insert_link Local Trustco plans to raise NAD 2.4 billion from shareholders to tap into Namibia’s economic potential. Trustco Group Holdings Limited is concluding pivotal transactions with key shareholders that underscore confidence in Namibia's bright economic prospects and Trustco's time tested capabilities to channel investment into high-growth areas. First, Trustco and United States fund Riskowitz Value Fund LP (RVF) will enter into an option to make a cash investment of up to NAD 950 million into Trustco, entrenching RVF as a key anchor foreign investor. The […] todayJanuary 16, 2024 25
Africa Navigating the transition: African banks take over after international lenders exit By Conrad Onyango, via bird story agency Local financial companies are capitalising on the opportunities left by international banks exiting Africa yet continue to struggle with the gap between perceived and actual risks in the market. In early 2022, UK-headquartered Standard Chartered Bank announced it was exiting five African countries and partially exiting two others - breaking its ‘here for good’ brand promise after more than a century on the […] todayNovember 20, 2023 6
insert_link Opinion Pieces The Paramount Importance of Severe Illness Cover By Shali Nanghala, Head of Distribution: Momentum Retail In our ever-evolving world, life's unpredictabilities loom large. From global health crises to personal medical emergencies, we often find ourselves face to face with challenges that can profoundly impact our health and financial stability. In these uncertain times, the value of foresight and preparedness is unparalleled, and one essential element of this preparedness is severe illness cover. Let us delve into its vital […] todayNovember 14, 2023 35