Why Lesotho’s new Trade and Tariff Law could reshape the country’s economic future

MASERU — Quietly and with little public debate, Parliament has introduced a law that could fundamentally change how Lesotho protects its industries, manages imports, and positions itself in the regional economy. The Trade and Tariff Administration Bill, 2024, once operational, will give government new powers to investigate imports, impose protective duties, and regulate strategic exports. In effect, it equips Lesotho with tools long used by more industrialised economies to defend domestic production and shape economic development. At stake is nothing less…Continue reading with a subscriptionSubscribe for full access to every story.Subscribe - M85/monthAlready a subscriber? Sign in Advertisement ...