Lesotho loti Lesotho loti The Loti (plural: maLoti) is the currency of the Kingdom of Lesotho. It is subdivided into 100 "Lisente" (sg. "Sente"). It is pegged to the South African rand on a 1:1 basis through the Common Monetary Area, and both are accepted as legal tender within Lesotho. The loti was first issued in 1966, albeit as a non-circulating currency. In 1980, Lesotho issued its first coins denominated in both loti and lisente (dated 1979) to replace the South African Rand, but the Rand remains legal tender. The name derives from the Sesotho "loti", "mountain," while "sente" is from English
Geology of Lesotho yield and frequent springs. Steep terrain, rain and snow melt mean that Lesotho has a high risk of landslides. Lesotho has extensive diamond deposits in both kimberlites and alluvial gravel. The country has the highest concentration of kimberlite bodies in the world—a total of more than 400, including 343 dikes, 39 pipes and 23 blows. Northern Lesotho has an average of one kimberlite body for every 10 square kilometers. In spite of the large deposits, very few sites are mined and research is ongoing into alluvial deposits. The Karoo Supergroup hosts low-grade uranium and likely coal and coal-bed methane, although