Tariff expiry restores Lesotho’s export lifeline, for now
Garment exporters regain duty-free access to the US after months of uncertainty, but Agoa’s planned expiry at the end of 2026 still clouds the outlook.
Auto Added by WPeMatico
Garment exporters regain duty-free access to the US after months of uncertainty, but Agoa’s planned expiry at the end of 2026 still clouds the outlook.
The retailer that went from a small fly-fishing shop started by two brothers to a major player in South Africa’s clothing industry.
Former Eskom CEO André de Ruyter predicted that Eskom would lose its revenue base, and now African countries it supplies to are turning towards their own renewable energy generation with billions in investments.
For Lesotho, a nation of 2.4 million people with the unhappy distinction of having the world’s second-highest HIV rate and the fourth-highest tuberculosis rate, the loss of support threatened thousands of lives.
Political voices in Lesotho are growing louder in their calls for closer integration with South Africa – with some even arguing that the mountain kingdom should become South Africa’s tenth province. The idea, once considered fringe, is now being openly promoted by Lesotho’s Socialist Revolutionaries (SR) party. SR leader Teboho Mojapela believes the only viable…
Unions demand the renewal of Agoa and lower tariffs on exports to the US.