The government of Lesotho through the Cabinet Sub-Committee on Wool and Mohair has on Wednesday this week awarded brokers and auctioneering licenses to five local and South African companies.
The companies are Maluti Wool and Mohair Centre which has been awarded wool and mohair brokering and auctioneering licenses; Frasers for wool and mohair shearing and bulking storage licenses; OVK for wool and mohair brokering and auctioneering licenses; BKB for wool and mohair brokering and auctioneering licenses as well as Highlands Veterinary Services for wool and mohair brokering and auctioneering licenses.
Speaking at the press conference held in Maseru, the Minister of Small Businesses, Cooperatives and Marketing, Chalane Phori said the awarding of the licenses followed interviews that were conducted on Monday this week by companies that had applied.
He said the awarding of licenses was aimed at affording wool and mohair farmers alternative brokers form their produce rather than restricting them to one broker. He said this was per Prime Minister Thomas Thabane intervention and instruction in the wool and mohair impasse that saw some farmers failing to get their payments while some got their payments too late.