AGP Executive Report
Last update: 11 hours agoEnergy Projects: Lesotho has broken ground on Phase II of the China-backed Ha-Ramarothole Solar Power Project in Mafeteng, adding 50MW to take capacity to 80MW and easing reliance on electricity imports. Hydropower Progress: The Polihali Dam (LHWP Phase II) is at 50% completion, with the project still on track for reservoir impoundment in 2027/28. Trade & Enterprise Support: The Trade Ministry says the Regional Value Chains Lesotho Plus (RVCL+) programme is boosting agro-processing and light manufacturing, with 102 companies taking part in international trade fairs and 114 officials trained in trade and value-chain skills. Industrial Land & Tenants: The LNDC says it is tackling misuse of its properties and rising rent arrears (about M50 million owed), planning an operation to remove non-compliant tenants to free space for genuine investors. Regional Labour Pressure: South Africa’s anti-migrant protests are escalating, with economists warning that foreign worker departures could trigger labour shortages across construction, farming, hospitality, retail and transport—sectors that rely on hard-to-fill roles. Mining & Security Spillovers: South Africa’s Operation Prosper crackdown on illegal mining at Losberg Kloof Mine led to 217 arrests, including many Lesotho nationals, alongside weapons and ammunition seizures. Cross-border Logistics: Lesotho has scaled up repatriation from South Africa, deploying at least 40 buses to bring home Basotho fleeing unrest and seeking safer reintegration. Financial Literacy: NUL and the Central Bank of Lesotho launched a structured financial literacy programme to reduce consumer contract misunderstandings and complaints.
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.