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
Terry Rand points. Rand played college basketball at Marquette University and led the team in scoring as a sophomore, junior, and senior. As a junior, he helped lead the Golden Warriors to a 24-3 record and its first NCAA tournament appearance. The team carried a 22-game winning streak and was ranked eighth in the nation. In the first round, Rand scored 37 points and grabbed 25 rebounds in a 97-70 victory over Miami (Ohio), which still stands as the school tournament record. Marquette reached the Elite Eight after defeating Kentucky, before losing to Iowa. In his senior season, Rand posted averages of