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Lesotho Economy News. Service for global professionals. Constantly updated news and information about Lesotho.
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Latest Lesotho Economy News

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  • Public Information Notice:IMF Executive Board Concludes 2008 Article IV Consultation with the Kingdom of Lesotho  11 Dec 2009 21:43 GMT
    ... Article IV Consultation with the Kingdom of Lesotho Public Information Notice (PIN) No. 09/132 December ... epidemic continues to impact negatively on the economy, public service delivery, and social development, and ... to 6.7 months of imports at end-2007. Inflation has surged from 6.4 percent at end-2006 ...

  • Namibia economy weathering crisis, grow in 2010 - Fitch 11 Dec 2009 10:45 GMT
    ... well compared to its peers and the economy will rebound in 2010, Fitch said on ... an upturn and concern about long term inflation. Kalema said less in customs payments could ... union linking it with neighbours Namibia, Botswana, Lesotho and Swaziland is distributed. The region's economic ...

  • Recession now hits Africa financing 8 Dec 2009 21:54 GMT
    ... a decline in real Gross Domestic Product (GDP) by as much as five per cent ... Guinea, Madagascar, Gabon, Democratic Republic of Congo, Lesotho, South Africa and Nigeria, Kenya, Tanzania and ... remittances, portfolio flows and foreign direct investment (FDI). Besides the 10 African countries experiencing declines ...

  • Corruption's putrid stink 11 Dec 2009 06:12 GMT
    ... we are a small smell compared with Lesotho's Katse dam. There the stink has reached ... which they served would approve Lahmeyer's continued employment on the dam project. At one stage ...

  • Cashman urges SACU consensus on EPAs 10 Dec 2009 07:42 GMT
    ... being Botswana, South Africa, Namibia, Swaziland and Lesotho. He says they have listened to the ... them but they still believe South Africa economy can benefit more from the European Union ... deficit of 14 per cent of the GDP it had maintained a high level for ...

  • Country Should Focus on Services Sector - EU Ambassador 11 Dec 2009 02:34 GMT
    ... there is a higher contribution to the GDP of the services sector than in manufacturing," ... as creating jobs and growing the local economy," Hartzenberg said. Botswana, Lesotho, Namibia, Swaziland and South African belong to ...

  • Feathers fly over tarring of Sani Pass 12 Dec 2009 22:35 GMT
    ... in KwaZulu-Natal and the eastern highlands of Lesotho, has upset environmentalists, tourists, tour operators - ... way," said Suchet. Alina Sebilo, 36, an unemployed mother of five from Sekering village across ...

  • How to get attention in Copenhagen 10 Dec 2009 19:29 GMT
    ... help them afford more representatives in Copenhagen; Lesotho and Burkina Faso have teamed up with ... about climate change." 50 percent of our economy depends on agriculture - for us it is ...

  • Look East 11 Dec 2009 10:41 GMT
    ... Chinese expertise can help grow the local economy. Patel said local companies need to build on ... of the poorest countries in the world, Lesotho, in its trading bloc. By creating a ...

  • Muckraker - Nothing 'Pirate' About SW Radio Africa [opinion] 11 Dec 2009 19:16 GMT
    ... form of treachery! And how did Zambia, Lesotho, Swaziland, Tanzania, Malawi, and Mauritius get their ... in the same month. Still with the economy, while official commentators say Zimbabwe enjoys negative inflation, evidence on the ground suggests otherwise. The ...

  • SACU request revenue share increase 14 Dec 2009 07:09 GMT
    ... basis. Accordingly, the country with the biggest economy gets the largest share and in this particular ... Africa, followed by Botswana, Namibia, Swaziland and Lesotho. Thus, a countrys share is equivalent to ...

  • Recently released market study: South Africa Infrastructure Report Q4 2009 12 Dec 2009 05:57 GMT
    ... sector, the US$681mn second phase of the Lesotho highlands project was approved in December 2008. ... industry activity, reduced consumer expenditure and rising inflation and interest rates. This will also feed into ...

  • Surprising Santas help out 9 Dec 2009 09:19 GMT
    ... a non-profit that provides daytime services -- supported-employment programs, life skills, that sort of thing ... sends the proceeds to that village in Lesotho. Photos on a bulletin board catalogue some ...

  • South Africa: Attacks on shackdwellers - a failure of citizenship? 10 Dec 2009 18:03 GMT
    ... to ask whether you were born in Lesotho and whether you were South African enough to ... unilateral assertion without discussion that GEAR (Growth, Employment and Redistribution strategy) was fundamental ANC policy, ...

  • FACTBOX - Quotes from high-level part of Copenhagen climate talks 16 Dec 2009 19:32 GMT
    ... in Copenhagen December 16, 2009. (REUTERS/Ints Kalnins) LESOTHO PRIME MINISTER PAKALITHA MOSISILI, CHAIR OF LEAST ... from all developed countries, a legally binding economy-wide commitment to reduce emissions," Carlgren told delegates. ...


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