Jump to content
Main menu
Main menu
move to sidebar
hide
Navigation
Main page
Recent changes
Random page
Help about MediaWiki
Special pages
Niidae Wiki
Search
Search
Appearance
Create account
Log in
Personal tools
Create account
Log in
Pages for logged out editors
learn more
Contributions
Talk
Editing
Maseru
(section)
Page
Discussion
English
Read
Edit
View history
Tools
Tools
move to sidebar
hide
Actions
Read
Edit
View history
General
What links here
Related changes
Page information
Appearance
move to sidebar
hide
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
==Economy== [[File:Uptown Maseru.jpg|thumb|View from Main North 1, uptown Maseru at dusk]] The commerce in the city is centred on two neighbouring [[central business district]]s, which have developed around Kingsway and serve as major employment centres. The western business district holds larger office buildings, department stores and several banks. The eastern business district hosts mainly smaller businesses, markets and street vendors.<ref name="cities" /> The central business districts are the largest employment centres within the city.<ref name="cities" /> Maseru's economy is one that is growing at a very rapid speed,<ref>{{Cite web |title=New report reveals Maseru generates half of Lesotho's GDP {{!}} United Nations Economic Commission for Africa |url=https://www.uneca.org/stories/new-report-reveals-maseru-generates-half-of-lesotho%E2%80%99s-gdp |access-date=2024-06-22 |website=www.uneca.org}}</ref> which is notable particularly in terms of foreign investment and tourism since independence from Britain, and economic ruin when political violence broke out in 1998. Since the riots, the city has worked hard to undo the damage caused. Maseru's industry is split into two main areas. The one to the north of the central business districts along Moshoeshoe Road holds flour mills and other major companies. The other industrial sector lies to the south of the central business districts, at the Thetsane district, and houses mainly textile and footwear companies.<ref name="cities" /> Up until 2004 Maseru had a growing textile industry supported by and invested in by Chinese manufacturing concerns. Since the expiration of the [[Multi Fibre Arrangement]] the textile industry in Lesotho has diminished.<ref>{{cite journal|title=Lesotho: The Promise of Africa|author=Peete Monolapo|journal=Foreign Policy|issue= 162|date=September–October 2007}}</ref> The city's products once included [[candle]]s, [[carpet]]s and mohair products but these have been overshadowed by South African industries.
Summary:
Please note that all contributions to Niidae Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Encyclopedia:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Search
Search
Editing
Maseru
(section)
Add topic