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When Ms. Reinette van der Merwe walked into Letshego Africa Holdings Limited’s (LAHL) corner office, she brought with her more than two decades of banking experience — and a…
Across the industry, “price undercutting is common,” and this has weakened profitability for many life insurers.
After three years of going down, BIHL’s value of new business is finally on the way up again. This, according to the company’s management, “goes well for future profitability,” since new business today means profits that can be unlocked for shareholders in years to come.
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The group said it has implemented pricing in some of the schemes that are underperforming and continues to ensure that each and every scheme becomes profitable and sustainable on its own.
Botswana’s recent shortage of chronic medication in some parts of the country is more than a health story. It has real implications for Botswana Insurance Holdings Limited (BIHL), and by extension investors.
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Letshego is now holding on to a larger share of what it earns after tax, which is good news to investors
This came from managing money better, especially by collecting cash from customers faster.
Currency changes can help or hurt, but Letshego is staying careful—using tricks like locking rates and borrowing locally— as it continues to make money for shareholder.
Almost 90% of Letshego’s profit comes from Southern Africa. In the first half of 2025, the strongest growth came from Mozambique, Namibia, and Botswana. East and West used to make losses, but now they are beginning to add some profit. Letshego operates in 11 African countries. It gives loans to ordinary people like you and me, as well as to small business owners.
Most people spend money on big companies every day. But only a few people actually…
Aupa Monyatsi, the CEO of Letshego Africa always has an amplified voice of hope. He…