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Letshego Bank
Letshego Holdings Limited is a microfinance holding company with its headquarters in Gaborone, Botswana and is listed on the Botswana Stock Exchange (BSE). Letshego is a Setswana word meaning “Support”. Overview Letshego Holdings Limited is a Botswana-based financial services institution. The group had a market capitalization in excess of US$634 million, as at December 2015, thereby making it the largest indigenous quoted company on the BSE. The group serves more than 300,000 consumers, by its micro lending subsidiaries across ten countries in Southern, Eastern and Western Africa. These subsidiaries provide short to medium-term unsecured loans to formally employed clients. The Letshego group employed in excess of 2,300 staff as at December 2015. , the group's total assets were valued at BWP:7.462 billion (approx. USD:729.55 million), with shareholder's equity valued at BWP:4.182 billion (approx. USD:408.85 million). History Letshego Holdings Limited was incorporated o ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Greenfield Project
In many disciplines, a greenfield project is one that lacks constraints imposed by prior work. The analogy is to that of construction on greenfield land where there is no need to work within the constraints of existing buildings or infrastructure. Software development In software development, a greenfield project could be one of developing a system for a totally new environment, without concern for integrating with other systems, especially not legacy systems. Such projects are deemed higher risk, as they are often for new infrastructure, new customers, and even new owners. Cell phone networks In wireless engineering, a greenfield project could be that of rolling out a new generation of cell phone networks. The first cellular telephone networks were built primarily on tall existing tower structures or on high ground in an effort to cover as much territory as possible in as little time as possible and with a minimum number of base stations.{{Citation needed, date=June 2013 The ...
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Letshego Bank Namibia
Letshego Bank Namibia is a commercial bank in Namibia. It is licensed by the Bank of Namibia, the central bank and national banking regulator. History The institution was established in 2002 as ''Edu Loan Namibia''. In August 2008, Letshego Holdings Limited (LHL), a Botswana Stock Exchange (BSE) listed entity, acquired majority shareholding in Edu Loan. The company re-branded to ''Letshego Financial Services Namibia'', to reflect its shareholding. In July 2014, Letshego Namibia was awarded a provisional banking license, which allowed them to make ''salary loans'', with installment loan payments deducted directly from the borrower's paycheck by the employer. In July 2016, the bank was granted a full unrestricted banking licence. Location The headquarters of the bank are located at 18 Schwerinsburg Street, in Windhoek, the capital and largest city in Namibia. The bank maintains a total of 15 branches in various urban centers in the country, as at August 2016. Overview LBN is 100 pe ...
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Letshego Financial Services Botswana
Letshego Financial Services Botswana (LFSB), also Letshego Botswana, is a microfinance financial institution in Botswana. It is a 100% subsidiary of Letshego Holdings Limited, a holding company, with subsidiaries in over 10 African countries and whose stock is listed on the Botswana Stock Exchange. The headquarters of the institution are located in Gaborone, Botswana's capital and largest city. The company maintains about a dozen branches in the country's major urban centers. History The institution began operations in March 1998, as Micro Provident Botswana Limited. At that time, the MFI focused on providing unsecured loans to fully employed clients. In 2002, the company was listed on the BSE, through a successful IPO. The funds from this IPO were utihttps://www.letshego.com/letshego-takes-over-afb-ghana-plclized to expand the group regionally. In 2008, the company adopted the Letshego brand as its official name. Overview LFSB is a member of the Letshego Group and in 2015 contri ...
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Allan Gray (investment Management Company)
Allan Gray is a name that may refer to: * Allan Gray (composer) (1902–1973), Polish-born composer * Allan Gray (footballer) (born 1943), Scottish footballer * Allan Gray (investment management company), a South African-based investment management firm * Allan Gray (investor) (1938–2019), South African investor and founder of ''Allan Gray Investment Management'' and the ''Allan and Gill Gray Foundation'' See also * Alan Grayson Alan Mark Grayson (born March 13, 1958) is an American politician who served as the U.S. representative for from 2009 to 2011 and from 2013 to 2017. A member of the Democratic Party, he was defeated for reelection in 2010 by Republican Daniel ... (born 1958), United States Representative for Florida's 9th congressional district {{dab Gray, Allan ...
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African Alliance Investment Bank
African Alliance Investment Bank (AAIB) is "an investment banking group" operating in Africa. Location The group's headquarters are located in neighborhood of Melrose, in the city of Johannesburg, South Africa, approximately , north of the city center. The coordinates of the group's headquarters are:26°07'47.0"S, 28°04'12.0"E (Latitude:-26.129737; Longitude:28.070007). Markets , AAIB operates subsidiaries in the following markets: Operations In each of the markets that the bank serves, there is a locally registered subsidiary chaired by a non-executive chairman, an executive director, an executive committee, a risk committee, an audit committee, an internal auditor, a remuneration committee, a deal committee and a technical advisory committee. The group engages in the following activities: See also * Nairobi Securities Exchange * Uganda Securities Exchange * Rwanda Stock Exchange The Rwanda Stock Exchange Limited was incorporated on 7 October 2005 with the object ...
