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Arrangements are in progress to include Government-owned shares of the
Lesotho Brewing Company which were acquired by the Government of Lesotho
from the Commonwealth Development Corporation (CDC) in the Lesotho Unit
Trust. The shares which in total amount to a ten per cent shareholding
(10%) in the LBC were acquired by the Government of Lesotho for the
Lesotho Unit Trust in accordance with the policy objectives of the
Government of Lesotho to facilitate Basotho private sector investment in
the former parastatal companies. The Management of Lesotho Unit Trust is
finalising arrangements with the Privatisation Unit on the acquisition
of the Government shares in the historically profitable company. Plans
are afoot to include shares of other profit making privatized companies
such as Imperial Fleet Services Lesotho (Pty) Ltd in the Lesotho Unit
Trust to enable investment by the Basotho private sector.
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