
Pan-African micro finance bank Letshego has stated that the devaluations of the Nigerian naira and the Ghanaian cedi caused a 7% decline in the company’s profit before tax in H1 2023. Letshego said this equated to P14 million (~$1.04 million) in foreign exchange losses compared to a P23 million (~$1.7 million) gain in the same period last year…
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