Lesotho: Ministries Told to Accept SA Banknotes

Central Bank of Lesotho (CBL) has issued a stern warning to government ministries, advising them to accept payments made with South African banknotes.

This comes after reports that ministries have been rejecting payments in Rands, citing concerns over counterfeit notes or illegal money.

The CBL said such practices could have serious repercussions on Lesotho’s economy and its international trade relations.

This was said during a stakeholder engagement meeting between the CBL and government…