327:. This acquisition gave group access to three new countries and an increase in its Ugandan customer base due to its pre-existing presence. This acquisition was completed on June 1, 2012. This saw the group have presence in 11 countries. Letshego Holdings took full control of Micro Africa Limited in 2013. On 1 December 2013 the group divested from Letshego Financial Services Zambia. With the exit from Zambia, the group's presence remained in 10 countries. In January 2016, Letshego Holdings Limited completed the acquisition of 100% shareholding in FBN Microfinance Bank of Nigeria.
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Letshego’s purpose is to ‘improve lives’ by increasing access to simple and affordable financial solutions, and currently supports over 6.6 million consumers across its
African footprint. Letshego has over 3000 employees, including direct sales agents. December December 2022, the group's total
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Letshego
Holdings Limited is a pan-African inclusive finance organisation with a presence in 11 countries and a legacy that spans more than 25 years, having first opened its doors in 1998 in Gaborone, Botswana. As at December 2022, the Group’s market capitalisation was in excess of USD 1
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a microfinance institution whose core function was to provide of unsecured loans clients, who had full-time employment. The company was listed on the BSE in 2002 through a successful
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assets were valued at BWP:16.909 billion (approx. USD:1.352 billion), with shareholder's equity valued at BWP:5.658 billion (approx. USD:452.65 million).
423:
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This article is about the holding company whose stock is listed on the
Botswana Stock Exchange. For the Botswana-based microfinance subsidiary, see
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in these countries. In August 2008, the group made its first foreign acquisition when it acquired a majority stake in
Eduloan, an MFI in
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brand as its official name. The expansion drive continued into 2009 with the setting up of a subsidiary in
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The companies that compose the
Letshego Holdings Limited include but are not limited to the following:
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285:
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Standard
Chartered Bank of Botswana Nominees (Pty) Ltd - NTGSLUX 010/03 Ashmore Emerging markets
797:
347:. As of December 2019, shareholding in the group's stock was as depicted in the table below:
739:
561:
Letshego
Financial Services Swaziland (Proprietary) Limited – 85% Shareholding – Swaziland
127:
546:
AMDC Limited (Mauritius) - 100% shareholding - Holding company for the Rwanda
Operations.
46:
873:
768:
54:
469:
Standard
Chartered Bank of Botswana Nominees (Pty) Ltd – Kuwait Investment Authority
822:"Letshego Holdings Limited Announces Appointment of Philip Odera as Board Chairman"
676:"Letshego Holdings Limited: 2023 Integrated Annual Report and Financial Statements"
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71:
35:
762:
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Letshego
Holdings Limited is governed by a twelve-person board of directors with
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Letshego Financial Services Mozambique, SA – 96.25% Shareholding – Mozambique
307:. In the same year, the group announced its intention to acquire a 62.52% in
244:
Billion, thereby making it the largest indigenous quoted company on the BSE
146:
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Letshego Financial Services Tanzania Limited - 100% shareholding - Tanzania
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Letshego Financial Services Lesotho Limited – 95% Shareholding – Lesotho
265:. The funds from this IPO were utilized to expand the group regionally.
852:
640:
616:
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289:
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137:
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ERF 8585 Limited - 100% Shareholding - Namibia (Real estate company).
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FBN Microfinance Bank Limited – 100% Shareholding – Nigeria
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Letshego Holdings Limited was incorporated on 4 March 1998 as
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Other corporate entities, nominees and trusts and individuals
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848:"Letshego appoints Aobakwe "Aupa" Monyatsi as Group CEO"
636:"Letshego appoints Aobakwe "Aupa" Monyatsi as Group CEO"
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BMO Investment: Former Lloyd George Investment Company
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Letshego Rwanda Limited – 100% Shareholding – Rwanda
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763:"Nigeria: Letshego Acquires FBN Microfinance Bank"
540:Letshego Kenya Limited – 100% Shareholding – Kenya
895:Financial services companies established in 1998
880:Companies listed on the Botswana Stock Exchange
339:of Letshego Holdings Limited are traded on the
303:In 2011, the group commenced its operations in
761:Nahimah Ajikanle Nurudeen (29 January 2016).
