insert_link Local Trustco Issues Shares to Independent Non-Executive Directors Trustco Group Holdings Limited (JSE: TTO; NSX: TUC; OTCQX: TSCHY) is pleased to announce a proposal for ad hoc compensation in lieu of historical Independent Non-Executive Directors (INEDs) compensation during successive years. The INEDs voluntarily implemented a 20% reduction in their compensation, effective 1 April 2020. The reduction was implemented alongside the Company's proactive response to the unknown economic ramifications of the COVID-19 pandemic at the time and was part […] todayAugust 13, 2024 7
insert_link Local The Bank Windhoek Red Run paints Windhoek red Bank Windhoek woke an army of enthusiastic runners of various age groups to participate in the Bank Windhoek Red Run on Saturday, 10 August 2024. Previously known as the Bank Windhoek Relay, the Bank Windhoek Red Run upheld an active, high-energy atmosphere for runners. In partnership with Ae-//Gams Sports Club, the timed event started at 06:00 with a cut-off time of 11:00 at Zoo Park in Windhoek. […] todayAugust 12, 2024 35
insert_link Local City of Windhoek Addresses Ward Cleaners’ Employment Concerns The City of Windhoek has issued a statement addressing recent media reports and concerns regarding the Ward Cleaners' contracts and employment conditions. The city aims to clarify the situation and correct any misinformation about the employment relationship between the Ward Cleaners and the city. During a council meeting on July 24, 2024, a resolution was made to offer the Ward Cleaners a five-year contract upon the expiration of […] todayAugust 8, 2024 20
insert_link Local The Namibian economy is expected to grow by 3.1 percent in 2024 The Bank of Namibia released the Economic Outlook for August 2024 with the domestic economy estimated to expand by 3.1 percent in 2024 and by 3.9 percent in 2025. Global and Regional Outlook Global economic growth is projected to remain low in 2024 before improving slightly in 2025. Global growth is projected to slow down to 3.2 percent in 2024, from 3.3 percent in 2023, before rising moderately to […] todayAugust 8, 2024 20
insert_link Local Trustco plans to upgrade ADR program to enhance presence in US capital markets Trustco Group Holdings Limited (Trustco) has announced plans to upgrade its American Depositary Receipts (ADR) program to Level 3, in order to expand its presence in the United States of America (US) capital markets. Trustco's ADR program began in 2014 as a Level 1 program through Bank of New York Mellon, and was enhanced in 2019 with a real-time Level 1 sponsored ADR program on the OTCQX Best Market. […] todayAugust 8, 2024 7
insert_link Local The Bank Windhoek Red Run attracts 1700 running enthusiasts With approximately 1,700 participants having registered for the much-anticipated Bank Windhoek Red Run, the event is expected to be a memorable, active, and thrilling experience. Scheduled to take place on Saturday, 10 August 2024, starting at 06:30 am, at Zoo Park in Windhoek, the Bank Windhoek Red Run is a collaboration between the /Ae //Gams Sports Club and Bank Windhoek. It will challenge participants to complete over five kilometres […] todayAugust 8, 2024 22
insert_link Entertainment More than just a beauty queen: Miss International South Africa, Belindé Schreuder, is empowering young women across the country as she prepares for the international leg in Japan later this year Gone are the days when beauty pageants were all about external beauty. Over time these events have become multidimensional. Not only do they look at women as a whole, taking into account personality, intelligence and authenticity, but they identify women who have what it takes to serve the greater community. Belindé Schreuder is one such woman and the current title holder of Miss International South Africa. Crowned on 20 […] todayAugust 8, 2024 90
insert_link Local Ushering in a New Era of Financial Excellence: Old Mutual Namibia Opens Branch in Otjiwarongo Old Mutual Namibia has reaffirmed its commitment to serving the people of Otjiwarongo with the highest level of excellence and support with the relocation of its branch to a brand-new location within the town. Delivering the official keynote address during the branch opening, Ndangi Katoma, Managing Director of Retail Mass Foundation shared his excitement for the new opportunities and possibilities this branch will offer customers and the broader community […] todayAugust 7, 2024 22
insert_link Local West African talent is ready to embrace reskilling amid GenAI advances. Three-quarters of workers around the world believe GenAI will bring some level of disruption to the workplace. Despite uncertain times, they remain confident about their place in the labour market with 75% of Nigerians and Ghanaians willing to be retrained in any case and 23% if necessary to stay ahead in their careers. Seventy-four percent of Nigerians and 73% of Ghanaians feel they hold the upper hand when negotiating […] todayAugust 6, 2024 16