By Neo Kolane
The business community in Maputsoe has established a committee in a bid to address the socio-economic challenges facing their town.
Maputsoe, once regarded as the industrial capital of Lesotho, has faced significant hurdles in realising this vision, leading to a plethora of socio-economic problems, including high rates of unemployment and crime.
According to Maputsoe Business Committee public relations officer Teele Chaka in a statement, over 80 percent of men in Maputsoe are currently unemployed, reflecting the urgent need for intervention.
Chaka says regardless of it arguably being home to the busiest border between Lesotho and South Africa, the lack of job opportunities and support for entrepreneurs is a glaring issue that demands immediate attention.
“The Maputsoe Business Committee is determined to change this narrative and revive the industrial economy of Maputsoe.
“With a holistic approach, the committee aims not only to attract investment and foster economic growth but also to improve lives at all levels and address the pressing issue of crime in our community,” he noted.
He also indicated that the committee aims to advocatefor policies and regulations conducive to a favourable business environment.
The committee also aims to identify and market investment opportunities to local and international investors.
It further seeks to provide support and resources to entrepreneurs and startups, including incubator facilities, mentorship, and training programs, assist small and medium-sized enterprises in accessing financing options through strategic partnerships.
In addition, it is aimed at offering guidance, training, and resources to aspiring entrepreneurs to develop business plans, marketing strategies, and networking opportunities;
Collaborating with educational institutions and vocational training centers to ensure a skilled local workforce;
Working with local authorities to address infrastructure needs that support business growth; and
Organising trade shows, exhibitions, and marketing campaigns to promote locally produced goods and services, Chaka added.
