Letshego aims to be pan-African digital giant

Changing fortunes: Okai says Letshego is moving into a new high growth trajectory
Changing fortunes: Okai says Letshego is moving into a new high growth trajectory

Homegrown microlender, Letshego Holdings plans to accelerate its transformation into a major digital financial services retailer in Africa, building up a registry of five million customers in the next three years to become one of the continent’s biggest players in that type of fintech.

From its traditions as a deduction at source business targetting the civil service, Letshego has expanded over the years to the mass marketing of its credit products and also financing of small to medium enterprises.

The microlender has also grown its reach to 10 other African countries and embarked on an aggressive digitisation strategy that has increased its customer base beyond the deduction at source core.

Editor's Comment
Are police trigger-happy?

Unfortunately, that day turned sour for those who were shopping at Sefalana Cash and Carry in Gaborone West Industrial.The exchange of fire that ensued between members of the Botswana Police Service (BPS) and robbers who had allegedly robbed a G4S cash-in-transit vehicle left two civilians dead, three robbers struck down, and an undisclosed number of citizens wounded.One deceased civilian is reportedly an employee of the Citizen Entrepreneurial...

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