AGP Executive Report
Last update: 7 hours agoCentral Bank Watch: The Central Bank of Lesotho raised its interest rate by 25 basis points to 7.00% to rein in inflation, citing rising risks from energy costs, bad weather, and higher fertiliser and transport prices. AfCFTA Push for SMEs: Lesotho will host a three-day workshop to help 65–70 MSMEs sell across Africa under AfCFTA, with practical focus on rules of origin, standards, compliance, and digital trade. Trade & Jobs Finance: The World Bank’s mid-term review of the CAFI project rated progress “satisfactory” in nine of ten areas, though it flagged delays and slower access to finance. Climate to Business: A new USD$10m PARS project aims to turn climate adaptation into clean jobs and entrepreneurship, urging innovators and financial institutions to move beyond “ideas on paper.” Governance & Courts: The long-running treason trial was postponed to November 2–5, 2026, as defence cross-examination continued; separately, the NUL leadership dispute deepened after the council moved to suspend Prof Kananelo Mosito again. Policy Under Scrutiny: Stakeholders met over the Cybersecurity Bill 2026 amid concerns about freedom of expression and privacy. Agriculture Implementation: Rural chiefs warned that delays in allowing traders to distribute subsidised inputs closer to farmers could disrupt timely summer planting.
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.