Letshego eyes three more African countries in 2017
Friday, January 20, 2017
It recently acquired a 100% shareholding in afb Ghana, a non-bank financial institution, expanding their footprint to 11 countries across Southern, East and West African countries that include Botswana, Ghana, Kenya, Lesotho, Mozambique, Namibia, Nigeria, Rwanda, Swaziland, Tanzania and Uganda.
The Ghana acquisition was the second in the West African countries following another 100% acquisition of Letshego Nigeria MFB, formerly known as FBN Microfinance Bank in 2015.
The fees have been doubled from the previous amounts and raise concerns about political participation accessibility and democratic representation principles.This significant fee increase prompts questions regarding its impact on grassroots democracy.On one hand, the fees act as a filter, ensuring only serious contenders enter the race, potentially reducing frivolous candidacies and generating crucial campaign funds. The BDP argues that aspiring...