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 NEWS
 CENTRAL BANK OF LESOTHO  CELEBRATES ITS  25TH ANNIVERSARY !!

PRESS RELEASE

The Central Bank of Lesotho shall celebrate its 25th Anniversary on Friday 28th January 2005 at its headquarters, starting at 8.00 A.M., on which occasion the Right Honourable the Prime Minister shall deliver a keynote address. Invited local guests shall include the Honourable Ministers, the Diplomatic Corps, and other senior Government Officials. International guests include governors of central banks in the SADC region, Kenya, Uganda, as well as leaders of other collaborative institutions such as the Chairperson of the Association of African Central Banks (AACB), and the Executive Director of the Macroeconomic & Financial Management Institute of Eastern and Southern Africa (MEFMI), as well as representatives of international financial institutions such as the International Monetary Fund (IMF). Former Governors and Deputy Governors of the Central Bank of Lesotho have also been invited. On this occasion which shall be marked by traditional singing and dancing, thirteen (13) staff members shall receive awards for 25 years of dedicated service to the Bank. The public is also invited although space is limited. The theme of the celebrations is “Two and Half Decades of Experience and Growth”.

This occasion shall be preceded by a Symposium to be held on Thursday 27th January 2005 at the Maseru Sun Hotel, starting at 9.00 A.M. The theme of the Symposium is “The Role of the Central Bank in Macroeconomic Stability, Growth and Poverty Reduction: Have we won the Battles but not the War?” The Honourable Minister of Finance and Development Planning, Mr. Timothy Thahane shall officially open the occasion. The keynote address shall be delivered by Dr. Andrew Mullei, the Governor of the Central Bank of Kenya, while discussants shall be the Governor of the Bank of Malawi, the Deputy Governor of the Bank of Zambia, and the Economic Advisor to the Governor of Uganda.

Invited guests include leaders of the local banking and non-banking financial institutions, the business community, academics, as well as senior Central Bank of Lesotho officials.

For further information, please contact:

Mr. Thato Mohasoa at 22314281 ext. 2139 or 58708000

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