Sunday, May 9, 2021

‘Letshego priority is to serve low income citizens’- Sambasivan-George

Letshego Holdings is a company that is targeted at servicing low income members of society, says the company’s Head of Corporate Affairs Mythri Sambasivan-George.

In a brief interview on Saturday, Sambasivan-George said Letshego’s main priority is the people.

“In its 17 year history, social responsibility and sustainability have been an integral part of the Letshego Group’s business model. Letshego constantly works to address social, environmental, ethical lending and consumer concerns in close co-operation with all its stakeholders. Through its responsible approach to business, Letshego always seeks to improve the lives of all those it works with,” she said.

She added that Letshego is the second largest Botswana Stock Exchange (BSE) quoted company, with market capitalization in excess of US$650 million and one of the top 40 companies in sub-Saharan Africa. The pan African financial services provider employs over 1,400 staff members, representing more than 20 nationalities. It has over 250 representation points across Africa servicing a client base of over 265,000.

The winner of the house, a 38-year-old mother of three daughters from Palapye, said she considers Letshego as a very important company in the lives of Batswana.

“This company can rescue one from unbearable debt burden. Most interestingly, the company’s employees are customer-friendly and are always willing to help,” said Klaas.

The house cost around P400, 000 and now has a market value of P1, 080,000. Her competitors went away each with consolation prizes of flat screen Sansui televisions and P1000 grocery voucher at Choppies Supermarket
For his part, Minister of Lands and Housing Prince Maele said Letshego has repeatedly complemented government’s housing strategy.

“Land allocation is topical and I am going to present what you have done to the cabinet meeting, announcing that you are partners,” he said.

Turning to Klaas he said, “There is your house. It will be great disappointment to me if one day I read it in newspapers that you have sold this house. If you do not live in Gaborone, this is the time for you to make money through rent. This house can uplift your livelihood.”He further congratulated the contractor for having built the house on time and within budget though he is quite young; something that is rare in Batswana young contractors.

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