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 / Lesotho
LESOTHO News:
20050909
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Lesotho
- "Lesotho
c.bank sees oil price slashing GDP growth." ... "High
oil prices will cut Lesotho's economic growth this year to just 0.9 percent
from an earlier forecast of 3.5 percent, a fresh blow for the tiny country
hit by food shortages and AIDS, the Central Bank said." ... "The bank said
the oil price surge could push inflation above the current 3.4 percent,
further hitting living standards in a country where most people are below
the international poverty standard of $1 per day and where more than 30
percent of the adult population is infected with HIV/AIDS." -By
Ntsau Lekhetho -Reuters
20050819
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Lesotho
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- 
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- "Brain
drain hurts Lesotho AIDS fight - UN official." ...
"The brain drain drawing Africa's nurses to the West has hobbled the fight
against HIV/AIDS in Lesotho, a tiny kingdom where up to 30 percent of adults
already have the virus, a U.N. official said on Friday." ... "Stephen Lewis,
the U.N. special envoy for AIDS in Africa, said Lesotho's battle against
AIDS highlighted problems in the international community's response to
the disease in Africa, home to some 25 million of the world's total estimated
37.8 million people living with HIV." ... ""The problem now is human capacity.
Lesotho has a problem of nurses. Lesotho like other African countries is
struggling with brain drain to countries such as Britain and Canada," he
said." -By Ntsau Lekhetho
-Reuters
20050706
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Lesotho
-
 Global
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- 
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- "Lesotho
loses from global trade shift." ... "Long before
dawn, the rush to Lesotho's textile factories starts through the darkness
of the southern hemisphere winter." ... "Forty thousand people, almost
all of them women, are wrapped in coats to keep them warm in the bitter
cold." ... "Inside the factories, the hours are long. The workers only
earn $38 (£20) a week, making clothes, mostly for the US market."
... "In recent years, Lesotho has gone through an industrial revolution.
A nation of cattle-herders and farmers was transformed by the global economy."
... "But the garment industry is now struggling. Two years ago factories
opened every month." ... "But the Chinese and Taiwanese owners have now
gone home, after China was given better access to US markets and a fall
in the US dollar." ... "This year several factories have closed. Thousands
of jobs have gone." -By Barnaby Phillips -BBC
/News
20050112
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Lesotho
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-
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-
 Malaysia
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- "Lesotho
textile workers lose jobs: Six foreign-owned textile
factories have closed in Lesotho, leaving 6,650 garment workers jobless,
union officers told the AP news agency." ... "Factory Workers Union secretary
general Billy Macaefa blamed the closures on the end of worldwide textile
quotas." ... "The quotas for developing nations, ended on 1 January, gave
them a set share of the rich countries' markets." ... "They also limited
the amount countries like China could export to the big markets of the
United States and EU." ... "He [Billy Macaefa] said the six factories were
Leisure Garments, Modern Garments, Precious Six Garments, TW Garments,
Lesotho Hats and Vogue Landmark." ... "The owners - two from Taiwan, two
from China, one from Mauritius and one from Malaysia - left over the December
holiday period without informing or paying their employees, he said."
-BBC /News
20040303
-
"Prince
Harry: Lesotho 'Needs Help'." ... "Britain's Prince
Harry, on a two-month working trip to Lesotho, said Wednesday the tiny
African kingdom needed help as it battles poverty, AIDS and a punishing
drought." ... ""It's not a place that everybody really knows about," Harry
told reporters at an orphanage about 62 miles south of the capital Maseru,
one of a series of charity projects Harry has taken on since arriving in
the landlocked country on February 13." -By By Joseph
Oesi -Reuters
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