Economy of Lesotho Swaziland, Namibia, and South Africa also form a common currency and exchange control area known as the Rand Monetary Area that uses the South African rand as the common currency. In 1980, Lesotho introduced its own currency, the loti (plural: maloti). One hundred lisente equal one loti. The Loti is at par with the rand. Until the political insecurity in September 1998, Lesotho's economy had grown steadily since 1992. The riots, however, destroyed nearly 80% of commercial infrastructure in Maseru and two other major towns in the country, having a disastrous effect on the country's economy. Nonetheless, the country has
Howard Rand author of books in British Israelism, Bible studies and pyramidology (most published by Destiny Publishers). Reuben H. Sawyer Howard Rand Howard Rand, also known as Howard B. Rand and Howard Benjamin Rand (June 13, 1889 - August 17, 1991) was a lawyer, inventor, and three-time candidate for Massachusetts state office on the Prohibition Party ticket, He headed the former Anglo-Saxon Federation of America, a British Israelist group. He served from 1937 to 1968 as editor of its affiliate Destiny Publishers, which put out "Destiny" magazine (distinct from the magazine of the same name about Black culture). Rand was born in