Press Releases

Trade minister states Lesotho shifts away from US market

(MENAFN) Lesotho is actively moving away from relying on the US as a major export destination due to high tariffs and changing buyer preferences, according to Mokhethi Shelile, the country’s Minister of Trade, Industry, and Small Business....

South Africa Presents No Threat to US Economy

(MENAFN) South Africa has dismissed suggestions that it presents any commercial risk to the United States’ economy or national interests, stating that Washington’s assertions about a “trade deficit” fail to account for American advantages in...

Lesotho Announces Two-Year Disaster Due to 30 Percent Jobless Rate

(MENAFN) Lesotho has announced a two-year state of disaster in response to soaring unemployment triggered by a steep U.S. tariff introduced under President Donald Trump. Deputy Prime Minister Nthomeng Majara declared the emergency after the...

Lesotho Declares State of Disaster Over Unemployment

(MENAFN) Lesotho has announced a two-year state of disaster in response to soaring unemployment rates triggered by US President Donald Trump’s April decision to apply a 50 percent tariff on imports from the African country. This drastic measure...

U.S. Tariffs Threaten African Economies

(MENAFN) A Ghanaian economic analyst has warned that African nations are set to experience harmful effects due to the current tariff conflict instigated by the United States. Leslie Dwight Mensah, an economist affiliated with the Institute for...

Undernutrition crisis: how Lesotho’s infants are falling behind

FAYETTEVILLE, GA, UNITED STATES, July 24, 2025 /⁨EINPresswire.com⁩/ -- A revealing new study has uncovered a critical public health concern in Lesotho: widespread undernutrition among children aged 6 to 24 months. Researchers found stark...

U.S. Tariffs Crush Developing Countries’ Trade

(MENAFN) The International Trade Centre (ITC) executive director underscored on Tuesday the escalating repercussions of U.S. trade policies on developing economies, now 90 days after Washington temporarily halted its planned "reciprocal" tariffs....

Trade, Industry and Competition on agreement with Lesotho to enhance trade and investment

The Department of Trade, Industry and Competition (the dtic) and the Lesotho’s Ministry of Trade, Industry and Business Development have agreed to enhance trade and investment, to advance shared interests. This emanated from a meeting which was...

Lesotho formally accepts Agreement on Fisheries Subsidies

DG Okonjo-Iweala said: "I deeply appreciate Lesotho's commitment to the WTO and to supporting the implementation of this historic agreement. We are now very close to breaking new ground in safeguarding livelihoods and food security and securing...

Deepening Trade Relations and Entrepreneurial Collaboration through the 3rd EU–African SME Summit In Johannesburg

The summit aims to catalyse long-term cooperation, especially in the context of the AfCFTA and EU Global Gateway JOHANNESBURG, GAUTENG, SOUTH AFRICA, June 15, 2025 /⁨EINPresswire.com⁩/ -- Contact: tiekie@shiftimpact.africa |...

We are deepening our trade and investment ties across Africa

Dear Fellow South African, This week I am attending the Africa CEO Forum in the Ivorian capital, Abidjan, where we are showcasing our country’s potential as a premier investment and trade destination. We are also supporting South African firms as...

Deputy Minister Sello Seitlholo leads South African delegation to ORASECOM Climate Resilient Investment Conference in Lesotho, 8 May

Deputy Minister Seitlholo to lead a South African delegation to the ORASECOM Climate Resilient Investment Conference in Lesotho Deputy Minister of Water and Sanitation, Mr. Sello Seitlholo, will lead the South African delegation to the...

Statement on the Cabinet meeting of 3 September 2025

A. Issues in the environment 1. Economy 1.1. National Freight Rail Network 1.1.1. Cabinet welcomed the announcement by the Transnet Rail Infrastructure Manager (a division of Transnet) of the new Train Operating Companies (TOCs). This major...

Nigerian reporter claims tariffs won’t fix US economic issues

(MENAFN) Nigerian journalist David Hundeyin has criticized the U.S. government's reliance on tariffs to address its economic challenges, arguing in an interview with RT that such measures fail to tackle the country’s underlying structural issues....

Trump`s trade strategies spells catastrophe for this zone

(MENAFN) During his April 2, 2025 'Liberation Day' speech, U.S. President Donald Trump announced a push for reciprocal tariffs aimed at major global trade partners. Marketed as a strategy to defend American manufacturing and shrink the trade...

Water and Sanitation on signing of MoU with Lesotho for another water resources development framework

The Republic of South Africa and the Kingdom of Lesotho today signed a Memorandum of Understanding (MoU) on another water resources development project for the benefit of the two countries. The agreement seeks to see the two countries establish a...

President Cyril Ramaphosa undertakes Working Visit to the Kingdom of Lesotho, 23 Apr

President Cyril Ramaphosa will tomorrow, Wednesday, 23 April 2025, undertake a Working Visit to Maseru, Lesotho, to Co-Chair the Second Session of the Bi-National Commission (BNC) between the Republic of South Africa and the Kingdom of Lesotho,...

President Cyril Ramaphosa: Second Session of the Lesotho-South Africa Bi-National Commission

Your Excellency Prime Minister Matekane, Honourable Ministers, Our respective High Commissioners, Senior Government officials, Members of the media, Ladies and gentlemen, Your Excellency, Thank you for your warm words of welcome. It is an honour...

North West Economic Development, Environment, Conservation, and Tourism on inaugural Lobelo la Dipitsi traditional horse racing

The inaugural Lobelo la Dipitsi Traditional Horse Racing event, held at Bloomtech Lodge in Vryburg this past weekend, has successfully celebrated North West Province’s rich cultural heritage while stimulating local economic growth. The event was...

Volaris Automotive Acquires Britehouse Automotive, Expanding Its Footprint in the Automotive Software Solutions Market

TORONTO, March 17, 2025 (GLOBE NEWSWIRE) -- Volaris Automotive, an acquirer of specialized software companies serving the automotive industry, today announced the acquisition of Britehouse Automotive, a prominent developer of innovative automotive...