Paintcor Manufacturing Lesotho

Lesotho is a small landlocked developing country whose currency is pegged to that of South Africa. And entirely land locked.

Unemployment itself, productivity, real wages and inflation. affect the countries youth mostly those without a job.

In light of this, Lesotho’s government should promote private sector development, diversify the economy’s markets and invest in human and physical capital development with a view to increase employment.

Unemployment continues to rise. Africa has the largest population of young people in the world, some 200 million aged between 15 and 24, accounting for 60% of all of Africa’s jobless. This is alarming, to say the least because youth employment could drive economic development in Africa if we invest in them.

Im on the verge of opening a paint manufacturing factory in Lesotho, named after the South African origin. Paintcor is the supreme quality manufacturing with the experience of more than 30 years.

The world currently has the largest young population ever. The UN World Population Prospects estimates that in 2020, there will be 1.2 billion young people worldwide, 90% of whom live in the Global South. Most of these young people are located in Asia (60%) and in Africa (21%). 

(ILO) highlights that there are currently 63 million unemployed young people worldwide, while 40 million additional people, mostly youth, enter the workforce every year Moreover, employment no longer guarantees a way out of poverty: 141 million young people worldwide are part of the working poor.

Youth unemployment and sustainable decent job creation is a critical issue. Youth unemployment and lack of opportunities has significant social repercussions and can prevent young people from fully enjoying their rights. Beyond the individual level, it affects the prosperity, stability and equality within a society and a country’s sustainable development.

Lesotho: Youth unemployment, ages 15-24:  Lesotho from 1991 to 2019. The average value for Lesotho during that period was 43.01 percent with a minimum of 33.01 percent in 2019 and a maximum of 52.66 percent in 1997. The latest value from 2019 is 33.01 percent. 

For the last two years i have been in talks with Paintcor manufactures. To come and put up their factory in Lesotho. The co-owner and CEO, welcomed my proposition and visited Lesotho twice. We met with the proper stake holders to secure the license, and space. 

With the current status qou, in Lesotho. Youth in this country need to stop thinking along the lines of going to college or university and eventually getting good paying jobs, and should  become job creators them selves. 

Our definition of supreme quality is: manufactured for durability and designed for luxury. We offer over 50 different products that accommodates  painting and renovating projects from the preparation phase, right through to the finishing touches. 

It’s not just about aesthetics; our products will protect the client property and increase the value too. Doing it right the first time with Paintcor Manufacturers!

Greater technology is able to allow for the preparation and application of paints in a manner of different ways.
Self-Cleaning Paint: A Futuristic Dream Come True
Dealing first with types of paint, the technology now available to scientists is helping them to develop types of paint with new and highly useful properties.

Youth skill sharing and skills development for early work experience, and later as entry-level skills are upgraded. The choices for skills development and the modalities for delivery vary as the transition progresses. 

Workforce development is influenced by (education, apprenticeship and early work experience, labor market programs—including non-formal training programs, that facilitate the operation of labor markets in the the painting and construction Industry.

Labor market that influence the investment climate and jobs creation for youth. Beyond this, there are other forces in the home, the community, and economy that shape the transition to work. 

Paintcor Lesotho will focus on skills development that builds on youth preparedness to first time employment and offers second chance opportunities for those who fail initially to pick the right careers in tertiary education that matches with what is required by the market.

Through the Lesotho National Development Corporation we are asured that bottlenecks such as simplifying the visa regime, water use licensing issues, export tax.

Paintcor is working on a comprehensive plan which sought to address  in partnership with the public and private sector, to unlock the energy and potential of young people. 

The scale of youth unemployment requires bold and urgent action. It requires innovative solutions, extraordinary effort, and an end to business as usual. It requires deep collaboration between the public and private sectors, and decisive measures to make the government work for young people.

The painting industry is valued at R13bn and employs approximately 15,000 people. The market is dominated by decorative paint manufacturing and sales, which account for around 80% of the market, with major players, and brands, including Kansai Plascon Africa and ICI Dulux.

The paint industry in South Africa has continued to adopt manufacturing strategies to meet environmental and other regulations, including the recent move to further reduce the lead content in paint.

The most significant challenges facing the industry are skills shortages and competition from cheap imports.

Paintcor: Products and services will reform your world Our definition of supreme quality is: manufactured for durability and designed for luxury. Since we established over 30 years ago, we have endeavored and succeeded in producing products.

Painting was one of the earliest inventions of mankind, going back to some cave paintings drawn with red or yellow ochre and charcoal tracing back to over 40,000 years ago. We have come a long way since then, from Stone Age man first discovering coloring with rocks and natural materials to the Industrial Revolution right through the introduction of acrylic paints.

 Advances in building technology aren’t limited to such obviously high-tech areas as the Building Internet of Things. 

Paint and other coatings are also seeing gains as manufacturers’ research labs come up with new formulas to solve evolving problems.

Technological innovations in paint are leading to coatings that are faster and easier to apply, last longer, and perform new functions, such as warding off disease and saving energy.

One example is that paint is easier to apply — technology allows for a smooth, even distribution off the roller, which means less time and less fatigue for the workers, and a premium coating can help save money in that department — as well as reducing maintenance expenses in later years.

Another measure that manufacturers have taken to make application simpler is combining primer and top coat. 

Coatings with both paint and primer built in allow consumers and professionals to pick up one single coating product and skip the actual priming step,” said Sidney Maxey, director of research and development at Behr. Two coats of the product still need to be applied, but “it does build primer technology right into the can.

