{"id":64890,"date":"2025-12-03T14:04:05","date_gmt":"2025-12-03T14:04:05","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/upgraded-drans-maluti-route-catalyst-for-economic-growth"},"modified":"2025-12-03T14:22:40","modified_gmt":"2025-12-03T14:22:40","slug":"upgraded-drans-maluti-route-catalyst-for-economic-growth","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/upgraded-drans-maluti-route-catalyst-for-economic-growth","title":{"rendered":"Upgraded Drans-Maluti Route Catalyst for Economic Growth"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Lesotho. <\/strong><\/span>The development and transformation of the Drakensberg\u2013Maluti Highway is being touted as a key intervention to boost business activity and unlock economic opportunities between Lesotho and South Africa.<\/p>\n<p>This emerged during the launch of the Lesotho\u2013South Africa Business Council, a partnership between the Private Sector Foundation Lesotho (PSFL) and the Black Business Council (BBC), held in Maseru on Tuesday.<\/p>\n<p>Speaking during a panel discussion on financing trade corridors, streamlining cross-border finance and improving capital flows, the Chief Executive Officer of the Lesotho National Development Corporation (LNDC), Mr. Thabo Khasipe, said Lesotho\u2019s unique position as a country surrounded by South Africa requires it to build a more self-sustaining economy.<\/p>\n<p>He said the transformation of the Drakensberg\u2013Maluti Highway is one of the strategic steps toward achieving this.<\/p>\n<p>Mr. Khasipe noted that an upgraded highway would significantly cut both travel time and transport costs for the business community, particularly those transporting goods between Lesotho and South Africa and route to the port of Durban.<\/p>\n<p>Echoing the same sentiments, the Vice President of the Black Business Council, Mr. Gregory Mofokeng, stressed the importance of the private sector taking the lead in mobilising resources to ensure the effective implementation of initiatives aimed at activating trade corridors for the economic benefit of both countries.<\/p>\n<p>At this event, borders were explained as hubs for revenue generation and job creation which were therefore urged to be developed towards strategic cooperation for both countries on specific trade and business sectors.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Lesotho<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Lesotho. The development and transformation of the Drakensberg\u2013Maluti Highway is being touted as a key intervention to boost business activity and unlock economic opportunities between Lesotho and South Africa. This emerged during the launch of the Lesotho\u2013South Africa Business Council, a partnership between the Private Sector Foundation Lesotho (PSFL) and the Black Business [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":64889,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[245],"class_list":["post-64890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-lesotho"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Upgraded Drans-Maluti Route Catalyst for Economic Growth - Lesotho<\/title>\n<meta name=\"description\" content=\"The development and transformation of the Drakensberg\u2013Maluti Highway is being touted as a key intervention to boost busi ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/upgraded-drans-maluti-route-catalyst-for-economic-growth\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Upgraded Drans-Maluti Route Catalyst for Economic Growth\" \/>\n<meta property=\"og:description\" content=\"The development and transformation of the Drakensberg\u2013Maluti Highway is being touted as a key intervention to boost busi ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/upgraded-drans-maluti-route-catalyst-for-economic-growth\" \/>\n<meta property=\"og:site_name\" content=\"Lesotho\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-03T14:04:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-03T14:22:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2025\/12\/sm_1764759045.693221.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1732\" \/>\n\t<meta property=\"og:image:height\" content=\"1154\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/upgraded-drans-maluti-route-catalyst-for-economic-growth#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/upgraded-drans-maluti-route-catalyst-for-economic-growth\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Upgraded Drans-Maluti Route Catalyst for Economic Growth\",\"datePublished\":\"2025-12-03T14:04:05+00:00\",\"dateModified\":\"2025-12-03T14:22:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/upgraded-drans-maluti-route-catalyst-for-economic-growth\"},\"wordCount\":264,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/upgraded-drans-maluti-route-catalyst-for-economic-growth#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2025\/12\/sm_1764759045.693221.jpg\",\"keywords\":[\"Lesotho\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/lesotho\/all-news\/upgraded-drans-maluti-route-catalyst-for-economic-growth#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/upgraded-drans-maluti-route-catalyst-for-economic-growth\",\"url\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/upgraded-drans-maluti-route-catalyst-for-economic-growth\",\"name\":\"Upgraded Drans-Maluti Route Catalyst for Economic Growth - 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