made in lesotho products in eu markets

Posted in the Lesotho Forum

First Prev
of 3
Next Last
Max

Maynooth, Ireland

#1 Feb 24, 2008
It is with a lot of pride that the textile products made in Lesotho factories have now hit the European market. In one of the big clothes shops here in Ireland (probably in others as well as this is a common market area), are denim jeans proudly produced from the Kingdom of Lesotho.

We have been worried about the expiry of AGOA and the other agreement (which was being negotiated to run up to 2015) and atleast the European market will alleviate our worries. This is a shot in the arm for Lesotho government because it gives them time to draw up new strategies to counter competition from the East. Rea o lebohela 'muso mona o sebelitse.
Phoka li maotong

South Africa

#2 Feb 24, 2008
Rea leboha ruri. E ne eka ownership ea li factory tseno 'muso o ka sebeletsa hore Basotho ba be le seabo - empowerment!

“Sera sa motho ke tlala”

Since: Aug 07

Maphutseng Ha Morena Makhabane

#3 Feb 24, 2008
Phoka li maotong wrote:
Rea leboha ruri. E ne eka ownership ea li factory tseno 'muso o ka sebeletsa hore Basotho ba be le seabo - empowerment!
Ke lumellana le uena mono. We need Basotho ownership of these firms. Teng ke taba tse monate ruri.
Seholobe Momathise

Wuhan, China

#4 Feb 24, 2008
Great news!
The challenge over our heads as Lesotho,is broadening our export- menu content through devising some new strategies of luring in FDI.Political stability is no 1.
Max

Maynooth, Ireland

#5 Feb 25, 2008
Phoka li maotong wrote:
Rea leboha ruri. E ne eka ownership ea li factory tseno 'muso o ka sebeletsa hore Basotho ba be le seabo - empowerment!
And believe me that will not be hard to do. It is a matter of legislation to get these enterprises to form for example, joint ventures which will help trandfer skills and technology. Gov also has to devise means of forcing these firms to save atleast a portion of their profits in our country for a certain period. Good comments folks!

Nna

Since: Feb 07

Everywhere

#6 Feb 26, 2008
Max,

A relatively low percentage goes to these markets, ebile e se ele khajana hona ho etsahala. Ese eka mmuso o ka sebetsa ka thata ho batlana le emeng mebaraka before AGOA fades.

My main worry with regard to FDI is that we are too dependent on foreign investors. The textile industry constitutes about +90% ea GDP ea rona. According to me this situation does not indicate a sustainable economic development.

Hape the US is predicting an economic recession (sp). I am anticipating a low demand for apparel by next year. Thats the problem of depending heavily on FDI (inward) or FDI led development. How are we going to cope with this? Le tsebe hona joale India, China, and Brazil are probably going to face a crises ka lebaka la maemo a economi ea Amerika..The good thing is they are currently developing appropriate strategies tse tlo ba thusa. WHAT ABOUT US? Ke bona batho ba felloa ke mesebetsi. Le tle le bone.

Nna

Since: Feb 07

Everywhere

#7 Feb 26, 2008
Max wrote:
<quoted text>
And believe me that will not be hard to do. It is a matter of legislation to get these enterprises to form for example, joint ventures which will help trandfer skills and technology. Gov also has to devise means of forcing these firms to save atleast a portion of their profits in our country for a certain period. Good comments folks!
Right Max, ehlile we have to force these Asians to save in our local banks and to stay in this country (hore re thole rent). U tsebe they are all staying in Ladybrand moo ba rekang ntho engoe le engoe teng. Here there are fiancial leakages.

Oa tsebe ha u bua ka skills transfer u nkutloisa bohloko. We are getting none. Our sisters and brothers ba etsa mesebetsi e petty feela ka mono. This people ba ikoalletse ka machinery le their knowhow. This is unfair!

Max, there are so many weknesses tseo nna ke le Mosotho ke li bonang tse etsahalang ka hara industry ena.
crazy fan

Boksburg, South Africa

#8 Feb 26, 2008
Nna wrote:
Max,
A relatively low percentage goes to these markets, ebile e se ele khajana hona ho etsahala. Ese eka mmuso o ka sebetsa ka thata ho batlana le emeng mebaraka before AGOA fades.
My main worry with regard to FDI is that we are too dependent on foreign investors. The textile industry constitutes about +90% ea GDP ea rona. According to me this situation does not indicate a sustainable economic development.
Hape the US is predicting an economic recession (sp). I am anticipating a low demand for apparel by next year. Thats the problem of depending heavily on FDI (inward) or FDI led development. How are we going to cope with this? Le tsebe hona joale India, China, and Brazil are probably going to face a crises ka lebaka la maemo a economi ea Amerika..The good thing is they are currently developing appropriate strategies tse tlo ba thusa. WHAT ABOUT US? Ke bona batho ba felloa ke mesebetsi. Le tle le bone.
o khutlile neng koa ITALY

Nna

Since: Feb 07

Everywhere

#9 Feb 26, 2008
crazy fan wrote:
<quoted text> o khutlile neng koa ITALY
Mohlankoane
crazy fan

Boksburg, South Africa

#10 Feb 26, 2008
Nna wrote:
<quoted text>
Mohlankoane
hana ke neng ka sontaha?

