Page 4 - FOL2023

PATRONS

Attorney Tiisetso Sello-Mafatle heads the International
Investment Law and Transactional Advisory Department at
Sello-Mafatle Attorneys. She is also a Corporate Governance
Specialist with 18 years’ experience in Corporate Law. Amongst
others, she is a Committee Member the Mohlomi Corporate
Governance Code. She holds LLM (Mercantile Law) specializing
in International Investment Law, Company Law and Advanced
Contracts from the University of the Free State.

The economic challenges of stagnant and slow growth of com-
merce and industries in Lesotho has led to introspections that made us re-
flect and remember that: Good Governance will always breed positive and
Attorney Tiisetso Sello-Mafatle responsible outcomes. In the face of the global pandemic of COVID-19,
Lesotho is showing agility and making positive strides with the launch of

the Mohlomi Corporate Governance Code during September 2021. The moral and ethical conduct on how we do business
Patrons and relate with the core economic and socio-political institutions has not only become fundamental but has become an
everyday compliance issue for: Economic Profits that create Intergenerational Wealth; Enable Sustainable Growth; and have
Impactful Value Creation for the Stakeholders. We all, in our respective corners and constituencies, have to allow ourselves
to be responsive to good corporate governance and transformational leadership.
To the NUL Alumni: As we all re-kindle our inner strengths with this historical and inaugural launch of the Law Maga-
zine, let us remember, we are all Patrons of the National University of Lesotho. The excitement should go beyond the borders
of this Mighty Mountain Kingdom that the Spirit of Chief Mohlomi nurtured through the young Lepoqo (King Moshoeshoe).
Let us all make this Magazine a Boardroom icebreaker and a subject of animated dinner table discussions. Khotso! Pula!
Nala!

Adv Tseliso Thipanyane, an Advocate of the High Courts of
Lesotho and South Africa, is the holder of a Bachelor of Science
(BSc), LL.B., LL.M (Human Rights and Constitutional Law) and
LL.M (Corporate Law). He is currently a PhD candidate in Business
and Human Rights at the Gordon Institute of Business Science,
University of Pretoria. Adv Thipanyane is the Chairperson of the
non-profit company, the Southern African Institute for Responsive
and Accountable Governance (SAIRAG) and a former CEO of the
South African Human Rights Commission (2017-2022 and 2005-
2009). He is a former legal academic and researcher in various
institutions including Columbia University School of Law, the
University of the Western Cape, and the Defence Force Colleges
of the South African Defence Force.

Corporate Governance and Compliance
Advocate Tseliso Thipanyane
Institutions, in their various formations, and in relation to their
respective founding mandates, can play a crucial role in society
in advancing social good and the national interests of the coun-
tries they operate in. Institutions can thus make a significant so-

cio-economic and political impact in environments they operate in. The proper and effective governance of institutions is
thus necessary in ensuring and in enhancing the realisation of their mandates and their well-being. Corporate governance in
this regard, and to a large extent, determines the success or failure of institutions and the extent to which they can operate
optimally in the realisation of their mandates. It is thus important that a lot of effort and resources be invested in sound
corporate governance in institutions.
The success of the National University of Lesotho, our beloved and much valued institution, and its tradition as one
of the leading academic institutions in the Southern African region, and even in the African continent, depends on adherence
and effective implementation of good corporate governance principles. An investment in good corporate governance of our
alma mater is the best and only way to go in this regard. Adherence to sound corporate governance will help the institution to
play its role in responding to the challenges of conflict, poverty, corruption, environmental degradation, and health challenges,
including Covid-19, that have and continue to wreak havoc and severely undermine the development of the region and its
people. Let us all, as alumni, get involved and make our respective contributions.

4 FOL Quarterly Issue 2022