Bloomberg News

Lesotho Prime Minister Offers to Quit After Party Loses

May 31, 2012

Lesotho’s Prime Minister Pakalitha Mosisili offered to resign yesterday after his party failed to secure a majority in a parliamentary election.

King Letsi III declined to accept Mosisili’s resignation, ordering him to remain in his position until a new prime minister is sworn in, Monyane Moleleki, deputy leader of Mosisili’s Democratic Congress, told reporters in Maseru, the capital.

The DC, which won 48 of the 120 National Assembly seats in the May 26 election, is in talks with opposition parties about forming a ruling alliance, Moleleki said. Under the 1993 constitution, the king appoints the leader of the political party that commands the majority of seats in the National Assembly as prime minister.

Lesotho exports mohair, clothing and diamonds from Gem Diamonds Ltd. (GEMD)’s Letseng mine and sells water to South Africa.

To contact the reporter on this story: Mike Cohen in Cape Town at mcohen21@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net


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