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10th January 2021
Letshego Holdings Limited Group expects its costs to increase moderately from the first half of 2021 propelled by the organizational re-design and digital implementation.
In line with its transformation strategy, Letshego Group chief executive officer (CEO) Andrew Okai stated in the strategy update the Group continues to invest in digital platforms and systems.
He added that as a result, Letshego’s performance will be driven primarily by improved payout volumes and credit portfolio performance, albeit moderated by recovering levels of non-funded income.
“We focused on strengthening the foundations of our business, by sharpening the deduction at source model and successfully expanding our digital channel access,” he said.