business

Dec. 18, 2020

STAFF REPORTER

1 min read

CBL warns public against buying illegal shares

CBL warns public against buying illegal shares

CBL Governor Dr Retselisitsoe Matlanyane

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THE Central Bank of Lesotho (CBL) has warned the public not to buy shares in a company called Bohlale Ba Bohloa Ltd because it has not been licensed to make such sales.

According to a statement released this week by the bank, the CBL in its capacity as the Commissioner of the Financial institutions and the Registrar of Capital Markets has made the public warning after the company in question announced its intention to sell its shares to the public.

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The bank has therefore appealed to the members of the public to exercise caution with their hard earned money and desist from entering into financial agreements with unlicensed institutions.
 

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