Africa Links 24 with BBC
Published on 2025-04-05 11:10:45
Thursday was a devastating day for people involved in Lesotho’s textile sector as they digested the news that the country’s exports to the United States (US) would be hit by a 50% import tax or tariff.
Teboho Kobeli, who founded Afri-Expo Textiles and employs 2 000 people in the country, could barely disguise his distress as he told the BBC about the impact of potentially losing a huge chunk of the US market because the prices of his goods will have to increase.
The small southern…
Read the Full article on The Namibian
