In 1957 a South African adventurer

Go down

In 1957 a South African adventurer

Post by Guest on Sat Nov 13, 2010 11:27 pm

In 1957 a South African adventurer, colonel Jack Scott, accompanied by a young man named Keith Whitelock, set out prospecting for diamonds. They found their diamond mine at 3,100 m altitude, on top of the Maluti Mountains in northeastern Lesotho, some 70 km from Mokhotlong at Letseng. In 1967, a fabulous 601-carat (120 g) diamond (Lesotho Brown) was discovered in the mountains by a Mosotho woman. In August 2006, a 603-carat (121 g) white diamond (Lesotho Promise) was discovered at the Letseng-la-Terae mine. Another 478-carat (96 g) diamond was discovered at the same location in 2008.[14]

The official currency is the loti (plural: maloti), but can be used interchangeably with the South African rand. Lesotho, Swaziland, Namibia, and South Africa also form a common currency and exchange control area known as the Common Monetary Area (CMA). The loti is at par with the rand, while one hundred lisente equal one loti.

Lesotho is a member of the Southern African Customs Union (SACU), in which tariffs have been eliminated on the trade of goods between other member countries Botswana, Namibia, South Africa, and Swaziland.

Lesotho has received economic aid from a variety of sources, including the United States, the World Bank, Ireland, the United Kingdom, the European Union, and Germany.

property management
naples real estate

Guest
Guest


Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum