Latest News

15-08-2010
Letshego – Planning for financial health through the Motlhala campaign

Financial services company Letshego has launched the Motlhala campaign aimed at helping people understand the value of financial discipline and using credit wisely.

“If you want to send your child to school, upgrade your car or buy a Read more...

13-08-2010
Letshego donates to subject fair

Letshego Financial Services donated P15 000 to South East Regional Subject Fair in an effort to encourage development of young people and rejuvenate their efforts.

When handing over the cheque, the Chief Executive Read more...

13-08-2010
Doing It for Gamodubu Children

Letshego throws in P71 000 to wrap-up a fun-filled day

Last Saturday, the staff of The Voice joined Letshego Group and the people of Gamodubu to witness yet another heart-warming gesture to the children Read more...

11-08-2010
Saving is not done in “savings accounts”

Recently, I was having a chat with a friend of mine who intends to buy her first car and has been “saving up” for more than a year now to raise the deposit to Read more...

31-07-2010
The Africa Weekly market commentary

A snapshot of the African markets this week.

In Morocco, the market was Read more...

23-06-2010
Letshego donates beds to NRH

FRANCISTOWN: Letshego Holdings Limited has donated 15 beds, worth P100, 000 to Nyangabgwe Referral Hospital.

NRH public relations officer, Caiphus Gabana said the donation was made after Letshego noted that there was an acute Read more...

20-06-2010
BSE Indices – value of trades improves

Despite the Domestic Company Index (DCI) weak performance, the value of trades improved significantly as 12,540,273 shares, worth P34,904,013 exchanged hands during the week as compared to 1,742,693 shares worth P5,616,509 that were traded Read more...

28-04-2010
Business Brief

Consumer Affairs to review licences
The Department of Trade and Consumer Affairs (DTCA will, with effect from the end of April, review licences of businesses found selling expired goods with a view to Read more...

28-04-2010
PrimeTime seeks P135 million to develop new properties

Listed property concern PrimeTime is negotiating with financial institutions for funding to develop two new properties in Gaborone at a total cost of P135 million.

In a statement released this week, PrimeTime, which has Read more...

26-04-2010
BSE Indices

A total of 1,704,753 shares, worth P4,666,361 exchanged hands during the week under review, as compared to 951,713 shares, worth P6,395,677 that were traded the previous week.

Micro lender Letshego was the top mover for Read more...

19-04-2010
Letshego nets P380m profit

GABORONE - Letshego Holdings Limited has reported profits of P380 million for the year ending 31st January 2010 as compared to just over P219 million last year.

This development comes after Letshego Holdings Read more...

19-04-2010
Investment Window Opens After Letshego Share Split

Letshego Holdings' counter on the Botswana Stock Exchange (BSE) will today open trade at P1.60, following the approval of a 10:1 share split by the micro-lending giant's board last Monday.

The new price, down Read more...

23-02-2010
Letshego fights cancer

GABORONE - Letshego Financial Services has donated a total of P65 500 to Cancer Association Botswana through their corporate responsibility programme.

Speaking at the handing over ceremony on Thursday, Letshego CEO, Mr Frederick Mmelesi said Read more...

22-02-2010
Letshego donates to Cancer Association

The Cancer Association of Botswana received a financial boost of P65 500 from the financial services provider, Letshego, to help the nonprofit organization fight the cancer scourge that is ravaging the country.

Receiving the award Read more...

22-02-2010
BIHL Seals P57 Million Purchase Of Letshego Subsidiaries

Botswana Insurance Holdings Limited (BIHL) is one step closer to finalising the P57 million purchase of two Letshego subsidiaries, a deal that would consolidate the insurance giant's dominance of the sector.

Letshego Guard Read more...

19-02-2010
Botswana Equity Market

Huge Volumes Traded in Letshego, Significant volumes were observed in Letshego as 5.4 million shares, worth P89.1 million which represents about 3% of the company’s share capital swapped hands on the local bourse on Read more...

20-01-2010
Botswana Stock Exchange’s 2009 winners and losers

 

GABORONE- Botswana Stock Exchange (BSE) domestic company index (DCI) closed 2009 2.93% higher which was a significant improvement from 2008 close of -16.5%. The DCI represents all local companies. The Foreign Company Index (FCI) closed 2009 significantly Read more...

15-01-2010
Letshego nets 45% profits, aims higher

PAN African consumer lending Group, Letshego, has stated that there is need to focus on brand building and increasing its market share through intensive marketing and building stakeholder relation by offering high level customer services. And the Read more...

01-12-2009
Micro-creditor to award clients

Microfinance institution Faidika will launch an annual competition for clients and award those who use their loans productively. The first winner will be awarded Sh500,000 while the second runner-up get Sh300,000 and the third Read more...

24-11-2009
Company News

G4S, released a trading update for the nine months to 30 September 2009 which showed that overall revenues grew by 28% compared to the same period last year despite the slowdown in both the local and Read more...

24-11-2009
Financial counters dominate bourse activity

As the Domestic Companies Index (DCI) put on another 1.45% to end above the 7,400 mark for the first time since December 2008, financial institutions such as FNBB, BIHL and Barclays?? were the favourites of investors pushing Read more...

24-11-2009
ABM, Letshego donate to Boitshoko school

SELEBI PHIKWE - ABM University College and Letshego Legal Guard have donated a computer and P2 000 respectively to Boitshoko Primary School in Selebi Phikwe. The school head, Mrs Boipelo Tumelo received the donations during an occasion Read more...

23-11-2009
Investing on the Botswana Stock Exchange

As the world economy shows signs of stabilisation, the BSE is a step ahead with significant gains and is attracting investors. According to Gary Juma of Motswedi Securities, small capitalised counter, RPC Data and mid-capitalised counters RDCP, Read more...

18-11-2009
Domestic companies index grows

GABORONE - Increasing appetite for stock saw the domestic companies index (DCI) pushing 0.57 per cent higher, a weekly market report from Motswedi Securities state. According to the weekly report, the DCI ended the week Read more...

10-11-2009
Letshego reports profits

Letshego has remained consistent with its story of continuing growth as it recorded a growth in profits for the half year results. For the six months ending July 2009 the micro lender has recorded total income of Read more...

30-10-2009
Botswana a unique comfort zone for commercial banks

Botswana's commercial banks have it easy. Despite Batswana having virtually no discretional saving culture, being highly indebted, the country's small population and the lion's share of household borrowing being in the form of unsecured loans, banks remain Read more...