Lesotho must anchor her economic turn-around plans after the Coronavirus (Covid-19) pandemic on empowering domestic investors, the recently appointed Minister of Trade and Industry, Thabiso Molapo, has said.
Dr Molapo spoke to Lesotho Times (LT) reporter Bereng Mpaki to articulate his vision for the ministry.
Molapo: I am still familiarising with the ministry as I have just come in, but what is obvious is that the business sector has been ravaged by Covid-19 and the economy has also been hit hard.
I believe part of the reason why we are struggling with the negative economic impact of Covid-19 is because we have left a large portion of our economy in the hands of foreign investors who may not be as committed to supporting the citizens during this difficult time of Covid-19.
LT: You spoke about the need to empower indigenous business people through supporting home-grown economic development.