Letshego secures £15m senior loan
Tuesday, November 26, 2024 | 1520 Views |
Letshego-Proparco Partnership signing 65
Proparco is a development finance institution owned by the French Development Agency and private shareholders from across the globe.
The £15 million deal is expected to support Letshego's quest to improve more lives with inclusive finance products across Botswana.
That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...