The thing about financial literacy and personal finance is that it doesn’t matter if you have studied economics, accounting or finance.
AFRITAC South - A collaborative effort to promote international macroeconomic stability
The current global macroeconomic and financial landscape continue to present daunting challenges to policy makers in the sub-Saharan Africa (SSA) region. The foregoing challeneges require us to collectively build resillience, but such resillience calls for a bold decisions and medium - to long term reforms. Such reforms should target restoring macroeconomic stability for shared prosperity. They should harness the potential for the green transition and digital technology.
Macroeconomic Nowcasting and Forecasting
Macroeconomic Nowcasting and Forecasting using Machine Learning Techniques
In simpler terms:
- Macroeconomic Nowcasting: This provides real-time updates on the current state of the economy, helping economists understand immediate economic conditions with minimal delay.
- Forecasting: This projects future economic trends using current and historical data, aiding in making informed predictions about the economy's direction.
- Machine Learning Techniques: These advanced computational methods analyze vast amounts of data to identify patterns and enhance the accuracy of economic predictions.
"Yes, these processes indeed help economists assess the likely paths of economic activity and provide quick updates on the economy, as well as predictions about what might happen in the future".
Speech by the Governor of the Central Bank of Lesotho, Dr. Emmanuel Maluke Letete
It is both a pleasure and a privilege to welcome all of you to the Central Bank of Lesotho on this very special day.
Money Month Campaign Successfully Implemented, 27 April to 27 May 2023
Report information coming soon...
RNB Properties Ltd becomes the first company to list shares on the Maseru Securities Market (MSM)
Speech by the Governor of the Central Cank of Lesotho, Dr. Retselisitsoe Matlanyane during the celebration of listing RNB properties on Monday 06th December, 2021
CBL donates 40 tablets to children with disability
It is a great pleasure and honour to be here for such a happy occasion where we handover tablets to St. Catherine High School and Mt. Royal High School respectively.
Stakeholder Sensitization Seminar 2019
The Central Bank of Lesotho (CBL), in collaboration with the Bureau of Statistics (BOS), organized a sensitization workshop for entities that provide data and use economic reports for their various planning and decision making processes on 28th August, 2019. This was done as an attempt to create a close collaboration and a rapport with the same institutions in order to improve data compilation and dissemination for macroeconomic management.
The Lesotho Money Month Campaign Launched
The Lesotho Money Month event was officially launched by the second Deputy Governor of the Central Bank of Lesotho, Ms. Mathabo G. Makenete on 1st October, 2018.