PSFL calls for legislated SEZ
The Private Sector Foundation of Lesotho has called for the government to enact a dedicated Special Economic Zones Act and establish an autonomous investment authority to modernize the country's investment framework and boost foreign direct investment. The report recommends reforms including land tenure changes, performance-based incentives, and cross-border integration with South Africa's Maluti-a-Phofung SEZ, citing concerns that Lesotho's garment and textile sector remains vulnerable to external shocks and AGOA uncertainty.
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