Read the latest news from regional and global sources, presenting different voices and perspectives.
India, Namibia Call For Fast-tracking Trade Deal With South African Customs Union
StratNews Global
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July 10, 2025
Home Africa India, Namibia Call For Fast-tracking Trade Deal With South African Customs Union India–SACU preferential trade agreement can be a transformative platform for regional trade, investment and value chain integration, PM Modi said India...
Fee waivers kick in for youth businesses
Public Eye
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July 10, 2025
RETHABILE MOHONO MASERU – In a major move to boost entrepreneurship and economic participation across the country, the Ministry of Trade, Industry, and Business Development (MTIBD) has announced the implementation of sweeping exemptions on...
Butha-Buthe women weaving their way to success
Informative
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July 16, 2025
By: Mpho Shelile Butha-Buthe Meet ’Mamajoro Khoboko and ’Mapuleng Ntlhabo, two passionate artisans from Butha-Buthe who are reviving traditional Basotho crafts by making high-quality woven hats and bags. Using their hands, creativity, and cultural...
Landlocked African nation declares emergency as U.S. tariffs threaten economic stability
Business Insider Africa
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July 10, 2025
Lesotho, a textile-reliant African nation, has declared a two-year economic emergency amid deepening uncertainty over U.S. trade policy, after a steep 50% tariff - though paused - disrupted investor confidence and buyer orders. Deputy Prime...
African Central Banks weigh policy options amid Trump’s tariffs
Engineering News
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July 10, 2025
Key African economies are set to stake out different approaches to interest rates in the coming weeks as they gauge the impact of US President Donald Trump’s new tariff proposals and their domestic influences on their economies and inflation....
WATCH | Trump tariffs create national disaster for tiny Lesotho
Times LIVE
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CANCELLED ORDERS, MASS LAYOFFS “You can see there are no people here,” said Teboho Kobeli, owner of Afri-Expo, which makes jeans for export, gesturing towards rows of unmanned sewing machines at his factory. While Trump suspended application of...
Trump’s ‘selfish, cruel’ tariffs threaten national disaster for tiny Lesotho
Business Day
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Maseru — When Limpho Lefalatsa first learnt she had lost her job at a Lesotho garment factory after 12 years due to US President Donald Trump’s decision to hit her tiny African homeland with a crippling tariff on its exports, she was in shock. “I...
The delay in the American rate deepens the uncertainty of trade, warns the best economist of the United Nations
The European Times
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July 9, 2025
While the 90-day initial break on so-called “reciprocal” rates offered a certain relief compared to the expected increases of up to 50%, the United States has rather imposed a basic tariff of 10%, added in addition to existing tasks. This means...
Lesotho Highlands Water Project: Centre local voices in the climate change, conflict and peacebuilding nexus
Mail & Guardian
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July 5, 2025
The Lesotho Highlands Water Project (LHWP), established by the 1986 treaty signed by the governments of Lesotho and South Africa, is a multi-phased project that generates hydroelectricity through a system of several large dams and tunnels in...
Tariff delay deepens economic uncertainty, warns ITC chief
Fibre 2 Fashion
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The extension of the US tariff pause until August 1, 2025, has sparked renewed concerns over global trade instability, with Pamela Coke-Hamilton, executive director of the International Trade Centre (ITC), warning that the move deepens economic...
Equatorial Coca-Cola Bottling Company to acquire Voltic (GH) Limited and West African Refreshments Ltd.
Joy FM
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July 8, 2025
Equatorial Coca-Cola Bottling Company (ECCBC) and Coca-Cola Beverages Africa (CCBA) have reached an agreement for ECCBC to acquire Voltic (GH) Limited (Voltic) and West African Refreshments Limited (WARL). Voltic is a subsidiary of CCBA, and WARL...
New Lesotho legislation impacts South African exporters: What you need to know to stay compliant
Inbound Logistics
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Effective 1 July 2025, the Revenue Services Lesotho (RSL) officially implemented the Agents of Foreign Firms (AFF) declaration process, introducing a significant policy shift that directly affects South African exporters trading with Lesotho. This...
UN trade official warns U.S. tariff policy extends global uncertainty
The Malaysian Star
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July 8, 2025
GENEVA, July 8 (Xinhua) -- A leading United Nations economist has warned that the U.S. decision to extend its "reciprocal tariffs" pause from July 9 to Aug. 1 actually prolonged the period of uncertainty, undermining long-term investment and...
US tariffs prompt companies to invest in low-risk strategies
International Accounting Bulletin
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July 7, 2025
The US is initiating a new phase in its trade policy by implementing a reciprocal tariff structure. President Donald Trump has announced that starting from 4 July 2025, formal letters will be dispatched to foreign governments, delineating the...
UN Trade Agency: New Trade War Deadline Prolongs Instability
Asharq Al-Awsat
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July 8, 2025
The Trump administration's decision to extend a negotiating deadline for tariff rates is prolonging uncertainty and instability for countries, the executive director of the United Nations trade agency said on Tuesday. US President Donald Trump on...
New trade war deadline prolongs instability, UN trade agency says
Yahoo Finance
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GENEVA (Reuters) -The Trump administration's decision to extend a negotiating deadline for tariff rates is prolonging uncertainty and instability for countries, the executive director of the United Nations trade agency said on Tuesday. U.S....
Trump’s new tariff deadline prolongs instability, says UN trade agency
The Globe and Mail
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July 8, 2025
Open this photo in gallery:U.S. President Donald Trump delivers remarks on tariffs at the White House on April 2, 2025. Trump on Monday told 14 countries they now face higher tariffs.Carlos Barria/Reuters The Trump administration’s decision to...
Goïta’s indefinite mandate raises alarm over Mali’s democratic future
Daily Trust
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General Assimi Goïta, Mali’s junta leader, has signed a controversial law granting himself a five-year presidential mandate — renewable indefinitely and without election — sparking widespread concern over the country’s democratic trajectory. The...
Kingdom Of Lesotho: Staff Concluding Statement Of The 2025 Article IV Mission
MENAFN
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July 7, 2025
(MENAFN- African Press Organization) WASHINGTON D.C., United States of America, July 7, 2025/APO Group/ -- Against a backdrop of low growth, high unemployment, and widespread poverty, Lesotho's government-led growth model has long struggled to...
Collateral Registry: A Step Forward For The Economy
MENAFN
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July 7, 2025
(MENAFN- The Post) LESOTHO has latent potential to transform its economy despite the myriad socio-economic challenges it faces. With a weak private sector and limited financial inclusion, many micro, small, and medium-sized enterprises (MSMEs)...