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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

capital raise

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Local

Trustco Group announces NAD 4.4 billion (USD 235 million) transaction with founding family.

        Trustco Group Holdings Limited (TTO.SJ) today announced a landmark agreement to convert NAD 4.4 billion (USD 235 million) of debt into equity, paving the way for a planned USD 100 million capital raise in the US markets. The agreement is expected to increase Trustco's net asset value by approximately NAD 1.5 billion (USD 79 million). "This recapitalization is a crucial step towards achieving our growth ambitions […]

todayJune 12, 2024 9

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Africa

Week in Review: Namibia’s Green Hydrogen deal, Soth Africa’s unemployment crisis, and More

https://youtu.be/2avUM787GnY   Top Stories: Namibia's Green Hydrogen Deal: President Nangolo Mbumba led Namibia’s participation at the World Hydrogen 2024 Summit in the Netherlands, securing green hydrogen supply agreements with the Netherlands, Germany, and Belgium. Government Election Spending: The Institute for Public Policy Research's Quarterly Economic Review examines government spending on elections since independence. IPPR Executive Director Graham Hopwood provides insights. Pending Allowances: Despite National Assembly approval, increased allowances for pensioners […]

todayMay 17, 2024 14

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