Lungile Maseela
The Revenue Services Lesotho (RSL) and the National University of Lesotho (NUL) have signed a Memorandum of Understanding (MoU) to strengthen their collaboration, knowledge promotion exchange, research initiatives, and capacity-building efforts.
The signing ceremony, which took place at NUL, was attended by distinguished guests, including the Vice-Chancellor of NUL, the Acting Dean of the Faculty of Law, the Commissioner General of RSL, and the Dean of Social Sciences.
By solidifying their partnership, NUL and RSL aim to drive mutual development, ensuring that academic expertise contributes to policy and economic advancements while providing students with valuable real-world exposure.
Professor Olusola Fajana, the Vice-Chancellor of NUL, hailed the newly signed MoU as the beginning of a transformative collaboration between the two institutions. Speaking at the official signing ceremony, he emphasised the importance of the partnership in fostering economic growth, improving governance, and enhancing societal well-being.
“I am thrilled to see the university take a proactive role in forging partnerships that will drive economic development, improve governance, and enhance well-being,” he stated.
Professor Fajana also highlighted the partnership’s potential to drive innovation in taxation, revenue management, and economic development. He stressed that through this collaboration, the two institutions will develop cutting-edge solutions while strengthening knowledge-sharing and research efforts.
“This collaboration will go a long way in fostering research excellence and bridging the gap between academia and practical economic solutions,” he stated.
The MoU outlines a broad scope of cooperation, including educational and training programs, graduate internships, mentorship initiatives, and recruitment opportunities. This strategic partnership is expected to equip students with real-world experience.
Acting Dean of the Faculty of Law, Professor Anthony Nwafor, further elaborated on the MoU’s significance, describing it as a formalization of the relationship between the two institutions.
“The MoU signifies the evolution of our partnership, transitioning from a voluntary collaboration to a formal agreement that reflects a deeper commitment,” Professor Nwafor explained.
The MoU also outlines several key initiatives, including providing NUL students with guidance on tax research areas for their projects, fostering innovative ideas, and introducing awards to recognise top academic performers. These initiatives aim to enhance the academic experience for students while advancing their professional development.
For her part, the Commissioner General of RSL described the MoU as a milestone in their shared vision for national development.
“This partnership will not only enrich the academic landscape but also have tangible benefits for the administration of taxation and the development of tax policy in Lesotho,” she said.
She further emphasised that the impact of this collaboration would extend far beyond the two institutions.
“The nation at large will benefit from the knowledge, skills, and innovations generated through this partnership,” she added.
This partnership marks the beginning of a new chapter for both NUL and RSL, with the potential to shape the future of tax administration and policy in Lesotho while fostering inclusive knowledge and professional growth.
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