economy

economy

Gold Extends Losses Amid Hawkish Global Market Shift

Gold Extends Losses Amid Hawkish Global Market Shift

Africa-Press - Lesotho. Gold fell more than 2% per ounce on Monday as escalating military tensions in the Middle East fueled inflation...
Turbulence in fuel markets hitting African airlines hard

Turbulence in fuel markets hitting African airlines hard

What You Need to Know African airlines are grappling with soaring jet fuel prices, primarily due to the US-Israel conflict affecting oil supply routes. With...
China's Zero-Tariff Policy and African Economic Growth

China’s Zero-Tariff Policy and African Economic Growth

What You Need to Know Starting May 1, 2026, China will implement a zero-tariff policy for 53 African countries, significantly enhancing trade relations. This initiative...
Gold Prices See Biggest Weekly Drop since 1983

Gold Prices See Biggest Weekly Drop since 1983

Africa-Press - Lesotho. The price of gold saw the biggest weekly drop since 1983, decreasing more than 10% to below $4,500 threshold...
Cafi Entrepreneurship Hub Launches Fifth Cycle Program

Cafi Entrepreneurship Hub Launches Fifth Cycle Program

What You Need to Know The CAFI Entrepreneurship Hub has initiated its fifth cycle incubation program, selecting 60 enterprises to bolster Lesotho's private sector. This...
STRATEGY PROMOTES INDUSTRIALISATION

STRATEGY PROMOTES INDUSTRIALISATION

What You Need to Know The 2025–2030 Lesotho Country Strategy Paper aims to enhance industrialisation and economic growth through sustainable infrastructure development. Launched recently, it...
LESOTHO LAUNCHES COUNTRY STRATEGY PAPER 2025-2030

LESOTHO LAUNCHES COUNTRY STRATEGY PAPER 2025-2030

What You Need to Know Lesotho's Minister of Foreign Affairs, Mr. Lejone Mpotjoane, launched the Country Strategy Paper (CSP) 2025–2030, focusing on national development. The...
Ministry of Finance and African Development Bank Project Assessment

Ministry of Finance and African Development Bank Project Assessment

What You Need to Know The Ministry of Finance and Development Planning in Lesotho, in partnership with the African Development Bank, has organized a workshop...
WTO Seeks $5 Billion for Africa's Cotton Processing

WTO Seeks $5 Billion for Africa’s Cotton Processing

Africa-Press - Lesotho. The World Trade Organization (WTO) aims to attract US$5 billion in private investment to develop Africa’s cotton processing industry...
MINISTRY HOSTS B2B MEETINGS TO BOOST PRODUCTION AND MARKET ACCESS

MINISTRY HOSTS B2B MEETINGS TO BOOST PRODUCTION AND MARKET ACCESS

Maseru, Feb.25 – The Ministry of Trade, Industry and Business Development on Thursday hosted high-impact Business-to-Business (B2B) meetings and the Lesotho Made Products Exhibition...