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ProBASE, a player in Zambia’s fintech space, has struck a partnership with Revenue Services in the Kingdom of Lesotho to provide integrated payment solution.
The launch of the payment gateway, it is said, will enhance efficiency, transparency and convenience in revenue collection processes in the Kingdom of Lesotho.
Speaking at the launch on Monday, Lesotho Finance Minister Retselisitsoe Matlanyane said the development, which is part of the African Development Bank (AfDB) funded Tax Modernisation Project would go a long way in improving efficiency and service delivery and increase value added tax compliance.
“Post Covid-19 and Lesotho facing economic shocks driven by external and internal challenges, we need to move with technology to enhance tax administration. This development is, therefore, a journey to take Lesotho to a new level in terms of tax administration,” Matlanyane said.
She noted that domestic resource mobilisation required improvement in tax compliance and was optimistic that the e-payment and e-taxation platforms would help to accelerate domestic resource mobilization.
Speaking at the same event, Revenue Services Lesotho Acting Commissioner General, Mathabo Mokoko said the organization in collaboration with stakeholders in the finance and economic industries are striving to improve and provide easy methods of tax payments and e-filling for their clients.
“To effectively use data, we need the right technologies such as the one launched,” Mokoko said.
ProBase Chief Operations Officer Chola Bwalya said Probase was confident that the payment platforms would benefit the kingdom of Lesotho in terms of efficient domestic resource mobilisation .
“ProBASE is thrilled to be part of the journey of solutioning for Revenue Services Lesotho. As a services provider, we believe that the development will revolutionalise the way revenue collections and settlements are done.
“They will improve efficiency, accuracy and security and with the self-service features, we will empower tax payers with seamless platforms for payment of tax obligations in the comfort of their homes, offices, anywhere anytime,” Bwalya said.
Commenting on the development, ProBASE Chief Executive Officer Roy Muyelu said the provision of e-payment and e-taxation platforms to the Revenue Services Lesotho was part of company’s strategic agenda of being the leading fintech in the region by 2026.
The e-payment and e-taxation platforms which are part of the Lesotho Tax Modernization Project (LTMP) also mark yet another achievement for ProBASE in its quest to ensure that African enterprises and State-Owned Enterprises deliver services in an efficient and effective manner through the use of electronic systems.
ProBASE has been at the forefront providing game-changing innovations and solutions to sectors including banking, Public sector, telecoms, education in the region and will now facilitate online Tax Payment and Collection platforms to Revenue Services Lesotho (RSL).
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