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Lesotho

Yearbook 2010

Lesotho. According to COUNTRYAAH, several reports during the year on living conditions and economic conditions gave a mostly bleak picture of Lesotho. The small kingdom, on all sides surrounded by South Africa, is becoming increasingly difficult to cope with. Unemployment has risen to over 30 percent since the global crisis hit the neighboring country and Lesotho miners were forced to travel home, and agricultural production covers only about a quarter of the country's needs. Lesotho's state budget is covered by 65 percent of revenue from a customs union with South Africa - values ​​primarily generated by the neighboring country - and if that cooperation was terminated, Lesotho's economy would collapse.

2010 Lesotho

One glimmer of light, which did not saturate any stomachs, was that the so-called Ibrahim Index, compiled by the Somali businessman Mo Ibrahim's Foundation for Better Leadership in Africa, placed Lesotho as the ninth best country in Africa, even as the seventh best in the category "Human rights and individual influence".

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