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Sam Matekane
Lesotho businessman and politician

Sam Matekane

The basics

Quick Facts

Intro
Lesotho businessman and politician
Places
Work field
Gender
Male
Place of birth
Mantsonyane, Lesotho
Age
66 years
The details (from wikipedia)

Biography

Ntsokoane Samuel Matekane (born 15 March 1958) is a Mosotho businessman and politician who is the current Prime Minister of Lesotho. Prior to running, he was considered to be the richest person in the country. Matekane made his fortune in diamond mining, as well as through government issued construction contracts. He founded his company, Matekane Group of Companies (MGC) in 1986.

In March 2022, Matekane held a press conference at his hotel, and formed the Revolution for Prosperity (RFP) party. Matekane self-funded a political campaign with a heavy social media presence and won the 2022 Lesotho General Election.

Through MGC, Matekane has funded several projects in the country. Matekane funded the construction of a football stadium, a school, and a convention center and a cost-sharing owner-farmer scheme farm in his village of Mantšonyane. During the COVID-19 pandemic, he bought testing equipment, vaccines and other medical necessities and donated them. He has made donations amounting to M8 million in Police Uniforms, andM2 million in Equipment for the Lesotho Defense Force.

Early life

Born on March 15, 1958, Matekane is the seventh of fourteen siblings. He was born in Mantšonyane, then called British Basutoland, now Lesotho.

Matekane attended primary school and completed Form C (Year 10). For a short time, he became a herd boy and then moved to Maseru with distant relatives for studies. After completing Form C, he was sent to be an apprentice as a mechanic in South Africa. Upon the completion of his apprenticeship, he worked in the South African Mines. He returned to Maseru in his early 20s, where he sold wool and mohair, along with other goods, until forming his company.

Business

Matekane is the founder and CEO of the Matekane Group of Companies (MGC), which was established in 1986 as a construction equipment sales business. The business purchased old and damaged vehicles from the government, repaired and resold it back to the government. The Group has since expanded into fields such as mining, aviation, property development, as well as farming and has opened a hotel.

The companies growth was largely supported through government tenders, which have since had their legitimacy questioned, as allegations concerning favouritism and political corruption have come forward.

As Prime Minister

2022 election and inauguration

In March 2022, several months before the 2022 Lesotho general election, Matekane founded a party called Revolution for Prosperity (RFP). He positioned himself as the "protector" of the country's business community, the "messianic" leader that would bring stability to Lesotho politics, and the "sole businessman" in the country that could end "corruption" and bring Lesotho back from the recession it has been experiencing since 2017. Matekane said he would "Make Lesotho Great Again" by any means necessary.

During his electoral campaign, Matekane accused his opponents of no longer serving Lesotho's best interests. His perceived outsider status status helped his party win the election. Matekane's RFP party finished five seats shy of an absolute majority in the National Assembly. Lacking a simple majority to rule alone, Matekane formed a coalition government with two smaller parties, the Alliance of Democrats and Movement for Economic Change.

After his electoral win, Matekane outlined a 20-point plan to fight corruption and the M6.1billion Government Deficit within his first 100 days in office. He planned to reverse the economic recession via austerity and job creation from international investors, and achieve what would normally be achieved in 20 years in his first term in office.

Criminal activity

The relationship between the civil government and the police ostensibly improved under Matekane, however the government has also been criticized for a worsening homicide situation.

In response to the murder of journalist and radio presenter Ralikonelo Joki, his government introduced a nationwide curfew on May 16, 2023, banning residents from leaving their homes between 10pm and 04am. This curfew has been criticized for its strictness and concerns have been raised over its effectiveness.

Economic policy

In June 2023, Matekane launched the Entrepreneurship Hub and Seed Financing Facility, an initiative aiming to build 15 Entrepreneurship Support Organizations and incubate 500 start-ups, as well as engage with the diaspora. The total budget of the facility is $52.5M USD, with $45M as a soft loan and $7.5M as a grant, both from the World Bank.

Foreign relations

31 Basotho miners working illegally in South Africa were killed in an explosion in May 2023. Matekane has worked to reduce the prevalence of illegal cross-border mining, including by implementing an agreement signed by his predecessor in November 2021. In attending the launch of a binational commission on the issue, he said that the launch "ushers in a new beginning in the relationship between SA and Lesotho."

In September 2023, Matekane spoke before the United Nations in favor of more support to least developed countries and stated his hope to export electricity and water to South Africa.

Political issues

Sam Matekane
2023.

Reportedly, Matekane had to finance his own inauguration due to a lack of public funds.

Matekane's cabinet included only 15 people, versus 36 in the previous cabinet. Three women were appointed, making up 20% of the cabinet. The previous cabinet included five women, but they made up only 14% of the cabinet. According to Afrobarometer, 73% of Basotho believe that the government should be doing more to promote women's rights and opportunities.

Matekane has thus far failed to pass the 11th Amendment to the Constitution Bill, which originated from the SADC-mediated national dialogue on reform in 2018–19. All political parties have ostensibly pledged to support the bill, however Matekane's government sought to divide it into three parts in early 2023, which was not supported by the opposition, who believed the governing parties were seeking to stack the civil service with its own supporters first.

On October 30, 2023, Matekane faced a vote of no confidence. His government sought to dispute the constitutional amendment that allowed the vote to go ahead. Lesotho's military intervened against the vote of no confidence, leading to opposition claims of a coup plot. In the end, the Basotho Action Party joined Matekane's coalition and he was not removed.

The contents of this page are sourced from Wikipedia article. The contents are available under the CC BY-SA 4.0 license.
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