Letšeng Diamond pumps M13m into scholarships

Letšeng Diamond pumps M13m into scholarships

MASERU – Letšeng Diamond Mine chief executive officer, Kelebone Leisanyane, says the company has pumped close to M13 million in educational scholarships to Basotho students since 2006.
Leisanyane was speaking at a function in Maseru last Friday to award more scholarships to new students. The company also gave meritorious awards to some graduates.
Leisanyane said the mine resolved to give out the scholarships to deserving Basotho students as part of the company’s corporate social responsibility and investment initiatives (CSRI).

He said that programme was provided for under Section 8.3 of the new mining agreement the company signed with the government.
Leisanyane said the other goal of Letšeng’s CSRI programme is to support the government to address social and economic challenges.
He said Letseng’s approach to CSRI is to establish good relations with the community in which they operate.

Leisanyane said the CSRI sub-committee of Letšeng board consults with the Ministry of Mining and the National Manpower Development Secretariat annually.
He said the idea is to determine the area of study students must pursue that is related to the development of Lesotho’s natural resources.

He said the areas to be supported are identified based on the skills needed within the company and at national level.
“The selection process is then followed to identify worthy students to be the company’s ambassadors,” Leisanyane said.
The mine supports studies which include Mining Engineering, Geology, Mechatronics and Mineral Survey.

Leisanyane said the students are given 24 months practical training at the mine.
He said this is to ensure that they are adequately prepared for the job market.

He said his company gives preferential employment to students who have successfully completed their studies under the scholarship programme.
So from 2006, they have offered 43 scholarships and out of these, 40 students have since graduated while 22 have been employed on a full-time basis by the mine.

He said eight students are on internship and one is continuing with his studies while two are new recipients.
Rethabile Molumaela, who was amongst the graduates, said Letšeng Diamond Mine gave them a great opportunity to acquire the necessary skills that will help them support the growth of the economy.
Minister of Mines Temeki Ts’olo urged the students to grab the opportunity for their personal development.
Ts’olo encouraged the students to work hard so as to acquire the necessary skills that will be useful back home in various sectors of the economy.

Refiloe Mpobole

Previous Economy grows by 0.1 percent
Next Family seeks closure after son is swept away by river

Warning: count(): Parameter must be an array or an object that implements Countable in /home/thepostc/public_html/wp-content/themes/trendyblog-theme/includes/single/post-tags-categories.php on line 7

About author

You might also like

Local News

‘Corruption pulling Lesotho down’

Lemohang Rakotsoane MASERU – CORRUPTION, HIV/AIDS and a serious mismatch of skills are among key factors contributing to Lesotho’s low economic growth. This was revealed by Dr Maluke Letete, a

Business

Central Bank gives back to Qiloane council

Lemohang Rakotsoane THABA-BOSIU   THE Central Bank of Lesotho (CBL) last week handed over new offices to the Qiloane council in Thaba-Bosiu as a thank-you gesture for donating a piece

Business

Bank officials charged over M5.3 million theft

Staff Reporter MASERU – TWO senior Lesotho Post Bank officials are facing charges of stealing M5.3 million from the bank. The two are being together with their relatives and a