The Lesotho National Development Corporation (LNDC) is set for a major leadership shake-up, Lesotho Tribune has learned. Reliable sources within the LNDC board confirm that Acting CEO Molise Ramaili will vacate his post on 31 October 2025, paving the way for Thabo Khasipe to assume the position of substantive Chief Executive Officer.
Outgoing CEO – Molise Ramaili
Ramaili, an advocate by training, was first appointed to lead the LNDC in an interim capacity in 2021. He holds an LLB from the National University of Lesotho and began his career at Horn & Van Rensburg Attorneys in Bloemfontein before returning to Lesotho. Prior to joining LNDC, he built corporate experience in both the banking and telecommunications sectors – roles at companies such as Vodacom Lesotho, the Water and Sewage Company (WASCO), and major financial institutions including First National Bank Lesotho, Letshego and Lesotho PostBank. During his time at the LNDC, Ramaili has emphasised the need for inclusion of youth and women in Lesotho’s development agenda and has been a visible voice on the investment front.
He leaves behind unfinished Parliamentary Public Accounts Committee (PAC) directives, including firing...
