Letshego sinks deeper on BSE

Andrew Okai
Andrew Okai

Pan African microlender, Letshego Holdings, has now fallen about 16% since the beginning of the year on the Botswana Stock Exchange, erasing a strong run between January and April where it led the local exchange.

By the close of trade earlier today, Letshego had dropped to 58 thebe on the Domestic Companies Index after falling five thebe on Tuesday. This is compared to its high this year of 92 thebe recorded on February 25.

Letshego, a homegrown microlender with branches in 11 African countries and a loan book of P9 billion, has taken its investors on a roller coaster in recent months.

Editor's Comment
Prosecutors deserve better

These legal professionals, who are entrusted with upholding the rule of law, face numerous challenges that compromise their ability to effectively carry out their duties.Elsewhere in this edition, we carry a story on the lamentations of the officers of court.The prosecutors have raised a number of concerns, calling for urgent attention from all relevant stakeholders, including the President, Minister of Justice and the Attorney General. Their...

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