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PRESS RELEASE

The GTZ Mission in Lesotho

The Central Bank of Lesotho is in the process of improving and strengthening its operations in the field of microfinance by reviewing policy and legal framework. In pursuit of this objective, the Bank has requested technical assistance from GTZ and African Regional Agricultural Association (AFRACA) to develop a policy on microfinance, review the microfinance legislation and enhance the capacity of the Central Bank to supervise the sector. A Mission of two consultants, one from Germany and the other from Kenya has arrived in Maseru to undertake this assignment. During its stay in the country, it will have discussions with all relevant players as well as collect the necessary material. The Mission will leave Lesotho on 01 April 2005.

Chief, Public Relations

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