Letshego Pushes back against Ghana Rollercoaster 

Through its treasury team, Letshego Holdings says it is actively working to deploy some balance sheet risk management which includes interest rate hedges and others to limit the impact of the volatile macro environment in Ghana, CFO Gwen Muteiwa told the Business Weekly & Review. 

Across the group’s currency exposure, Ghanaian cedi was the most affected by macro-economic conditions in the West African country, Muteiwa disclosed. 

She noted that the currency declined 44 percent against the pula, which is significant, given that the Botswana Pula is Letshego’s reporting currency.