Indicators

AGOA expires 31 December 2026

172 days

US tariff on Lesotho

50%

Renewed 3 February 2026, but only to year-end. Textiles are roughly a fifth of GDP, and more than 90% of those exports go to the United States.

Letšeng diamonds

US$1,501/carat

Q1 2026 · 16,727 carats · US$32.1m

Wool — merino indicator

R270.86/kg

Season closed 10 Jun · reopens 19 Aug

CBL policy rate

6.75%

Up 25bps · May 2026

Inflation

3.1%

April 2026 · forecast 4.8% by June

Loti

1:1 ZAR

Pegged to the rand

Sources: Gem Diamonds trading updates, Cape Wools SA, Central Bank of Lesotho, Office of the US Trade Representative. Updated weekly.