EENI Global Business School

Trade and Business in Lesotho, Maseru

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Syllabus of the Subject: Foreign Trade and Business in Lesotho. Maseru

  1. Introduction to the Kingdom of Lesotho (Southern Africa)
  2. Doing Business in Maseru
  3. Economy of the Kingdom of Lesotho (Switzerland of Africa)
  4. Foreign Trade (Import, Export) of Lesotho
    1. Access to the Port of Durban (South Africa)
    2. Lesotho Customs and Excise Administration
  5. Business and Investment Opportunities in Lesotho
    1. Textile and garment sector
    2. Plastic products
    3. Leather and footwear
    4. Consumer electrical and electronic appliances
    5. Food processing and beverages
    6. Mining
    7. Environmental projects
    8. Energy
    9. Health sector
    10. Infrastructure development
  6. Case Study:
    1. Lesotho Highlands Water Project
    2. Exporters’ guide to the preferential trade arrangements applicable to Lesotho
    3. Lesotho Textile Industry
  7. Lesotho National Development Corporation
  8. Access to the Market
  9. Business Plan for Lesotho

The objectives of the subject “Foreign Trade and Business in the Kingdom of Lesotho” are the following:

  1. To analyse the economy and foreign trade (Import, Export) of Lesotho
  2. To know the business opportunities in the Kingdom of Lesotho
  3. To explore the Lesotho's trade relations with the country of the student
  4. To know the Free Trade Agreements of Lesotho
  5. To develop a business plan for the Lesotho's market

Sample - Foreign Trade and Business in Lesotho:
International Trade and Business in Lesotho

The Subject “Foreign Trade and Business in Lesotho” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:
  1. Doctorates: African Business, World Trade
  2. Masters: Business in Africa, International Business, Foreign Trade
  3. Course: Business in Southern Africa

Online African Students (Masters, Doctorates, Foreign Trade, International Business)

Learning materials in Courses, Masters, Doctorates in International Business and Foreign Trade in English or Study, Course Master Doctorate in International Business in French Lesotho Masters Foreign Trade in Portuguese Lesoto Study Master Doctorate in International Business in Spanish Lesoto

Credits of the subject “Foreign Trade and Business in Lesotho”: 1 ECTS Credits

Masters and Doctorates in Global Business adapted to the Lesotho, Masters, Doctorates, Courses, International Business, Foreign Trade Basotho Students.

Online Diploma: Business in Southern Africa

Description: Foreign Trade and Business in Lesotho.

Lesotho: “Switzerland of Africa.” An African monarchy and landlocked country.

Online Education (Courses, Masters, Doctorates): African Economic Integration

Free Trade Agreements (FTA) and Preferential Access of Lesotho

  1. Lesotho and the Southern African Economic Area
  2. Southern African Development Community (SADC)
    1. European Union-SADC Free Trade Agreement (FTA)
  3. COMESA-EAC-SADC Tripartite Agreement
  4. Southern African Customs Union (SACU)
    1. India-Southern Africa Customs Union (SACU) Agreement
    2. EFTA-Southern African Customs Union (SACU) Free Trade Agreement (FTA)
    3. United Kingdom-SACU and Mozambique Economic Partnership Agreement
    4. MERCOSUR-Southern African Customs Union (SACU) Preferential Trade Agreement
  5. African Continental Free-Trade Area (AfCFTA)
  6. Preferential market access arrangements with Australia, Canada, the European Free Trade Association (EFTA), Japan, New Zealand, Turkey, and the United States
  7. European Union-Lesotho:
    1. Africa-European Union Strategic Partnership (Cotonou Agreement)
    2. Generalised System of Preferences (EU-GSP)
  8. United States-Lesotho: African Growth and Opportunity Act (AGOA)

Southern African Customs Union (SACU): Botswana, Lesotho, Namibia, South Africa, and Eswatini (Swaziland)

Online Education (Courses, Masters, Doctorates): Trade Facilitation Programs. TFA Agreement

COMESA-EAC-SADC Tripartite Agreement, Ethiopia, Kenya, Libya, Malawi...

Online Education (Courses, Masters, Doctorates): African Instituions (AU, AFDB, AUDA-NEPAD, UNECA)

Custom Union of the Southern African Development Community

The Kingdom of Lesotho

  1. Lesotho (Africa) is a monarchy
  2. Mosotho Capital: Maseru (393,000)
  3. Borders of Lesotho: South Africa
  4. Mosotho Area: 30,355 square kilometres
  5. Population of Lesotho: 2.2 million people
    1. Bantu
  6. The main languages are Sesotho, Zulu, and English
  7. Currency of Lesotho: Loti (plural Maloti)
  8. Independence from the United Kingdom in 1966
  9. The currency of Lesotho: Loti and South African Rand
  10. The Rand Monetary Area is formed by Lesotho, Eswatini (Swaziland), Namibia and South Africa (the South African rand as a common currency)

More information about Lesotho (EENI African Portal).

Main religion in Lesotho: Christianity.

  1. African Traditional Religions
  2. Christians (90% of the population)
    1. Protestants (45%)
    2. Catholics (45%)

Lesotho belongs to the Southern African Economic Area (African Civilisation).

Online Education (Courses, Masters, Doctorates): Christianity and Global Business (Catholicism, Protestantism)

Foreign trade of Lesotho:
Foreign trade of Lesotho

We Trust in Africa (Affordable Higher Education for Africans) Kenya, Nigeria, Sudan, Ghana, Tanzania, Cameroon, Egypt...

Economic Profile of Lesotho.

  1. Lesotho has a Free market economic system
  2. GDP growth rate: 6.5%. 4.4% average since 2003.
  3. Manufacturing: 10.3% of the GDP
  4. Service industries: 53%
  5. Agriculture: 10.3%
  6. Inflation of Lesotho: 5.9%
  7. Unemployment in Lesotho: 25%
  8. The main resource: water
  9. The main economic activities of Lesotho are farming and animal husbandry, clothing, footwear, textiles, food processing, and construction
  10. Most dynamic sectors of Lesotho are real estate and services

Lesotho Textile Industry.

  1. The United States Growth and Opportunity Act (AGOA) is one of the reasons for the textile industry growth; today Lesotho is one of the top African garments exporter to the U.S. market (340 million dollars)
  2. Textile exported products to the Southern African Customs Union (SACU) members are exported without taxes
  3. More than 40,000 people work in this sector, mainly woman
  4. Global brands like Wal-Mart or Pepe Jeans has facilities in Lesotho
  5. Lesotho Textile Exporters Association is the main employer association

Lesotho Highlands Water Project is one of the largest projects in Africa. In this bi-national project (Lesotho and South Africa) working near 2,500 people.

Lesotho National Development Corporation is the institution of the Government of Lesotho that design and implements the industrial development policy.

European Free Trade Association (EFTA)-Southern African Customs Union (SACU) Free Trade Agreement (FTA)

International Trade of Lesotho:

  1. Imports: 89% of Lesotho's imports comes from South Africa, other import partners are the Southern African Development Community (SADC) countries
  2. Exports. The main export markets of Lesotho (86%) are South Africa and the United States
  3. The European markets represent 21% of exports

Nearest port: Port of Durban (South Africa).

  1. Distance from Durban to Maseru: 552 kilometres

Southern African Development Community (SADC)-European Union Free Trade Agreement (FTA)

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