{"id":1223808,"date":"2022-10-13T17:43:13","date_gmt":"2022-10-13T17:43:13","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/10\/13\/who-is-sam-matekane-lesothos-wealthy-businessman-who-ruled-at-the-polls\/"},"modified":"2022-10-13T17:43:13","modified_gmt":"2022-10-13T17:43:13","slug":"who-is-sam-matekane-lesothos-wealthy-businessman-who-ruled-at-the-polls","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/10\/13\/who-is-sam-matekane-lesothos-wealthy-businessman-who-ruled-at-the-polls\/","title":{"rendered":"Who is Sam Matekane, Lesotho\u2019s wealthy businessman who ruled at the polls?"},"content":{"rendered":"<p><\/p>\n<div>\n<p><img decoding=\"async\" src=\"https:\/\/image-prod.iol.co.za\/16x9\/800?source=https:\/\/xlibris.public.prod.oc.inl.infomaker.io:8443\/opencontent\/objects\/66ec798a-d533-51cd-b5f1-52be2e97e842&amp;operation=CROP&amp;offset=0x448&amp;resize=2048x1151\" class=\"type:primaryImage\"\/><\/p>\n<p>Sam Matekane\u2019s Revolution for Prosperity (RFP) party, a party set up only six months ago, won 56 out of 120 seats in Lesotho\u2019s Parliament in recent elections.<\/p>\n<p>This is according to final results published by the southern African country\u2019s electoral commission.<\/p>\n<p>Lesotho is a constitutional monarchy with a population of 1.88 million. Under the constitution, the king is head of state but does not actively participate in political activities.<\/p>\n<p>Lesotho\u2019s main challenges<\/p>\n<p>\u2013  Widespread corruption and nepotism.<\/p>\n<p>\u2013  Climate change challenges which affects food production and agriculture.<\/p>\n<p>\u2013 Political instability<\/p>\n<p>\u2013 Growing poverty<\/p>\n<p>\u2013  Employers often cite low productivity, especially in the manufacturing sector.<\/p>\n<p> \u2013 The impact of the HIV epidemic is also a serious challenge for employers and employees alike.<\/p>\n<p>\u2013  The business community in Lesotho also cites the lack of adequate physical infrastructure, such as good road infrastructure and electricity.<\/p>\n<p><strong id=\"strong-74ae34c5b826db92aa770569eb2d86a0\">Who is he Sam Matekane?<\/strong><\/p>\n<p>\u2013  He is the owner of the Matekane Group of Companies, with business interests in aviation, construction, mining, property sectors.<\/p>\n<p>\u2013 He owns Lesotho\u2019s only private owned airline Maluti Sky that started operating in 2017, according to AFP.<\/p>\n<p>\u2013 New to politics, Matekane is well regarded in business circles, and made his money in the diamond, construction and transport industries.<\/p>\n<p>\u2013  He is a Board Member of Meso Diamond Pty Ltd.<\/p>\n<p>\u2013 Meso Diamond Pty Ltd evaluates and develops diamond projects in sSub-Saharan Africa. The company holds a prospecting license in the Kingdom of Lesotho, according to Bloomberg reporting.<\/p>\n<p>\u2013  He is one of the investors, co-founder and partner of a cannabis processing facility in Lesotho.<\/p>\n<p>\u2013  He was named the richest citizen of Lesotho with a net worth of $10 billion.<\/p>\n<p>\u2013  In 1986 he launched himself in business as a sole proprietor operating a brick manufacturing business in Lesotho, according to the Lesotho Times.<\/p>\n<p>The 64-year-old businessman says it has been a long journey that took special strength from special people to keep hope alive for the Basotho nation. <\/p>\n<p>He said RFP has promised service delivery, in his thank you note posted to his Facebook page on Monday.<\/p>\n<p>\u201cThank you to all whom delivered on their part of the campaign through giving us a thumbs up. The rest is now up to us as I promised. Thank you Basotho. It is now time to work for national unity with an understanding that we are all equal in the eyes of government, \u201d Matekane said.<\/p>\n<p> The RFP has formed a coalition government with two other opposition parties, its leader said on Tuesday.<\/p>\n<p>The Kingdom of Lesotho has been marred by years of political instability under the outgoing All Basotho Convention (ABC) party.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sam Matekane\u2019s Revolution for Prosperity (RFP) party, a party set up only six months ago, won 56 out of 120 seats in Lesotho\u2019s Parliament in recent elections. This is according to final results published by the southern African country\u2019s electoral commission. Lesotho is a constitutional monarchy with a population of 1.88 million. Under the constitution, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[],"class_list":["post-1223808","post","type-post","status-publish","format-standard","category-world"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1223808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1223808"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1223808\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1223808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1223808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1223808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}