AGP Executive Report
Last update: 32 minutes agoFuel Costs in Focus: Motorists in Maseru are rushing to fill up ahead of Lesotho’s fuel price changes on 7 October, with petrol 93 set to rise to M28.20 and petrol 95 to M28.60, while diesel 50 moves to M34.90 and illuminating paraffin to M25.90—raising fears of fresh pressure on already strained household and transport budgets. Lesotho’s Digital & Creative Sovereignty: As the country marks 60 years of independence, stakeholders are pushing for stronger protection of local creativity and better enforcement of updated copyright and industrial property rules, alongside broader conversations on intellectual property and data sovereignty. Hydropower Progress: The Lesotho Highlands Development Authority has awarded geotechnical investigation contracts for the 120MW Oxbow Hydropower Scheme, advancing work that could improve electricity security and reduce reliance on imports. Youth Jobs Pressure: A new look at Lesotho’s labour situation highlights high unemployment among young people, with the “officially unemployed” reality underscoring the urgency of job creation. Regional Trade Risk: EU suspends beef imports from Namibia after foot-and-mouth disease, a reminder of how quickly animal health shocks can hit Southern Africa’s export jobs and livelihoods. M-Pesa Community Boost: VCL Financial Services renews its sponsorship of the Maletsunyane Braai Festival, extending support for local enterprise and tourism.
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