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Lesotho country profile – Overview (BBC.com)

AllAfrica News: Lesotho All Africa, All the Time.

  • Minister Dipuo Peters On Cross Border Operations Between RSA and Lesotho
    on January 17, 2017 at 9:11 am

    [SA Govt] Following the recent conflict and violent incidents between the Cross Border Road Transport Operators and the Free State Taxi Operators at Ports of entry in Free State, the Minister of Transport, Ms Dipuo Peters will be convening a meeting with a high delegation from the Free State Province as well as other stakeholders to discuss the RSA/Lesotho Cross Border Road Transport impasse. […]

  • 2016 Eventful Year for SADC
    on December 23, 2016 at 8:28 am

    [The Herald] The curtain comes down on 2016 amid great optimism in Southern Africa over an expected improvement in food security and the dawn of the official countdown to a continental free trade zone set for 2017.Other key issues this year were that of energy demand and access, equal opportunities for women and men, protection of the region's rich resource of wildlife, plans for greater self-reliance by the Southern African Development Community (SADC), and a new SADC university. […]

Reuters: Lesotho News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.

Reuters: Top News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.

  • Lesotho GDP per capita
    by World Bank on January 16, 2017 at 4:36 pm

    The Gross Domestic Product per capita in Lesotho was last recorded at 1370.27 US dollars in 2015. The GDP per Capita in Lesotho is equivalent to 11 percent of the world's average. GDP per capita in Lesotho averaged 698.79 USD from 1960 until 2015, reaching an all time high of 1370.27 USD in 2015 and a record low of 258.07 USD in 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides the latest reported value for - Lesotho GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. […]

  • Lesotho GDP
    by Central Bank of Lesotho on January 12, 2017 at 4:29 pm

    The Gross Domestic Product (GDP) in Lesotho was worth 2.28 billion US dollars in 2015. The GDP value of Lesotho represents 0 percent of the world economy. GDP in Lesotho averaged 0.79 USD Billion from 1960 until 2015, reaching an all time high of 2.80 USD Billion in 2011 and a record low of 0.03 USD Billion in 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Lesotho GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. […]

  • Lesotho GDP per capita PPP
    by World Bank on January 9, 2017 at 5:15 pm

    The Gross Domestic Product per capita in Lesotho was last recorded at 2770.20 US dollars in 2015, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Lesotho, when adjusted by Purchasing Power Parity is equivalent to 16 percent of the world's average. GDP per capita PPP in Lesotho averaged 1993.85 USD from 1990 until 2015, reaching an all time high of 2770.20 USD in 2015 and a record low of 1365.18 USD in 1990. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Lesotho GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news. […]

  • Lesotho Interest Rate
    by Central Bank of Lesotho on January 6, 2017 at 8:24 am

    The benchmark interest rate in Lesotho was last recorded at 6.64 percent. Interest Rate in Lesotho averaged 12.54 percent from 1980 until 2016, reaching an all time high of 20.42 percent in December of 1990 and a record low of 5.18 percent in December of 2013. Lesotho’s Central Bank does not define a benchmark interest rate. The main interest rate is the 91-day Treasury bill. This page provides - Lesotho Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. […]

  • Lesotho Money Supply M2
    by Central Bank of Lesotho on January 4, 2017 at 11:41 am

    Money Supply M2 in Lesotho decreased to 10070 Million LSL in the third quarter of 2016 from 10646.60 Million LSL in the second quarter of 2016. Money Supply M2 in Lesotho averaged 5691.21 Million LSL from 2003 until 2016, reaching an all time high of 10646.60 Million LSL in the second quarter of 2016 and a record low of 2191.30 Million LSL in the first quarter of 2003. . This page provides - Lesotho Money Supply M2- actual values, historical data, forecast, chart, statistics, economic calendar and news. […]

  • Lesotho Food Inflation
    by Central Bank of Lesotho on January 4, 2017 at 11:40 am

    Cost of food in Lesotho increased 10.70 percent in September of 2016 over the same month in the previous year. Food Inflation in Lesotho averaged 7.70 percent from 2003 until 2016, reaching an all time high of 18.72 percent in January of 2003 and a record low of 0.67 percent in December of 2003. . This page provides - Lesotho Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. […]

  • Lesotho Money Supply M1
    by Central Bank of Lesotho on January 4, 2017 at 11:40 am

    Money Supply M1 in Lesotho increased to 5206 Million LSL in the second quarter of 2016 from 4927 Million LSL in the first quarter of 2016. Money Supply M1 in Lesotho averaged 3199.79 Million LSL from 2003 until 2016, reaching an all time high of 5295.30 Million LSL in the fourth quarter of 2015 and a record low of 1395.80 Million LSL in the second quarter of 2003. Money Supply M1 in Lesotho is reported by the Central Bank of Lesotho. . This page provides - Lesotho Money Supply M1- actual values, historical data, forecast, chart, statistics, economic calendar and news. […]

