Lesotho mohair industry staggers to its feet as sales resume

Picture: 123RF/THANAPOL KUPTANISAKOM

The first auction conducted by locally owned Maluti Wool and Mohair Centre took place on October 7 and the first shipments of the fibre were made October 17, said David Telford, the company’s MD. Record prices were achieved and farmers will be paid by October 28, he said. “We are trying to get some money back into the system and get the wheels turning. The industry was on its knees,” said Telford, whose company fired 300 workers after the monopoly was awarded to Shi. “We have also suffered, but not as much as the farmers who could not put food on the table.”

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mmusi Mokete's passing leaves Lesotho's health fraternity reeling - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The health fraternity in Lesotho is reeling from the loss of a medical giant. Dr. Mmusi Mokete boasted an illustrious career spanning over 40 years and was bestowed accolades of the highest honour.
Source: SABC News Online - 🏆 32. / 51 Read more »

Adam Lambert supports Lil Nas X: 'It's less taboo to be queer in the music industry now'The singer, who got his start on 'American Idol', spoke about being LGBTQI in the music industry right now.
Source: Channel24 - 🏆 48. / 51 Read more »