AGP Executive Report
Last update: 9 hours agoAfCFTA Push for Lesotho MSMEs: After SADC Industrialization Week in Durban, Lesotho’s micro, small and medium enterprises say they’re ready to sell “Made in Lesotho” goods across the AfCFTA’s 1.3bn market, citing new know-how on rules of origin, digital marketing and regional value chains. Food Security Shift: Humanitarian groups urged a move from emergency food aid to climate-smart farming after King Letsie III’s visit to Taita Taveta, warning that durable solutions are needed as climate impacts intensify. Cybersecurity for Industry: Government launched an interim CSIRT and a National Cybersecurity Forum to help state and business defend Lesotho’s digital systems. US Market Relief for Garments: Lesotho’s textiles, apparel and fisheries regained duty-free access to the US after Section 122 tariffs expired, easing pressure on an industry employing 30,000+ workers while AGOA renewal remains a concern. Agriculture PPP Action Plan: The agriculture ministry validated a Public Private Dialogue action plan to move farming from subsistence to commercial production, supported by the World Bank’s CAFI project. Toyota Recall Hits Region: A faulty fuel gauge in Toyota Urban Cruisers led to a recall affecting five vehicles in Lesotho, with free inspection and repairs urged. Vegetable Prices in Focus: Onion prices rose 24% while tomatoes fell 23% in South Africa’s wholesale markets feeding Maseru shelves. LEC Fraud Repayments: LEC secured commitments to repay over M3.7m tied to an alleged electricity fraud scheme.
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