World Trade

The rand is legal tender in Lesotho and Namibia, but not in Swaziland, although it circulates freely. For flexibility purposes, and to accomodate country-specific needs, each of the LNS countries entered into a bilateral monetary agreement with South Africa to supplement the MMA. ... A derogation for textiles and clothing has been granted to ...

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Last Thursday marked the announcement of a set of landmark agreements among leading apparel brands, a coalition of labor unions and women's rights advocates, and a major apparel supplier to combat gender-based violence and harassment in Lesotho's garment sector. These enforceable agreements—with Levi Strauss & Co., The Children's Place, and Kontoor …

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Lesotho | Africa Energy Portal

Real GDP is projected to grow by 0.9% in 2018/19 and 1.2% in 2019/20, supported largely by increased diamond exports and a strong rebound in construction of the Lesotho Highland Water Project Phase II. Growth will also benefit from emerging opportunities for the textile and clothing industry created by the South African market.

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Lesotho - United States Department of State

In recent years, FDI inflows have been mainly driven by investments in mining, textiles and apparel, manufacturing, construction, and water. Lesotho currently enjoys temporary trade incentives under the United States' African Growth Opportunity Act (AGOA). There are concerns as to how the export market will perform when AGOA expires in 2025.

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Many employees in the textile sector—Lesotho's largest formal employer—face obstacles when attempting to join unions. In August 2020, Bull Clothing fired more than 200 workers for participating in a June strike action, during which police reportedly used excessive force.

Lesotho - United States Department of State

The National Clothing Textile and Allied Workers Union, which separated from FAWU, was active. Since 2018 the three largest unions–IDUL, United Textile Employees, and the National Clothing Textile and Allied Workers Union–worked together to address workers' issues, resulting in stronger collective bargaining.

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