News

Letshego Bank launched in Tanzania

Letshego Holdings Limited continues to make strides in delivering on its mandate to ensure simple, appropriate and affordable financial solutions across Africa. Tanzania, a key market for the Group, remains central to…

Govt defends agriculture’s 2% contribution to GDP

Botswana government has defended the declining contribution of agricultural sector to the Gross Domestic Product (GDP) arguing the collapse came as it was overshadowed by rapid growth in other industries. The discovery…

Standard Bank awarded a banking licence in Côte d’Ivoire

Standard Bank has been formally awarded a banking license in Côte d’Ivoire.  The Group opened a Representative Office in December 2013, signalling a drive towards establishing a presence in Francophone West Africa,…

BSE partners with United Nations Sustainable Stock Exchanges

The stock exchanges of Botswana, Namibia and Tanzania announced their partnership with the United Nations Sustainable Stock Exchanges (SSE) initiative at the SSE Executive Dialogue on Green Finance in Nairobi, Kenya. CEOs of all…

Letshego awarded commercial banking licence in Namibia

Letshego Holdings Limited said it has been granted a commercial banking licence in Namibia—a move that enables Letshego Bank Namibia to start rolling out comprehensive financial services in that market. This follows…

Botswana banks’ total income down in 2015

Total income for commercial banks (net-interest income and non-interest income) in Botswana decreased last year owning to a raft of factors including reductions in the benchmark rate over the course of 2015.…

Statutory banks’ financial position grows

Botswana’s three statutory banks have grown their financial positions in 2015 according to latest Bank of Botswana (BoB) report. The apex bank’s Banking Supervision Annual Report 2015 notes that total assets for…

Govt to drive financial inclusion through BSB

Batswana have been told that the government’s target is to turn around the fortunes of Botswana Savings Bank (BSB), use the institution to push for financial inclusion and provide banking services in…

Letshego aims to be leading inclusive finance group in Africa

  Botswana domiciled Letshego Holdings Limited says it wants to be a leading inclusive finance group in the continent as it celebrates 18 years since starting operations. The group already operates subsidiaries…