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WORLD
BANK SUPERVISION MISSION MARCH, 2003
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A World Bank Supervision Mission has been in Lesotho from Monday 3rd
March 2003 to review the progress of the Lesotho Utilities Reform
Project. While in Lesotho the Mission has had wide ranging meetings
beginning with the Privatisation Unit who are the Implementing Agency
for the Project as well as with the line ministries of Communications in
respect of Telecommunications Sector and of Natural Resources for
Electricity. They also held meetings with Ministries of Finance and of
Development Planning. The Missions consultations culminated with
meetings with the Minister of Natural Resources Mr. Monyane Moleleki,
and the Minister of Finance and Development Planning Dr. Timothy Thahane.
The main focus of the Supervision mission has been restructuring of
Lesotho Electricity Corporation where there has been a detailed review
of the strategy for involvement of the private sector in the future
operations of the Corporation and how access in rural areas can be
accelerated. Related issues such as the establishment of the Lesotho
Electricity Authority were also condidered. The new strategy is expected
to bring investment resources and improve efficiency in the Sector.
It is expected that shortly there will be more detailed notices on the
agreed outcomes of the Supervision mission when the formal documents
have been approved and signed.
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© 2002- Privatisation Unit - Lesotho |
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