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
National University of Lesotho In 2011, the National University of Lesotho has established the first institutional repository in the country. The National University of Lesotho Institutional Repository (NULIR) is the institutional repository and provides access to the research output of staff and students. "See also " National University of Lesotho The National University of Lesotho is in Roma, some 34 kilometers southeast of Maseru, the capital of Lesotho. The Roma valley is broad and is surrounded by a barrier of rugged mountains which provides magnificent scenery. The university enjoys a temperate climate with four distinct seasons. The governing body of the University is the