Mmegi

Letshego whips loan book into shape

New directions: Letshego Group CEO, Reinette van der Merwe at the results briefing earlier PIC: MORERI SEJAKGOMO
New directions: Letshego Group CEO, Reinette van der Merwe at the results briefing earlier PIC: MORERI SEJAKGOMO

Despite posting a technical financial loss for the full year 2025, Letshego Africa Holdings has seen positive growth across various financial metrics, improving its core business compared to the prior year.

The group consolidated its loan book to P11.7 billion, despite exits from key markets in East and West Africa.

The homegrown pan-African microlender reported a consolidated loss after tax of P235.5 million for the full year ended December 2025, largely weighed down by a once-off hit from the discontinued operations. The drag came as the group exited non-core markets as part of a broader restructuring drive.

Editor's Comment
Let the courts follow the money

“Law and order are the medicine of the body politic and when the body politic gets sick, medicine must be administered.”– B.R. AmbedkarThe amount of money at play threatens to test the integrity of the country’s financial system, giving more reason to why the courts must be fully given leeway to lean on the matter and reach a conclusion.Botswana has spent decades building her reputation as a stable and credible financial jurisdiction.The...

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