AGP Executive Report
Last update: 6 hours agoBorder & Trade Facilitation: South Africa rolled out a new digital traveller declaration system from 1 June 2026, requiring online customs declarations and Temporary Import Permits for foreign-registered vehicles, including those from SACU states like Lesotho, with SARS warning that non-declaration can trigger delays and enforcement. Energy & Infrastructure: Lesotho Highlands Development Authority is seeking consultants for a floating solar feasibility study on Katse and Mohale reservoirs, aiming to cut electricity import dependence (about half of consumption) and support scalable power beyond 100MW. Monetary Policy: The Central Bank of Lesotho raised the Central Bank Rate by 25 basis points to 6.75% as global tensions and fuel-price pressures threaten inflation and external reserves. Youth & Skills: Sebabatso Youth Training launched in Maseru, using American Corner AI tools to help trainees translate products and services for new markets, with the programme already citing job creation. Agribusiness: Lesotho marked International Day of Potato, linking the sector to national development plans focused on commercialisation, mechanisation, agro-processing and value-chain strengthening. Mining & Jobs: Storm Mountain Diamonds said it will cease operations at the Kao Mine on 30 June due to unsustainable fuel costs and weak diamond prices, with hundreds of workers affected. Regional Integration: SADC justice ministers in Victoria Falls put the proposed SADC Tourism UNIVISA on the agenda, aiming for a unified visa to boost cross-border tourism.
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.
Perspectify News
