04 Apr 2020

Letshego Holdings has committed more than P3 million as financial support to regional government relief funds and non-profit organisations across its footprint. 

A press release from Letshego says funds are intended to support national efforts in preventing spread of the coronavirus, caring for those infected with the virus, as well as sustaining local economic activity. It says P1.2 million has been donated to Botswana’s COVID-19 Relief Fund. 

The release says the company has also taken proactive steps to support its customers through emerging economic challenges caused by the COVID-19 pandemic.

In that regard, it says Letshego will grant payment holidays to all its Micro and Small Entrepreneur (MSE) customers as well as offer opportunity for all individual customers to apply for relief in light of slowing economic activity across regional markets.

The release says the payment holiday effected from April 1 for a three-month period.

Letshego group chief executive officer, Mr Andrew Okai said the pandemic has affected all on individual and economic basis, hence the need to work together and support each other to mitigate the negative impact of the pandemic within communities. 

He added that Letshego remained committed to doing all it can to support its customers through tough economic times.

In addition to supporting government, the release also says Letshego will be operating with reduced staff complement to promote benefits of social distancing, while also encouraging customers to avoid going into branches and rather make use of Letshego’s digital channels to access account information and apply for financial support. Ends