Road Fund hosts stakeholder meetings

Road Fund hosts stakeholder meetings


MASERU – THE Road Fund is currently conducting one-on-one engagement meetings in a bid to improve relations amongst stakeholders.
The meetings began last month and are due to end tomorrow.

Road Fund Public Relations Officer, Phumla Moleko, said they depend on their stakeholders to deliver on their mandate as they influence and impact on their performance and delivery of results.
Road Fund Chief Executive Officer, Nkekeletse Makara, said their mandate is presented and discussed in order for the stakeholders to comprehend what the Fund is tasked to do.
The meetings also discussed the current relationship between the two agencies and how they could improve ways of engagement and communication.
They also discussed expectations from each agency and the challenges they are facing.

The stakeholders ended by mapping of the way forward.
The Road Fund is scheduled to hold meetings with stakeholders which are the Road Implementing Agencies namely the Roads Directorate, Maseru City Council and the Ministry of Local Government.

The other stakeholders include the streams where the Fund collects revenue which include the Department of Traffic and Transport, Lesotho Revenue Authority, Traffic Police as well as Oil Companies.

Moleko said the government’s ministries and departments that the Fund works with will also be engaged.
That includes the Minister of Finance, Accountant General, Auditor General and Director of Energy.
The Road Fund which was established by Legal Notice No.179 of 1995 and operationalized by the Finance (Road Fund) Regulations 2012 is dedicated to the funding and maintenance of roads.
Moleko said the main reason for establishing the Fund, like many other countries in the world, was to shift the burden of financing maintenance of Lesotho’s road infrastructure from general taxes collected by the central government to road user fees, and to close the persistent financing gaps that characterized road maintenance prior to the establishment of the Fund.

Tokase Mphutlane

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