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GallLesotho1

lesotho
looking for peace of mind

city-of-maseru
looking good

Lesotho
looking for peace of mind

KingswayMaseru
most boring city in world

Main_street-Maseru
that is it

maseru-Lesotho
This's my area in Maseru

welcome
Entering Lesotho

Maseru-city
My beautifully city, love it

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Local_Customs-Lesotho
Fine nightout

Maseru-3
Good time at night

Ouch-Lesotho
boring in lesotho

Lesotho
enjoying locals
Lesotho Business


Bussines in Lesotho


Economy

LESOTHO'S ECONOMIC GROWTH IN 2008 is estimated to have fallen to 4.2 per cent from 5.1 per cent in 2007. The slowdown is due, in part, to the global financial and economic crisis but high inflation driven by soaring food and oil prices has also played a role. Growth is expected to fall further to 3.8 per cent in 2009 before picking up to 5.3 per cent in 2010.

New diamond mines, which opened in 2004 and 2005, continued to make significant contributions to Lesotho's economic growth. However, manufacturing came under pressure in the second half of 2008 as consumer demand in the United States weakened. It is estimated that textiles, footwear and leather products output will contract 10.7 per cent for the whole year, compared with an increase of 5.1 per cent in 2007. GDP growth is expected to fall to 4.2 per cent in 2008 from 5.1 per cent in 2007, slipping to 3.8 per cent in 2009 before recovering to 5.3 per cent in 2010. Inflation will likely have peaked in 2008 as oil and food prices jumped, with price pressures expected to ease thereafter, giving the economy some relief.

Tourism presents an important opportunity for Lesotho to diversify, especially in view of the 2010 FIFA World Cup in South Africa. However, tourist industry growth still lags behind other sectors and the government will need to provide support to improve infrastructure and management.

Investing in Lesotho!

Lesotho occupies a unique geographical position reasonably centrally located within Southern Africa and with good access to some of the fastest growing industrial and economic areas in the region such as Johannesburg and Pretoria. It is also within reasonable proximity to the international ports such as Durban and Cape Town. This combined with the efforts of the Government of Lesotho to create a good enabling environment for business make the country an attractive destination for foreign investment.

Analises of Lesoth Economic

1. Lesotho's Index of Economic Freedom Ranking was downgraded due to increases in government spending and decrease in financial freedom. Business freedom in Lesotho is on par with the world average.
2. According to the Enterprise Surveys (2009) the top three constraints to doing business and investment are tax administration, corruption and crime, theft and disorder.
3. Lesotho's overall Ease of Doing Business ranking slipped a couple of spots this year, reflecting lower scores for 8 indicators. It takes 601 days to obtain a construction permit which is almost three times the regional average.


Lesotho Business comments

Your comments


Doing business over here is the same like doing business others part of africa. Corruption, beuaracracy, etc. It is a virus in Africa that one day I hope someone must stand up and eliminated these virus(corruption and beuaracracy)
Dunga, Brasil


It's corruption the best killer in Africa and Aids.
Jean Maria , Cote d'voire


Doing can be very frustrated because we're in middle of South Africa
David sole , Lesotho


Honestly though, i'm so sick and tired of people naming corruption as the no.1 source of their refusal to invest in developing African Nations. The thing is, when you need their Diamonds, they provide. How can people get over corruption without having the support they need from investors?
Pina , Berlin, Germany


Home run! Great suglging with that answer!
Rena ,



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Political in Lesotho



Lesotho is a constitutional monarchy under King Letsie III, with a bicameral legislature of a Senate and a National Assembly elected since 2002 under a mixed first-past-the-post and proportional representation system. The prime minister, commanding a majority in Parliament, is formally appointed by the King.

Prime Minister Bethuel Pakalitha Mosisili has been in office since 1998. His Lesotho Congress for Democracy (LCD) won the most seats in the last general election in 2007 but the major opposition parties challenged the outcome, especially over its proportional representation seats in parliament. In an effort to resolve the resulting political impasse, the SADC named former Botswana president, Sir Ketumile Masire, to mediate. Despite the problems, the government has been able to press ahead, helped by growing splits among the opposition parties.


Lesotho Africa Political comments

What do you think about mornachy in Lesotho?


Your comments


I believe that if the mornachy is benifiting only the king with and his wives. That meant is time to reform the mornachy just like in England, Spain etc. for seek of the country and people.
Jo Davis, Lesotho


The Mornachy has been good for the country. Then why change it. There're conflint every in Africa.
Didilton , South Africa


Mornach isn't improving our life. I think is time get ridd of it.
Major , Lesotho


I LOVE LESOTHO SO MUCH AND I MISS HOME,SORRY TO BE IRRELEVENT.THIS PLACE IS SO BEAUTIFUL I MUST SAY WE ARE AT THE HEARTS OF NATURE
refiloe kokose , uhm lets say lesotho


Leave the monarch exactly where it is! I personally don't pay attention or think of them as the all mighty, however, it's part of a nation's history and culture. I mean, the British, Dutch, Swazi, Swedish, Danish, Spanish & Japanese monarchies are still in good condition aren't they?
Pina , Berlin, Germany


Hey Pina, you contrast Lesotho monarch with more advance countries except Swazi. But most of these countries monarch help the population but not the same in Lesotho.
Micheal , Lesotho



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Usefull Information in Lesotho

Top Hotels

  • Lancer's Inn
  • Lesotho Sun Hote
  • Sani Top Chalet

Top restaurants

  • Sani Top Restaurant
  • Rendevouz Restaurant
    at the Lancers Inn Hotel
  • Sani Top Charlet

Place to visit

  • Oxbow, Lesotho
  • Dinosaur Adventure Trails
  • Butha-Buthe Plateau
  • Major Bell's Tower and Fort

Internet Access

  • Three privately owned ISPs
    - Leo, Square One and Adelfang have introduced internet access in Lesotho since October 2000.
  • " The state of the art network provides easy and
    the internet via broadband connection
    fast broadband Internet to both private and business customers.
  • 'Currently Lesotho's population has to share access to a little over 2,000 PCs
    connected to the internet, most of which are in urban areas

Not to miss to see

  • Butha-Buthe Plateau
  • Oxbow, Lesotho
  • Mafeteng
Lesotho Usefull information comments

Your comments


Hey, someone can direct me, nice places to go eat and have fun! Thanks
Dilton Jean


It's very boring place.
Mary


It was nice to go to lesotho to see some different when we're in South for World Cup
Gary Molly


Maseru is B.O.R.I.N.G No cool clubs...if there, they are ghetto as hell. I mean seriously...get it together!!! sheesh
Pina



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