Economy of Lesotho Economy of Lesotho Lesotho is geographically surrounded by South Africa and economically integrated with it as well. The economy of Lesotho is based on agriculture, livestock, manufacturing, mining, and depends heavily on inflows of workers’ remittances and receipts from the Southern African Customs Union (SACU). The majority of households subsist on farming. The formal sector employment consist of mainly the female workers in the apparel sector, the male migrant labor, primarily miners in South Africa for 3 to 9 months and employment in the Government of Lesotho (GOL) . The western lowlands form the main agricultural zone. Almost 50% of
Mining industry of Lesotho order 1970 on regulations of export, extraction, and all commercial rules related to rough diamonds; the Explosives Proclamation of 1958 (amended) and Mine Safety Act 1981. The country has accepted the Kimberley Process Certification Scheme. Known mineral deposits in Lesotho include base metals, clay, diamond, dimension stone, sand, gravel, and uranium. Artisanal mining concerns of agate, clay, sand, gravel, and stone have occurred to a limited extent for internal consumption. Reserves of bituminous shale and coal have also been identified. Mining industry of Lesotho The mining industry of Lesotho is mostly concentrated on diamond mining and as such the mining