Saturday 24 February 2018
(The Independent 05/16/13)
Johannesburg - President Jacob Zuma met Lesotho Prime Minister Thomas Thabane in Johannesburg on Monday to discuss matters of mutual interest to the countries, the international relations department said. “The meeting between the two leaders took place within the context of promoting the African agenda and strengthening bilateral relations between the two countries,” spokesman Clayson Monyela said in a statement. Zuma and Thabane reflected on and reaffirmed the historical and cultural relations between the two countries. They also agreed to work together on water, energy, and tourism projects. “Bilateral co-operation between South Africa and Lesotho spans a wide range of areas including, but not limited to, trade and investment, security, energy, transport, agriculture, tourism, water, and environment,” Monyela said. -...
(BBC News Africa 05/16/13)
A lawsuit arguing that daughters should be allowed to succeed their fathers as chiefs in Lesotho has been rejected by the Constitutional Court. The judge said the current law did not discriminate against women, as chief's widows could inherit the title. South African lawyer Priti Patel, who was involved in the case, said the ruling was "a dark day for women in Lesotho". Lesotho was recently ranked highly for its treatment of women. It came eighth in the world - higher than the US and UK - for its progress in bridging the gender gap between the sexes by the World Economic Forum (WEF) in 2011. This was partly because a high proportion of Lesotho's women go to school and...
(Voice of America 05/14/13)
UNITED NATIONS — The United Nations Security Council pointed Monday to the connection between terrorism in Africa and organized crime, and called for a strengthened global response. The 15-member Security Council unanimously adopted a statement declaring its deep concern for what it calls the increasing violence perpetrated by armed groups, the number of which, it said, are growing in several regions and sub-regions of Africa. The council approved the statement during a discussion of the fight against terrorism in Africa. In expressing its concern about the connection between terrorism and transnational organized crime, and with illicit activities such as drugs, arms and human trafficking, the Security Council urged enhanced coordination to strengthen a global response. UN Secretary-General Ban Ki-moon told...
(Reuters (Eng) 05/10/13)
Africa's economic development is being held back by a "hemorrhage" of illicit financial flows, which may be getting worse, the African Development Bank said on Friday, calling for reforms to stem the losses. A draft report to be presented at the AfDB's annual meeting in Morocco later this month shows net resource outflows from Africa totaling up to $1.4 trillion over the 30-year period to 2009, far exceeding inflows to the continent. Illicit financial flows were "the main driving force" behind $1.2-1.3 trillion of the three-decade net drain, it said. This is about four times Africa's current external debt and almost equivalent to its current GDP. "The trend is continuing, it could even be increasing," AfDB Chief Economist Mthuli Ncube...
(Lesotho Times 05/08/13)
MASERU — Water Affairs Minister Timothy Thahane is expected to be charged on Monday for corruption, fraud and abuse of office in connection with the block farming scandal.The charges will make Thahane the first incumbent minister to be indicted for corruption since the return of democracy in 1993. The charges are a culmination of an investigation the Directorate on Corruption and Economic Offences (DCEO) has been conducting into the block farming scandal since the beginning of the year. Thahane, a former finance minister and director at the World Bank, was supposed to be arrested at the Moshoeshoe I Airport on Monday upon his return from an official trip. But for some unknown reasons the DCEO investigators were not at the...
(Lesotho Times 05/08/13)
MASERU — Court of Appeal President Justice Michael Ramodibedi has rejected Prime Minister Thomas Thabane’s order to resign. Thabane ordered Justice Ramodibedi to resign at a heated meeting last Monday. The judge reportedly stormed out of the meeting after Thabane told him that he has to go. Thabane told Justice Ramodibedi he had to resign because he was equally responsible for the mess in the judiciary. Law and Constitutional Affairs Minister Haae Phoofolo as well as Justice and Human Rights Minister Mophato Monyake also attended the meeting. After the emotionally charged meeting an angry Justice Ramodibedi wrote Thabane a strongly worded letter telling him that he will not be resigning as president of the Court of Appeal. The Lesotho Times...
(Reuters (Eng) 04/30/13)
Economic development researchers on Monday unveiled a database of China's aid to Africa in an effort to work around Beijing's secrecy about the numbers, as a debate rages over the intentions and impact of Chinese assistance. The study and database by the Washington-based Center for Global Development and AidData, a research project, includes 1,673 Chinese development finance projects worth $75 billion in 50 African countries from the years 2000-2011. The Chinese figures, using standard measures of Official Development Assistance (ODA) and Other Official Finance (OOF), are roughly on par with U.S. aid to Africa during the same period, the Center for Global Development said. While official ODA from Western countries and some major developing countries is openly reported and easily...
