Investor Relations

Performance Highlights

HY – 2024

The Letshego business returned to profitability in the period under review versus the loss posted at the end of December 2023. On a historical cost basis, PAT grew by 4% year on year to BWP74.2m (H1 2023: BWP71m).

Letshego, HY2024 Interest Income: +19%
Letshego, HY2024 Operating Income: +22%
Letshego, HY2024 Net Customer Advances: +6%

Our business fundamentals remain strong despite macroeconomic headwinds. Mobile Loans continue to deliver outstanding commercial and social returns in key markets across the Group, supporting our traditional DAS products. The strong operating income and balance sheet growth validate our sound business model.

Aobakwe Aupa Monyatsi, Group Chief Executive

Philip Odera

About Letshego Africa Holdings Limited

Letshego is a pan-African retail financial services group that leverages digitisation to support its purpose of ‘improving lives’ – increasing access to simple and inclusive financial solutions. Letshego’s regional footprint spans across 11 markets, supporting both individuals and Micro and Small entrepreneurs (MSEs).

Company Information

Registered Name Letshego Africa Holdings Limited (LETSHE.bw)
ISIN BW 000 000 0322
Ticker Code LETSHE.bw
Sector Financial
Stock Exchange Botswana Stock Exchange
Chairman Philip Odera
Group Chief Executive Aobakwe Aupa Monyatsi
Company Secretary Gorata Tlhale Dibotelo
Transfer Secretary PricewaterhouseCoopers (Pty) Limited (bw)
Year End December
Year Founded 1998
Year Listed 2002
Website https://www.letshego.co.bw/

3 Reasons to Consider Investing in Letshego Africa Holdings Limited

African Footprint

Proudly African, Letshego first opened its doors in Botswana 23 years ago. Today the Group supports over four million customers across its regional footprint comprising 11 markets

ACCESSIBLE & AFFORDABLE

Our purpose is to improve lives, extending the reach of simple, affordable and appropriate financial solutions to individuals and Micro & Small Entrepreneurs (MSEs) and a focus on Youth, Health, Agriculture, Education, Affordable Housing and Entrepreneurs

STRONG CAPITAL BASE

Letshego’s Transformation Strategy ensures the Group remains well-capitalised, with an asset base of over USD1 billion. Letshego is listed on the Botswana Stock Exchange

Product Diversification

Continuously expanding and diversifying our product offering to increase access to simple, world-class financial solutions

Digitalisation

Digitising our strategy to increase impact, access, customer value and efficiency through end to end automation

Geographic Rebalancing

Balancing the contribution of profits within Letshego’s regional footprint