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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Letshego Holdings Namibia

11 Results / Page 1 of 2

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Business / Economics

09 January 2025 Morning Biz News: Namibian Stock Performance, South Africa’s Economic Challenges, and Global Financial Updates

  In the latest financial news, Letshego Holdings Namibia has emerged as the leader on the Namibian Stock Exchange for 2024, posting an impressive total return of 49.2%. This performance, based on the most recent figures, showcases Letshego’s strong position in the market. Nictus Holdings secured second place with a return of 30.4%, while Capricorn Group followed closely with a return of 24.7%. Meanwhile, in neighboring South Africa, the manufacturing […]

todayJanuary 9, 2025 8

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Business / Economics

Letshego Holdings Namibia Appoints New Head of Credit

Letshego Holdings Namibia has announced the appointment of Herwin Tsowaseb as its new Head of Credit, effective 15 November 2024. With over a decade of experience in credit evaluation and financial management, Herwin will contribute to advancing financial inclusion and sustainable growth. His appointment strengthens the company’s efforts to empower customers and enhance its market position.

todayNovember 21, 2024 7

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Local

Letshego Holdings Namibia Welcomes Herwin Tsowaseb as Head of Credit

  Letshego Holdings Namibia is delighted to announce the appointment of Herwin Tsowaseb as Head of Credit, effective 15 November 2024. Herwin brings a wealth of expertise in credit evaluation and financial management, with over a decade of experience in senior roles at some of Namibia’s leading financial institutions. Herwin’s academic credentials further underscore his capability. He holds a Master of Philosophy in Development Finance from the University of Stellenbosch […]

todayNovember 21, 2024 9

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Local

Cybersecurity in the Financial Sector: A Collective Responsibility

    The digital landscape presents both endless opportunities and growing threats to the financial sector as cybercriminals become increasingly sophisticated. With Cybersecurity Awareness Month ending this October, Letshego Holdings Namibia urges customers, as well as employees across government, private, and financial sectors, to remain vigilant. Cyberattacks including phishing emails, SMS scams (smishing), and social media impersonation are on the rise, targeting sensitive company or social media information to build […]

todayOctober 31, 2024 6

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Business / Economics

Letshego reports 14% revenue growth in 2024

For the first half of 2024, Letshego Holding Namibia recorded a strong growth of 14% year-on-year increase in total revenue, driven by a 21% rise in interest income. Net interest income grew by 15% to N$251 million, strengthened by a 3% increase in net advances to customers and strategic repricing of low-interest loans. CEO of Letshego Holdings Namibia, Dr Ester Kali says the bank has maintained a stable cost-to-income ratio […]

todayAugust 29, 2024 38

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Business / Economics

Letshego Namibia Reports Strong First-Half Financial Performance with 16% Profit Increase

Letshego Holdings Namibia, encompassing Letshego Bank and Letshego Micro Financial Services, has announced impressive financial results for the first half of 2024. The company achieved a 16% increase in profit after tax, reaching N$199 million, and a 14% rise in total revenue, largely due to a 21% growth in interest income. Notable achievements include a successful social listing on the Namibian Stock Exchange and a significant rise in customer deposits. […]

todayAugust 29, 2024 27

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Opinion Pieces

Letshego Namibia and FLI Empowers Communities Through Financial Literacy at OATF

  Letshego Holdings Namibia, in partnership with the Financial Literacy Initiative (FLI), is set to make a significant impact at the 2024 Ongwediva Annual Trade Fair (OATF) by offering free financial literacy sessions to the public. From 24 to 29 August 2024, visitors to the Letshego stand will have the opportunity to learn essential money management skills, explore various financial products, and gain insights into achieving their financial goals. Recognizing […]

todayAugust 22, 2024 20

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Business / Economics

Letshego Bank Namibia Appoints Denver Beukes to Manage Home Loans Department

    Unlocking home ownership dreams one loan at a time, Letshego Bank Namibia is delighted to announce the appointment of Denver Beukes as its new Home Loans Manager. Beukes, a mortgage lending specialist with over 15 years of industry experience, joins Letshego Bank from 2020 Financial Solutions. This strategic appointment enhances Letshego Bank’s position in the mortgage lending industry, reinforcing its commitment to improving customer service. Beukes will manage […]

todayJuly 25, 2024 27

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Local

Letshego Namibia Welcomes João Bismarck as Customer Experience Manager

      In a financial industry where customer needs evolve and a seamless customer journey is paramount, Letshego Holdings Namibia is pleased to welcome João Bismarck as its new Customer Experience Manager. Bismarck is a dynamic individual who stays abreast of recent news and industry trends. He enjoys challenges that require creative thinking and constant stimulation. In his spare time, Bismarck likes to spend time with his closest friends […]

todayJuly 12, 2024 21

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