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Baner Club > Blog > Ecnomics > Who gains from the “white gold” of Lesotho?
EcnomicsPolitics

Who gains from the “white gold” of Lesotho?

Here in Lesotho, the water that is so vital to the nation's economy is referred to as "white gold."

Last updated: 2024/08/22 at 8:08 AM
Published August 22, 2024
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The focal point of this is an engineering masterpiece that seems out of place in the highlands of the nation, situated amidst the shepherds who live in the traditional Basotho blankets and mud huts that make up this rural area.
The Katse dam is an extremely remarkable architectural creation. At 185 meters (600 feet) in height, it is the second-largest curving dam in Africa.
It was completed in 1996 as a component of the Lesotho Highlands Water Project, which came about as a result of an agreement made ten years prior by the governments of Lesotho and apartheid South Africa.

Although the nation is completely encircled by its larger neighbor, it enjoys a consistent supply of water, something that certain portions of South Africa do not.
Lesotho is the only nation in the world that is totally above 1,000 meters, therefore its unique terrain accounts for the comparatively large amount of precipitation the nation receives.
Water is forced via a network of tunnels after being funneled out of the dam and into the South African Vaal river system. It is the largest water transfer program in Africa.
According to the government, Lesotho now gets $200 million (£154 million) annually for the water from South Africa; this is more than twice as much as the country received before to the agreement’s renegotiation earlier this year.

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admin August 22, 2024 August 22, 2024
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