AGP Executive Report
Last update: 4 hours agoAI & Youth Jobs: Lesotho’s Sebabatso ecosystem gets a boost with a new US-backed AI Skills Development Programme in Maseru, training young entrepreneurs to use e-commerce and AI tools to grow businesses and create jobs. Public Finance Accountability: Auditor-General findings show the CAFI project has spent only 41% of its revised budget, despite aiming to strengthen private-sector competitiveness and financial inclusion. Fuel Price Clarity: The Petroleum Fund moves to correct public confusion, saying it does not supply petrol but instead monitors pricing structures and the supply chain as transport fares and basic goods rise. Dairy Sector Shock: The suspension of the Lesotho National Dairy Board CEO is deepening uncertainty, with court action reportedly being prepared. Industrial Turnaround Plan: LNDC launches “Letsema” (2026–2031), targeting 50,000 net new jobs and 100 homegrown industrialists while pushing back against import dependence. Water & Rights: The Ombudsman slams LHDA over displacement and compensation failures in Polihali, citing poor consultation and broken promises. Health Funding Expansion: The US and partners expand access to lenacapavir for mother-to-child HIV prevention, aiming to reach an additional one million people. Energy Tariff Rule: A Lesotho court decision on electricity tariff increases sets expectations for audited financial statements in future tariff review applications.
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