Our quick-drying paint allows a second coat to be applied in an hour, instead of four to six hours, which reduces both labor costs and the time that the interior space is not available to users.

But quick-drying paint is a double-edged sword, according to Glenn Cooper, v If a water-based paint dries extra fast, the time between application and when it is too hard to work. 

For professionals, an open time of three to five minutes is enough for wall paint, for woodwork applications, five to seven minutes is enough. 

The figures speak for themselves: 73.3 million of the 200 million globally unemployed are young people (aged between 15 and 24). 

In two-thirds of European economies, youth unemployment remains above 20%, and more than one in three unemployed young people have been looking for work for more than a year. Work, if it comes, is often below their expectations for a quality job. The Middle East and North Africa have had rates of youth unemployment close to 30% for decades, and these remain the only regions where things have continued to worsen over recent years.

While there is no magic wand that will solve the problem of youth employment globally, there is a great deal that governments, workers and employers can and will be doing to make a difference. 

Several countries have adopted or expanded measures to improve the labour-market integration of young people through targeted interventions. These include labour-market training and work experience, we intend to give intentiships for newly graduated students to gain experience in our firm.

Promoting quality apprenticeships, informal or formal, is another solution for ensuring school-to-work transition

Paintcor is yet to open its operations in Lesotho.

As stated before, the company will focus on greater service through better scheduling, project management, and greater alignment of personnel by providing profit sharing. The company is seeking to use the most up-to-date communications and scheduling technology between the project manager, foreman, suppliers, and operations personnel to insure that deadlines are met. Furthermore, the company will seek to create a reliable pool of individual painters to draw upon and eventually hire all the painters full time with salary and other compensation.

The company also plans to carry out an agressive marketing plan starting in year three. This includes literature, TV, radio, billboards and strategic alliances with other large contractors that do not have their own painting services. These companies include Marble Construction, Talbot Construction and Burns & Associates

Government regulations, access to suppliers and distribution channels, start-up costs, technology challenges, economies of scale, product differentiation, and competitive responses are a few of the key barriers that can keep companies from entering an industry.

Its not an easy task for business startup from entering a market and competing with other businesses. Barriers to entry can include government regulations, the need for licenses, and having to compete with a large corporation as a small business startup.

As an example, the large company is able to produce a large amount of products efficiently and more cost-effectively than a company with fewer resources. They have lower costs because they are able to purchase materials in bulk, and they have lower overhead because they are able to produce more under one roof. The smaller company would simply have a hard time keeping up with that, which can result in them avoiding entering the market altogether.

Barriers to entry can have a negative effect on prices since the playing field is not level and competition is restricted. It’s not really an ideal situation for anyone except the large company that holds the monopoly. However, barriers to entry are not always completely prohibitive.

Lesotho facilitates and promotes and new businesses through the Lesotho National Development corporation. (LNDC)

And assist with company registration, licencing and tax permit. Provide space for factories, we have backing of our sister company in South. Paintcor has comprehensive and detailed marketing plans, which would be difficult for a smaller outfit to put together in terms of time, money, and expertise. 

An established brand will give us the credibility with the public. Very few modern businesses can operate these days without a whole array of technical structures, such as promotional websites, online marketing, and provisions for ordering goods and services online, we will be able to get the existing technology from our sister company as well as reaping the benefits of automated it systems for recording and takings expenses, ordering goods and merchandise for retailing etc.

Advice from experienced professionals to help set up, run, and expand the business

 Training can take up a lot of time and resources.  we are going to get training services for new staff, such as learning sessions, handbooks, and online support for new staff.

Bulk buying power means that we will obtain many goods and services at a lower cost than you would if you were operating an independent business. Contracts with other companies can also be set up at the corporate level for maximum value. Strength through size, oprating under big resilient and independent business can make things easier when it comes to dealing with competition from rival businesses, especially the bigger ones.

Paintcor Manufatures South Africa

Paintcor Manufaturing Lesotho is a startup business and will be employing 200 people when we open for business

Expanding business out from its home country will have the effect of increasing the visibility and therefore brand equity of your name, logo and ethos. we will enjoy a reputation boost from international growth, and your new customers in the target location may perceive your business as having an exotic prestige. 

We will also have a great opportunity to extend the reach of your intellectual property, trademarks and copyrights to new regions.

Paintcor South Africa will be able to secure foreign investment with large concentrations of investment money available in some areas and little in others. Depending on the target country for expansion,  may find that growing the business internationally gives it access to investment capital far beyond that which is available in your original location. 

Paintcor Manufacturing South Africa

Paintcor Manufacturing Lesotho will serve both private and public sector construction related projects, residential and cormmecial customers with multifunctional painting related products, providing reliable high protective durability at a remarkable cost-effective proposition.

Tailored solutions with great R&D skills and providing technical assistance services are the unique benefit accessible to all customers.

The experience and the capability in managing advanced materials and core values, we can deliver to the customers to satisfy their outstanding request.

It delivers tries to satisfy all the customers’ requests and for this purpose Paintcor is constantly growing its know how on smart and functional coatings in order to offer always the best cleantech solution.

Sourcing funds from the local business people and ask the to invest and get some shareholding in return, Gorvenment grunds for small business for youth empowerment innitiatives.

To empower my youth

Paintcor represantative in Lesotho

Lesotho Nationla Development Corporation (LNDC)

Greating more jobs for youth in my country

Panitcor Lesotho will ensure that 40% of our staff is women.

Empower more youth through skill sharing

Will will provide rural based rumerancy and literacy as part of social resposibility

Empower women and children