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

investment strategy

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Business / Economics

Saving for retirement in South Africa? Four tips to navigate the new pension rules

      By Adrian Saville, University of Pretoria     South Africa is changing its pension laws. The new system is designed to give individuals the opportunity to access only a portion of their retirement funds before they retire in the case of dire need – or even in case of desire. To an extent, this makes sense, given the low savings rate in the country. It forces individuals […]

todayJuly 31, 2024 14

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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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