AGP Executive Report
Last update: 7 hours agoHydropower & AI Deal Under Scrutiny: Lesotho signed a US$6.2bn Kobong Project deal with Convalt Energy for a hydropower plant and AI data centre, but questions are rising after the named local partner Sekhametsi Investment Consortium includes Public Works Minister Matjato Moteane as a shareholder, with calls to watch for conflict-of-interest. Inclusive Growth in Textiles: First National Bank funding of M100m is set to support two textiles firms (Vishan Clothing and Leo Garments), with expansion plans expected to create at least 1,400 jobs. Health Systems at Risk: Government plans to shut down the Health Maintenance Project Implementing Unit (HM-PIU) on 30 September, threatening clinic operations that keep water, power, sanitation and ICT running for over 1.3m Basotho. Alcohol Regulation Push: SAAPA is urging stronger liquor laws after reports of children as young as nine and 10 consuming alcohol, including calls to raise the legal drinking age. Border Trade Pressure: Footage of a damaged South Africa–Lesotho border fence is reigniting concerns about illegal crossings and informal smuggling at the crossing point. Public Safety Upgrade: Roads Directorate launched inclusive traffic lights with countdown timers and audible buzzers for visually and hearing-impaired pedestrians. Digital Transformation Milestone: Lesotho became the first African country to validate a Data Value Creation Blueprint, advancing its digital economy agenda. Consumer Alert: Woolworths’ WBeauty shampoo recall is spreading regionally after a COMESA alert, with cross-border sales to Lesotho flagged.
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