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Manufacturing, mining may boost GDP, but stability questioned

Analysts warn of potential economic stall due to tariffs

Workers at the Afri-Expo Textile Factory, which makes clothing for the US market, on the outskirts of Maseru on July 9 2025.
Workers at the Afri-Expo Textile Factory, which makes clothing for the US market, on the outskirts of Maseru on July 9 2025. Workers at a textile factory. (Siyabonga Sishi/Reuters/Siyabonga Sishi/Reuters)

A bounce back in the manufacturing and mining sectors likely provided a fillip to the economy, analysts say.

But tariffs mean growth may not be sustained through the second half of the year and bodes badly for jobs, said Jee-A Van Der Linde, senior economist at Oxford Economics.

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