Gem Diamonds (Belgium)
Nien Hsing Group (Taiwan)
Johnssons (RSA)
South African Breweries (RSA)
Gem Diamonds (Belgium)
Nien Hsing Group (Taiwan)
Johnssons (RSA)
South African Breweries (RSA)
Manufacturing (garment, electronics), mining, services and construction.
A company is a legal entity or person and the liability of shareholders is limited to the number of shares they hold in a company.
Note: One person is also allowed to make a company but will be registered as a Private Company
Registration is done at the One-Stop Business Facilitation Centre (OBFC) under the Ministry of Trade & Industry Cooperatives and Marketing.
Legislation
Companies Act (2011) and Companies Regulations (2012)
3 to 5 working days (a week)
Lesotho has adopted the ILO definition of labour force which states that the labour force comprises of people aged 15 and above and classified as economically active population. By economically active population, we mean all people who supply for the production of goods and services during a specified period. It includes the employed and the unemployed. Lesotho’s workforce has been estimated at 859,896.
The adult literacy rate is the percentage of people aged 15 and above, who can with understanding; read and write a short, simple statement on their everyday life. Lesotho’s literacy rate is one of the highest in Sub-Saharan Africa at 87.4 percent, according to the 2011 Lesotho Demographic Survey. This is strengthened by the fact that government has also introduced free and compulsory primary education for all citizens and this will further improve on the literacy rate.
Lesotho’s labour force comprises of 46% females and 54% males. The people that constitute the labour force are aged between 15 years and above.
Lesotho’s total population life expectancy is estimated at 51.9 years.
Lesotho has a fairly robust health system and health sector development is a priority at the highest levels of government. Lesotho spends $54 per capita on health, which is higher than the $34 per capita required to provide a minimum package of health interventions. Although the HIV pandemic is a structural challenge for Lesotho, requiring long-term, predictable, and sustainable funding, Lesotho has a number of opportunities within its grasp to address this challenge. The continued international goodwill, evidenced by increasing donor contributions for health to Lesotho, strengthens Lesotho’s health system.
There are 372 health facilities in Lesotho comprising of tertiary health care institutions (3), secondary care hospitals (18), primary care centres (305) and pharmacies (46).
There are a total of 2048 educational institutions registered with the Ministry of Education and Training in Lesotho. These institutions are classified as follows: Early Childhood Care and Development (219), Primary (1468), Secondary (326), vocational (23) and tertiary (12). These include multiracial schools and one international school suitable for expatriates. Tertiary institutions produce an annual graduate average of 5100 graduates.
Promotion of FDI into Lesotho
Development of the local private sector
Policy advocacy for improved investment climate
Facilitation for provision of industry support infrastructure
The LNDC offers a host of supportive services which include the following:
No fees are charged for LNDC services. Applicable fees are those standard charges for licenses.
Lesotho’s main trading partners are USA, EU, RSA and China
The Lesotho National Development Corporation (LNDC) is the main parastatal of the Government of Lesotho charged with the implementation of the country’s industrial development policies.
“The mandate of the Corporation is to initiate, promote and facilitate the development of manufacturing and processing industries, mining and commerce in a manner calculated to raise the level of income and employment in Lesotho.” more...
Lesotho National Development Corporation
Block A, Development House, Kingsway Street
Maseru, Lesotho, 100
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