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
Urgent call: Stop the killing!

The previous week, we had an article about a police officer shooting his wife, and turning the gun on himself, whilst he died, his wife survived and is still in the hospital.Sadly that was not the only article we carried on intimate partner killings. There was the Francistown case, where a young woman allegedly stabbed her ‘former boyfriend’ and many others which were reported throughout the week.As all the reports were coming in, a Botswana...

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