Lesotho: SA Company Signs Dubious Deal Over Debt Collections in Lesotho

Award of lucrative tender for collecting outstanding student debt being probed by authorities

• A South African debt collecting company has struck a deal with a Lesotho competitor over a government tender to collect debt.
• The South African company, Cabana Zenowethu, hopes to corner the market for the collection of debt from Lesotho students who default on loan repayments.
• Its rival, Lesotho-based Super Solutions, has been promised R13-million to withdraw from the battle which has been raging in…