CENTRAL BANK OF LESOTHO OPTIMISTIC ABOUT ECONOMIC TRENDS
The Governor of the Central Bank of Lesotho, Dr Emmanuel Letete, delivered a cautiously optimistic outlook on global and local economic trends. Dr Letete said IMF has maintained its global growth projections, signaling resilient economic prospects despite ongoing policy uncertainty. He attributed this to stronger-than-expected front-loading of production and exports, particularly ahead of anticipated U.S. […]
PM LAUNCHES ELECTRIFICATION PROJECT IN MOKEMA
Prime Minister Ntsokoane Matekane launched the electrification project for the Mokema community, bringing power and renewed hope to hundreds of households and public facilities in the area. Speaking at event on Friday, the Prime Minister began by directing the Minister of Education to ensure that students in Mokema receive the computers they had requested—emphasizing government’s […]
COMMUNICATIONS MINISTER PUSHES FOR INVESTMENT IN YOUTH
The Minister of Information, Communications, Science, Technology and Innovation, Ms Nthati Moorosi has emphasized the urgent need to nurture and empower young leaders as a critical step toward national development. Speaking at the Children’s Parliament, Minister Moorosi highlighted that grooming young leaders is in the best interest of the country as it cultivates a generation […]
YOUTH STATE VIEWS ON UNEMPLOYMENT
Prime Minister (PM) Ntsokoane Matekane took time out to meet and engage with the youth from different parts of the country on Wednesday at Manthabiseng Convention Centre in Maseru. The cardinal objective of the meeting was to give a platform to contribute ideas on how address the high unemployment levels and joblessness. Hundreds of youth […]
INFORMATION MINISTER OFFICIATES ACCOUNTABILITY TRAINING
The Minister of Information, Communications, Science, Technology and Innovation (MICSTI), Ms. Nthati Moorosi recently officiated the District Administrators` training on accountability. The training attended by District Administrators (DAs’) across the country was meant to empower and capacitate participants with accountability and transparency skills in their quest to deliver. Talking to participants, Ms Moorosi highlighted the […]
PM PUSHES FOR ECONOMIC INDEPENDENCE
Many African countries remain overwhelmed by the withdrawal of support on a number of the United States funded programs; due to that that Prime Minister Mr Ntsokoane Matekane says that it is time for Lesotho to be economically independent. He highlighted that Lesotho holds great potential in production fields such as agriculture which needs to […]
AFRICAN LEADERS` CALL DEBT JUSTICE
A week after African leaders called for fair financing at the 38th African Union (AU) Summit, the focus shifts to whether global lenders will act or stall. While the summit ended, Africa’s fight for debt justice and economic sovereignty continues. With bold declarations demanding debt relief as a form of reparations, African leaders placed global financial […]
PRIME MINISTER LAUNCHES UniPOD
Just a few days after budget presentation prioritising digital transformation, the Prime Minister (PM) launched UniPOD Sebopi at Lerotholi Polytechnic (LP) on Friday. The PM stated the UniPOD will unlock the great minds of youth, strive for growth and development of the country economically and otherwise. “This initiative aligns with the country’s National Strategic Development […]
CALL INVESTMENT POLICY TO PROPEL ECONOMIC GROWTH
One prominent budget analyst, Dr Ratjomose Machema says there is pressing need for a comprehensive investment policy and legal framework to bolster foreign direct investment (FDI) in Lesotho. Speaking on the alarming decline in development assistance over the years, he emphasized the critical role that a well-structured investment strategy could play in revitalizing the nation’s […]
FINANCE MINISTER PRESENTS 2025/26 BUDGET
For 2025/2026 financial year, the government projects total spending to 65 percent of Gross Domestic Product (GDP), with recurrent expenses at 48.8 percent of GDP. This was disclosed by the Minister of Finance and Development Planning Dr Rets’elisitsoe Matlanyane when presenting 2025/2026 budget estimates in Parliament on Wednesday. She said a significant development in the […]
