Letshego spearheads financial literacy campaign


Letshego Holdings is hopeful that its financial literacy campaign that began towards the end of last year will help curb the spiralling household indebtedness.

Speaking during the presentation of the group’s financial results for the eleven-month period ended 31 December 2014, the group’s Managing Director, Chris Low said the high volumes of household debt in the country are a huge concern for his company.

He said Letshego was working with the government to set limits on indebtedness, adding that they have introduced a central system in which they limit the amount and number of loans a customer applies for. “This allows the customer to have only one loan at a time. We have the responsibility to discourage over borrowing,” he said.

Editor's Comment
Bravo, Matlala JSS for recognising employees!

Last Friday, Matlala Junior Secondary School (JSS) in Tlokweng did just that – they organised an event to honour their teachers and support staff. This gesture is truly commendable, as teachers occupy a pivotal role in the lives of our children.To be completely candid, teachers are the ones who shape our children from a very tender age, investing a significant amount of time in their growth and development. It's not uncommon to hear parents...

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