Letshego shelves plans to open bank in Botswana
Wednesday, April 30, 2014
Low addressing the media in Gaborone yesterday. PIC KEBOFHE MATHE
In 2012, Bank of Botswana declined Letshego’s banking licence application for reasons, which the microlender says, were not explained.
Letshego has already acquired banking licences in Mozambique, a deposit-taking licence in Rwanda, and is in the process of acquiring a banking licence in Namibia.
Unfortunately, petty thieves tend to be more vicious around this time as they also prepare for the festive season. Culturally, many Batswana go home for the holiday, and petty thieves are amongst those who go home. Burglaries, car break-ins, and attacks on unsuspecting pedestrians seem to be on the rise!That is not all, as scammers continue to take money from pensioners as well as other Batswana who may fall prey to their unscrupulous tactics....