Botswana Leads The Letshego Pack

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The Botswana operations of Micro Provident Botswana Limited, which trades as Letshego, continued to lead the pack in the operations of the micro lender currently operating in five African countries.

According to Stockbrokers Botswana research note on the Botswana Stock Exchange (BSE) listed outfit, the Botswana operations contributed about 92.4 percent to the group's profit before tax, with a loan book of P606.4 million or 77 percent of the loan book.

The brokerage firm led by chief executive officer (CEO) Geoffrey Bakwena revealed that government, the largest employer in the land, increased civil service salaries by 15 percent while also paying 40 percent scarce skills bonuses to select public service workers. Letshego offers unsecured loans to formally employed clients, including public service workers.

Editor's Comment
Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

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