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Freight industry feeds off growing influx of chain stores

20 Jan 2006 - by Staff reporter
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KEVIN MAYHEW THE INFLUX of major brand chain stores into Lesotho has boosted the freight sector, says the owner of Maseru-based Kay Hil, Hilary Woelk. The industry has grown despite a Lesotho government preoccupation with the textile industry that has fallen on hard times, he says. “However, restrictions on Chinese imports by the EU and US might go some way to restoring textiles as a major industry in the country,” he told FTW. Now into its fifth operational year, Kay Hil handles general freight. Woelk believes that the local economy has come off a series of major setbacks, from the retrenching of miners to the changes in the World Trade Organisation (WTO) rulings that have devastated the country’s textile industry.

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FTW - 20 Jan 06

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