Lesotho

Country Information

Lesotho is a mountainous, landlocked country within South Africa, known for its water resources and textile industry. The capital is Maseru.

Political System

Lesotho is a constitutional monarchy with a parliamentary system.

Economic Indicators

GDP (2023 est.):

USD 14.3 billion

Population

Approximately 21 million

Currency

Malawian Kwacha (MWK)

Main Industries

Agriculture (tobacco, tea, sugar), services.

Investment Climate

Opportunities in textiles, renewable energy, and tourism, supported by preferential trade agreements.
Guides

Explore Guides

Guide to Foreign Money and Judgements and Arbitral Awards in Lesotho

Guide to Mining in Lesotho

Insolvency and Debt Restructuring in Lesotho

Guide to Doing Business in Lesotho

Explore Related Posts

Justice Monaphathi v Chief Justice: The Rise of the “Evergreen Contract” for Judges
28 May 2026
The Constitutional Court of Lesotho has handed down a landmark judgment in Justice Tseliso Monaphathi v His Lordship the Chief Justice and Others, a case tha...
Lesotho’s new regulations: No Business Licences for Foreign Nationals
30 March 2026
You may have seen the recent headlines relating to no trading licences for foreign nationals. Although how it works and what its reach remains murky.  ...
Why getting your tax objection right matters: Risks at the Revenue Appeals Tribunal
11 December 2025
Businesses in Lesotho frequently face amended assessments (“Assessment”) from the Revenue Services Lesotho (“RSL”).  When this happens, the law gives ta...
Lesotho Corporate Guardianship Navigating Directors’ Duties Under the Companies Act
30 September 2025
An Overview of the Responsibilities and Legal Obligations of Company DirectorsIn today’s complex corporate environment, directors are more than figureheads. ...
The New Administration of Estates and Inheritance Act No.2 of 2024: Key Changes and Implications
27 September 2024
Lesotho’s legal framework for the administration of deceased’s’ estates and inheritance has undergone a transformative overhaul with the enactment of t...
A Guide to employee benefits in Lesotho as at April 2024 
14 June 2024
Applicable Legislation – the Labour Court Act No. 3 of 2024 – which came into force on 2 April 2024,  being the date of publication  The informa...
Africa Update
3 August 2023
This e-bulletin highlights key legislative and regulatory developments in the technology, media and telecommunications sectors in sub-saharan Africa.  T...
Africa Update
30 November 2022
The boost in undersea cable capacity that is on the cards for Africa bodes well for the acceleration of internet availability and quality across th...
Africa
30 September 2022
A McKinsey report earlier this month highlights that although cash is still king in Africa its supremacy is likely to be increasingly challenged as e-payment...
practice focus
25 August 2022
Dispute resolution practices vary in many respects from one African country to another, although some significant similarities are apparent. The latter inclu...