Lesotho: Inflated Deals Create Debt Trap for Future Generations - Analysts

1 December 2020

UNLESS Lesotho governments refrain from the habit of awarding grossly inflated tenders for various infrastructure projects, future generations will be caught up in a massive debt trap which will only impede the country's development, analysts have warned.

The warning comes against the background of the Lesotho Times' recent exposé of a massive scandal in which the previous Thomas Thabane administration allegedly agreed to a grossly inflated M2, 8 billion deal with a Chinese contractor for the construction of a 70-megawatt (MW) solar power generation project at Ramarothole, Mafeteng.

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