Letshego Bank launched in Tanzania

Low
Low

Letshego Holdings Limited continues to make strides in delivering on its mandate to ensure simple, appropriate and affordable financial solutions across Africa.

Tanzania, a key market for the Group, remains central to this as evidenced by the launch of Letshego Bank, formerly Advans Bank Tanzania, on August 3, 2016 in Dar es Salaam.

The launch of Letshego Bank comes following the 2015 Letshego Group acquisition of ABT and is part of a wider rebrand and transformation by Letshego Group across all markets.

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

Have a Story? Send Us a tip
arrow up