Browsing: Namibia

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.

Owning property is very important to Sefalana’s plan. The group believes the strategic benefit is significant and you can’t quantify in terms of ratios