Letshego whips loan book into shape
Thursday, March 26, 2026 | 440 Views |
New directions: Letshego Group CEO, Reinette van der Merwe at the results briefing earlier PIC: MORERI SEJAKGOMO
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.
‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...