Financial Insights
No Result
View All Result
  • Home
  • World
  • Opinion
  • Economy
  • Business
  • Culture
  • Politics
  • Lifestyle

    Trending Tags

    • COVID-19
    • Donald Trump
    • Pandemic
    • Bill Gates
    • Corona Virus
  • Tech
SUBSCRIBE
  • Home
  • World
  • Opinion
  • Economy
  • Business
  • Culture
  • Politics
  • Lifestyle

    Trending Tags

    • COVID-19
    • Donald Trump
    • Pandemic
    • Bill Gates
    • Corona Virus
  • Tech
No Result
View All Result
Financial Insights
No Result
View All Result
Home Opinion Economy

ZAMBIAN COMPANY, PROBASE ENTERS LESOTHO MARKET, AS FIRM FACILITATES E-PAYMENT AND E- TAXATION FOR REVENUE SERVICES LESOTHO

Probase Zambia by Probase Zambia
March 15, 2023
Reading Time: 3 mins read
0
ZAMBIAN COMPANY, PROBASE ENTERS LESOTHO MARKET, AS FIRM FACILITATES E-PAYMENT AND E- TAXATION FOR REVENUE SERVICES LESOTHO

ProBASE Limited Zambia’s leading FINTECH, the providers of integrated payment solutions, aggregation services and Bespoke Software development, has again broken barriers by providing their integrated payment gateway for the Revenue Services in the Kingdom of Lesotho.

RELATED POSTS

Naspers shuts down Foundry, its $100M fund focused on South African startups

African Development Bank and partners invest $618 million in Nigeria’s digital and creative industries

Invest Africa Visits Zambia

Pro BASE has been at the forefront providing game-changing innovations and solutions to sectors including Banking, Public sector, Telecoms, education in the region and will now facilitate online Tax Payment and Collection platforms to Revenue Services Lesotho (RSL).

The launch of the payment gateway will enhance efficiency, transparency and convenience in revenue collection processes in the Kingdom of Lesotho.

Thee-payment and e-taxation platforms which are part of the Lesotho Tax Modernization Project (LTMP) also mark yet another achievement for ProBASE in its quest to ensure that African enterprises and State- Owned Enterprises deliver services in an efficient and effective manner through the use of electronic systems.

Speaking at the launch on Monday, Lesotho Finance Minister Dr Retselisitsoe Matlanyane said the development, which is part of the African Development Bank (AfDB) funded Tax Modernisation Project will go a long way in improving efficiency and service delivery and increase value added tax compliance.

“Post COVID-19 and Lesotho facing economic shocks driven by external and internal challenges, we need to move with technology to enhance tax administration. This development is, therefore, a journey to take Lesotho to a new level in terms of tax administration,” Dr Matlanyane said.

Buy JNews
ADVERTISEMENT

She also noted that domestic resource mobilization requires improvement in tax compliance and is optimistic that the e-payment and e-taxation platforms will help to accelerate domestic resource mobilization.

And Revenue Services Lesotho Acting Commissioner General, Mrs Mathabo Mokoko said the organization in collaboration with stakeholders in the finance and economic industries are striving to improve and provide easy methods of tax payments and e-filling for their clients.

“To effectively use data, we need the right technologies such as the one launched,” Mrs Mokoko said .

ProBase Chief Operations Officer Mr. Chola Bwalya said Probase is confident that the payment platforms will benefit the kingdom of Lesotho in terms of efficient domestic resource mobilization.

“ProBASE is thrilled to be part of the journey of solutioning for Revenue Services Lesotho. As a services provider, we believe that the development will revolutionalise the way revenue collections and settlements are done. They will improve efficiency, accuracy and security and with the self-service features, we will empower tax payers with seamless platforms for payment of tax obligations in the comfort of their homes, offices, anywhere anytime,” Mr. Bwalya said.

And commenting on the development, ProBASE Chief Executive Officer Mr Roy Muyelu said the provision of e-payment and e-taxation platforms to the Revenue Services Lesotho is part of company’s strategic agenda of being the leading fintech in the region by 2026.

Mr Muyelu also said that the development actualizes the vision of the African leaders to accelerate intra- regional and African trade in goods and services.

“The launch of the Revenue Services Lesotho e-payment and e-taxation platforms, powered by a Zambian Company, Probase, therefore, demonstrates that indeed, the continent is more than capable of trading with itself,” he said.

He also called on governments and the private entities to engage African- bred entities in the provision of goods and services to effectively contribute to the economic transformation of the continent, wealth and job creation.

At the launch, RSL launched the first payment channel with Vodacom’s M-Pesa for both the APP and USSD services with Online Banking integrations underway.

Sharing is caring!

  • Facebook
  • Twitter
  • LinkedIn
ShareTweetPin
Probase Zambia

Probase Zambia

Related Posts

Naspers shuts down Foundry, its $100M fund focused on South African startups
Economy

Naspers shuts down Foundry, its $100M fund focused on South African startups

March 23, 2023
African Development Bank and partners invest $618 million in Nigeria’s digital and creative industries
Business

African Development Bank and partners invest $618 million in Nigeria’s digital and creative industries

March 23, 2023
Invest Africa Visits Zambia
Economy

Invest Africa Visits Zambia

March 22, 2023
Daily FIZ – Monday 20/03
Economy

Daily FIZ – Monday 20/03

March 20, 2023
Debt Restructuring in Ghana: The Consequences of Including Individual Bondholders in Government’s Domestic Debt Exchange Programme
Economy

Debt Restructuring in Ghana: The Consequences of Including Individual Bondholders in Government’s Domestic Debt Exchange Programme

March 19, 2023
Daily FiZ – Tuesday
Economy

Daily FiZ – Friday 17/03

March 17, 2023
Next Post
 Weekly Bond Market Diary (19th to 23rd December 2022)

Weekly Capital Market Report (27th February to 3rd March 2023)

 Weekly Bond Market Diary (19th to 23rd December 2022)

 Weekly Bond Market Diary (27th February to 3rd March 2023)

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended Stories

ZCCM-IH ; TRANSACTION ANNOUNCEMENT

November 16, 2022

ZAFFICO to declare maiden dividend for 2019 FY

March 7, 2020

The World Bank Group’s Support for Private Investment in EMDEs

July 30, 2019

Popular Stories

    About Us

    The Financial Insights of Zambia was established in 2017 as a follow up to the success of The Financial Health of Zambia’s Premier Companies blog which was birthed as an idea that would address the challenge Zambian investors had in understanding how companies within the economy created value. Armed with the annual reports of companies listed on the Lusaka Stock Exchange, we bring business analysis and valuation of these premier companies.

    What’s New Here!

    • Naspers shuts down Foundry, its $100M fund focused on South African startups
    • African Development Bank and partners invest $618 million in Nigeria’s digital and creative industries
    • Presidential Boost for the Innovators
    • Invest Africa Visits Zambia
    • Daily FIZ – Monday 20/03
    • Debt Restructuring in Ghana: The Consequences of Including Individual Bondholders in Government’s Domestic Debt Exchange Programme

    Newsletter

    Get daily news updates to your inbox!

    Subscribe to our mailing list to receives daily updates direct to your inbox!

    © 2023 - Fizambia.com - All Rights Reserved

    No Result
    View All Result
    • Home
    • Business
    • Culture
    • Economy
    • Lifestyle
    • Health
    • Travel
    • Opinion
    • Politics
    • Tech
    • World
    • Support Forum
    • Contact Us

    © 2023 - Fizambia.com - All Rights Reserved

    Are you sure want to unlock this post?
    Unlock left : 0
    Are you sure want to cancel subscription?