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Lesaka increases revenue for the fourth quarter

13 Sept 2023

By Power 98.7 FM, Power Business, Noluthando Mthonti-Mlambo

Noluthando Mthonti-Mlambo speaks to the Group CEO of Lesaka Technologies, Chris Meyer about the company's results.

The group, formerly Net1, reported a 185% surge in revenue to R9.4 billion in its year to end June on Wednesday, helped by a hefty acquisition, but also a turnaround in its consumer business, which offers financial services mostly to grant beneficiaries.

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