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Wool farmers receive long awaited payments

The Minister of Small Business Development, Cooperatives and Marketing, Chief Thesele ’Maseribane


May 7, 2021 2 min read

2 min read


WOOL and mohair farmers who did not receive payments for their fur since 2018 started getting paid this week, the Minister of Small Business Development, Cooperatives and Marketing, Chief Thesele ’Maseribane has said.

The minister told the National Assembly on Wednesday that both the ministry and the Lesotho Postbank have compiled a list of 2 710 farmers who are expected to be paid.
“However, on that list, some of the farmer's accounts are dormant while others do not have bank accounts all together,” Chief ’Maseribane said.

The farmers who do not own accounts, he said will be paid over the counter at the bank upon producing relevant documents, including their identification papers.

“We have, however, started with farmers who have bank accounts,” he told the House, adding that if there are any farmers who are left behind, there is a contingency fund that will cater for such farmers.
 


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He said the ministry has set aside a sum of M2million to finalise all the payments, adding that he still receives reports about farmers who have not been paid from 2018 to 2019.
Wool and mohair farmers handed over their products to the government from 2017, after the latter promised to sell the fur for them. LeNA

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