Trade is critical to Lesotho’s future and a driving force for economic growth. An enabling environment for trading is one that allows faster, fairer, more predictable, and transparent processing and clearance of imports and exports—all at the lowest cost to the traders. The Lesotho Trade Information Portal is part of the country’s Trade Facilitation Program led by the Ministry of Trade and Industry (MTI) and the Lesotho National Development Corporation (LNDC), and supported by the World Bank Group.
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HOW TO EXPORT/IMPORT IN A FEW EASY STEPS
Maseru- 3rd December 2020, The Ministry will launch National Trade Policy and National Export Strategy on 10th December 2020 at Avani Lesotho at 11:30.The National Trade Policy framework (NTP framework) is a strategic development tool with specific focus and clear directives to guide both public and private in the promotion of domestic and international trade. The NTP framework has been developed in the context of Lesotho’s 2020 Vision and the National Strategic Development Plan II. It provides transparent guidelines to implement the GOLs trade agenda and identifies goals aimed at advancing Lesotho’s development for all investors, both domestic and foreign....Read
Maseru, 14th October 2020: The Lesotho Revenue Authority (LRA), today held a news conference intended to announce and explain the process that will be followed as the Authority implements the Government – Sponsored Rent Relief Subsidy. The rent subsidy is meant to assist businesses that are struggling as a result of the COVID- 19 pandemic national lockdown....Read
Maseru, 18 March 2020: The Lesotho Revenue Authority (LRA) wishes to inform the general public that due to the rapid spread and severity of the Coronavirus, the Government of the Republic of South Africa resolved, to close all Non- Commercial Borders between Lesotho and South Africa, effective from Monday 16th March 2020. ...Read
THE Lesotho National Development Corporation (LNDC) is establishing the country’s maiden special economic zone (SEZ) in Mafeteng. A special economic zone is a business area with different business and trade laws from the rest of the country. SEZs help countries to fast track investment flows, job creation and effective administration. SEZs are characterized by unique financial policies in terms of taxation, quotas, customs duties and labor regulations....Read
Lesotho National Development Corporation (LNDC) has been scored atop position as a winner from Southern Africa during the Annual Investment Meeting (AIM) Investment Awards 2020 for the Project - Pure Salmon (8F Asset Management). The award was announced during an award ceremony hosted by AIM meeting on Thursday the 22nd October 2020 in Dubai, UAE....Read
MEMBERS of the Southern African Development Community (SADC) have been urged to prioritise economic sectors with higher job creation prospects in the post COVID-19 period. This was highlighted during a recent online meeting of the SADC Business Council, a body of private sector and business associations in the SADC region....Read