THE
PRIVATE SECTOR ADVISORY COMMITTEE MEETING
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PRESS RELEASE PRIVATISATION UNIT 2nd Floor Lesotho Bank Mortgage Division Private Bag A249 Maseru.100 Contact: Makalo Ntšasa Tel:317902 Fax:317551 Email:mntsasa@adelfang.co.za For immediate Release Friday, 29th June 2001 THE PRIVATE SECTOR ADVISORY COMMITTEE MEETING The Private Sector Advisory Committee, which is a body consisting of Government, Trade Unions, Women Associations and the Private Sector Representatives created under the Privatisation Act to advise Government on the implementation of the Privatisation Project, held an important meeting in Maseru on Thursday,29th June, 2001. The meeting discussed the continuing reforms of the Communications Sector as well as the preparations for the privatisation of Lesotho Electricity Corporation. In addition, the Committee reviewed arrangements for the launch of the Lesotho Unit Trust. The Lesotho Unit Trust is new investment vehicle which is being created to enable purchase of shares by the public at large in the already privatised former state companies such as Lesotho Bank, Lesotho Flour Mills, Lesotho Brewing Company, Telecomm Lesotho and Imperial Fleet Services to name a few. This vehicle, whose objective is to fuel economic growth by mobilising local investment in the resources, will be managed by Standard Bank Lesotho Unit Trust. Unit Trusts are investments in which investors’ funds are pooled and managed by professional managers, invested in shares yielding returns, thereby offering investors an opportunity to build real wealth. Standard Bank Lesotho Unit Trust Management will be responsible for the day-to day operations of the Lesotho Unit Trust. The trustee of the Lesotho Unit Trusts will be AON Lesotho, whose role is to protect the interests of the unit holders by overseeing the operators of the management company. The ultimate regulator of the Scheme will be the Central Bank of Lesotho. The Lesotho Unit Trust have advantages of: • Fast and easy access to one’s money; • Low minimum entry levels; • Protection by the Trustee Company; • Easy and flexible investment options; • The prospect of excellent returns. Preparations for the launch of the Unit Trust Scheme which is planned for late July or early August, are already underway, and information on the Scheme in Sesotho and English are being finalised. The Private Sector Advisory Committee will continue to advise on matters of privatisation in the on-going Lesotho Utilities Reform Project. PRESS RELEASE PRIVATISATION UNIT 2nd Floor Lesotho Bank 1999 Mortage Division Bldg Private Bag A249 Maseru.100 Contact: Makalo Ntšasa Tel:317902 Fax:317551 For immediate Release Friday, 29th June 2001 KOPANO EA KOMITI E ELETSANG EA LEFAPHA LA PHETISETSO EA LIKHOEBO TSA ‘MUSO HO BA IKEMETSENG Komiti e eletsang ea Lefapha la Phetisetso ea Likhoebo tsa ‘Muso ho ba Ikemetseng (Private Sector Advisory Committee), e theuoeng tlasa Molao oa Phetisetso ea Likhoebo tsa ‘Muso Sechabeng ho eletsa ‘muso ka ho kenya tšebetsong Morero oa Phetisetso ea Likhoebo Sechabeng e bile le kipano ea bohlokoa e neng e tšoaretsoe Maseru ka Labone la 28 Phuptjane, 2001. Ho ile hoa tšohloa ntsetso-pele ea tlhopho-bocha ea Lefapha la tsa Mehala esita le litōkiso tsa Phetisetso ea Koparasi ea Motlakase ea Lesotho sechabeng. ‘Mokeng ona ho ile hoa seka-sekoa hape le morero o mocha oa ho thakhola Letlole la Matsete a Ikemetseng (Lesotho Unit Trust). Letlole la Matsete a Ikemetseng ke morero o mocha oa ho reka liabo likhoebong tse fetiselitsoeng Sechabeng tse kang tsa Banka ea Lesotho, Leloala le Leholo la Lesotho, Kh’ampani ea Thitelo ea Lesotho, K’hamphani ea Mehala ea Lesotho, esita le Khampahani ea Makoloi eaImperial. Sepheo sa mantlha sa morero ona ke ho fana ka monyetla ho sechaba ho reka liabo likhoebong tse kholo tseo e neng e le tsa ‘Muso. Letlole la Matsete a Ikemetseng ke mokhoa oo matsete a bokelletsoeng sechabeng a tlang ho alosoa ke litsebi, hore a tseteloe moo a tlang ho fana ka tsoala e holimo. Lefapha la Unit Trust Management la Standard Bank Lesotho ke lona le tla jara boikarabelo ba tsamaiso ea matsete ana, ha kh’amphani ea AON Lesotho e tla be e bile e tšireletsa boramatsete. Melemo ea Letlole lena la Matsete a Ikemeteng ke a latelang: • Mokhoa o bonolo oa ho fumana chelete ea hau; • Tefello tse tlase ha u qala ho tsetela; • Tšireletso ea botšoari ba matlotlo; • Mekhoa e bonolo ea ho tsetela; • Tsoala e holimo. Litōkiso tsa ho thakhola morero ona oa Letlole la Matsete a Ikemetseng li reretsoe mafelong a khoeli ea Phuptjane kapa mathoasong a Loetse. Ho ntse ho hlophisoa lipampiri tse ngotsoeng ka Sesotho le Senyesemane tse hlalosang tšebetso ena e ncha ea ho beha matsete. Komiti ena e eletsang ea Lefapha la Phetisetso ea Likhoebo tsa ‘Muso ho ba Ikemetseng, e tla ‘ne e tsoele pele ho eletsa Morerong o ntseng o tsoela pele oa Tlhopho-Bocha ea Litšebeletso tsa Mehala le Motlakase (Lesotho Utilities Reform Project). |
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