Letshego | Latest News & Updates - Mar 11, 2025 Release

On March 7, 2025, Letshego presented its unaudited financial results for FY2024, showing recovery in performance and good top-line growth in core markets, with Brighton Banda as Interim Group CEO...


Brought to you by RivalSense - an AI tool for monitoring any company.

RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡


Letshego

🌎 letshego.com

Letshego is a proudly African inclusive finance organisation, listed in Botswana with regional hubs in Botswana, Kenya, and Ghana. With a world-class vision, Letshego uses digitisation to create simple, accessible, and inclusive solutions for individuals and entrepreneurs, improving lives across 11 sub-Saharan African markets.


Letshego - Latest News and Updates

  • On March 7, 2025, Letshego presented its unaudited financial results for FY2024, showing recovery in performance and good top-line growth in core markets, with Brighton Banda as Interim Group CEO.
  • Letshego reported a double-digit increase in operating income for 2024 but ended with a net loss, with unaudited financial statements available for review by March 31, 2025.
  • Letshego's customer deposits increased to N$1.3 billion, and profit after tax rose by 18.5% to N$418.8 million for the year ending December 2024, despite a decline in capital adequacy ratio and increased operational expenses.
  • Letshego reported an 18.5% increase in profit after tax to N$418.8 million for the year ended December 31, 2024, driven by a 15% rise in total revenue.
  • Letshego Namibia is offering free home loan pre-approvals on March 7-8, 2025, at their branches.
  • Letshego's CEO Giles Germany is touring the Eastern Region of Uganda to engage with customers in Mbale, Soroti, and Lira.

Sign up to receive regular updates


If you liked the insights, consider following your own companies of interest. Receive weekly insights directly to your inbox using RivalSense.