First Published in 1990. Volume Two of Studies of Economic History of South Africa, looks at the Lesotho and Swaziland regions. The unfolding history and historiography of Southern Africa pose profound challenges for both analysis and praxis in the last decade of the twentieth century. These challenges are reflected in the range of investigations and contradictions, some of which are treated here, which together constitute an intellectual and political conjuncture. This collection of studies deals with the countries which were not included in the companion book on the economic history of the Front- Line States. Most of the space in the present volume is devoted to South Africa, primarily because of its importance to the region but also because contributions to the economic history of that country in English are very extensive as compared to the other states of Southern Africa.