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

Corporate Affairs

3 Results / Page 1 of 1

Background

Business / Economics

Trustco Bank Completes Voluntary Shutdown

Trustco Bank has officially ceased operations, finalizing its voluntary closure process that began on 23 August 2024. Following extensive efforts to reimburse depositors, any unclaimed funds have been transferred to the Guardian Fund under the Master of the High Court, as directed by the Bank of Namibia. Trustco’s Deputy CEO, Quinton Van Rooyen Junior, confirmed the completion of the process.  

today4 March, 2025 35

Africa

Resolute Mining CEO and Employees Remain Detained in Mali

  Resolute Mining's CEO, Terence Holohan, along with two other employees, remained detained in Mali on Thursday, according to diplomatic sources. According to Reuters, the Australian company confirmed on Sunday that the trio had been temporarily detained by government officials in the military-led nation. No further updates have been provided on their situation.

today15 November, 2024 20

Business / Economics

MTC Launches Mobile Financial Service to Boost Financial Inclusion

Mobile Telecommunications Limited has introduced MTC Maris, a new mobile financial service aimed at serving over 50% of Namibians without access to traditional banking. The Brief reports that the service enables users to send, receive, and manage money via mobile phones, promoting financial inclusion. MTC's Chief Human Capital, Corporate Affairs, and Marketing Officer, Tim Ekandjo, highlighted that MTC Maris will complement existing banking services, offering more options for users.

today7 October, 2024 31