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
Happy Independence!

We are 56 years old and what do we have to show for it? Looking at where Botswana started and where it is today, there are a lot of developments, but whether the developments match the number of years we have enjoyed as a country is a topic for another day.The fact that cannot be denied is we have seen major developments, but we are still lacking in several pertinent areas.Our beautiful country imports almost everything. We import fuel, food,...

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