Maseru, Feb. 12 — LNIG Hollard officially launched its new product, Mphatlalatsane (morning star) today at the Avani Maseru aimed specifically at bolstering Small and Medium Enterprises (SMEs) in Lesotho.
The event was attended by business leaders, and stakeholders all gathered to witness a significant stride towards empowering local businesses.
Mr. Kefuoe Ramokhele, General Manager of LNIG Hollard, spoke at the event about the findings of a pivotal study conducted in 2016, which revealed a troubling statistic that only 2 percent of SMEs in Lesotho had access to adequate insurance products.
“This glaring gap in coverage highlighted the urgent need for tailored solutions that address the unique challenges faced by small businesses in our region.
