Search Results for: Lesotho

BARACK Obama seems ready to accept an extension of the African Growth and Opportunity Act (AGOA) for another 15 years before it expires in 2015, but sub-Saharan African textile manufacturers might have mixed feelings.

African ambassadors in Washington DC have been under strict instructions from their governments to lobby the United States Congress to renew the law, forming an ambassadors’ AGOA working group led by Ethiopian ambassador Girma Birru.…

BY WACHIRA KIGOTHI, IN NAIROBI, AND WANG FANGQING, IN SHANGHAI

China’s powerful clothing and textile industry is looking for continued growth in sub-Saharan Africa, whose local manufacturers and brands are worrying about how to deal with the competition.

According to William Gumede, a senior research fellow at the University of Witwatersrand’s school of public and development management in South Africa, Chinese domination of Africa’s textile markets and its industry has promoted significant job losses.…

BY MARIANI DEWI

BRANCH campuses of established western universities can be major prizes for emerging market higher education systems – but attracting these institutions is not easy, even for economically dynamic countries such as Malaysia.

There are still only six branch campuses in this south-east Asian country.…

BY BILL CORCORAN

SOUTH African and Chinese investors have joined forces with the government of the tiny mountain kingdom of Lesotho to develop Africa’s largest renewable energy project at an estimated cost of around US dollars USD15 billion over the next 15 years.…

BY ALISON MOODIE

THE SOUTHERN African knitwear industry has taken a serious knock over the past decade. Tough Chinese competition, a global recession and as regards the regional powerhouse South Africa – an overvalued currency – these are just some of its problems.…

BY ALISON MOODIE

SUB-SAHARAN Africa is still struggling to make its way in the global textile and clothing industry – but companies are convinced that without the USA’s African Growth and Opportunity Act (AGOA) the outlook would be bleaker. One decade ago this May, this tariff preference programme was launched by the US: it gives qualifying African countries zero tariff exports for the huge US market – and statistics show that the sub-Saharan textile and clothing industry has benefited.…

BY BILL CORCORAN and ALAN OSBORN

IT is now some five years since a group of London-based multinationals, among them British American Tobacco (BAT), set up a group aimed at improving the conditions for doing business with and through Africa – named the Business Action for Improving Customs Administration in Africa (BAFICAA) initiative.…

BY KEITH NUTHALL

A YEAR of struggle would be the best way to sum up 2009 as far as the global clothing and textile industry is concerned. The depth and severity of the worldwide recession left many clothing and textile companies reeling, even impacting upon China, which had previously been dominating global markets.…

BY KEITH NUTHALL

EUROPEAN Union (EU) import duties on sugar imported from Mozambique, Lesotho, Swaziland and Botswana are to fall following a trade deal signed between these countries and the EU. Sugar is a dominant part of commerce between these countries and Europe.…

BY KEITH NUTHALL

UNITED Nations experts have said the global food price crisis continues, despite the global recession and linked oil price falls. Economists from the UN Food and Agriculture Organisation (FAO) told a World Trade Organisation agriculture committee meeting its global food price index is still 51% higher than in September 2006, albeit at its lowest for nine months.…