Letshego on the cusp of dominance

In just less than a year since taking charge, Aupa Monyatsi has pressed conquering button – recruiting two Treasurers from leading local banks and a CEO to accelerate his turnaround strategy. With that, his vision of making Letshego the biggest ever Botswana Company in two years is well within reach. He will only rest if he delivers profit in excess of P10 billion, writes MPHO DIBEELA

It is 0900 hrs on a warm Wednesday morning. The place is the seventh floor of arguably Africa’s biggest micro-lender Letshego Group headquarters at the Central Business District (CBD). This floor houses the all-powerful executive of Letshego.

In a day (Thursday) the group were set to announce the 2022 full year results and the Group Chief Executive Aupa Monyatsi is shuffling through a hectic schedule that started very early by fielding business calls from executives in member countries. Of particular interest that morning he was in deep engagement with executives in Tanzania.

Letshego’s markets sprawl from the southern extreme of the continent anchored by its place of birth – Botswana – to the East and West of Africa. While it grew organically in Botswana, it entered the East and West Africa markets by means of acquisitions.