economy

economy

Oil prices up over strong US demand data, supply concerns

Oil prices up over strong US demand data, supply concerns

Africa-Press - Lesotho. Oil prices continued their upward trend on Wednesday over robust demand indicators in the US, the world's biggest oil consumer, indicating...
Oil prices up over investor profit-taking, tighter supply prospects

Oil prices up over investor profit-taking, tighter supply prospects

Africa-Press - Lesotho. Oil prices increased on Tuesday amid investor profit-taking and expectations of a tight supply-demand balance in the markets in the coming...
Lesotho committed to African free trade

Lesotho committed to African free trade

Africa-Press - Lesotho. Lesotho officially ratified the African Continental Free Trade Area (AfCFTA) in 2021, demonstrating its commitment to full implementation of the agreement....
Compact II set to generate 90 000 jobs

Compact II set to generate 90 000 jobs

Africa-Press - Lesotho. The Millennium Challenge Corporation (MCC)’s Compact II is poised to generate over 90,000 job opportunities, providing a beacon of hope for...
MSMEs Association prioritizes Basotho-owned enterprises

MSMEs Association prioritizes Basotho-owned enterprises

Africa-Press - Lesotho. To encourage and support the active involvement of Basotho-owned enterprises in all sectors of the country’s economy, the Micro, Small and...
‘Basotho businesses buckle as foreigners thrive’

‘Basotho businesses buckle as foreigners thrive’

Africa-Press - Lesotho. Micro, small, and medium enterprise owners have expressed concern over the increasing presence of foreign majority shareholders in Lesotho’s business sector,...
'Staggering number' of workers exposed to climate change-related hazards: UN labor agency

‘Staggering number’ of workers exposed to climate change-related hazards: UN labor agency

Africa-Press - Lesotho. A "staggering number" of workers worldwide are exposed to climate change-related hazards in the workplace, and the numbers will likely worsen,...
Commodity markets experience week of sharp fluctuations

Commodity markets experience week of sharp fluctuations

*Writing by Emir YildirimAfrica-Press - Lesotho. Commodity markets experienced a turbulent week of sharp fluctuations as geopolitical risks, sanctions, and uncertainties surrounding central banks...
Oil prices down as market refocus on fundamentals

Oil prices down as market refocus on fundamentals

Africa-Press - Lesotho. Oil prices retreated on Monday as global markets refocused on market fundamentals after the easing of Middle East tension.International benchmark Brent...
WB: SSA public debt declines by 57 pc

WB: SSA public debt declines by 57 pc

Africa-Press - Lesotho. TANZANIA: THE public debt in Sub-Saharan Africa is expected to decline to 57 per cent this year from 61 per cent...