Lesotho Geography, Culture, and Economy

Lesotho is a small nation, a former British protectorate, entirely surrounded by the country of South Africa. It has a population of around 2 million and its capital and largest city is Maseru, and the official language is Sesotho.

It is located entirely above 1,000 meters in elevation which lends itself to a cool climate throughout the year. It often undergoes droughts given its widely variable rainfall. These droughts also lead to migration to more urban areas and immigration to South Africa for new opportunities.

Lesotho is economically integrated with South Africa, given its location, and is primarily based on agriculture, livestock, manufacturing and mining, while also depending heavily on money coming back into the country from workers’ remittances from jobs in South Africa.

2021
March 11Moshoeshoe’s Birthday
April 2Good Friday
April 5Easter Monday
May 1May Day
May 13Ascension Day
May 25Africa/Heroes Day
July 17King’s Birthday
October 4Independence Day
December 25Christmas Day
December 26Boxing Day
  • Limited Liability
  • Corporation
  • Partnership
  • Corporate Tax: N/A
  • Income Tax (Lowest Marginal Rate): N/A
  • Income Tax (Highest Marginal Rate): N/A
  • VAT/GST/Sales Tax: N/A
  • First National Bank (South Africa) (Commercial Bank)
  • Nedbank (Commercial Bank)
  • Standard Bank (Commercial Bank)

Aadmi can support you with your expansion to Lesotho. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

February 21, 2022
  It’s not surprising that company wellness programs are on the rise. Designing and managing an employee wellness program is an essential step in improving the h...
February 17, 2022
  Bangladesh has been one of the recent preferred choices for new business owners, entrepreneurs, and large corporations looking to move manufacturing overseas. This h...
February 14, 2022
  Establishing a business in Mexico can be a lucrative option for investors who are considering the Americas as a market. Not only can you benefit from low operating c...
February 10, 2022
When it comes to moving manufacturing to another country, China is the premier destination. It offers the perfect combination of cheap but skilled labor, political stabilit...