Wednesday, October 7, 2026
8 C
Lesotho

New board for MCA

‘Mantšali Phakoana

The Minister of Finance and Development Planning, Dr Retšelisitsoe Matlanyane, has introduced the newly-appointed Board of Directors and Chief Executive Officer of the Millennium Challenge Account (MCA) Compact II.

The new CEO, ‘Mannana Phalatse, will lead the implementation of the second compact.

The board’s mandate is to ensure efficient implementation of Compact II within the five-year timeframe set by the Millennium Challenge Corporation (MCC).

The MCA-Lesotho II Authority, established by parliamentary legislation, is responsible for implementing a US$322 million Compact to drive economic growth and reduce poverty in Lesotho as outlined in the Millennium Challenge Compact signed on May 12, 2022.

The board of directors comprises chairperson Maleshoane Lekolomola Dangizer, Selebalo Moeketsi, ‘Matšoanelo Monyobi, Moshe Mosaase, Lisema Lekhooana, and ‘Makhoabane Lelimo.

‘Mabataung Khalane, ‘Matau Futho Letsatsi, Pokello Mahlomola, Makhele Sekati, Lesenyeho Nkopane, Bongiwe Busi, Veronica Sekhibane, Makama Masitha and ‘Mathabo Tsepa are also part of the board.

Hot this week

M-Pesa renews partnership with Maletsunyane Braai Festival 

VCL Financial Services, the operator of M-Pesa in Lesotho, has...

Senqu Basin survey begins

A survey on Senqu River and its major tributaries commenced yesterday and will...

Drones tackle medicine shortage

Government is partnering with United States-based drone delivery company...

20-year marriage ends in bitter court battle

A 20-year marriage has descended into a bitter legal...

LEWA clears way for seven rural mini-grid projects

The Lesotho Electricity and Water Authority (LEWA) has granted...

Topics

M-Pesa renews partnership with Maletsunyane Braai Festival 

VCL Financial Services, the operator of M-Pesa in Lesotho, has...

Senqu Basin survey begins

A survey on Senqu River and its major tributaries commenced yesterday and will...

Drones tackle medicine shortage

Government is partnering with United States-based drone delivery company...

20-year marriage ends in bitter court battle

A 20-year marriage has descended into a bitter legal...

LEWA clears way for seven rural mini-grid projects

The Lesotho Electricity and Water Authority (LEWA) has granted...

‘If democracy can’t put bread on the table, let it go’

Speaker of the National Assembly, Tlohang Sekhamane, has warned...

M400 loan facility struggles for uptake

. . .  only M19m disbursed from IGF so...

RSL trains journalists on tax reporting

Revenue Services Lesotho (RSL) has held a two-day media training workshop under the theme, “Strengthening Tax...
spot_imgspot_imgspot_imgspot_img

Related Articles

Popular Categories

spot_imgspot_imgspot_imgspot_img