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Botswana Insurance Holdings
Botswana Insurance Holdings Limited (BIHL Group) is an investment, retirement, and insurance group that maintains its headquarters in Botswana and operates through three subsidiaries and holds a stake in a number of associate companies. BIHL Group was established in 1975 and has been listed on the Botswana Stock Exchange since 1991. Subsidiaries and investments The companies that compose the BIHL include, but are not limited, to the following: # Botswana Life Insurance Limited – Gaborone, Botswana – 100% Shareholding – A long term insurance service provider in Botswana. # Botswana Insurance Fund Management Limited (BIFM) – Gaborone, Botswana – 100% Shareholding – A pension fund manager in Botswana. # Botswana Insurance Company Limited – Gaborone, Botswana – 50% Shareholding – A short term insurance provider in Botswana. # African Life Financial Services – Lusaka, Zambia – 49% Shareholding – The company is involved in the provision of asset management a ...
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Stock
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company is divided, or these shares considered together" "When a company issues shares or stocks ''especially AmE'', it makes them available for people to buy for the first time." (Especially in American English, the word "stocks" is also used to refer to shares.) A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classe ...
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AllAfrica
AllAfrica is a website that aggregates news produced primarily on the African continent about all areas of African life, politics, issues and culture. It is available in both English and French and produced by AllAfrica Global Media, which has offices in Cape Town, Dakar, Lagos, Monrovia, Nairobi, and Washington, D.C. AllAfrica is the successor to the African News Service. Its stories can be displayed by categories and subcategories such as country, region, and by news topic. In 2008, AllAfrica rolled out a comment board system. The President of AllAfrica Global Media, Amadou Mahtar Ba, is a member of the International Advisory Board International is an adjective (also used as a noun) meaning "between nations". International may also refer to: Music Albums * ''International'' (Kevin Michael album), 2011 * ''International'' (New Order album), 2002 * ''International'' (The T ... of the African Press Organization. References External links * ReliefWeb archives of AllAf ...
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South Sudan
South Sudan (; din, Paguot Thudän), officially the Republic of South Sudan ( din, Paankɔc Cuëny Thudän), is a landlocked country in East Africa. It is bordered by Ethiopia, Sudan, Central African Republic, Democratic Republic of the Congo, Uganda and Kenya. Its population was estimated as 12,778,250 in 2019. Juba is the capital and largest city. It gained independence from Sudan on 9 July 2011, making it the most recent sovereign state or country with widespread recognition as of 2022. It includes the vast swamp region of the Sudd, formed by the White Nile and known locally as the '' Bahr al Jabal'', meaning "Mountain River". Sudan was occupied by Egypt under the Muhammad Ali dynasty and was governed as an Anglo-Egyptian condominium until Sudanese independence in 1956. Following the First Sudanese Civil War, the Southern Sudan Autonomous Region was formed in 1972 and lasted until 1983. A second Sudanese civil war soon broke out in 1983 and ended in 2005 with the ...
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Rwanda
Rwanda (; rw, u Rwanda ), officially the Republic of Rwanda, is a landlocked country in the Great Rift Valley of Central Africa, where the African Great Lakes region and Southeast Africa converge. Located a few degrees south of the Equator, Rwanda is bordered by Uganda, Tanzania, Burundi, and the Democratic Republic of the Congo. It is highly elevated, giving it the soubriquet "land of a thousand hills", with its geography dominated by mountains in the west and savanna to the southeast, with numerous lakes throughout the country. The climate is temperate to subtropical, with two rainy seasons and two dry seasons each year. Rwanda has a population of over 12.6 million living on of land, and is the most densely populated mainland African country; among countries larger than 10,000 km2, it is the fifth most densely populated country in the world. One million people live in the Capital city, capital and largest city Kigali. Hunter-gatherers settled the territory in the St ...
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Kenya
) , national_anthem = "Ee Mungu Nguvu Yetu"() , image_map = , map_caption = , image_map2 = , capital = Nairobi , coordinates = , largest_city = Nairobi , official_languages = Constitution (2009) Art. 7 ational, official and other languages"(1) The national language of the Republic is Swahili. (2) The official languages of the Republic are Swahili and English. (3) The State shall–-–- (a) promote and protect the diversity of language of the people of Kenya; and (b) promote the development and use of indigenous languages, Kenyan Sign language, Braille and other communication formats and technologies accessible to persons with disabilities." , languages_type = National language , languages = Swahili , ethnic_groups = , ethnic_groups_year = 2019 census , religion = , religion_year = 2019 census , demonym = ...
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