Letshego sheds reliance on Botswana market
Wednesday, April 23, 2014
In the group’s 16-year old history, Botswana has consistently contributed the majority of profits. An expansion into new markets, including the East African region has not diversified the group profit and asset mix but significantly cut down Botswana’s contribution to the stable.
In 2008, a mere eight percent of Letshego’s profits were generated from outside Botswana before increasing to 35 percent in 2012 and 40 percent in the year ended January 2013.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...