268:Between 2005 and 2007, the group expanded to
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292:. In the same year, the company adopted the
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742:. Gaborone: Letshego Holdings Limited (LHL)
458:HSBC: Sustainable Capital Africa Alpha Fund
793:"Letshego Namibia granted banking license"
740:"Letshego Looks Back at the Last 18 years"
400:Botswana Insurance Fund Management Limited
349:
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16:A microfinance holding company in Botswana
702:"Letshego leads BSE liquidity in 2016 Q1"
890:Financial services companies of Botswana
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160:BWP: 16.909 billion (USD:1.352 billion)
674:Letshego Holdings Limited (June 2023).
627:
315:-based MFI with subsidiaries in Kenya,
791:Ramokopelwa, Koobonye (21 July 2016).
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681:. Gaborone: Letshego Holdings Limited
7:
535:Letshego Financial Services Botswana
21:Letshego Financial Services Botswana
700:Keabetswe, Newel (21 April 2016).
14:
259:Micro Provident Botswana Limited
905:1998 establishments in Botswana
820:MarketScreener (23 June 2022).
374:Botswana Life Insurance Limited
602:as the Group Chief Executive.
537:– 100% Shareholding – Botswana
1:
900:Holding companies of Botswana
846:Staff Writer (10 June 2022).
585:AFB Ghana- financial services
570:– 87% Shareholding – Tanzania
574:Letshego Microfinance Uganda
558:– 85% Shareholding – Namibia
576:– 85% Shareholding – Uganda
926:
598:as the Group chairman and
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351:Letshego Holdings Limited
284:. These were all through
215:with its headquarters in
206:Letshego Holdings Limited
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29:Letshego Holdings Limited
885:Companies in the BSE DCI
767:Nigeria Daily Trust via
706:Botswana Business Weekly
612:Botswana Stock Exchange
600:Aobakwe “Aupa” Monyatsi
341:Botswana Stock Exchange
225:Botswana Stock Exchange
124:Aobakwe “Aupa” Monyatsi
826:www.marketscreener.com
568:Letshego Bank Tanzania
286:greenfield investments
83:; 26 years ago
556:Letshego Bank Namibia
227:(BSE). Letshego is a
223:and is listed on the
128:Group Chief Executive
738:LHL (26 July 2016).
343:, under the symbol:
309:Micro Africa Limited
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169:Number of employees
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910:Botswana companies
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335:The shares of the
798:Botswana Guardian
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81:4 March 1998
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502:Treasury shares
412:ADP I HOLDING 2
353:Stock Ownership
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120:Group Chairman
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857:. Retrieved
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596:Philip Odera
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365:% Ownership
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210:microfinance
205:
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155:Total assets
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116:Philip Odera
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96:Headquarters
72:Microfinance
43:Company type
25:
325:South Sudan
874:Categories
801:. Gaborone
708:. Gaborone
623:References
590:Governance
424:Allan Gray
298:Mozambique
111:Key people
88:1998-03-04
776:14 August
746:14 August
712:14 August
331:Ownership
188:.letshego
147:Insurance
63::LETSHEGO
55:Traded as
831:7 August
805:9 August
606:See also
447:Investec
345:LETSHEGO
294:Letshego
278:Tanzania
274:Eswatini
239:Overview
229:Setswana
221:Botswana
217:Gaborone
144:Payments
134:Products
104:Botswana
100:Gaborone
68:Industry
859:11 June
853:Azhizhi
772:. Abuja
685:15 June
648:11 June
641:Azhizhi
617:BSE DCI
305:Lesotho
290:Namibia
253:History
233:Support
181:Website
141:Savings
138:Lending
86: (
78:Founded
518:100.00
321:Rwanda
317:Uganda
282:Zambia
270:Uganda
175:(2022)
162:(2022)
679:(PDF)
513:Total
494:18.3
404:11.7
391:13.3
378:27.9
337:stock
313:Kenya
208:is a
173:3000
861:2022
833:2023
807:2016
778:2016
748:2016
714:2016
687:2023
650:2022
505:0.9
483:1.9
472:2.3
461:2.8
450:3.5
439:4.1
428:5.1
415:8.4
359:Rank
323:and
311:, a
280:and
246:BSE.
197:.com
190:.com
263:IPO
235:”.
186:www
61:BSE
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
