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 Geology of Lesotho The geology of Lesotho is built on ancient crystalline basement rock up to 3.6 billion years old, belonging to the Kaapvaal Craton, a section of stable primordial crust. Most of the rocks in the country are sedimentary or volcanic units, belonging to the Karoo Supergroup. The country is notable for large fossil deposits and intense erosion due to high rainfall and a rare case of southern African glaciation during the last ice age. Lesotho has extensive diamonds and other natural resources and has the highest concentration of kimberlite pipes anywhere in the world. Lesotho shares many commonalities