“Lesofe”

Since: Oct 07

Maseru

#11 Feb 26, 2008
Max wrote:
It is with a lot of pride that the textile products made in Lesotho factories have now hit the European market. In one of the big clothes shops here in Ireland (probably in others as well as this is a common market area), are denim jeans proudly produced from the Kingdom of Lesotho.
We have been worried about the expiry of AGOA and the other agreement (which was being negotiated to run up to 2015) and atleast the European market will alleviate our worries. This is a shot in the arm for Lesotho government because it gives them time to draw up new strategies to counter competition from the East. Rea o lebohela 'muso mona o sebelitse.
Interesting, but who initiated the whole thing, Goverment???I doubt. hee batho

Nna

Since: Feb 07

Everywhere

#12 Feb 26, 2008
crazy fan wrote:
<quoted text>hana ke neng ka sontaha?
Hoane ha pula e ntse ena
Max

Maynooth, Ireland

#13 Feb 26, 2008
Nna wrote:
Max,
A relatively low percentage goes to these markets, ebile e se ele khajana hona ho etsahala. Ese eka mmuso o ka sebetsa ka thata ho batlana le emeng mebaraka before AGOA fades...
Oa bolela 'neso feela on the flip side, ke utloile eka the volume of exports is actually going to be increased as deals have already been secured. So I am hopeful.

On the question of inward FDI, you are also spot on but again on the flip side, most of these fast growing countries started off with an increase in the performance of the external sector, then when it slumps, there is enough ka mokotleng for redistribution & reallocation into other programmes such as investment. Like you, I believe investment is the only viable option our government has.

Lefat'se le ke ke la tlohela 'muso oa Amerika o oele ngoan'eso. China now holds the largest dollar reserves and I believe they will help lower US deficits. On the other hand, the fundamentals show that in order for US to lower its deficits, they need a country that is high in surplus to work together with them. In this case, Germany. I mean if all these powerful countries do their parts, US will not go down. Ha ke e batle naha eno feela I acknowledge hore ha ba t'soaroa ke sefuba, re khohlela kaofela.
Max

Maynooth, Ireland

#14 Feb 26, 2008
Nna wrote:
<quoted text>
Right Max, ehlile we have to force these Asians to save in our local banks and to stay in this country (hore re thole rent).Max, there are so many weknesses tseo nna ke le Mosotho ke li bonang tse etsahalang ka hara industry ena.
My sister the day we rid ourselves of corruption, we will feed this meer 2 million people. There are unconfirmed reports of our leaders having shares in some of those. Haeba ho le joalo how will they force those Chinese owners to adhere to the rules of the game? Never. Ho bohloko because we know we are sick, we know what we are suffering from, but we do not do anything about it.
Max

Maynooth, Ireland

#15 Feb 26, 2008
Soefenki wrote:
<quoted text>Interesting, but who initiated the whole thing, Goverment???I doubt. hee batho
It is surely the government probably through MITCM and Foreign Affairs. Who else would? Investors do not look for a market. They set up businesses when there is a ready market. Catch me?
crazy fan

Boksburg, South Africa

#16 Feb 26, 2008
Nna wrote:
<quoted text>
Hoane ha pula e ntse ena
oo! m FBI i know everything

Nna

Since: Feb 07

Everywhere

#17 Feb 26, 2008
Max wrote:
<quoted text>
It is surely the government probably through MITCM and Foreign Affairs. Who else would? Investors do not look for a market. They set up businesses when there is a ready market. Catch me?
Che Max, its more about LNDC & MTICM than Foreign Affairs.

Nna

Since: Feb 07

Everywhere

#18 Feb 26, 2008
Max wrote:
<quoted text>
My sister the day we rid ourselves of corruption, we will feed this meer 2 million people. There are unconfirmed reports of our leaders having shares in some of those. Haeba ho le joalo how will they force those Chinese owners to adhere to the rules of the game? Never. Ho bohloko because we know we are sick, we know what we are suffering from, but we do not do anything about it.
Ehlile hona le Basotho ba bang ba nang le lishare ka mono. And I think ke matona. They hold something like 14%.

Ke ts'epa nna le uena re ea lumellana hore its not wrong hore ebe batho bana ba owna some shares ka mono. Feela the big question ke hore na ba reng ka tsela eeo ntho li sebetsoang ka teng ke Machaena....I mean skills transfer etc.

Do you think Basotho will ever takeover these firms once AGOA fades??? For sure Machaena ana kaofela a tlo tsamaea ka 2015...waht are we going to do? Joooo ke eeo kotsi.
Max

Maynooth, Ireland

#19 Feb 26, 2008
Nna wrote:
<quoted text>
Che Max, its more about LNDC & MTICM than Foreign Affairs.
Ke hoba ke nkile LNDC le MITCM collectively hoba LNDC reports hona teng. In terms of foreign, ke nahana hore li embassy might have had something to do with it.
Max

Maynooth, Ireland

#20 Feb 26, 2008
Nna wrote:
<quoted text>Do you think Basotho will ever takeover these firms once AGOA fades??? For sure Machaena ana kaofela a tlo tsamaea ka 2015...waht are we going to do? Joooo ke eeo kotsi.
Re ne re t'soanetse e be khale re qalile. Even if we do not take over altogether feela lintho tse kang li-joint ventures will have gone a long way. Ntho ena ea ho seifa ka har'a naha 'm'e, only a knucle-head would not understand its importance. Mona hee ke utloa bohloko hoba le Mr. Matekane o ne a ee a cho hore "Ha chelete e chencha matsoho, moruo oa hola," joale e tla chencha matsoho joang e le sieo ka har'a naha? In the long run, re ntse re le lehlohonolo hoba re it'setlehile ka SA and if they do not go to a recession themselves, we may still stay afloat le ha re tla be re tapa-tapa fat'se.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker
First Prev
of 3
Next Last

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Lesotho Discussions

Title Updated Last By Comments
News Prince Harry To Leave Military, Further African... 12 hr tuzwoman 2
im selling nnyoana at pretoria north (Jul '13) Nov '14 Teboho 37
More from around the web