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Chinese Yuan to Become Reserve Currency of Lesotho?

Chinese Yuan to Become Reserve Currency of Lesotho?

LESOTHO is among 14 eastern and southern African countries that are considering the adoption of the Chinese yuan as a reserve currency to facilitate the repayment of loans being advanced by the Asian economic giant for infrastructural developments. A team of Central Bank of Lesotho (CBL) officials recently joined their eastern and southern African counterparts […]

Lesotho Local Contractors Cry Foul Over Chinese Dominance

Lesotho Local Contractors Cry Foul Over Chinese Dominance

LOCAL contractors have ganged up to fight what they describe as the “glaring bias” which has seen major government construction tenders being awarded to Chinese companies. Two major local companies, Sigma Construction and LSP Construction penned a joint letter to parliamentary Public Accounts Committee chairman, Selibe Mochoboroane, on June 7 2018 registering their “serious concerns […]

Why Lesotho’s in Such a Mess and What Can Be Done About It

Why Lesotho’s in Such a Mess and What Can Be Done About It

In an interview following his recent return as Prime Minister of Lesotho, Tom Thabane has blamed the army for the country’s chronic political instability. Stating that his previous administration (after an election in 2012) was “scuttled” by the army, he went on to say that he now intended to neutralise the Lesotho Defence Force, even […]

Lipolelo Thabane Wife of New Lesotho Prime Minister Tom Thabane Shot Dead

Lipolelo Thabane Wife of New Lesotho Prime Minister Tom Thabane Shot Dead

The estranged wife of Lesotho’s incoming prime minister Thomas Thabane was shot dead on Wednesday night in a village in the outskirts of Maseru. Reports say Lipolelo Thabane, 58, was about to enter the gate of her home when a gunman opened fire, killing her instantly. A friend she was with was seriously injured and […]

Everything You Want to Know About the Lesotho Election

Everything You Want to Know About the Lesotho Election

LESOTHO will hold its third National Assembly elections in five years on 3 June 2017 after Prime Minister Pakalitha Mosisili’s seven-party coalition government lost a parliamentary no-confidence vote sponsored by four opposition parties on 1 March 2017. Apart from Dr Mosisili’s Democratic Congress (DC) the outgoing governing coalition consists of the Lesotho Congress for Democracy […]

President John Magufuli Wins Global Accolades… For ‘Job Well Done’ At SADC

President John Magufuli Wins Global Accolades… For ‘Job Well Done’ At SADC

President John Magufuli has won accolades from the international community for his impeccable leadership of the SADC organ on politics, defence and security cooperation, even as the Community ushers Lesotho into yet another parliamentary election, the third within five years. Representatives from international organisations operating within SADC region, and Lesotho in particular, including the United Nations […]

I’ll Emerge Victorious, Says Lesotho’s Ex-PM Tom Thabane

I’ll Emerge Victorious, Says Lesotho’s Ex-PM Tom Thabane

Lesotho’s former prime minister Tom Thabane says he is confident that he will emerge victorious in the upcoming elections. Speaking during an interview with News24 on Monday, Thabane said he expected to win at least 60 of the 80 constituencies in the mountain kingdom. “The major part of the campaign has been very successful. We […]

Botswana rocked by strongest EVER 6.8 earthquake sending tremors across Southern Africa

Botswana rocked by strongest EVER 6.8 earthquake sending tremors across Southern Africa

BOTSWANA has been rocked by what appears to be its strongest ever earthquake – just hours after South Africa was also struck. This afternoon’s earthquake has measured 6.8 on the Richter scale – a rare strong quake for Africa. It is unknown whether much damage has been caused by the quake, which occurred at around 5.40pm […]

Lesotho’s Exiled Opposition Leaders Return

Lesotho’s Exiled Opposition Leaders Return

SADC Facilitator and South African Deputy President Cyril Ramaphosa has concluded a successful working visit to Maseru where he welcomed back to the Kingdom of Lesotho three former exiled opposition political party leaders. The three leaders — former Prime Minister and leader of the All-Basotho Convention Dr. Tom Thabane, former Minister Theselle Maseribane and Keketso […]

Lesotho Exiled Former PM Tom Thabane Speaks on Eve of Return

Lesotho Exiled Former PM Tom Thabane Speaks on Eve of Return

Lesotho’s ex-prime minister Tom Thabane says he welcomes the Southern African Development Community’s (SADC) continued intervention in his country’s ongoing political crisis. Lesotho plunged into political calamity following the 2014 failed coup attempt by an army general. Thabane briefly went into exile in South Africa, but was soon back in the mountainous kingdom. He, however, […]

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