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An analysis of the competitiveness of Lesotho’s wool and mohair industry

Dissertation (MSc Agric (Agricultural Economics))--University of Pretoria, 2020.

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Other Authors: Jordaan, Daniel du Plessis Scheepers
Format: Thesis
Language:English
Published: University of Pretoria 2020
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access_status_str Open Access
author2 Jordaan, Daniel du Plessis Scheepers
author_browse Jordaan, Daniel du Plessis Scheepers
author_facet Jordaan, Daniel du Plessis Scheepers
collection Thesis
dc_rights_str_mv © 2019 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Dissertation (MSc Agric (Agricultural Economics))--University of Pretoria, 2020.
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institution University of Pretoria (South Africa)
language English
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license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2020
publishDateRange 2020
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publisher University of Pretoria
publisherStr University of Pretoria
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spelling oai:repository.up.ac.za:2263/75641 An analysis of the competitiveness of Lesotho’s wool and mohair industry Jordaan, Daniel du Plessis Scheepers skhotso1@gmail.com Khotso, Senate Jacobina UCTD Competitiveness analysis Wool industry Mohair industry Lesotho Agricultural investment Land acquisition Trade advantage Natural disasters Climate change Skilled labor Policy recommendations Export market Agricultural economics Natural and agricultural sciences theses SDG-11 SDG-11: Sustainable cities and communities Natural and agricultural sciences theses SDG-13 SDG-13: Climate action Natural and agricultural sciences theses SDG-15 SDG-15: Life on land Natural and agricultural sciences theses SDG-17 SDG-17: Partnerships for the goals Dissertation (MSc Agric (Agricultural Economics))--University of Pretoria, 2020. Climate change, poor technological and information developments, fluctuations in exchange rates, access to credit, infrastructure, etc. threaten resources, endowments, and skills and technology development opportunities, especially in sectors like agriculture, which is most vulnerable to changes in underlying conditions. Consequently, there is a consistent need to assess the competitiveness of businesses, supply chains, sectors, countries and regions to inform public sector policy making and private sector strategy. Having acknowledged the importance of competitiveness through studies covered in Chapter Two of the dissertation, it is crucial for Lesotho’s most important commodities to undergo such analysis for the betterment of the stakeholders and Lesotho as a whole. This study analysed the competitiveness of the wool and mohair industry of Lesotho, which is one of the primary and strategic sectors in the country. The consequences of rangeland degradation, poor handling standards of wool and mohair, and declining production in Lesotho raise questions about the sector’s competitiveness in a global market for the products. The main purpose of the research was to establish the competitiveness status of the industry against other wool and mohair producing countries, and discover contributing or inhibiting factors to the status. The Relative Trade Advantage (RTA), designed by Vollrath (1991), was employed to evaluate the status of the industry. Through the use of Porter’s Diamond Model, the study gathered and analysed the perceptions of farmers to determine the factors that affect competitiveness of the industry. The study discovered that the five most prominent factors that drive Lesotho’s wool and mohair industry competitiveness are strongly enforced rules at the shearing sheds, rules governing the association, collective action, prevalence of competition for high quality products, and availability of skilled labour. Conversely, crime, climate change, occurrences and effects of natural disasters, disease outbreaks, and a lack of trust in government officials’ to full their responsibilities are those factors that have a detrimental effect on the competitiveness of Lesotho’s wool and mohair industry. The research finds that the existence of unfavourable factors within the industry does not affect the competitiveness status and, therefore, the industry is considered to have a competitive advantage against pertinent countries, based on the Relative Trade Advantage (RTA). Therefore, efforts promoting the enhancing factors would help the industry to maintain and/or promote its competitiveness status. Serious provisions, on the other hand, are recommended for eliminating the constraining factors. Possible strategies in this regard include: implementation of trade tax policies that cater for the industry products, reforms or amendments of marketing and trading regulations of the commodities, and policies that foster skill, innovation and technological development. Additionally, the involvement of farmers in decision-making may help improve their awareness and understanding of the business environment. Lastly, private-sector development is a necessity for the industry to guarantee proper channels for information and resource dissemination. CMAAE es2025 Agricultural Economics, Extension and Rural Development MSc Agric (Agricultural Economics) Unrestricted SDG-11: Sustainable cities and communities SDG-13: Climate action SDG-15: Life on land SDG-17: Partnerships for the goals 2020-08-12T08:39:38Z 2020-08-12T08:39:38Z 2020-09-30 2020 Dissertation Khotso, SJ 2020, An analysis of the competitiveness of Lesotho’s wool and mohair industry, MSc Agric (Agricultural Economics) Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/75641> S2020 http://hdl.handle.net/2263/75641 en © 2019 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Competitiveness analysis
Wool industry
Mohair industry
Lesotho
Agricultural investment
Land acquisition
Trade advantage
Natural disasters
Climate change
Skilled labor
Policy recommendations
Export market
Agricultural economics
Natural and agricultural sciences theses SDG-11
SDG-11: Sustainable cities and communities
Natural and agricultural sciences theses SDG-13
SDG-13: Climate action
Natural and agricultural sciences theses SDG-15
SDG-15: Life on land
Natural and agricultural sciences theses SDG-17
SDG-17: Partnerships for the goals
An analysis of the competitiveness of Lesotho’s wool and mohair industry
title An analysis of the competitiveness of Lesotho’s wool and mohair industry
title_full An analysis of the competitiveness of Lesotho’s wool and mohair industry
title_fullStr An analysis of the competitiveness of Lesotho’s wool and mohair industry
title_full_unstemmed An analysis of the competitiveness of Lesotho’s wool and mohair industry
title_short An analysis of the competitiveness of Lesotho’s wool and mohair industry
title_sort analysis of the competitiveness of lesotho s wool and mohair industry
topic UCTD
Competitiveness analysis
Wool industry
Mohair industry
Lesotho
Agricultural investment
Land acquisition
Trade advantage
Natural disasters
Climate change
Skilled labor
Policy recommendations
Export market
Agricultural economics
Natural and agricultural sciences theses SDG-11
SDG-11: Sustainable cities and communities
Natural and agricultural sciences theses SDG-13
SDG-13: Climate action
Natural and agricultural sciences theses SDG-15
SDG-15: Life on land
Natural and agricultural sciences theses SDG-17
SDG-17: Partnerships for the goals
url http://hdl.handle.net/2263/75641