Letshego's Profit After Tax Down 2%

Letshego Office
Letshego Office

Letshego Holdings, the pan-African microlender, has recorded a two percent decrease in profit after tax to P364 million compared to P370 million recorded on the prior year.

Presenting the group’s half-year results, interim group CEO, Dumisani Ndebele said the financial performance for the listed consumer lender in the six months to June 2019 was within expectations.

Ndebele said they expect the company’s financial fundamentals to remain robust over the next 12- to 18-month horizon, despite risks associated with its regional expansion.

Editor's Comment
Let’s fight GBV as a collective

Botswana for the longest time was known for her virulent peace with family being an enviable institution.As the media, we are also scared to be incessantly reporting on these bloody scenes where women are brutally murdered and worse, sometimes in front of their children and loved ones. Yes, we have reported cases where men were also brutally murdered by their loved ones, but such cases are a drop in the ocean.For the past two weeks, Botswana was...

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