  • Lesotho Terrorism Index
    by Institute for Economics and Peace on January 4, 2017 at 11:40 am

    Terrorism Index in Lesotho increased to 0.89 in 2015 from 0 in 2014. Terrorism Index in Lesotho averaged 0.30 from 2002 until 2015, reaching an all time high of 1.47 in 2009 and a record low of 0 in 2003. Terrorism Index in Lesotho is reported by the Institute for Economics and Peace. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact). […]

  • Lesotho Cpi Transportation
    by Central Bank of Lesotho on January 4, 2017 at 11:40 am

    Cpi Transportation in Lesotho increased to 129.43 Index Points in November from 129.24 Index Points in October of 2016. Cpi Transportation in Lesotho averaged 113.66 Index Points from 2009 until 2016, reaching an all time high of 129.43 Index Points in November of 2016 and a record low of 93.80 Index Points in March of 2009. This page provides - Lesotho Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news. […]

  • Lesotho External Debt
    by Central Bank of Lesotho on January 4, 2017 at 11:40 am

    External Debt in Lesotho decreased to 10921.04 Million LSL in the third quarter of 2016 from 11814.68 Million LSL in the second quarter of 2016. External Debt in Lesotho averaged 6123.78 Million LSL from 2003 until 2016, reaching an all time high of 11865.50 Million LSL in the fourth quarter of 2015 and a record low of 1442.80 Million LSL in the fourth quarter of 2004. . This page provides - Lesotho External Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news. […]

  • Deposit Interest Rate in Lesotho
    by World Bank on January 4, 2017 at 11:40 am

    Deposit Interest Rate in Lesotho decreased to 2.30 percent in 2015 from 2.73 percent in 2014. Deposit Interest Rate in Lesotho averaged 7.67 percent from 1981 until 2015, reaching an all time high of 13.34 percent in 1995 and a record low of 2.30 percent in 2015. Deposit Interest Rate in Lesotho is reported by the World Bank. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Lesotho. […]

  • Lesotho Exports
    by Central Bank of Lesotho on January 4, 2017 at 11:39 am

    Exports in Lesotho decreased to 3189.67 LSL Million in the third quarter of 2016 from 3379.49 LSL Million in the second quarter of 2016. Exports in Lesotho averaged 1637.33 LSL Million from 2001 until 2016, reaching an all time high of 3379.49 LSL Million in the second quarter of 2016 and a record low of 476.79 LSL Million in the first quarter of 2001. Lesotho main exports are clothing (40 percent of total exports) and diamonds (22 percent). Others include: road vehicles, water, wool and tobacco. Main export partners are: the United States (35 percent) and South Africa (30 percent) followed by Belgium and Canada. This page provides the latest reported value for - Lesotho Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. […]

  • Lesotho Population
    by World Bank on January 4, 2017 at 11:39 am

    The total population in Lesotho was estimated at 2.1 million people in 2015, according to the latest census figures. Looking back, in the year of 1960, Lesotho had a population of 0.9 million people. The population of Lesotho represents 0.03 percent of the world´s total population which arguably means that one person in every 3185 people on the planet is a resident of Lesotho. This page provides the latest reported value for - Lesotho Population - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. […]

  • Lesotho Competitiveness Index
    by World Economic Forum on January 4, 2017 at 11:39 am

    Lesotho scored 3.57 points out of 7 on the 2016-2017 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Lesotho averaged 3.46 Points from 2007 until 2017, reaching an all time high of 3.73 Points in 2015 and a record low of 3.19 Points in 2013. Competitiveness Index in Lesotho is reported by the World Economic Forum. The most recent 2014-2015 edition of Global Competitiveness Report assesses 144 economies. The report is made up of over 110 variables, of which two thirds come from the Executive Opinion Survey representing the sample of business leaders, and one third comes from publicly available sources such as the United Nations. The variables are organized into twelve pillars with the most important including: institutions, infrastructure, macroeconomic framework, health and primary education and higher education and training. The GCI score varies between 1 and 7 scale, higher average score means higher degree of competitiveness. This page provides the latest reported value for - Lesotho Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. […]

  • Lesotho Unemployment Rate
    by Central Bank of Lesotho on January 4, 2017 at 11:39 am

    Unemployment Rate in Lesotho decreased to 25.30 percent in 2008 from 27.30 percent in 1999. Unemployment Rate in Lesotho averaged 30.63 percent from 1997 until 2008, reaching an all time high of 39.30 percent in 1997 and a record low of 25.30 percent in 2008. Unemployment Rate in Lesotho is reported by the Central Bank of Lesotho. . This page provides the latest reported value for - Lesotho Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. […]

