AGP Executive Report
Last update: 9 hours agoSACU Regional Push: Heads of SACU agreed to set up a Regional Innovative Funding Mechanism with an initial N$5 billion (from the Common Revenue Pool) to back cross-border industrial and infrastructure projects across Lesotho, South Africa, Namibia, Botswana and Eswatini, alongside a mandate to drive the “re-imagined” SACU Agenda. Cross-Border Caution for Basotho: Lesotho urged citizens in South Africa to contact embassy/satellite offices for safety or return help, with buses reportedly provided for potential repatriations as anti-immigrant marches near 30 June. Lesotho Skills for Learning: About 260 Lesotho mathematics teachers attended a two-day NUL workshop to improve teaching methods and boost learner performance. Agriculture Finance Uptake: Lesotho Post Bank’s Agricultural Financing Unit urged farmers to use the Tractors Finance Promotion, noting uptake remains low despite earlier government injections. Customs Compliance: Revenue Services Lesotho urged traders and commuters to meet customs declaration rules to protect Lesotho’s SACU revenue share, highlighting its Authorised Economic Operator programme for faster clearance. Regional Trade Signals: India said its FTA talks with Israel and the GCC are temporarily stalled due to the West Asia crisis, while talks with SACU and other blocs continue.
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