(ABC News 04/29/13)
JOHANNESBURG (miningweekly.com) – Aim-listed Paragon Diamonds on Monday said it had increased the plant processing rate at its Lesotho-based Lemphane kimberlite project bulk-sampling programme to over 230 t/d. The company indicated that it had also completed the processing of two additional kimberlite samples of 3 371 t and 1 201 t. This followed the successful installation of a water-supply pipeline at the site. P5, the 3 371 t sample, yielded an 8.86 ct yellow dodecahedron, the largest diamond at Lemphane, to date, with MD Stephen Grimmer indicating that the stone represented 5% of the value of the total carats recovered at the project thus far. The same sample also produced four other diamonds above 1 ct for a total of...
(The Christian Science Monitor 04/24/13)
Several thousand Chinese now work in the mountainous southern African nation as shopkeepers and traders, but some claim their presence undercut local entrepreneurs. Of all the African destinations that Chinese migrants have traveled to since China’s economic and political reforms in the late 1970s, Lesotho is one of the least obvious. A tiny landlocked kingdom with a largely impoverished population scattered in often inaccessible villages dotted around a stark mountain landscape, Lesotho appears to have little to offer the prospective Chinese migrant. And yet, this country of just over two million inhabitants boasts a Chinese population of several thousand. This community is overwhelmingly made up of shopkeepers from China’s Fujian province who have established a trading network that extends deep...
(Reuters (Eng) 04/22/13)
African finance ministers told their rich nation counterparts at weekend meetings of the International Monetary Fund and World Bank to work harder and faster to kick-start their economies to avoid a prolonged slump that could undermine strong growth in the developing world. "We are concerned," Nigerian Finance Minister Ngozi Okonjo-Iweala said at the meetings of global finance leaders. "If we continue to see slow growth in the euro zone, which provides a large market for many African countries, and is coupled with a slowdown in emerging economies, then we will become more vulnerable," Okonjo-Iweala told a news conference of African finance ministers. "We need to insist that our partners in other parts of the world work harder and faster." Despite...
(Angola Press 04/19/13)
Maseru – The diplomat Josefina Pitra Diakite presented on Thursday in Maseru to Lesotho’s King Letsie III her credentials as the Angolan non-resident ambassador to that country. Firstly, the ambassador presented her credentials to Lesotho’s Media, Science and Technology Minister, Tseliso Mokhosi, in representation of the Lesotho Minister of Foreign Affairs and International Cooperation. After his accreditation ceremony, Josefina Pitra Diakite was received in private by King Letsie III and Prime-Minister, Motsoahae Thomas Thabane, having discussed issues related to the cooperation between Angola and Kingdom of Lesotho. Josefina Pitra Diakite has a permanent residence in Pretoria, South Africa, where she was accredited as the Angolan ambassador to that country in February in 2012. In March 2013, the diplomat was accredited...
(AFP 04/19/13)
WASHINGTON, April 18, 2013 - The World Bank today signed an agreement with the Kingdom of Lesotho in Washington for the new Maternal and Newborn Health Performance-Based Financing Project. The credit of US$12 million from the World Bank's International Development Association (IDA), with a grant of US$4 million from the Health Results Innovation Trust Fund, supported by the UK and Norway, will be used to introduce innovative financing for health facilities in Leribe and Quthing districts in the first year, with expansion to other districts in subsequent years. "We are excited to try a new approach in improving access to decent health services for the poor, after seeing evidence of success in other African countries such as Rwanda and Burundi,"...
(Reuters (Eng) 04/15/13)
Sub-Saharan Africa's economic growth should accelerate to more than 5 percent over the next three years, far outpacing the global average, but the region must do more to convert this into reducing poverty, the World Bank said on Monday. In its latest Africa's Pulse analysis of prospects for the region, the bank saw increased investment, high commodity prices and a pick-up in the global economy driving this expected growth surge in the world's poorest continent. It said foreign direct investment (FDI) inflows to Sub-Saharan Africa were projected to increase to record levels each year over the next three years, reaching $54 billion by 2015. This compared to $37.7 billion in 2012, a 5.5 percent increase in a year when FDI...
