Lesotho News
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Lesotho reached an accord with South Africa to proceed with the 12 billion rand ($1.3 billion) second phase of a hydropower project that will supply power and water, according to Lesotho Prime Minister Thomas Thabane.
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South Africa approved the 12 billion rand ($1.3 billion) second phase of the Lesotho Highlands Water Project to boost supplies and generate hydropower, Water and Environmental Affairs Minister Edna Molewa told Business Day.
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The president of the Court of Appeal of Lesotho, the kingdom surrounded by South Africa, has asked the High Court to block any attempt by Prime Minister Thomas Thabane to remove him.
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Angola, Africa’s second-biggest oil producer, plans to simplify taxation and more than double revenue from sources other than petroleum to curb the government’s reliance on crude.
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Vodafone Group Plc, the second- largest mobile service provider, is boosting investments in its African businesses as higher growth rates promise relief from stagnant earnings in Europe.
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Lesotho, Botswana and South Africa have signed a memorandum of understanding to examine options for Botswana to draw water from Lesotho to boost its economic development, according to Lesotho’s minister of energy, meteorology and water affairs.
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Fast food and expanding waistlines are not just an American health concern.
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Vodacom Group Ltd., South Africa’s largest wireless carrier, is revamping its retail stores to offer services similar to those popularized by Apple Inc.
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The cost to extend a project that brings water to South Africa’s industrial hub from Lesotho has risen about 15 percent to 9 billion rand ($1.02 billion) from a December 2010 estimate, a South African official said.
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Lesotho must create jobs and improve tax collection to cut its dependence on revenue from the Southern African Customs Union and international aid, the country’s finance minister said.
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