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 the Lower Karoo which hosts the coal seams does not outcrop in Lesotho. The country has quarrying of Quaternary clay deposits, Drakensberg Group fine-grained basalts and sandstones in the Elliot, Molteno and Clarens Formations. 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