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Lesotho Regulators unite to strengthen National oversights

Lesotho Regulators unite to strengthen National oversights

“Our goal is to create an ecosystem where cooperation leads to better enforcement, reduced risks, and a more secure economic environment.” By: Mpho Shelile MASERU To reaffirm their dedication to strengthening institutional cooperation and...

Lesotho faces major job losses unless Trump’s US tariffs are cut even further

Lesotho faces major job losses unless Trump’s US tariffs are cut even further

Lesotho’s tariff rate for exports to the US was substantially lowered last week from 50% to 15%. However, even at the much lower rate, the mountain kingdom still faces large job losses, mainly because of competition in garment exports from Kenya...

Lesotho to continue talks to further reduce tariffs on exports to US

Lesotho to continue talks to further reduce tariffs on exports to US

Lesotho will continue negotiations to further reduce tariffs on its exports to the United States after the latter revised its 50-per cent tariff on all exports from the former down to 15 per cent, effective from August 7."While we had negotiated...

Lesotho already hurting despite US tariff reprieve

Lesotho already hurting despite US tariff reprieve

A reprieve from a 50% United States (US) tariff on goods from Lesotho has come too late to prevent damage to the tiny African kingdom’s textiles industry, which has been hit hard by months of trade uncertainty, officials and industry players said....

Lesotho's Insurgency Claims Debunked

Lesotho's Insurgency Claims Debunked

(MENAFN- The Post) Two weeks ago, Prime Minister Sam Matekane made a bold, unsettling claim; that politician and activist Tšepo Lipholo was attempting to“reclaim Lesotho's stolen land” through militant means. The Prime Minister warned that such...

Amid US Tariffs, Africa’s Fashion Industry Looks to China

Amid US Tariffs, Africa’s Fashion Industry Looks to China

The end of the African Growth and Opportunity Act (AGOA) in the United States is no longer a distant concern. It is fast becoming a lived reality for countries like Ethiopia and Lesotho, where shifting U.S. trade policies are already taking a...

What U.S. consumers can expect from new tariffs on imported goods

What U.S. consumers can expect from new tariffs on imported goods

American businesses and consumers soon will have a better idea of how President Donald Trump's foreign trade agenda might affect them now that the United States has imposed higher tariffs on products from dozens of countries. It’s been nearly 100...

Here’s what US consumers can expect from new tariffs on imported goods

Here’s what US consumers can expect from new tariffs on imported goods

American businesses and consumers soon will have a better idea of how President Donald Trump’s foreign trade agenda might affect them now that the United States has imposed higher tariffs on products from dozens of countries. It’s been nearly 100...

AP News: What US consumers can expect from new tariffs on imported goods

AP News: What US consumers can expect from new tariffs on imported goods

Clearance home appliances are displayed at a retail store in Vernon Hills, Ill., Thursday, Aug. 7, 2025. (AP Photo/Nam Y. Huh) Washers and dryers are displayed at a retail store in Vernon Hills, Ill., Thursday, Aug. 7, 2025. (AP Photo/Nam Y. Huh)...

What US consumers can expect from new tariffs on imported goods

What US consumers can expect from new tariffs on imported goods

American businesses and consumers soon will have a better idea of how President Donald Trump's foreign trade agenda might affect them now that the United States has imposed higher tariffs on products from dozens of countries. It’s been nearly 100...

Lesotho already hurting despite welcome tariff reprieve

Lesotho already hurting despite welcome tariff reprieve

It employs about 40,000 people and accounts for roughly 90% of manufacturing exports, according to Oxford Economics. One of the people affected by the uncertainty is Matsoso Lepau, a 48-year-old who lost his job at protective outerwear maker Leo...

Meeting of Heads of the MFA of Turkmenistan and the Kingdom of Lesotho

07 August 2025 126 Meeting of Heads of the MFA of Turkmenistan and the Kingdom of Lesotho On August 7, 2025, a meeting was held between the Minister of Foreign Affairs of Turkmenistan Rashid Meredov and the Minister of Foreign Affairs and...

Lesotho aims for 10% tariff on exports to US

Lesotho aims for 10% tariff on exports to US

The Lesotho government has committed to continue with negotiations to further reduce tariffs on its exports to the US. This comes after the United States revised its crippling 50% tariff on all Lesotho exports down to 15%, effective from 7 August....

Starting Strong: A Guide to Registering a Small Business in Lesotho

Starting Strong: A Guide to Registering a Small Business in Lesotho

By: Mpho Shelile MASERU Small businesses are the heartbeat of Lesotho’s economy. From vibrant street vendors to innovative agri-processors and local fashion brands, many Basotho are venturing into entrepreneurship to drive change and uplift their...

Gwede Mantashe: I'm not giving Mozambicans, Basotho and Zimbabweans artisanal mining licences

Gwede Mantashe: I'm not giving Mozambicans, Basotho and Zimbabweans artisanal mining licences

Minister of Mineral and Petroleum Resources, Gwede Mantashe, has denounced the scourge of illegal mining across South Africa, which he said is dominated by foreign nationals. IOL reported on Tuesday that as 494 illegal miners who were arrested...

CESA announces finalists for Aon Engineering Excellence Awards

CESA announces finalists for Aon Engineering Excellence Awards

Industry body Consulting Engineers South Africa (CESA) has announced the finalists of the 2025 Aon Engineering Excellence Awards, which honour outstanding projects, organisations and individuals that shape the built environment through innovation....

Lesotho factory goes dark as tariffs loom

Lesotho factory goes dark as tariffs loom

Let us read it for you. Listen now. Your browser does not support the audio element. MASERU, Lesotho -- The deafening roar of hundreds of sewing machines has gone silent. Spools of thread in every color are covered in dust. The warehouse is dark...

US tariff decision puts thousands of Lesotho textile jobs at risk

US tariff decision puts thousands of Lesotho textile jobs at risk

The future of Lesotho’s textile industry remains uncertain after the United States reduced the country’s reciprocal tariff rate to 15%. Last week, President Donald Trump reduced the tariffs from the 50% he had threatened to impose in April. The...

Reviving Lesotho's Economy Through Mechanical Engineering

Reviving Lesotho's Economy Through Mechanical Engineering

(MENAFN- The Post) ...A response to misconceptions in high office AT a recent Public Accounts Committee (PAC) hearing, a comment was made suggesting that a mechanical engineer-assumed to be merely a motor mechanic-was unqualified to lead a...

WATCH | Despite tariff reprieve, Lesotho says it is already hurting

WATCH | Despite tariff reprieve, Lesotho says it is already hurting

A reprieve from a 50% US tariff on goods from Lesotho has come too late to prevent damage to the mountain kingdom's textiles industry, which has been hit hard by months of trade uncertainty, say officials and industry players. Lesotho's tariff...

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