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Lesotho has taken a significant step towards enhancing market fairness with the publication of the Competition Act, 2022. Although not promulgated, the Act seeks to regulate market dynamics effectively, ensuring fair competition and addressing the abuse of market dominanc..
The Competition Act, 2022, provides a landmark development in the Lesotho commercial landscape and it brings the Kingdom of Lesotho within touching distance of neighbouring South Africa in respect of the way business transactions are scrutinised for anti-competitive behav..
The publication of the Competition Act, 2022 marked a significant milestone in Lesotho's economic landscape. Previously, the Kingdom of Lesotho relied on common law principles to address instances of unfair competition, resulting in inadequate enforcement against anti-com..
The shortcoming of a combined summons in a summary judgement application lies in the declaration. Although the declaration filed with the summons is not fatal to the plaintiff’s cause in a summary judgement application, it is nevertheless deemed pro non scripto. The decis..
Every day unfortunate events occur. From a building that burns down to the ground, a motor vehicle accident and a customer who slips on a wet floor in a retail store. Behind these misfortunes is a negligent party wh..
Money laundering poses a significant threat to the financial system of every country, including Lesotho. To combat this illicit activity, Lesotho has implemented robust anti-money laundering (AML) laws and regulations. In this article, we will explore Lesotho's AML framew..
