{"id":210702,"date":"2025-10-21T20:10:37","date_gmt":"2025-10-21T18:10:37","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/lesotho\/lesotho-hundreds-of-jobs-at-stake-at-lesotho-diamond-mine\/"},"modified":"2025-10-21T20:10:37","modified_gmt":"2025-10-21T18:10:37","slug":"lesotho-hundreds-of-jobs-at-stake-at-lesotho-diamond-mine","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/lesotho\/lesotho-hundreds-of-jobs-at-stake-at-lesotho-diamond-mine\/","title":{"rendered":"Lesotho: Hundreds of Jobs At Stake At Lesotho Diamond Mine"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"11\"><em> 25% state-owned Kao Mine could shut down &#8220;within weeks&#8221; <\/em><\/p>\n<ul>\n<li>One of Lesotho&#8217;s largest diamond producers could shut down within weeks, threatening over 750 jobs and R1-billion spent annually in the local economy.<\/li>\n<li>Kao Mine needs R250-million to continue operating for the next 12 months.<\/li>\n<li>Global diamond prices have dropped significantly in recent years.<\/li>\n<li>The company says a deadlock with government over tax deductions is deterring investment.<\/li>\n<li>The government says it must balance its roles as a 25%&#8230;<\/li>\n<\/ul>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202510210381.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 Southern Africa <a title=\"Lesotho\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/southern-africa\/lesotho\/\">Lesotho<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>25% state-owned Kao Mine could shut down &#8220;within weeks&#8221; One of Lesotho&#8217;s largest diamond producers could shut down within weeks, threatening over 750 jobs and R1-billion spent annually in the local economy. Kao Mine needs R250-million to continue operating for the next 12 months. Global diamond prices have dropped significantly in recent years. The company [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":210703,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[1406],"tags":[258,256,7465,6529,6643,4717,1407,257,254,9744],"class_list":["post-210702","post","type-post","status-publish","format-standard","has-post-thumbnail","category-lesotho","tag-africa","tag-africa-news","tag-diamond","tag-hundreds","tag-jobs","tag-lesotho","tag-lesotho-news","tag-news","tag-south-africa-today","tag-stake"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/210702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=210702"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/210702\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/210703"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=210702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=210702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=210702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}