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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Windhoek Observer
Letshego Holdings Namibia was classified as satellite investment position
“Letshego Holdings Namibia was classified as a satellite investment position.”
Banking sector remains an attractive investment destinationThe Namibian
Letshego Holdings Namibia Limited appointed Christoffer Chipeio as independent non-executive director
“LETSHEGO Holdings Namibia Limited (LHN) has appointed Christoffer Chipeio as an independent non-executive director, effective 4 February, in accordance with rule 3.59 of the Namibian Securities Exchange listing requirements.”
Letshego appoints Christoffer Chipeio as independent non-executive directorNew Era
Letshego Holdings Namibia suspended all new salary-backed loans to government employees
“Similarly, Letshego Holdings Namibia, along with its subsidiaries Letshego Bank and Letshego Micro Financial Services, suspended all new salary-backed loans to government employees in response to the ministry's directive.”
Financial advisor bemoans lack of PDMS replacementThe Namibian
Letshego Holdings Namibia appointed Willem Pretorius as chief financial officer effective 27 October
“Letshego Holdings Namibia is pleased to announce the appointment of Willem Pretorius as chief financial officer, effective 27 October.”
Letshego Holdings Namibia appoints Willem Pretorius as chief financial officerLetshego 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 →