PRESS RELEASE
PRIVATISATION UNIT
2nd Floor
Lesotho Bank, Mortgage Division Bldg.
Private Bag A249
Maseru 100
Contact: Makalo Ntsasa
Tel: 317902 Fax: 317551
E-mail: mntsasa@adelfang.co.za
For immediate release
Thursday, 6th September, 2002
PRIVATISATION OF MARAKABEI LODGE
1. The Government of Lesotho and MCM Enterprises signed a Sale Agreement
to give effect to the privatisation of Marakabei Lodge in keeping with
Government’s Policy of restructuring the economy by individual private
sector participation.
2. The signing of the Sale Agreement follows approval of the Government
of Lesotho for the sale of Marakabei Lodge to MCM Enterprises for the
amount of M340, 000.00 that was granted in November 2001.
3. MCM Enterprises is a local company owned by a Mosotho businessman Mr.
Mosuoe Moteane. Up to now, Marakabei Lodge has been sub-leased by the
Government to MCM Enterprises since April 1998 after initial efforts to
sell the lodge had been unsuccessful as the bids received were found to
be too low. The Lodge had been non-operational from 1992 until when it
was sub - leased to MCM Enterprises in April 1998 under the
privatisation programme.
4. MCM Enterprises expressed interest to purchase the Lodge in 2000, as
a result the Lodge was readvertised for sale. In response one bid was
received from MCM Enterprises and the Government entered into
negotiations accordingly.
5. The intention of the new owners is to develop the Lodge, which is
strategically placed along the scenic mountain route between Ha Mohale
and Katse. The sale of the Marakabei Lodge is in line with the
Government policy of encouraging Basotho entrepreneurs to participate in
the shareholding of privatised companies.
THEKISO EA NTLO EA BAETI EA MARAKABEI LODGE
1. ‘Muso oa Lesotho o tekenetse tumellano ea ho rekisa ntlo ea baeti ea
Marakabei Lodge le khamphani ea Mosotho ea MCM Enterprises maobane.
Tumellano ena e latela Leano la ‘Muso la Tlhopho-Bocha ea Moruo ka ho
kenyeletsa likhoebo tse ikemetseng.
2. Tekenelo ena e latela kananelo ea ‘Muso ea Thekiso ea Marakabei Lodge
ho MCM Enterprises ka chelete e kalo ka Maloti a Makholo a Mararo le
Mashome a mane a likete (M340, 000.00). Thekiso e ananetsoe ke ‘Muso
khoeling ea Pulungoana ngoahola. MCM Enterprises ke khamphani ea
rakhoebo oa Mosotho e leng Monghali Mosuoe Moteane.
3. Ntlo ea Baeti ea Marakabei Lodge e ne e ile ea lula esa sebetse ho
tloha selemong sa 1992 ho fihlela khoeling ea ‘Mesa 1998, moo e ileng ea
hirisetsoa MCM Enterprises tlasa Morero oa Phetisetso ea Likhoebo tsa
‘Muso Sechabeng.
4. MCM Enterprises e bontšitse thahasello ea ho reka Marakabei Lodge ka
selemo sa 2000, kamora hore Thekiso ea Ntlo ena ea Baeti e phatlalatsoe
lekhetlo la bobeli maselinyaneng. Ke moo ho bileng le moikêti a le mong
e leng MCM Enterprises, ‘me lipuisano le ‘Muso mabapi le thekiso ea
khoebo ena tsa tsoela pele.
5. Bokemisetso ba mong’a Marakabei Lodge ke ho ntlafatsa Ntlo ena ea
Baeti, e lutseng sebakeng se khahlang mahlo ka hare ho maloti a Lesotho
pakeng tsa Letamo la Mohale le la Katse. Leano la ‘Muso oa Lesotho ke ho
khothaletsa Basotho ho nka karolo phetisetsong ea likhoebo tsa ‘Muso
sechabeng.
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