  • Lesotho Corruption Rank
    by Transparency International on January 4, 2017 at 11:39 am

    Lesotho is the 61 least corrupt nation out of 175 countries, according to the 2015 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Lesotho averaged 73.09 from 2005 until 2015, reaching an all time high of 92 in 2008 and a record low of 55 in 2013. Corruption Rank in Lesotho is reported by the Transparency International. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Lesotho Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. […]

  • Lesotho Corporate Tax Rate
    by Commissioner of Income Tax on January 4, 2017 at 11:39 am

    The Corporate Tax Rate in Lesotho stands at 25 percent. Corporate Tax Rate in Lesotho averaged 27.50 percent from 2004 until 2015, reaching an all time high of 35 percent in 2005 and a record low of 25 percent in 2007. Corporate Tax Rate in Lesotho is reported by the Commissioner of Income Tax. In Lesotho, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Lesotho. This page provides - Lesotho Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. […]

  • Lesotho Current Account
    by Central Bank of Lesotho on January 4, 2017 at 11:39 am

    Lesotho recorded a Current Account deficit of 628.38 LSL Million in the third quarter of 2016. Current Account in Lesotho averaged -281.97 LSL Million from 2003 until 2016, reaching an all time high of 829.12 LSL Million in the second quarter of 2008 and a record low of -2059.61 LSL Million in the first quarter of 2012. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Lesotho Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. […]

  • Lesotho GDP Annual Growth Rate
    by Central Bank of Lesotho on January 4, 2017 at 11:39 am

    The Gross Domestic Product (GDP) in Lesotho expanded 3.40 percent in 2015 from the previous year. GDP Annual Growth Rate in Lesotho averaged 4.83 percent from 1961 until 2015, reaching an all time high of 26.40 percent in 1973 and a record low of -13.51 percent in 1975. GDP Annual Growth Rate in Lesotho is reported by the Central Bank of Lesotho. Lesotho is a landlocked country inside South Africa. Lesotho’s economy is dependent on diamonds extraction, exports of water to South Africa and workers remittances from the Southern African Customs Union (SACU). The agricultural sector, which accounts for only 8.6 percent of GDP, is the main source of income for the majority of rural population. Yet, in recent years, increasing foreign direct investments (mainly from China) in textile industry and commerce have created more jobs and strengthen the economy. However, widespread poverty, youth unemployment and high prevalence rate of AIDS remain the main obstacles to growth. This page provides - Lesotho GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. […]

  • Ease of Doing Business in Lesotho
    by World Bank on January 4, 2017 at 11:39 am

    Ease of Doing Business in Lesotho improved to 100 in 2016 from 112 in 2015. Ease of Doing Business in Lesotho averaged 126.67 from 2008 until 2016, reaching an all time high of 143 in 2011 and a record low of 100 in 2016. Ease of Doing Business in Lesotho is reported by the World Bank. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Lesotho. […]

  • Lesotho Current Account to GDP
    by Central Bank of Lesotho on January 4, 2017 at 11:39 am

    Lesotho recorded a Current Account deficit of 8.40 percent of the country's Gross Domestic Product in 2015. Current Account to GDP in Lesotho averaged -4.08 percent from 1975 until 2015, reaching an all time high of 14.65 percent in 1994 and a record low of -39.67 percent in 1995. Current Account to GDP in Lesotho is reported by the Central Bank of Lesotho. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Lesotho Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. […]

  • Lesotho Corruption Index
    by Transparency International on January 4, 2017 at 11:39 am

    Lesotho scored 44 points out of 100 on the 2015 Corruption Perceptions Index reported by Transparency International. Corruption Index in Lesotho averaged 38.27 Points from 2005 until 2015, reaching an all time high of 49 Points in 2013 and a record low of 32 Points in 2006. Corruption Index in Lesotho is reported by the Transparency International. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Lesotho Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. […]

  • Lesotho Inflation Rate
    by Lesotho Bureau of Statistics on January 4, 2017 at 11:39 am

    The inflation rate in Lesotho was recorded at 5.70 percent in November of 2016. Inflation Rate in Lesotho averaged 7.79 percent from 2002 until 2016, reaching an all time high of 35.14 percent in October of 2002 and a record low of 2 percent in April of 2015. In Lesotho, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Lesotho Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. […]

  • Lesotho Competitiveness Rank
    by World Economic Forum on January 4, 2017 at 11:39 am

