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
Warm relations must not come at the expense of fair trade

“I believe that free but fair trade isan absolute imperative”– John E. JamesFor two countries bound by geography, history and deep economic ties, periods of diplomatic strain serve neither side well. President Duma Boko’s efforts to restore momentum to relations with Pretoria deserve recognition, particularly at a time when Southern Africa faces shared challenges ranging from sluggish economic growth and unemployment to energy security...

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