{"id":8577,"date":"2022-01-14T11:18:20","date_gmt":"2022-01-14T11:18:20","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/buy-lesotho-attempts-to-create-solutions-for-smes"},"modified":"2022-01-14T11:37:37","modified_gmt":"2022-01-14T11:37:37","slug":"buy-lesotho-attempts-to-create-solutions-for-smes","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/buy-lesotho-attempts-to-create-solutions-for-smes","title":{"rendered":"Buy Lesotho attempts to create solutions for SMEs"},"content":{"rendered":"

Africa-Press – Lesotho. <\/strong><\/span>Buy Lesotho together with The Entrepreneurs Network (TEN) and Lesotho Chamber of Commerce (LCCI) engaged in the #EXPO 2021 themed #RebuildingTheEconomy that ran<\/p>\n

from 21-27 November 2021. The engagement of Buy Lesotho, TEN and LCCI was to join hands and create a bigger voice on their similar concerns for the Small and Medium Enterprises (SMEs) in<\/p>\n

Lesotho and observe how their collective efforts can create a larger force towards #RebuildingTheEconomy, as the theme stood for the year (2021). Buy Lesotho Chief<\/p>\n

Strategies and Communication Lebohang Mohapi stated that the purpose of the Expo was to engage cooperatives, have all industry players raise their suggestions in how they will contribute to the growth of SMEs.<\/p>\n

\u201cOur main focus as Buy Lesotho is SMEs; we want to make sure that we contribute towards the<\/p>\n

growth of small business. There was also a platform during the expo whereby we allowed executors to sell their products. It is quite interesting how much money<\/p>\n

flows through local products,\u201d he noted. He mentioned that during the panels of discussion they addressed a few topics which were cannabis industry as an economics driver, agriculture as a builder of industry,<\/p>\n

manufacturing as well as the good old access to finance. He urged potential stakeholders who see an opportunity to lend a helping hand, even for their own<\/p>\n

profitability. \u201cThe bottom line is still that there is still little to zero access to finance for Basotho start-ups; we as Buy Lesotho take it upon ourselves to be at fault, together<\/p>\n

with any other individual who has taken feasible action against. Our action plan is easy; going forward, put our best foot forward in implementing the<\/p>\n

solutions,\u201d reads the report. Buy Lesotho\u2019s strength lies in friendships with anticipation to solving every industry problem through automated blanket solution to the major problems that SMEs in Lesotho face;<\/p>\n

access to markets, access to sustainable finance, marketing and distribution. A few solutions were mentioned during the expo and in the report which were<\/p>\n

Chambers of commerce in shifting the SMEs from small time players towards big corporate. Accounting firms; as most start-up cannot afford accounting services<\/p>\n

on a regular basis. Accounting firms will help bring affordable means of engaging accounting professionals to the surface. An oversight on income as well as the implementation of financial growth based ideas in business, will help make a lot of SMEs be placed in a much better position to observe and monitor failure or growth patterns.<\/p>\n

For More News And Analysis About Lesotho<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Lesotho. Buy Lesotho together with The Entrepreneurs Network (TEN) and Lesotho Chamber of Commerce (LCCI) engaged in the #EXPO 2021 themed #RebuildingTheEconomy that ran from 21-27 November 2021. The engagement of Buy Lesotho, TEN and LCCI was to join hands and create a bigger voice on their similar concerns for the Small and […]<\/p>\n","protected":false},"author":84,"featured_media":8576,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,8,16],"tags":[233,246,245],"class_list":["post-8577","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-lesotho","tag-lesotho"],"yoast_head":"\nBuy Lesotho attempts to create solutions for SMEs - Lesotho<\/title>\n<meta name=\"description\" content=\"Buy Lesotho together with The Entrepreneurs Network (TEN) and Lesotho Chamber of Commerce (LCCI) engaged in the #EXPO 20 ...\" \/>\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\/buy-lesotho-attempts-to-create-solutions-for-smes\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Buy Lesotho attempts to create solutions for SMEs\" \/>\n<meta property=\"og:description\" content=\"Buy Lesotho together with The Entrepreneurs Network (TEN) and Lesotho Chamber of Commerce (LCCI) engaged in the #EXPO 20 ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/buy-lesotho-attempts-to-create-solutions-for-smes\" \/>\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=\"2022-01-14T11:18:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-01-14T11:37:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/01\/img-61e1606340fa5.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\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\/buy-lesotho-attempts-to-create-solutions-for-smes#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/buy-lesotho-attempts-to-create-solutions-for-smes\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Buy Lesotho attempts to create solutions for SMEs\",\"datePublished\":\"2022-01-14T11:18:20+00:00\",\"dateModified\":\"2022-01-14T11:37:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/buy-lesotho-attempts-to-create-solutions-for-smes\"},\"wordCount\":427,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/buy-lesotho-attempts-to-create-solutions-for-smes#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/01\/img-61e1606340fa5.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Lesotho\",\"Lesotho\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/lesotho\/all-news\/buy-lesotho-attempts-to-create-solutions-for-smes#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/buy-lesotho-attempts-to-create-solutions-for-smes\",\"url\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/buy-lesotho-attempts-to-create-solutions-for-smes\",\"name\":\"Buy Lesotho attempts to create solutions for SMEs - 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