Letshego sells shares in Namibia

Letshego is headquartered in Botswana but operations in 10 other African Countries
Letshego is headquartered in Botswana but operations in 10 other African Countries

Letshego Holdings Namibia (LHN), with its strong financial inclusion approach, has announced plans for another empowerment opportunity to Namibia. In a statement, LHN said it will be offering its shares for sale to Namibians through a planned initial public offering (IPO), enabling the people of Namibia to be part of Letshego Namibia’s history of improving lives.

LHN is the Namibian subsidiary of Letshego Holdings Limited Group (LHL), headquartered in Gaborone and publicly listed on the Botswana Stock Exchange since 2002.

Letshego said its purpose is to provide simple, appropriate and accessible solutions to the financially under-served and excluded in a sustainable manner, including, but not limited to, government employees. In line with this, the planned IPO will include people who are typically financially excluded, and are a key part of Letshego’s financial inclusion strategy.

Editor's Comment
Inspect the voters' roll!

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...

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