AGP Executive Report
Last update: a day agoCentral Banking Watch: Lesotho’s Central Bank raised the Central Bank Rate by 25 basis points to 6.75% after Middle East conflict-driven fuel and shipping disruptions pushed up global energy costs and inflation risks. Wool Export Relief: Government welcomed China’s lifting of temporary wool import restrictions tied to Foot-and-Mouth Disease, saying released consignments and payments should ease pressure on Basotho farmers and traders. Waste Crisis: The Ombudsman says 80% of Lesotho’s waste is unmanaged, with illegal dumping and open burning threatening health and the environment, including dangerous healthcare waste risks. Mining Job Shock: Kao Mine/Storm Mountain Diamonds will cease operations on 30 June 2026, citing collapsing diamond prices and lab-grown competition, leaving over 800 workers facing unemployment. Agriculture & Jobs: Lesotho marked International Day of Potato, with officials linking potato sector development to commercialisation, mechanisation and agro-processing goals. Nutrition Push: Lesotho Red Cross launched a three-month nutrition messaging project targeting hard-to-reach communities and infant feeding practices. Digital Government: MICSTI says e-services rollout is progressing across ministries after validation work, aiming for more accessible citizen services.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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