Why Lesotho’s remittance ‘safety net’ was never really its own, and why it is failing again in 2026
African Arguments9h ago1 newsroom
Lesotho is two years into a national state of disaster: US tariffs have gutted its garment factories, unemployment has passed 30%, and its main trade lifeline is guaranteed for less than a year. To understand how the mountain kingdom keeps ending up here, start almost forty years earlier.In 1987, something extraordinary happened in this small kingdom…