AGP Executive Report
Last update: 4 hours agoLesotho Asset Oversight: The Lesotho National Development Corporation says it is owed about M50 million in unpaid rent and is planning an operation to remove tenants it says are misusing its properties, aiming to improve revenue collection and unlock space for genuine industrial investors. Hydropower Progress: The Polihali Dam under LHWP Phase II has reached 50% completion, with rockfill and concrete works advancing and the project still targeting reservoir impoundment in the 2027/2028 rainy season. Cross-border Labour Pressure: South Africa’s clothing sector is under strain after raids and xenophobic violence drove immigrant workers away, with KwaZulu-Natal CMT factories warning of collapse if labour shortages persist. Mining Crackdowns: In Gauteng, Operation Prosper led to the arrest of 217 suspected illegal miners at Losberg Kloof Mine, including more than 100 Lesotho nationals, alongside weapons and contraband seizures. Digital Payments (Regional): BanffPay in Liberia secured a Central Bank licence to launch a unified Pay-In/Pay-Out API, signalling more cross-border fintech integration across Africa. Road Safety Policy: Lesotho’s Ministry of Finance is seeking public input on a new Motor Vehicle Accident Fund Policy to modernise compensation for road crash victims. Public Accountability: Lesotho launched a three-day Accountability Summit in Maseru to speed up passport processing and push tighter monitoring of service delivery.
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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