What's eating Letshego?

Letshego shareholders meet later this month PIC: MORERI SEJAKGOMO
Letshego shareholders meet later this month PIC: MORERI SEJAKGOMO

Shareholders of the country’s largest microlender, Letshego Holdings, meet in Gaborone on June 24 where the elephant in the room will be the exodus of five top executives in the past year, including the group managing director, group financial officer and a CEO who only spent six months on the job. Staff Writer, MBONGENI MGUNI reports

Letshego’s numbers belie the apparent strife that has gripped top management at the pan-African consumer lender in the past year.

With a presence in 11 African states ranging from eSwatini to Kenya and the tough-to-crack Nigerian market, Letshego as a microlender is the pride of Botswana and the poster child for how the local financial services market is fertile ground for regional growth.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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