Lesotho: Milling company fails to show profit to government

Lesotho’s Finance Minister, Moeketsi Majoro, has raised a red flag over the 19-year failure of the country’s largest milling company, Lesotho Flour Mills, to pay dividends to the Lesotho government, its 49% shareholder.

Last year the MNN Centre for Investigative Journalism reported that a former Lesotho Flour Mills board member had condemned the company’s inability to generate…