IMF chief warns global economy faces lasting uncertainty

Summary IMF chief Kristalina Georgieva says “uncertainty is the new normal” Global economy shows resilience despite trade shocks Trump’s tariffs expected to dominate IMF, World Bank talks Annual meetings in Washington to gather finance leaders...

FNB recognised as Best SME Bank in Africa

FNB has been named the Best SME Bank in Africa by Global Finance for its 2026 Best SME Bank Awards. This recognition underscores FNB’s unwavering and long-standing commitment to supporting small and medium-sized enterprises (SMEs) across the...

‘Buckle Up,’ IMF Chief Warns Amid Economic Uncertainty

October 8, 2025 10:40 AM, EDT [Stay on top of transportation news: Get TTNews in your inbox.] WASHINGTON — The global economy is holding up better than expected despite major shocks such as President Donald Trump’s tariffs, but the head of the...

IMF chief warns of economic uncertainty: 'Buckle up'

WASHINGTON -- WASHINGTON (AP) — The global economy is holding up better than expected despite major shocks such as President Donald Trump's tariffs, but the head of the International Monetary Fund says that resilience may not last. “Buckle up,”...

IMF chief warns of economic uncertainty: 'Buckle up'

WASHINGTON (AP) — The global economy is holding up better than expected despite major shocks such as President Donald Trump's tariffs, but the head of the International Monetary Fund says that resilience may not last. “Buckle up,” Managing...

Harry and Meghan head to New York to receive a humanitarian award...after Chad government accused Duke's 'disrespectful' charity of financial misconduct and wildlife violations

Harry and Meghan are expected in New York tomorrow at a mental health gala where they will be recognised as 'humanitarians of the year'. But the ceremony will be overshadowed by a critical letter issued by the government of Chad targeting a...

China Steps In as U.S. Trade Pact Expires, Deepening Its Grip on Africa’s Economic Future

China is poised to tighten its economic hold on Africa following the expiration of the U.S. African Growth and Opportunity Act (AGOA) on September 30, a move that ends 25 years of preferential trade access for sub-Saharan exporters. Analysts say...

SA TRADE LIFELINE ENDS

by LENAOctober 7, 2025October 7, 2025025 Share0 Maseru, Oct. 07–The African Growth and Opportunity Act (AGOA), officially expired last week, ending a 25-year-old trade lifeline to South Africa (SA) and several key industries. According to...

Demise of US trade deal AGOA pushes Africa further into China’s orbit

The apparent collapse of a 25-year tariff-free trade pact between the United States and Africa symbolises an American retreat, according to observers, who say the shift is paving the way for China to deepen its influence across the continent. The...

Lesotho introduces customised number plates with advanced security features 

Rethabile Pitso THE Ministry of Public Works and Transport has unveiled Lesotho’s first customised number plates, with advanced security features designed to curb fraud and vehicle-related crimes. Launching the initiative at the Traffic Department...

Lesotho becoming a rogue state: opposition 

Moroke Sekoboto/Mohloai Mpesi Opposition parties have accused the Revolution for Prosperity (RFP)-led coalition government of turning Lesotho into a rogue state by repeatedly undermining the Constitution and defying a critical court order for the...

UNCTAD Warns Tariff Uncertainty Could Curb Global Investment

Small and medium-sized businesses and developing economies are likely to be at particular risk of a slowdown in investment due to ongoing tariff uncertainty, the Secretary-General of the UN Trade and Development Agency told Reuters on Monday....

AGOA expiry must prompt South Africa to pursue alternative trade relations – Mavuso

The expiry of the US preferential trade framework the African Growth and Opportunity Act (AGOA) on September 30 means that South Africa must aggressively pursue alternative trade partnerships through the BRICS bloc and the African Continental Free...

Lesotho poultry sector to form new industry association

LESOTHO – The Ministry of Agriculture, Food Security, and Nutrition in Lesotho is working with poultry farmers and other partners to create a national body aimed at organizing the poultry industry. Officials confirmed that groundwork for the...

Lesotho's Famo music: from shepherd songs to gang wars

MASERU, Lesotho — Puseletso Seema is musical royalty in the tiny African mountain kingdom of Lesotho, where she's known as "the Queen of Famo" -– a popular genre of pastoral accordion music beloved by the country's people, the Basotho. But for all...

LESOTHO HOLDS WATER MULTI STAKEHOLDERS DIALOGUE

by LENASeptember 29, 2025September 29, 2025043 Share0 Maseru, Sept.29– The Kingdom of Lesotho is holding the 11th Southern African Development Community (SADC) two-day multi-Stakeholders water dialogue which resumed in Maseru on Monday. In his...

Trade talks between South Africa and the U.S. gather steam

As trade negotiations between South Africa and the U.S. advance amid a thaw in bilateral relations, South Africa’s Trade, Industry and Competition Department is preparing a new offer to Washington. Last month, South Africa submitted a revised...

VP Mohadi tours Zimbabwe, Angola, Lesotho Pavilions at Osaka Expo 2025

VP Mohadi is currently at the Commons B Pavilion at the Osaka Expo 2025, which is home to the Zimbabwe Pavilion. He is expected to tour the Zimbabwe Pavilion first, then visit the Angola, Lesotho and Mozambique Pavilions. The Zimbabwean Pavilion...

Sub-Saharan Africa's smaller economies set to outpace regional giants amid global volatility

By Edith Mutethya in Nairobi, Kenya | chinadaily.com.cn | Updated: 2025-10-03 17:12 Sub-Saharan Africa's smaller economies are expected to sustain strong performance this year, outpacing regional heavyweights such as South Africa and Nigeria,...

Lesotho villagers complain of damage from water project backed by African Development Bank

Eighteen rural communities in Lesotho have filed a complaint with the African Development Bank (AfDB) over its funding of a multibillion-pound water project whose construction process they claim has ruined fields, polluted water sources and...