Competition law in lesotho

  • How has the competition policy contributed in promoting competition in South Africa?

    The Competition Act states that its purpose includes promoting competition in order to promote a greater spread of ownership in the economy, in particular, to increase the ownership stakes of historically disadvantaged persons.
    This purpose aligns with the right of equality contained in South Africa's Constitution..

  • Is Lesotho a common law country?

    Lesotho does not have a single code containing its laws.
    It draws them from a variety of sources including: the Constitution, Legislation, Common Law, Judicial precedent, Customary Law and Authoritive texts.
    Lesotho has a dual legal system consisting of customary and general laws operating side by side..

  • What are the sources of law in Lesotho?

    Customary law is made up of the customs of the Basotho, written and codified in the Laws of Lerotholi, whereas general law consists of Roman Dutch Law which is imported from the Cape and Lesotho statutes..

  • What is the competition law in East African Community?

    The EAC Act prohibits, amongst other things, anti-competitive trade practices and abuse of market dominance.
    It provides for notification of mergers and acquisitions, notification of subsidies granted by partner states, and regulates public procurement..

  • What is the competition law in Ghana?

    Ghana's competition law is intended to promote a healthy and equitable market, increase productivity, and end anti-competitive behaviour..

  • What is the dual legal system in Lesotho?

    Lesotho has a dual legal system consisting of customary and general laws operating side by side.
    Customary law is made up of the customs of the Basotho, written and codified in the Laws of Lerotholi, whereas general law consists of Roman Dutch Law which is imported from the Cape and Lesotho statutes..

  • What is the purpose of competition law in South Africa?

    Firstly, it promotes economic growth by encouraging competition, which leads to more efficient markets, lower prices, more choice, and better quality products and services.
    Secondly, it protects consumers by preventing companies from engaging in anti-competitive behaviour that harms consumers..

  • What is the South African competition law?

    The Competition Act sets up three institutions, to be directly involved in its application.
    Each of these institutions—the Competition Commission (“Commission”), the Competition Tribunal (“Tribunal”), and the Competition Appeal Court (“CAC”)—is, to slightly different degrees, independent of the government..

  • The EAC Act prohibits, amongst other things, anti-competitive trade practices and abuse of market dominance.
    It provides for notification of mergers and acquisitions, notification of subsidies granted by partner states, and regulates public procurement.
Lesotho has no competition law or overall competition regulator. The Industrial Licensing Act 1969, which allowed businesses to apply for protection against competition for up to 10 years, was repealed in 2014.
Lesotho has no competition law or overall competition regulator.
Lesotho has no competition law or overall competition regulator.
Of the BLNS (Botswana, Lesotho, Namibia, Swaziland) countries within the SACU community, only Lesotho does not have a competition law or enforcement system.

Does Lesotho have a competition policy?

Lesotho formulated a competition policy back in 2007 with the aim of regulating competition in the economy in order to minimize market failures.
However, the government has not established a competition body in order to ensure that antitrust behavior is challenged.

Does Lesotho impose restrictions on property ownership?

The government of Lesotho is the largest economic player in Lesotho and government expenditure as a percentage of GDP stood at 38.3% in 2019.
During the period under review, Lesotho did not impose any restrictions on people’s ability to acquire, use or sell property.

What is a copyright in Lesotho?

Lesotho’s Industrial Property Act of 1989 and Copyrights Act of 1989 ensure well-defined private property rights, and regulate the acquisition, benefits, use and sale of property.
These acts were further strengthened through the land act of 2010, which was introduced to improve the land tenure system in Lesotho.

Why did the government of Lesotho increase civil society participation?

The government of Lesotho increased civil society participation after years of being accused of side-lining them on national matters.
The government ended up including:

  • civil society organizations in the leaders’ forum
  • which was the body that oversaw preparations for the national reforms.
    • Competition law in lesotho
    Competition law in lesotho
    The economy of Lesotho is based on agriculture, livestock, manufacturing, mining, and depends heavily on inflows of workers’ remittances and receipts from the Southern African Customs Union (SACU).
    Lesotho is geographically surrounded by South Africa and is economically integrated with it as well.
    The majority of households subsist on farming.
    The formal sector employment consist of mainly female workers in the apparel sector.
    While male migrant laborers work primarily as miners in South Africa for 3 to 9 months and employment in the Government of Lesotho (GOL).
    Half of the country's population work in informal crop cultivation or animal husbandry.
    Lesotho

    Lesotho

    Country in Southern Africa, within the border of South Africa

    Lesotho, formally the Kingdom of Lesotho, is a landlocked country in Southern Africa.
    As an enclave of South Africa, with which it shares a 1,106 km border, it is the only sovereign enclave in the world outside of the Italian Peninsula.
    It is situated in the Maloti Mountains and contains the highest peak in Southern Africa.
    It has an area of over 30,000 km2 (11,600 sq mi) and has a population of about 2 million.
    Its capital and largest city is Maseru.

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