Lesotho

Impact of Political Uncertainty on Basotho Growth

Impact of Political Uncertainty on Basotho Growth

The third Basotho elections in five years were held on 3 June 2017, after King Letsie III dissolved the national parliament in March 2017. King Letsie III dissolved the parliament following recommendations by his then advisor, former Prime Minister Phakalitha Mosisili, who advised the King on his move after Mosisili lost a vote of no confidence.

PESA Editorial - Lesotho - 1Q2017/18

Impact of External Factors on Lesotho

Lesotho is known for its white diamond-water, which it exports to South Africa. Apart from water, the country exports garments, diamonds, wool and mohair. A significant amount of Lesotho’s imports come from South Africa. Some of the country’s exports, particularly textiles, go to North America.

PESA Editorial - Lesotho - 1Q2017/18

Impact of Slow Global Growth on Lesotho

The Kingdom of Lesotho is a Constitutional Monarchy since its independence from the United Kingdom in 1966. Since then the country has experienced several political problems and at the present moment the country facing a political stalemate.