Vodacom Lesotho Hosts High-Level Forum on Ethical Business Conduct and Anti-Corruption Efforts

Telecommunications giant Vodacom Lesotho recently hosted a pivotal high-level forum in Maseru, bringing together key public and private sector leaders to engage in a crucial dialogue on ethical business practices, compliance, and the ongoing fight against corruption. The event, which took place yesterday, provided a dynamic platform for regulators, compliance experts, and corporate leaders to share insights, discuss challenges, and explore best practices for fostering integrity within organizations.

In his keynote address, Vodacom Lesotho’s Chief Executive Officer, Mohale Ralebitso, emphasized that ethics are not just a legal obligation but a strategic foundation for sustainable business success. He highlighted that adhering to the highest ethical standards is at the core of Vodacom’s operations, ensuring that every transaction is conducted with integrity.

“Our firm commitment to the highest ethical standards is the bedrock of our operations,” Mr. Ralebitso stated. “It’s a strategic imperative ensuring that every transaction is conducted with integrity.” He also reaffirmed Vodacom’s zero-tolerance stance on bribery and corruption, stressing the company’s dedication to safeguarding customer data and privacy—key elements for building long-term business resilience.

Echoing Mr. Ralebitso’s sentiments, Rethabile Hoohlo, Vodacom Lesotho’s Executive Head of Legal and Compliance, underscored the importance of compliance as a strategic asset. She noted that cultivating a strong compliance culture is essential for preserving the integrity of the brand.

“A strong compliance culture is vital for preserving our brand’s integrity,” said Ms. Hoohlo. “We must collaborate and share knowledge and resources to strengthen the compliance landscape.”

The forum also featured Khauhelo Maliehe from the Directorate on Corruption and Economic Offences (DCEO), who urged the Basotho people to actively report corrupt activities. She emphasized the far-reaching consequences of corruption, which undermines both business and national prosperity.

“Corruption is a grave abuse of power and resources. Its ripple effect undermines both business and national prosperity,” Ms. Maliehe remarked.

The chairperson of the Bankers Association of Lesotho, Nkau Matete, shared insights into how banks are enhancing internal controls to detect early signs of corruption. He highlighted the importance of compliance, stating, “Compliance isn’t optional—it’s a way of life.”

Vodacom Lesotho’s Compliance Manager, ‘Mabereng Mokhothu, took the opportunity to detail the company’s comprehensive anti-corruption initiatives, which include mandatory training, due diligence protocols, and a policy requiring the declaration of gifts and sponsorship vetting.

“Employees must neither offer nor accept anything of value meant to improperly influence decisions,” Ms. Mokhothu explained.

The forum served as an essential gathering for stakeholders to explore and deepen their understanding of compliance and ethical business conduct. With Vodacom Lesotho leading the charge, it is clear that fostering a culture of integrity is not just a corporate priority but a national imperative for advancing business and economic development in Lesotho.