(Reuters (Eng) 04/10/13)
Carlyle Group (CG.O) is looking at a number of banks in east and west Africa for a potential investment, its Africa co-head said on Wednesday, as the U.S. private equity firm focuses on the continent's growing consumer market. Carlyle, which last year invested in a pan-African grain trading firm, has recently signed a second deal, Marlon Chigwende also told the Reuters Africa Investment Summit. "Banking is very interesting today, and that is the general statement across a lot of sub-Saharan Africa," Chigwende told the Reuters Africa Investment Summit in Johannesburg. "Certainly, there are several opportunities of fast-growing banks, good management teams, interesting market positioning." Although private equity is still at a nascent stage in Africa, investor interest in the fast-growing...
( 04/10/13)
The Africa Development Bank (AfDB) has launched a a multi-country and multi-partner project which seeks to increase food security and improve the income and living standards of small-holder farmers in the 20 African countries by improving the value chains of four important staple crops – maize, wheat, cassava and rice. The project targets to demonstrate by 2016, that it is possible to increase the yields of cassava, maize, rice and wheat by at least 20% on smallholders’ farms, increase the smallholder’s household cash income to $600 from the current $370 and increase food security by at least 20% to 84% from the present 73%. According to media statement from the implementing agency, International Institute of Tropical Agriculture (IITA), key stakeholders...
(Reuters (Eng) 03/26/13)
"BRICS, Don't Carve Africa" reads a banner in a church hall in downtown Durban where civil society activists have gathered to cast a critical eye at a summit of five global emerging powers. The slogan evokes the 19th Century conference in Berlin where the predominant European colonial states carved up the African continent in a scramble historians see as epitomizing the brash exploitative capitalism of the time. Decades after Africans threw off the colonial yoke, it is the turn of the blossoming BRICS group of Brazil, Russia, China, India and South Africa to find their motives coming under scrutiny as they proclaim an altruistic-sounding "partnership for development, integration and industrialization" with Africa. Led by that giant of the emerging powers,...
(Reuters (Eng) 03/26/13)
President Barack Obama hosts the leaders of four African nations this week, all of which are cited in a new report for effectively increasing spending on agriculture to combat extreme poverty and hunger. The report by the ONE Campaign, an anti-poverty group co-founded by Irish rockers Bono and Bob Geldof, said Senegal, Malawi, Cape Verde and Sierra Leone either met or were close to meeting targets for increased budget spending on agriculture. All of the countries, except Cape Verde where there is little data, are also on track or close to meeting a U.N. target of halving extreme poverty by 2015, the report said. The African leaders will visit the White House on Thursday to showcase their fledgling democracies, but...
(The New York Times 03/26/13)
BEIJING — As President Xi Jinping of China continues his first overseas trip as his country’s leader, arriving in South Africa late on Monday after Russia and Tanzania, he meets with much goodwill – but also some concern among Africans that China may be a “new colonial power,” extracting resources and selling manufactured goods, as I reported on Sunday. China knows it. In a speech in Tanzania, Mr. Xi sought to calm the concerns, as my colleagues Chris Buckley and Jeffrey Gettleman reported. “China frankly faces up to the new circumstances and new problems in Sino-African relations,” Mr. Xi told an audience of Tanzanian politicians and officials in Dar es Salaam, the country’s economic hub and a center of government,...
(The Post Online 03/25/13)
GOALKEEPER Kennedy Mweene says he had to sacrifice himself by being sent off to prevent Lesotho from scoring first. And striker Collins Mbesuma says Chipolopolo's World Cup qualification dream is still on despite being held 1-all by Lesotho in Maseru. Mweene sacrificed his part in the match by fouling Lekhoana outside the box to prevent Lesotho's obvious goal-scoring opportunity. With Mweene's expulsion, striker Fwayo Tembo was sacrificed as an up field player while Joshua Titima took over the gloves for Zambia. In a post-match interview, Mweene said he expected to be red carded after the foul. "I had to sacrifice myself to prevent that striker from scoring," Mweene said. "If they Lesotho went up first, the game was going to...
(Reuters (Eng) 03/14/13)
Catholics in Africa and Asia on Thursday greeted the election of Pope Francis from Argentina as a historic breakthrough that would pump the developing world's vital energy into a struggling Church and amplify the voice of the planet's poor. While there was disappointment that Pope Benedict's successor did not come from the African or Asian continents, Cardinal Jorge Bergoglio's Third World origins spurred hopes of a kindred spirit among Catholics from Manila to Maputo. Argentina, in Latin America's southern cone, is as far from Africa and Asia as Europe, the prime source of previous pontiffs. But these rapidly developing southern continents of the globe, where poverty still looms large, are now home to the world's fastest growing Catholic communities. African...

Pages