LESOTHO: Recovery in textile industry to boost economic growth
[Aug 22, 2006] The economic growth of Lesotho is set to grow from 1.2 percent in 2005 to 2 percent in the current year as the textile industry expanded...
LESOTHO: Textile exports decimates due to prolonged rand strength
MEM [Aug 08, 2006] Lesotho's exports, particularly textiles, has decimated due to prolonged rand strength since 2002. Leanne Sedowski, a researcher with the school of development studies at the University of KwaZulu-Natal, said...
LESOTHO: Textile industry makes a remarkable comeback
MEM [Jul 08, 2006] Lesotho's textile industry has made a remarkable comeback, setting an example for the region and giving thousands back their jobs; Bahlakoana Shaw Lebakae, deputy secretary-general of the Lesotho Clothing and Allied Workers Union said...
LESOTHO: New textile factory expected to employ 3,000 workers
[Mar 30, 2006] A new clothing and textile factory that is expected to employ 3,000 workers has opened in Lesotho, where the sector has been battered by the end of a global trade quota system in 2004...
LESOTHO: Zero tax rate on certain clothing exports announced
MEM [Feb 10, 2006] Lesotho government has announced a zero tax rate on certain of its clothing exports. Finance minister Timothy Thahane said here on February 10 the cut was to diversify the country's export range...
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