insert_link 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
insert_link 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
insert_link 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
