Letshego soars on BSE as results sparkle

Taking flight: Okai is on the crest of a wave PIC: MONIRUL BHUIYAN/PRESS PHOTO
Taking flight: Okai is on the crest of a wave PIC: MONIRUL BHUIYAN/PRESS PHOTO

Homegrown pan-African microlender, Letshego Holdings, has seen its share price rise by about 56% on the Botswana Stock Exchange (BSE) this year, with consolidations in executive management and a 20% jump in interim pretax profits driving investor appetite.

At P1.12 per share, Letshego is currently trading at highs last seen two years ago and market analysts believe the price could go even higher.

Stockbrokers Botswana research analyst, Malebogo Keleapere told BusinessWeek that Letshego still has upside potential. Stockbrokers Botswana’s last analysis of the microlender, conducted in May 2020, indicated a target share price of P2.10 per share.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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