Factories Dump Chemicals Into Key Rivers. This is the first of a five-part investigation into chemical pollution by textile factories in Lesotho. This is not just affecting Lesotho. The rivers into which chemicals are being released extend.
More than 6000 textile workers lose jobs: LNDC lestimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lestimes.com Daily Mail and Mail on Sunday newspapers.
Massive job losses loom at Nien Hsing Massive job losses loom at Nien Hsing
MASSIVE job losses are looming at leading textile manufacturer, Nien Hsing International.
This amid revelations that the company will next month retrench at least 2500 workers to manage costs due to the Covid-19 induced slump in demand for denim products. This will leave the company with just 500 workers.
Nien Hsing manager Ricky Chang this week told the
Lesotho Times that the factory was suffering from a serious shortage of orders from buyers.
The factory’s main market is the United States (US) which it has accessed courtesy of the African Growth and Opportunity Act (AGOA) trade concession which allows Lesotho to export products duty-free to that country.