Also known as: LHN · Letshego Holdings (Namibia) Limited
Letshego Holdings Namibia Limited — banking and micro lending group with N$253.5 million profit after tax for H1 2026, pursuing deposit-driven growth under CONNECT 2030 strategy.
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The Namibian
Letshego Holdings Namibia appointed Ashante Manetti as chief commercial officer, effective 18 August
“Letshego Holdings Namibia has appointed Ashante Manetti as its new chief commercial officer, effective 18 August.”
Letshego appoints new chief commercial officerThe Namibian
Letshego Holdings Namibia appointed Ashante Manetti as chief commercial officer, effective 18 August
“Letshego Holdings Namibia has appointed Ashante Manetti as its new chief commercial officer, effective 18 August.”
Letshego appoints new chief commercial officerWindhoek Observer
Letshego Holdings (Namibia) Limited reported 2% increase in profit after tax to N$253.5 million
“Letshego Holdings (Namibia) Limited reported a 2% increase in profit after tax to N$253.5 million for the six months ended 30 June 2026, compared to N$248.5 million recorded during the same period last year.”
Letshego Namibia profit rises 2% to N$253.5 millionWindhoek Observer
Letshego Holdings (Namibia) Limited paid shareholders dividend of N$270.7 million
“In April 2026, Letshego paid shareholders a dividend of N$270.7 million, equivalent to 54.14 cents per ordinary share.”
Letshego Namibia profit rises 2% to N$253.5 millionWindhoek Observer
Letshego declared interim dividend on 6 August 2026 for six-month period
“The company said an interim dividend had also been declared on 6 August 2026 for the six-month period ended 30 June 2026, subject to regulatory approval.”
Letshego Namibia profit rises 2% to N$253.5 millionThe Namibian
Letshego Namibia recorded 15.91% decline over the past year
“Letshego Namibia recorded a decline of 15.91% over the same period, while Alpha Namibia Industries and Stimulus Investments also recorded decreases.”
Capricorn Group remains star player on NSXThe Namibian
Letshego Holdings Namibia Limited distributed N$454.5 million in ordinary dividends for 2025 financial year
“For the 2025 financial year, Letshego Holdings Namibia distributed a total of N$454.5 million in ordinary dividends.”
Letshego share price drops despite payoutsThe Namibian
Letshego's share price declined 14.75% over the past year
“The stock has come under pressure over the past year, declining by 14.75% and making it one of the weaker performers among financial services shares listed on the NSX.”
Letshego share price drops despite payoutsWindhoek Observer
Letshego Holdings (Namibia) Limited saw employee benefit expenses rise to N$147 million in 2025 from N$116.2 million in 2024
“Letshego Holdings (Namibia) Limited's employee benefit expenses rose significantly in 2025 to N$147 million from N$116.2 million in 2024, according to its annual financial statements for the year ended 31 December 2025.”
Letshego staff costs jump to N$147 millionWindhoek Observer
Letshego Holdings (Namibia) Limited recorded net interest income rise of nearly 32% to N$723.9 million in 2025
“The group recorded strong financial performance during the year ended 31 December 2025, with net interest income rising by nearly 32% as the lender grew earnings from customer advances, despite higher operating costs.”
Letshego staff costs jump to N$147 millionLetshego Holdings Namibia has appointed Ashante Manetti as chief commercial officer effective 18 August. Manetti joins from Old Mutual Namibia with more than 14 years of financial services experience and will oversee the company's commercial strategy across banking and micro lending operations.
25 August 2026 · The Namibian →
Letshego Holdings Namibia has appointed Ashante Manetti as chief commercial officer effective 18 August. Manetti joins from Old Mutual Namibia with more than 14 years of financial services experience and will oversee the company's commercial strategy across banking and micro lending operations.
25 August 2026 · The Namibian →
Letshego Holdings Namibia has appointed Ashante Manetti as chief commercial officer effective 18 August. Manetti brings more than 14 years of financial services experience from Old Mutual Namibia and will oversee commercial strategy across Letshego's banking and micro lending operations.
24 August 2026 · The Namibian →
Letshego Holdings (Namibia) Limited reported a 2% increase in profit after tax to N$253.5 million for the six months ended 30 June 2026, with operating profit rising 3.3% to N$294.2 million. The group plans to focus on deposit-driven growth and digital adoption under its CONNECT 2030 strategy.
19 August 2026 · Windhoek Observer →
Capricorn Group, which owns Bank Windhoek and Capricorn Asset Management, has been a top performer on the Namibia Securities Exchange with a 32.45% share price increase over the past 12 months. The NSX Overall Index rose 1.06% over the latest trading week, with mixed performance across listed companies.
14 July 2026 · The Namibian →
Letshego Namibia's stock has declined by 14.75% over the past year despite the company distributing N$454.5 million in ordinary dividends during the 2025 financial year. The company currently has a market capitalisation of N$3.2 billion and more than 6,500 shareholders.
7 July 2026 · The Namibian →
The Namibian Securities Exchange closed marginally higher on 6 July, with the NSX Local Index rising 0.04% and the NSX Overall Index advancing 0.63%, driven by gains in banking and investment counters including SBN Holdings, Capricorn Group, and FirstRand Namibia.
7 July 2026 · The Namibian →
Letshego Holdings (Namibia) Limited's employee benefit expenses rose to N$147 million in 2025 from N$116.2 million in 2024, with salaries increasing to N$79.6 million and incentive bonuses more than doubling to N$26.6 million. The group recorded strong financial performance, with net interest income rising by nearly 32% despite higher operating costs.
10 June 2026 · Windhoek Observer →
Namibia's banking sector continues to draw investors, though earnings quality differences among listed banks are now structural rather than cyclical, according to Simonis Storm's Banking Report 2026. FirstRand Namibia is identified as the preferred banking stock, while Standard Bank Namibia received an accumulate rating and Capricorn Group a reduce rating pending improvements in key indicators.
3 June 2026 · Windhoek Observer →
Letshego Holdings Namibia has appointed legal practitioner Christoffer Chipeio as an independent non-executive director, effective 4 February. Chipeio brings over a decade of experience in compliance, governance, legal advisory and regulatory matters across financial services and corporate sectors.
10 February 2026 · The Namibian →
A senior accounting advisor has criticised the government's discontinuation of the Payroll Deduction Management System (PDMS) as of November 2025, calling the proposed "PDMS Helpdesk" replacement a step backwards that relies on manual processes rather than digital automation for managing civil servants' financial deductions. The Finance Ministry has stated the shutdown aims to address over-indebtedness among government employees and suggests the Enhanced Debit Order (EnDo) platform as an alternative, though financial institutions have already begun restricting salary-backed loans in response.
3 February 2026 · New Era →