Saturday, March 18, 2006

Lesotho's Economy

Lesotho is one of the poorest counties in the continentwith few resources, water and diamonds.The country'seconomy is based on subsistence farming and animalhusbandry, as well as small-scale industries that includeclothing, footwear, textiles, food processing andconstruction http://www.lesotho.gov.ls/lseconomy.htm. Butwith draughts in the past few years, farming and animalhusbandry have become dusfunctional. Clothing and footwearindustries have thus become the backbone of the economy.Most of these industries are owned by the Chinese and fewIndians. The country provides these industries with cheaplabour.These people work long hours, earn minimum wages andwork under terrible conditions and still remain poor. Thelabour movement is next to non-existance. My point is thecountry does not care for its people. Basotho in thevillages do not have access to clean water, sanitation,electricity and the infrastructure is poor. Since thecountry has limited natural resources, the best thing wouldbe to educate its people so that it can export the skills.In contrast to this, the Basotho leave the country and lookfor greener pastures elsewhere especially in South Africa.The labour department should see to it that the workingconditions are improved and the incentives increase.

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