    Lesotho is the 120 most competitive nation in the world out of 138 countries ranked in the 2016-2017 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Lesotho averaged 119.82 from 2007 until 2017, reaching an all time high of 137 in 2013 and a record low of 101 in 2007. Competitiveness Rank in Lesotho is reported by the World Economic Forum. The most recent 2014-2015 edition of Global Competitiveness Report assesses 144 economies and indicates their position relative to the other countries and territories in the index. This page provides the latest reported value for - Lesotho Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. […]

  • Lesotho Imports
    by Central Bank of Lesotho on January 4, 2017 at 11:39 am

    Imports in Lesotho decreased to -5495.28 LSL Million in the third quarter of 2016 from 5703.56 LSL Million in the second quarter of 2016. Imports in Lesotho averaged 2957.87 LSL Million from 2001 until 2016, reaching an all time high of 6261.47 LSL Million in the fourth quarter of 2015 and a record low of -6406.42 LSL Million in the first quarter of 2016. Lesotho main imports are: food, fuel, machinery and building materials. Main import partners are: South Korea, China, Taiwan, Hong Kong, United States and South Africa. This page provides the latest reported value for - Lesotho Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. […]

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  • Rwanda’s IMF PSI and SCF targeted at addressing growing external imbalances
    by Africa Business on January 15, 2017 at 5:43 pm

    As Uganda and Tanzania are reviewed by IMF Executive Board for the 7th and 5th time respectively, Rwanda is accordingly being reviewed by the Board for the Sixth time under the Policy Support Instrument (PSI) and the first review under … Continue reading &rarr […]

  • Uganda’s Economy Expected to Experience 5% Increase in Fiscal Year 2016/2017
    by Africa Business on January 15, 2017 at 5:38 pm

    Uganda’s economy has performed above expectation within unfavourable conditions. This has been discovered through a review exercised by the IMF Executive Board under the Policy Support Instrument (PSI) for Uganda. The PSI which is designed for countries that do not … Continue reading &rarr […]

  • Maputo Could Be a Mega-Ship Port
    by Harry Valentine on January 15, 2017 at 5:32 pm

    The Port of Maputo in Mozambique has excellent development potential. It is located along the east coast of Southern Africa, to the north of the Ports of Durban and Richards Bay. It is one of several ports that connect via … Continue reading &rarr […]

  • Super-Wide Rail Cars Could Boost Port Transfers
    by Harry Valentine on January 15, 2017 at 5:22 pm

    The majority of maritime ports worldwide offer the option of intermodal transfer of containers between maritime and railway transportation, and at some ports, the port railway may serve as the means by which to undertake ship-to-ship transfers of containers. Railway … Continue reading &rarr […]

  • Cross-border collaboration in West Africa to be fostered at the Regional Energy Co-operation Summit
    by Africa Business on January 15, 2017 at 5:09 pm

    Regional Energy Co-operation Summit to discuss opportunities for cross-border power projects and investments across the West African region – Côte d’Ivoire, 26-27 January 2017. Under the theme unleashing international capital to drive forward West Africa’s regional integration. The event will … Continue reading &rarr […]

  • What makes Ethiopia a must see of the planet?
    by Eden Sahle on January 15, 2017 at 4:57 pm

    Although you might have heard it countless times let us remind you about the sophistication of Ethiopia that makes the country a must see of the planet. Ethiopia is truly full of wonderful and breathtaking places that you must see … Continue reading &rarr […]

  • Critical time for Ethiopian Business Development
    by Eden Sahle on January 15, 2017 at 4:52 pm

    Ethiopia’s focus to tackle poverty once again put the country to prioritize on infrastructural development through public investments aspiring to make the country a manufacturing hub. This is expected to turn Ethiopia into a lower middle income country in the … Continue reading &rarr […]

  • Economic Growth of Tanzania Projected at 7% after 5th IMF PSI Review
    by Africa Business on January 13, 2017 at 9:07 pm

    Under the Policy Support Instrument which is designed for countries that do not need balance of payments financial support, IMF Executive Board Completes the Fifth Review of Tanzania’s economic performance under the program supported by a three-year PSI. The review … Continue reading &rarr […]

  • Marriot International Expands in Algeria with Sheraton Annaba Hotel
    by Africa Business on January 13, 2017 at 9:04 pm

    Marriot International has increased their presence in Algeria by opening its 7th hotel – Sheraton Annaba, within the country’s fourth largest city and a popular commercial hub and tourist destination. With its iconic and sophisticated design, and appealing dining options, … Continue reading &rarr […]

  • GHANA: Active Citizen Discuss “Ban on Plastics”
    by Joshua Amponsem on January 13, 2017 at 8:54 pm

    A number of active citizens from all parts of Ghana gather to discuss whether the country should place a complete ban on plastic bags. In Mid-2015, the government of Ghana intended to place a partial ban on light plastics – … Continue reading &rarr […]