Assessing a decade of regulatory performance for the Lesotho electricity industry |
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| Affiliation: | 1. Department of Physics and Electronics, National University of Lesotho, P.O. Roma 180, Lesotho;2. Department of Economics, National University of Lesotho, P.O. Roma 180, Lesotho;3. Department of Chemistry and Chemical Technology, National University of Lesotho, P.O. Roma 180, Lesotho;1. School of Electrical & Electronic Engineering, The University of Manchester, Manchester M13 9PL, UK;2. Electricity North West Limited, Warrington WA3 6XG, UK;1. Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI), Essen, Germany;2. AMERU, University of the Witwatersrand, Johannesburg, South Africa |
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| Abstract: | Government-run electricity utilities around the world have been subjected to reform and regulation over the last two decades in an effort to introduce private investment and competition for reliable and affordable services in support of socio-economic development. Although extensive scholarly literature abounds with regard to experiences with restructuring and regulation in many developed economies, research on electricity-sector regulatory performance in small African developing countries like Lesotho is still rare. This article provides an empirical assessment of the three critical regulatory dimensions of governance, substance, and impact in order to evaluate the performance of electricity industry regulation in Lesotho for the period 2004–2014. |
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| Keywords: | Lesotho Electricity Regulatory performance |
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