Cross-Border Cheques to be Phased Out

Posted on by wademinnie | 24345 Views | 5 min read

Cross-border cheques and bank drafts within the Common Monetary Area (CMA) are being phased out with effect from 22 July 2013 and will no longer be accepted by any banking institution within the CMA. The CMA includes Namibia, South Africa, Lesotho and Swaziland. For Namibian clients it means that, as from the 22nd of July

FNB Lesotho Appoints New CEO

Posted on by wademinnie | 16965 Views | 4 min read

The FNB Lesotho Board of Directors announced the appointment of Emil Heppell to the position of Chief Executive Officer of FNB Lesotho. Heppell succeeds Trevor Holtman who left the bank at the end of a four year secondment to pursue other opportunities within the group. Heppell’s qualifications and capabilities are highly regarded by the Board