economy

economy

SALE OF FARMING INPUTS TO COMMENCE

SALE OF FARMING INPUTS TO COMMENCE

Africa-Press - Lesotho. Sale of farming inputs (seeds and fertilisers) will commence on September 22 in preparation of summer cropping in the lowlands. This was...
BRICS Grain Producers Lose $2.5B Yearly to Manipulation

BRICS Grain Producers Lose $2.5B Yearly to Manipulation

Africa-Press - Lesotho. Grain producers across BRICS nations are losing an estimated $2.5 billion annually due to market concentration and price manipulation by global...
Lab-grown diamonds robbing southern Africa of riches

Lab-grown diamonds robbing southern Africa of riches

Africa-Press - Lesotho. Botswana and southern African peers that built much of their prosperity on diamonds are scrambling for alternatives as cheaper, lab-grown stones...
Sub-Saharan Africa's Economies Face High Finance Costs

Sub-Saharan Africa’s Economies Face High Finance Costs

Africa-Press - Lesotho. Borrowing costs for governments and businesses in South Africa, Nigeria and Kenya have risen in the last five years due to...
African Nations Seek $69 Billion From IMF for Support

African Nations Seek $69 Billion From IMF for Support

Africa-Press - Lesotho. Demand from African nations for financing from the International Monetary Fund is expected to remain high, as debt burdens mount and...
STANDARD LESOTHO BANK INAUGURATES REFURBISHED BRANCH

STANDARD LESOTHO BANK INAUGURATES REFURBISHED BRANCH

Africa-Press - Lesotho. The newly rehabilitated, renovated Standard Lesotho Bank branch building was inaugurated on Saturday. The member of Parliament for Mohale’s Hoek No. 61...
Shelile Praises Growth of Youth-Owned Businesses

Shelile Praises Growth of Youth-Owned Businesses

Africa-Press - Lesotho. Maseru, Sept.12 – The Minister of Trade, Industry and Business Development, Mr. Mokhethi Shelile, conducted a site visit to six Basotho...
TRANSPORT BOARD STILL SILENT ABOUT FARES

TRANSPORT BOARD STILL SILENT ABOUT FARES

Africa-Press - Lesotho. The Road Transport Board is still tight-lipped about the new prices list for transport fares in which new prices were supposed...
Billionaire Pledges US$720M to Bridge Africa’S AI Gap

Billionaire Pledges US$720M to Bridge Africa’S AI Gap

Africa-Press - Lesotho. Zimbabwean telecoms mogul Strive Masiyiwa has committed $720 million to establishing Africa’s first network of artificial intelligence factories, aiming to address...
Saudi Arabia's Vision Invest Invests $700 Million in Africa

Saudi Arabia’s Vision Invest Invests $700 Million in Africa

Africa-Press - Lesotho. Saudi-based Vision Invest has invested $700 million in pan-African industrial developer ARISE Integrated Industrial Platforms (ARISE IIP), the company announced on...