mitigate the ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/alliance-assists-informal-traders-with-m800k\" \/>\n<meta property=\"og:site_name\" content=\"Lesotho\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-06T09:22:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-06T09:55:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/06\/postQueueImg_20-629dcee05c7bf.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"540\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/alliance-assists-informal-traders-with-m800k#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/alliance-assists-informal-traders-with-m800k\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Alliance assists informal traders with M800k\",\"datePublished\":\"2022-06-06T09:22:16+00:00\",\"dateModified\":\"2022-06-06T09:55:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/alliance-assists-informal-traders-with-m800k\"},\"wordCount\":485,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/alliance-assists-informal-traders-with-m800k#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/06\/postQueueImg_20-629dcee05c7bf.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Lesotho\",\"businesses\",\"Lesotho\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/lesotho\/all-news\/alliance-assists-informal-traders-with-m800k#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/alliance-assists-informal-traders-with-m800k\",\"url\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/alliance-assists-informal-traders-with-m800k\",\"name\":\"Alliance assists informal traders with M800k - 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