Economy of Lesotho maloti (M) per US$1 – 7.32 (2010), 6.10948 (1999), 3.62709 (1995); note - the Basotho loti is at par with the South African rand 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
Geography of Lesotho and stone garlands can be found across the higher portions of the Lesotho Highlands. These features were formed in connection to the periglacial conditions that prevailed during the last glacial period in the area. Lesotho is divided into 10 administrative districts, each with its own capital, called a camptown. The districts are further subdivided into 80 constituencies, which consist of 129 local community councils. Districts (in alphabetical order): Because of its altitude, the country remains cooler throughout the year than most other regions at the same latitude. Lesotho has a temperate climate, with hot summers and cold winters. Maseru and