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Global 21 fourth quarter 2015

Spotlight Lesotho In addition to this, Lesotho as a member of the Southern African Customs Union is part of a bigger regional market that includes South Africa. Our geographical location facilitates our strong position as part of the regional and global supply chain. Lesotho has just witnessed positive developments in the automotive sector. We particularly see opportunities in the manufacturing, mining and agro processing sectors. We have put together a dynamic framework of incentives that make us a competitive destination. The cost of doing business in Lesotho is competitive and we have built a reliable infrastructure that includes a cost-effective utility regime. We are convinced that our economic future depends on how well, as government, we facilitate the integration of our local business community into our FDI strategy. An inclusive investment strategy driven by Basotho will ensure economic sustainability and growth. My message therefore is that the Lesotho government is fully committed to ensuring that Basotho are an integral part of this growth strategy and to this we are putting in place incentives aimed at facilitating partnerships between local investors and Pakalitha Mosisili was returned to power earlier this year after a previous 12-year stint as Prime Minister foreign investors. Technologies for Economic Development Technologies for Economic Development (TED) is a Lesotho-based NGO registered in 2004 with the objective to develop, implement and provide education on sustainable development at all levels of society. TED designs and implements environmentally friendly projects in: ■ Sanitation: biogas technology is used for decentralised wastewater treatment to protect drinking water resources; to produce energy; and to sanitise organic waste. TED provides WASHEducation (water and sanitation as a human right) emphasising the need to invest in WASH for environmental, social, health and economic benefi ts. ■ Energy: promoting RE technologies, as Lesotho has the potential to use wholly renewable energy through solar, hydro and wind sources. TED endorses energy-effi cient technologies, promoting indigenous tree and grass planting for biodiversity conservation to prevent soil erosion, which is also caused by unsustainable over-harvesting of biomass. More than 70 per cent of Basotho rely on biomass for cooking and heating. Ms Mantopi Martina de Porres Lebofa, Director and Founder of TED TED provides consultancy, training and capacity development TED works with government, other CSOs and the private sector for sustainability and promotes a multi-sectoral approach in the implementation of projects. www.ted-biogas.org four 18 l www.global -br ief ing.org th quar ter 2015 global


Global 21 fourth quarter 2015
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