AGP Executive Report
Last update: 6 hours agoEnergy & Power: Lesotho Highlands Development Authority seeks a consultancy for a floating solar feasibility study on Katse and Mohale reservoirs, aiming to cut electricity import dependence (about 50% of consumption) and potentially scale beyond 100MW. Water Infrastructure: Phase II of the Lesotho Highlands Water Project moves forward with the launch of a second Tunnel Boring Machine at Polihali, reinforcing regional water security and engineering capacity. Mining: Storm Mountain Diamonds will shut Kao Mine on 30 June, citing fuel-cost pressure and weak diamond prices, with hundreds of jobs at risk. Agriculture & Trade: Lesotho welcomed China’s lifting of temporary wool import restrictions, easing delays at South African ports and restarting payments to farmers. Local Governance & Roads: Semphetenyane residents in Maseru blocked roads with burning tyres over alleged poor road works, challenging claims that rehabilitation is complete. Youth & Skills: Sebabatso Youth Training was launched in Maseru, using American Corner AI tools to help trainees translate services for new markets. Environment & Health: The Ombudsman warns 80% of Lesotho’s waste is unmanaged, with healthcare waste risks highlighted. Macroeconomy: Central Bank of Lesotho raised the Central Bank Rate to 6.75% as fuel-price shocks and global uncertainty threaten inflation and reserves.
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.