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Controversial indigenisation law kicks in

47 business sectors reserved for “indigenous” Basotho, foreign investors given a year to wind operations. Bereng Mpaki A CONTROVERSIAL law reserving certain businesses for “indigenous” Basotho will come into effect on 1 August 2022. In an interview this week, the Ministry of Trade and Industry’s public relations officer, Lihaelo Nkaota, said they will begin implementing ....

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