South Africa, Nov. 13 -- Accepting the award, Mali reflected on Lesaka's remarkable journey and paid tribute to the team behind its success: "This award belongs to all of us at Lesaka. In just three years, we've built a connected ecosystem where technology works for people - not the other way around. We've become a driving force for financial inclusion in Southern Africa, using technology to bring essential services to communities that need them most."

The award also recognises one of Southern Africa's most significant business transformations. In FY2022, Lesaka reported an EBITDA loss of R268m and was burning cash at over R500m per year. By FY2025, the company delivered an EBITDA profit of R922m and generated positive cash flow from ope...