"The purpose of the corporation
is to assist in the establishment and developments of Basotho-owned business enterprises with particular emphasis on the promotion of
indigenous entrepreneurial skills." (Section 4, Subsection 1).
In line with its mandate, BEDCO
has articulated a five-year strategic plan covering the period 2000-2005.
Values
BEDCO interprets these
expectations as a framework for its social conduct. For this reason therefore,
the corporation has used these expectations as inputs in formulating its values
statement. BEDCO thus commits itself to the following:
-
High services standards and innovativeness;
-
High regard for equity, transparency, accountability, and social
responsibility in its operations;
- The creation of an
environment facilitative of the professional and personal developments of its
staff.