lesotho news

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4 documents pour lesotho news
  • While service firms account for much of southern Africa's economic growth and new jobs, export strategies in the region have rarely focused on this "invisible" sector. Countries need to be more sensitive to the fact that trade in services exists and represents enormous economic opportunities, including between countries in the South. With that aim, ITC organized a "Bridges across Borders" meeting for service sector associations from nine countries in southern Africa. Representatives from the association exchanged information about their markets and prospected for business opportunities for their firms. The Government of South Africa will review its incentive program to ensure that the service sector receives the lion's share. To facilitate cooperation, ITC organized 616 bilateral consul...

    ...Some "prime-time" national news bulletins featured interviews with participants an... over 500,000 members in Angola, Botswana, Lesotho, Malawi, Mozambique, Namibia, South Africa, Swazil...

  • The global financial crisis is not like a tsunami, giant wave sweeping everything in its path, but rather like a series of smaller waves with their impact accumulating over longer periods. Some developing countries will be impacted much more severely than others, but nobody will remain unaffected. The trade and investment impact will accumulate, with reduced remittances and fewer workers migrating. According to the IIF, the level of private capital likely to be invested in developing countries in 2009 will be down by 82%, relative to 2007. Two key variables in the official assistance scenario for developing countries are the flow of overseas development assistance and the availability of International Monetary Fund credits. Despite G-20 measures and fiscal stimulus across a number of ma...

    ... single emerging economy - for examplei Lesotho and South Africa (81 per cent) or Nepal and India ...

  • Construction, transportation and financial services have good potential for regional cooperation and development due to firms with export experience and business opportunities in new regional transport networks. The Southern African Development Community (SADC) Protocol in Transport shows the potential for growth, with ten transport corridors under way in the region. Trade in services in Africa is growing fast. African exports of commercial services jumped 46% in two years, according to the World Trade Organization. Remigius Makumbe, Executive Secretary of SADC, said the organization was committed to creating an enabling environment for regional trade and was making progress in fostering intra-regional connectivity.

    ... countries were Angola, Botswana, Burundi, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibi...

  • African countries stand to gain from completing the current round of WTO negotiations. ITC is helping developing countries re-engage in world trade talks through a series of regional workshops that bring business and government together to assess their gains and sharpen negotiating strategies. Business in developing countries is advocating strongly for a return to the negotiating table, but it is an often-neglected voice in trade talks. ITC's Business for Development workshops help business leaders make their case with government negotiators and contribute to more targeted national negotiating positions. The series got off to a successful start in Nairobi (30-31 March), where participants from eastern and southern Africa discussed their expectations from the Doha Development Round of gl...

    ... from 12 countries - Botswana, Kenya, Lesotho, Malawi, Mozambique, Rwanda, South Africa, Swazila...



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