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In June 2023, Matekane launched the Entrepreneurship Hub and Seed Financing Facility, an initiative aiming to build 15 Entrepreneurship Support Organizations and incubate 500 start-ups, as well as engage with the diaspora. The total budget of the facility is $52.5M USD, with $45M as a soft loan and $7.5M as a grant, both from the World Bank. [20]
The Cabinet of Sam Matekane is the incumbent coalition government of the Kingdom of Lesotho. It was established on 4 November 2022 following the swearing-in of Prime Minister Sam Matekane on 28 October 2022. It is the fifth coalition government in Lesotho history. [1]
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In June 2020, Mboweni proposed a new austerity policy, to cut the state's wage bill of R160.2 billion over three years and to adopt a Zero-based budget system in order to avoid a sovereign debt crisis in 2024. [14] On 5 August 2021, Mboweni resigned as finance minister. He was succeeded in the post by Enoch Godongwana. [15]
The Lesotho Government is a constitutional monarchy. ... The constitution also protects basic civil liberties, including freedom of speech, association, and the press ...
A speech from the throne, or throne speech, is an event in certain monarchies in which the reigning sovereign, or their representative, reads a prepared speech to members of the nation's legislature when a session is opened. The address sets forth the government's priorities for its legislative agenda, for which the cooperation of the ...
The Ministry of Finance of Lesotho is responsible for the public finances of Lesotho. [1] Ministers of Finance. Benedict Leseteli, 1965-1967 [2]
List of speakers of the National Assembly of Lesotho. The National Assembly was established in 1965 and was preceded by Basutoland National Council . [ 1 ] Walter P. Stanford was the speaker of the National Council from 1961 to 1965. [ 2 ]