insert_link 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 17
insert_link 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 10
insert_link 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 7
insert_link 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 10
insert_link 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 12
insert_link Local Letshego Namibia appoints Tatenda Malunga as digital transformation and business support manager Letshego Holdings Namibia is pleased to announce the appointment of Tatenda Malunga as its new Digital Transformation and Business Support Manager. With over ten years of experience in IT consulting across sectors like government, energy, finance, state-owned enterprises, and tourism, Malunga brings extensive expertise in digital transformation strategies, IT consultancy, and business analysis. In her spare time, Malunga enjoys playing club volleyball and running her own jewelry […] todayJuly 12, 2024 25
insert_link Namibia Letshego Holdings Namibia Takes Proactive Steps to Reduce Unemployment: Plans Workforce Expansion Across Subsidiaries Letshego Holdings Namibia has announced its commitment to contribute to the reduction of Namibia's unemployment rate. In a statement, the company outlined its plans to expand the workforce across its subsidiaries as part of its efforts to address this societal challenge. Ongame Mutorwa, the Banks Communications Manager, shared insights into the company's proactive approach to addressing unemployment and supporting its broader organizational objectives. todayJanuary 17, 2024 6
