Maseru, Aug. 01 – The Lesotho Regulators Forum has signed a multi-institutional cooperation agreement in Maseru, marking a significant step toward improved coordination among the country’s regulatory bodies.
The agreement, signed on Friday, brings together 10 key institutions being the Central Bank of Lesotho (CBL) Directorate on Corruption and Economic Offences (DCEO), Financial Intelligence Unit (FIU) Land Administration Authority (LAA) Lesotho Communications Authority(LCA) Lesotho Electricity and Water Authority (LEWA) Lesotho Mounted Police Service ( LMPS) Lesotho National Development Corporation (LNDC) Revenue Services Lesotho (RSL), and the Ministry of Trade, Industry and Business Development.
Speaking on behalf of the Forum Secretariat, Mr. Pheello Mphana said the agreement is intended to foster collaboration among regulatory bodies, enabling them to exchange ideas and collectively address persistent challenges in the corporate sector…NT/BM
