EENI Global Business School & University
Business in Lesotho, Maseru

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Syllabus of the Subject: Foreign Trade and Business in Lesotho. Maseru (Course, Master).

  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 of Lesotho
  5. Lesotho Customs and Excise Administration
  6. 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
  7. Case Study:
    1. Lesotho Highlands Water Project
    2. Exporters’ guide to the preferential trade arrangements applicable to Lesotho
    3. Lesotho Textile Industry
  8. Lesotho National Development Corporation
  9. Access to the Market
  10. Business Plan for Lesotho
  11. History of 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 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

EENI Global Business School & University, Masters

The Subject “Doing Business in Lesothobelongs to the following Online Higher Education Programs taught by EENI Global Business School:
  1. Doctorates: African Business, Global Trade
  2. Masters: Business in Africa, International Business, Foreign Trade
  3. Course: Business in Southern Africa

Online African Students (Masters, Doctorates)

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

Credits of the Subject “Foreign Trade and Business in Lesotho”: 0.5 ECTS Credits

EENI Online Masters and Doctorates in International Business adapted to the Lesotho, Master Doctorate Business Basotho Students.

Example of the Subject - Doing Business in Lesotho:
Master Course: Business in Lesotho

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Description of the Subject: Doing Business in Lesotho.

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

  1. The Kingdom of 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, Swaziland, Namibia and South Africa (the South African rand as a common currency)

More information about Lesotho (African Portal - EENI Global Business School).

Africa: Foreign Trade and Business (Master)

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).

Foreign trade of Lesotho:
Foreign trade of Lesotho

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.

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 Customs Union (SACU, Master)

Free Trade Agreements (FTA) and Preferential Access of Lesotho:

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

Custom Union of the Southern African Development Community

EFTA-Southern African Customs Union (SACU) Free Trade Agreement (Course)

Lesotho is a member of:

  1. African Union (AU)
  2. Convention on Preventing and Combating Corruption
  3. African Development Bank
  4. Economic Commission for Africa (ECA)
  5. New Partnership for Africa's Development (NEPAD)
  6. Forum India-Africa-Lesotho
  7. Forum China-Africa-Lesotho
  8. Africa-South America Summit (ASA)
  9. International Monetary Fund (IMF)
  10. World Custom Organisation
  11. World Bank (WB)
  12. World Trade Organisation (WTO)
  13. Multilateral Investment Guarantee Agency (MIGA)

COMESA-EAC-SADC Tripartite Agreement (Master Africa)

SADC-European Union Free Trade Agreement (Course)

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