- October 10, 2019
- Posted by: Hopolang lenoesa
- Category: Press Release
08th October 2019
LAA and PostBank launch of the khetsi payment platform for LAA fees
The Land Administration Authority (LAA) and Lesotho Post Bank (LPB) will launch the payment of Ground Rent through the Khetsi platform on Wednesday 9th October 2019 at LAA Boardroom at 10:00am respectively. Through this partnership, customers are provided with the flexibility and convenience to pay for Ground Rent anywhere at any time.
With this collaboration, the two agencies commit to serving customers in a more client -oriented manner by laying a foundation that provides positive customer experience. They agree in devoting available resources to improve customer value in order to generate lasting relationships.
This collaboration is in line with the Authority’s core objectives of being customer-centric. By using Khetsi customers will enjoy the convenience of paying with ease and timeously.
What is ground rent? Ground rent is an annual fee paid by a leaseholder for the use and occupation of the land parcel. Each land parcel has its own individual ground rent written on the lease of a plot.
Who should pay ground rent? Every leaseholder should pay Ground rent on the second residential plot and all the commercial plots.
Why should I pay ground rent? According to Land Act 2010 section 77 “there shall be payable ground rent in respect of a lease, unless, a lessee is exempted from such ground rent as the Minister may, by notice published in the gazette, determine”. Ground rent assists LAA to render services in a more timely and transparent manner to many Basotho. Ground rent is not paid on a primary site in which a leaseholder resides on. However, the lease holder must come to LAA offices to apply for exemption from paying Ground rent on that site, the application is for free.
The launch will be officiated by the LAA Director General and Chief Executive, Ms ‘Mataeli Makhele-Sekhantso and the LPB Managing Director Mr. Molefi Leqhaooe respectively.
Your media house is therefore invited to witness and cover this milestone event aimed at ensuring easy access of both LAA and LPB services to the public.
For more information, contact:
Manager Public Outreach, LAA
Tel: +266 22214100
Web: www.laa.org.ls | Protecting Your Land Rights, Protecting You