Letshego hits road to recovery

On Monday, Letshego Holdings will unveil full year 2019 results showing an increase of up to P157 million in pretax profits, continuing a long standing track record of delivering returns to investors.

However, the 21-year old homegrown microlender, which boasts a loan book of P9 billion in 11 African countries, had a nightmarish 2019. Its share price fell 56%, the worst performance for both the Domestic and Foreign indices on the Botswana Stock Exchange (BSE).