Real Estate and Property in Lesotho for Sale and Rent

Economy

Housing Crisis in Lesotho: A Looming Deadline

Source In a recent revelation, the National Housing Profile of Lesotho has sounded the alarm, indicating a critical surge in the demand for affordable housing. The staggering figure of 98,000 represents the pressing need for inexpensive housing solutions that must be addressed by 2025. This urgency stems from the repercussions of an inefficient land planning and management framework, intensifying the...

The Most Common Appliance Issues and How to Fix Them

In Lesotho only a few out of every odd device issue needs a proficient fix. The fixes are sufficiently so easy enough to do yourself in many cases. Is it true or not that you are encountering any of the normal device issues below? Before contacting a specialist to resolve it, read these tips very carefully. It may assist you with taking care of the issue without help from anyone else:Only a few out of...

How To Clean Your At-home Coffee Equipment?

In Lesotho cleaning is one of the most important tasks that no one likes. Most of us dislike cleaning because it brings back the nostalgia of restrictions by our moms, prohibiting us from playing before cleaning our rooms. Even though cleaning is a difficult task, we are well aware that its benefits outweigh the cons of filth. One of the most technical household things to clean properly is an espresso...

US Receives $40M from Lesotho to Produce Electricity

A subdivision of the World Bank's renewable energy and energy access projects, i.e., the International Development Association (IDA), has funded Lesotho's government with the US $40m. IDA has aimed to facilitate the households of rural and peri-urban areas, small and medium enterprises (SMEs), and grid-connected and off-grid economic centers with an adequate supply of electricity. Renewable energy...

African urban growth is expected to be massive

Real estate sector in Africa has been experimenting an impressive growth. On average, 10,000 accommodations miss each year in most of these countries, and despite some governmental endeavors, the shortfall is still important. According to several studies, African population is going to increase over threefold during the next 40 years. This demographic growth will inevitably go with a strong development...

Lesotho: Reforms to Top Govt’s 2018 Agenda

The idea of implementing the multi-sectoral reforms will take place with consent or objection from the opposition. Joan Molapo, the minister for communications, asserted that the government will not be prevented from materializing the idea just because the opposition presents irresponsible demand to take part. However, Teboho Sekata the spokesperson of the opposition party responds by asserting that the...

Positive performance of Lesotho’s economy

Lesotho’s economy grew in the third quarter of 2017 thanks to the output from the mining sector, the Central Bank of Lesotho (CBL) has told. The CBL however, said that at the same tame the manufacturing sector experienced a decline. The first deputy governor for the CBL, Masilo Makhetha, was this week at a committee which analyses global, regional, domestic economic trends and the financial market...

Water has become the new gold for Lesotho

The Minister of Water and Sanitation Nomvula Mokonyane said that water has become the new gold during her speech at the Infrastructure Investment Summit launch in Rosebank on Monday 06 November 2017. She remarked that it is costing approximately R14 billion to deal with the backlog of water and sanitation infrastructure and if there are no drastic changes the economy could be affected by lack of...

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