Lesotho is a landlocked country surrounded by South Africa with its economy well-integrated into the surrounding country as well. However, its main economical reliance on agriculture, livestock, mining, and remittances (from SACU) boasts most of its GDP. The country is working with more than 50% of the population in informal crop cultivation and animal husbandry.
Mining Professionals, Engineering Professionals, Medical Professionals, Manufacturing Professionals
The top universities in Lesotho are;
The table contains the average monthly salary in Lesotho
|Job Title||Average Monthly Salary (LSL)||Average Monthly Salary (USD)|
|Information Technology Manager||20,000.00||1,180|
|Developer / Programmer||11,800.00||696|
|Business Development Manager||19,500.00||1,151|
Workers are paid monthly.
The minimum wage in Lesotho ranges from LSL 1,881 to LSL 2,053 per month.
Overtime pay in Lesotho usually amounts to 125% of the base wage. With the weekend and holiday overtime pay amounting to up to 200% of the employee’s wage.
The 13th-month pay is not mandatory in Lesotho.
Lesotho does not levy any payroll taxes on the employers.
Lesotho does not levy any payroll taxes on the employees.
The rates depend on the tax structure for the financial year and are subject to amendments by the parliament. There are two structures:
|Taxable Income||Rate (%)|
|1.00 to 67,440.00||20|
The standard VAT in Lesotho vary on the service and goods purchased.
Employers in Lesotho can terminate employees according to three stipulations by the labour law.
The notice period for probationary and regular employees is 1 week to 1 month.
The severance pay in Lesotho is two weeks worth of pay for each year of service after a year.
Applying for a business visa for Lesotho requires the following documents for successful application: