Across Lesotho, concern is growing over whether corporate governance truly serves the wider public interest, or funnels benefits toward insiders. While Environmental, Social, and Governance (ESG) principles are increasingly discussed, many companies in Lesotho, particularly state-owned enterprises (SOEs) and significant private firms-still fall short in independence, transparency, and stakeholder accountability. Board Composition & Conflicts of Interest Under the Companies Act (2011), directors in Lesotho must exercise fiduciary duties, including loyalty, care, and avoidance of conflicts of interest, but independent non‑executive…Continue reading with a subscriptionSubscribe for full access to every story.Subscribe - M85/monthAlready a subscriber? Sign in
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