Letshego seeks to raise P285m in Namibian listing

The financial services group announced last week during the presentation of its financials for the half-year period ended June 30, 2017 that it recently obtained approval from the Namibian bourse to list Letshego Holdings Namibia Limited (Letshego Namibia) on the NSX.

Group managing director, Chris Low said 20% of the company’s shares are being offered for sale as part of the licensing requirements of the Bank of Namibia to increase the level of Namibian ownership of Letshego Namibia.