A financial sector that does not fund enterprise

Banking & Finance Lesotho’s financial sector has grown. It has deepened on the metrics that regulators tend to watch. And yet, by the measure that matters most for a developing economy, its ability to move money from where it sits to where it can work, the system remains structurally limited. Understanding why requires looking at what the sector does, who it serves, and what it was built to do in the first place. Financial inclusion in Lesotho has expanded substantially…Continue reading with a subscriptionSubscribe for full access to every story.Subscribe - M85/monthAlready a subscriber? Sign in Advertisement ...