Neighboured by South Africa, Lesotho is a small country that has faced some challenges for the past few years. Being largely agricultural-led, with diamond mining also a contributing sector to the country’s GDP, Lesotho is working toward enhancing infrastructure, improving social development, and encouraging employment outsourcing opportunities.
As the country develops, opportunities for investors and organisations are numerous for those who want to establish themselves in the country. With the right HR outsourcing strategy, Africa HR Solutions ensures that you can move to Lesotho even if you don’t have a legal entity yet. Our solutions range from Professional Employer Organisation (PEO), Employer of Record, payroll solutions among other ancillary services to help you with the successful implementation of your Lesotho HR outsourcing strategy.
Population: 2.1 mn
Gross Domestic Product (GDP): $1.84 bn
GDP Growth: 1.5%
Inflation: 4.0%
Foreign Direct Investment (% of GDP): 1.4%
Unemployment Rate: 23.6 %
Capital: Maseru
Currency: South African rand, Lesotho Loti
Languages: Southern Sotho, English
Bordered by South Africa, Lesotho is a small, landlocked country considered a low-middle-income economy. The private sector is quite small, hence the state has the upper hand in being the key player. For the past few years, the country’s economic performance has been affected by various factors, including natural disasters. However, growth is expected to increase with some construction projects such as the Lesotho Highlands Water Project, Lesotho Lowlands Water Development Projects, and roads. Green energy projects are also in the pipeline and initiatives to strengthen financial inclusion are also being discussed.
The country is home to the highest ski resort in Africa, Afriski
It is the only country in the world that is entirely above 1,000 m
Agriculture and animal herding are the primary occupation for the population that lives in rural places, accounting for 75%
The consumption of around 90% of goods in Lesotho are imported from South Africa.
Diamond mining is a fundamental part of Lesotho’s GDP, representing 9% of it
The most important meat in Lesotho is meat
New Year’s Day
Moshoeshoe’s Birthday
Good Friday
Easter Monday
May Day
Ascension Day
Africa Day
King’s Birthday
Independence Day
Christmas Day
Boxing Day
It is recommended to have a written agreement in English that outlines all the employee’s information, including remuneration, length of the contract, and termination details. All compensation and wage details must be mentioned in Lesotho Loti and not in any other foreign currency. At Africa HR Solutions, we have the expertise to guide you through all the HR outsourcing plans, including a competitive benefits scheme, so you can attract the right talent and establish your presence in Lesotho with peace of mind.
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Kevina Takoordyal has a BA Hons Business Management from the University of Glamorgan, UK, with MBA in leadership and Innovation, MBA General, PMP Certified, and Agile Scrum Master. She currently works as the Head of Operations at Africa HR Solutions Ltd with more than 20 years of proven leadership capabilities in Operations, Business Development, People Management, Process Optimization, and Project Management in the Financial Services, BPO, Banking Industry, and Heath Care Industry. In Senior leadership roles with an international footprint across Europe working and extensive Pan- African experience from a compliance, finance, and operations angle, Kevina comes across with a panoply of cross-functional skills. Kevina also serves on a few Boards, Non-Independent Executive at MioD and for NGOs on a voluntary basis, a coach and mentor to aspiring female leaders across Africa and Mauritius.
Kevina is a firm believer in Servant Leadership with a strong focus and commitment to uplifting others, with the ability to deliver through a highly engaged – diverse team, and works towards consistently synergistic value creation. While being a focused and adaptive thinker and Kevina is actively participating in panel discussions on Innovation, CX, Digital transformation.
Kevina serves as Project Assessor for the National Youth upskilling program. She has been recognized as Global Talent in a few companies, Ceridian, and International SOS Ltd whereby she has been awarded a few scholarships and had the opportunity to be mentored by Senior Vice President in the US. Award Winner in various fields and at a national level and recognized including Super Achiever Leader Award in Africa in 2016, Awarded Africa Women Leader 2018.
A qualified lawyer who joined Africa HR Solutions in July 2020, Mark Du Preez has experience working in private practice for a reputable law firm in South Africa. He also played commercially focused roles at a leading private bank, wealth management company, and outsourcing firm in South Africa and Mauritius.
Mark has played a pivotal role in Africa HR Solution’s risk mitigation strategy, which positively impacted P&L performance over the years.
He currently leads the Partnerships function of the company including relationships and oversight with in-country partners (ICPs) across Africa.
Alex has more than 15 years of experience in the global, strategic development of both enterprise and consumer brands in categories including technology, transport, enterprise software, entertainment, and travel.
With experience in roles on both agency and corporate side, he has worked across international brands and has led the development and execution of multi-discipline campaigns across EMEA, NORAM and Asia Pacific.
His focus is on driving meaningful business impact through brand differentiation and building high-functioning, digitally oriented, and analytically driven capabilities. He is motivated by working with, and developing dynamic people, teams, and organizations.
He leads, manages, develops and mentors the Key Account Management department, including line management responsibility for the team of Key Account Managers and Key Account Administrator who represent the Company as the primary communication link between all relevant stakeholders, including clients, third party in-country partners and internal functions.
Originally from Mauritius, he holds bachelor’s degrees in International Business, Finance and Management from the University of Nevada, Reno.