Central bank trains journalists

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By Letuka Chafotsa and ‘Mathabana Kotelo

MASERU — The Central Bank of Lesotho (CBL) hosted a two-day workshop this week to train local journalists on business and economic reporting.

The course covered, among other subjects, essential principles of good business reporting, fundamentals of a good business story, how to explain economic terminology and concepts to ordinary citizens and resolving ethical dilemmas in reporting.

Opening the event, the former Minister of Communications, Science and Technology (now Minister of Energy, Meteorology and Water Affairs), Tseliso Mokhosi, applauded CBL for its efforts at improving financial literacy and driving towards an inclusive economy.

“Learning to report accurately on business and economic is no simple task,” Mokhosi said, adding that “warm relations between the government, media houses and financial institutions are essential.”

He commended local media houses for their unequivocal endeavour to disseminate information and keep the public abreast of happenings in and around their communities.

CBL Governor, Rets’elisitsoe Matlanyane, stressed the need for media and the central bank to work hand-in-hand to pass on information to the public, adding that CBL will strive to avail the necessary information to the media to pass on to general public.

Journalists at the workshop got practical training on creating a story around numbers and statistics, finding a human angle to a story and also sources for business and economic stories like the services sector, CBL, commodity markets and company announcements, among others.

One of the key tasks of journalists according to training facilitator Patience Rusere, is to make significant topics interesting and relevant to the readers.

She highlighted the difference between a business story and a story on an activity done by a business entity adding that the two are often confused in many business articles.

The course further emphasised the importance of business and economic reporting as a tool for promoting Lesotho and a way of attracting trade and investment opportunities from outside the countries.

The workshop was a follow-up to a similar held by CBL on the theme, “economic reporting for journalists” which took place in June.

The journalists who attended the training workshop came from print and electronic media houses in the country.

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