{"id":60275,"date":"2025-08-12T06:46:29","date_gmt":"2025-08-12T06:46:29","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/lesotho-regulators-unite-to-strengthen-national-oversights"},"modified":"2025-08-12T07:08:34","modified_gmt":"2025-08-12T07:08:34","slug":"lesotho-regulators-unite-to-strengthen-national-oversights","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/lesotho-regulators-unite-to-strengthen-national-oversights","title":{"rendered":"Lesotho Regulators unite to strengthen National oversights"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Lesotho. <\/strong><\/span>To reaffirm their dedication to strengthening institutional cooperation and enhancing regulatory oversight, Revenue Services Lesotho (RSL) has officially signed the Multi-Institutional Cooperation Agreement, forming the Lesotho Regulators\u2019 Forum.<\/p>\n<p>The forum consists of 10 institutions: RSL and nine key bodies in Lesotho \u2013 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 (The Corporation), and the Ministry of Trade, Industry and Business Development (MTIBD).<\/p>\n<p>The signing event, led by the RSL, marks a major milestone in the country\u2019s efforts to build a secure, compliant, and enabling environment for inclusive economic and social development.<\/p>\n<p>Speaking at the official signing ceremony, RSL Commissioner General and Co-Chair of the forum, Mathabo Mokoko, emphasised that the agreement represents not only a formal collaboration but also a shift in regulatory thinking.<\/p>\n<p>\u201cThis agreement reflects a recognition that we are stronger when we stand together,\u201d she noted. \u201cIt is not just about compliance; it is about building trust with the public and the private sector, creating an environment where businesses can thrive and the rule of law is upheld.\u201d<\/p>\n<p>\u201cThis agreement is a testament to the commitment of all regulators present today,\u201d said Mokoko. \u201cOur goal is clear, to create an ecosystem where cooperation leads to better enforcement, reduced risks, and a more secure economic environment.\u201d<\/p>\n<p>Mokoko highlighted that the objectives of the agreement include:<\/p>\n<p>Enhancing regulatory efficiency and coherence: By working together, the participating institutions aim to align their mandates and avoid duplication of efforts.<\/p>\n<p>Sharing critical information: Open and timely exchange of intelligence and insights will help mitigate emerging risks and close regulatory gaps.<\/p>\n<p>Conducting joint investigations and training: Through collaborative enforcement and joint capacity-building initiatives, regulators will strengthen their ability to detect and respond to violations.<\/p>\n<p>Harmonising enforcement approaches: The forum aims to develop consistent regulatory standards across sectors, ensuring that entities operating in Lesotho are subject to clear and coordinated oversight.<\/p>\n<p>LCA CEO Nizam Golam, in his remarks, said the forum will work very hard as those leading the program to ensure its success.<\/p>\n<p>\u201cThe forum will have positive outcomes, it will see to it that when one reaches a certain institute they are not asked the same information they were asked at another institute since it will already be in their systems,\u201d said Golam.<\/p>\n<p>The Lesotho Regulators\u2019 Forum is expected to meet regularly to assess progress, share data, and align strategies. Its formation comes at a critical time, as global and regional financial systems become more integrated, and local regulators are under pressure to modernise their frameworks.<\/p>\n<p>One of the key themes at the event was the importance of adaptability and cooperation when facing new threats.<\/p>\n<p>Motlotlo Matela from LAA said one major challenge they face is documentation of leases, noting that many Basotho\u2019s leases are incorrect, which is why they joined the forum.<\/p>\n<p>\u201cSome of them are forged, I believe that working together with all institutions will put an end to that,\u201d said Matela.<\/p>\n<p>In an interview with Informative Newspaper, members of the public also shared their views on the forum\u2019s formation.<\/p>\n<p>\u201cI think this is a good idea,\u201d said Thato Mofolo, a small business owner in Maseru. \u201cSometimes it is confusing when different institutions give you different information. If they work together, maybe it will be easier for us to do business without unnecessary delays.\u201d<\/p>\n<p>\u201cWhat matters most is how serious they are about working together,\u201d said Palesa Lebitsa. \u201cIf they share information and stop corruption, it could really help the country move forward.\u201d<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Lesotho<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Lesotho. To reaffirm their dedication to strengthening institutional cooperation and enhancing regulatory oversight, Revenue Services Lesotho (RSL) has officially signed the Multi-Institutional Cooperation Agreement, forming the Lesotho Regulators\u2019 Forum. The forum consists of 10 institutions: RSL and nine key bodies in Lesotho \u2013 the Central Bank of Lesotho (CBL), Directorate on Corruption and [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":60274,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[245],"class_list":["post-60275","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-lesotho"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Lesotho Regulators unite to strengthen National oversights - Lesotho<\/title>\n<meta name=\"description\" content=\"To reaffirm their dedication to strengthening institutional cooperation and enhancing regulatory oversight, Revenue Serv ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/lesotho-regulators-unite-to-strengthen-national-oversights\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lesotho Regulators unite to strengthen National oversights\" \/>\n<meta property=\"og:description\" content=\"To reaffirm their dedication to strengthening institutional cooperation and enhancing regulatory oversight, Revenue Serv ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/lesotho-regulators-unite-to-strengthen-national-oversights\" \/>\n<meta property=\"og:site_name\" content=\"Lesotho\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-12T06:46:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-12T07:08:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2025\/08\/sm_1754966169.969016.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"400\" \/>\n\t<meta property=\"og:image:height\" content=\"266\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/lesotho-regulators-unite-to-strengthen-national-oversights#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/lesotho-regulators-unite-to-strengthen-national-oversights\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Lesotho Regulators unite to strengthen National oversights\",\"datePublished\":\"2025-08-12T06:46:29+00:00\",\"dateModified\":\"2025-08-12T07:08:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/lesotho-regulators-unite-to-strengthen-national-oversights\"},\"wordCount\":625,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/lesotho-regulators-unite-to-strengthen-national-oversights#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2025\/08\/sm_1754966169.969016.jpg\",\"keywords\":[\"Lesotho\"],\"articleSection\":[\"all news\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/lesotho\/all-news\/lesotho-regulators-unite-to-strengthen-national-oversights#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/lesotho-regulators-unite-to-strengthen-national-oversights\",\"url\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/lesotho-regulators-unite-to-strengthen-national-oversights\",\"name\":\"Lesotho Regulators unite to strengthen National oversights - 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