Hitesh Anadkat-backed Letshego to award free shares to employees
This strategic move aims to align employee interests with shareholders and comply with the Banking Institutions Act of 2023.
This strategic move aims to align employee interests with shareholders and comply with the Banking Institutions Act of 2023.
Anadkat also owns stakes in Malawi’s first telecom company, Telekom Networks Malawi, and its first bank.
Letshego’s market cap is valued $313.4 million, while Anadkat’s 2.76-percent stake is worth $8.6 million.