AGP Executive Report
Last update: 6 hours agoFarm Production: Agriculture Minister Selibe Mochoboroane met farmers over delays and changing requirements in SADP II, urging them to use available funding to boost output. The government has stopped egg imports to open the market to local poultry producers. Energy & Investment: Lesotho’s announced $6.2 billion Convalt deal combines a proposed hydropower plant and AI data centre, but remains at the feasibility-study stage. Mining: Letšeng’s diamond royalty has been cut from 10% to a variable 3%–6%, as the only operating mine faces weak prices and higher fuel costs. Factories & Jobs: Power works at the stalled Ha Belo industrial estate are reportedly complete, raising hopes for 16 factories; the government says it will assess project losses. Basotho-owned Johane Industries has also opened a clothing factory at Tikoe with grant-funded machinery and LNDC premises. Transport & Construction: Lesotho plans to buy 20 Uganda-made buses, with five more pledged, while a M1.5 billion road project in Thaba-Tseka reserves 15% of work for local contractors. Food Security: The government plans food aid for 52,632 households and will buy grain from local farmers.
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.
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