Lesotho targets 70,000 textile jobs by 2033
Lesotho, Oct. 14 -- Lesotho aims to increase employment in its textile and apparel sector to more than 70,000 workers by 2033 under a new strategy designed to revive the industry, attract investment and diversify export markets.
The strategy, which was presented at a validation workshop, also targets annual exports exceeding US$1 billion, more than US$400 million in new investment and the local processing of at least 20% of the country's wool and mohair.
Monaheng Monaheng: "Factories have closed and families have felt it"
Acting Principal Secretary in the Ministry of Trade, Industry and Business Development, Monaheng Monaheng, said the apparel sector accounts for more than 80% of the country's manufacturing value added, making it a cr...
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