Informing on business and economy news in Lesotho

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AGP Executive Report

Last update: 3 hours ago

HIV Supply Crunch: In Eswatini, demand for the twice-yearly HIV prevention injection lenacapavir is outpacing stocks, with clinics reporting near-depleted supplies after rapid uptake—raising fears of missed prevention for vulnerable communities. Vodacom Momentum: Vodacom says it has lifted its long-term customer target to 275 million by 2030 after adding 26 million customers to reach 237.3 million, with financial services and fintech driving earnings growth; Lesotho is cited among markets performing strongly. Lesotho Power Disruptions: Heavy rains and snow have damaged Lesotho’s electricity infrastructure, leaving areas without power as LEC assesses transformer and transmission pole losses and works to restore supply. Food–Fertiliser Shock: Across the region, farmers brace for a food crisis as fertilizer flows are disrupted, with Malawi warning that availability—not just price—could hit small markets hardest. Regional Tensions: South Africa’s xenophobia flare-up continues to spill over, with Ghana announcing plans to evacuate 300 citizens from SA amid safety concerns. Local Business & Growth: Lesotho pushes tourism at Durban Indaba, highlighting Afriski and winter events as it eyes higher arrivals. Fintech Expansion: Araxi shareholders back its acquisition of an 80% stake in Pay@, approved by competition authorities, setting up a bigger payments push across Southern Africa including Lesotho.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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South Africa: Vodacom lifts long‑term customer target as financial services grow

South Africa: Vodacom lifts long‑term customer target as financial services grow

A Framework for Breaking the Food–Climate–Water Conflict Nexus in Africa

A Framework for Breaking the Food–Climate–Water Conflict Nexus in Africa


President Cyril Ramaphosa officiates co-launch of South Africa and Lesotho Senqu Bridge, 22 Apr
Apr. 21, 2026

President Cyril Ramaphosa officiates co-launch of South Africa and Lesotho Senqu Bridge, 22 Apr

South African Government

Tortilla Market Size to Worth USD 80.03 Billion by 2035, Driven by Growing Demand for Convenient and Flavorful Meal Solutions
Jan. 30, 2026

Tortilla Market Size to Worth USD 80.03 Billion by 2035, Driven by Growing Demand for Convenient and Flavorful Meal Solutions

GlobeNewswire, Inc.

Transparency on subsidies remains central focus of SCM Committee
Apr. 30, 2026

Transparency on subsidies remains central focus of SCM Committee

World Trade Organization

Border Management Authority on law enforcement operations and festive oversight visits to Ficksburg, Maseru and Lebombo
Dec. 12, 2025

Border Management Authority on law enforcement operations and festive oversight visits to Ficksburg, Maseru and Lebombo

South African Government

Statement on the Cabinet meeting of Wednesday, 6 May 2026
May. 8, 2026

Statement on the Cabinet meeting of Wednesday, 6 May 2026

South African Government

Trade minister states Lesotho shifts away from US market
Aug. 5, 2025

Trade minister states Lesotho shifts away from US market

MENAFN

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