Overview of the Bursary

The Bursary is the custodian of the University funds.  The office deals with all financial matters for both staff and students.  The manner in which the office exercises the custodianship of funds is as contained in Part IV of the National University of Lesotho Order, 1992 (as amended).

The University financial year runs from the 1st July to the 30th June of the following year.  Council of the University each year adopts for the next following year commencing on the first day of July, a budget for all funds of the University, approves all amendments to the budget and controls the expenditure of the University so that it confirms as nearly as practicable to the approved budget.

The Auditor-General of the Government of the Kingdom of Lesotho is responsible for the audit of the accounts of the University.  Annual audits are normally conducted by a commissioned firm of Auditors on behalf of the office of the Auditor-General.  The University Council shall cause the accounts and the records of the financial transactions of the University to be audited each year in accordance with the Audit Act 1973.  Other issues relating to the audit of University accounts are contained under section 39 of the principal law.

The University uses of a system called Integrated Tertiary Software (ITS) for its accounting operations.  The system has been in use since 1999.

Staff and Services

The following are services offered by Bursary and responsible staff.

Bursar

The Bursar is the head of the Bursary with overall responsibility for the office with all other units reporting directly to him and deals mostly with policy issues.  He/she is the secretary to committees like the Finance and General Purpose Board and the Tenders Board amongst others.

Mrs ’Masechaba Mantsoe-Ntaopane  — Bursar

 B.Com (NUL), CA (L), MBA (UOFS)

Mr. Mosa R. Masilo — Senior Finance Officer (General Ledger & Finance Systems)

RA (L)

Mrs Seipati Adoro  — Senior Finance Officer (Treasury)

CA (L)

Mrs Bernice ’Mampoi Setlolela-Koae — Senior Finance Officer (Procurement and Asset Management)

RA (L), Honours in Purchasing and Supply (CIPS, UK)

Mrs Lieketso Macheli — Senior Finance Officer (Student Accounts)

 B. Com (NUL), MBA (UKZN)

Mrs ’Masekoala Rammoko — Assistant Finance Officer (Payroll)

B.  Com-Acc (UOFS)

Mrs Rethabile K. Manare — Senior Accountant

Diploma in Business Studies (Lerotholi Polytechnic), Diploma on Accounting in Business Management (UK)

Mr. Joseph Ntlhoki — Accountant

Diploma in Business Management (IEMS)

Mrs ’Mateboho Motšoane-Mahlehla — Assistant Accountant

Diploma in Business Management (IEMS)

Mr. Napo Sesiu — Cashier

Diplomas in Business Management (IEMS)

Ms. Nthabiseng Ntoane — Clerk 

Diploma in Business Management (IEMS)

Mr. Mohlokoane Sera — Stores Clerk

COSC

Mr. Bataung Makosholo — Clerical Assistant

COSC

Contacts:

Bursary

Telephone:  +266 22340601

Direct:          +266 22340409

Fax:              +266 22340000

Cell:              +266 58854554

E-mail:          bursar@nul.ls

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