Trustco Group Aims to Become First Namibian Company Listed on Nasdaq

Trustco Group Aims to Become First Namibian Company Listed on Nasdaq

Trustco Group Holdings Limited has officially applied to list its ordinary shares on the Nasdaq Stock Market. The application, submitted on 11 November, is part of the company’s plans to directly list its shares on Nasdaq, alongside its existing listings on the Namibian Stock Exchange and the Johannesburg Stock Exchange. If successful, Trustco will make history as the first Namibian company to be listed on Nasdaq. Trustco's Neville Basson: […]

November 13, 2024 18

Business / Economics

Nvidia dethrones Apple as the world’s most valuable company

Nvidia has dethroned Apple as the world's most valuable company following a record-setting rally in the stock, powered by insatiable demand for its specialised artificial intelligence chips. Nvidia's stock market value briefly touched 3.53 trillion US dollars, slightly above Apple's 3.52 trillion, according to data from the London Stock Exchange Group.

October 28, 2024 19

Business / Economics

Nvidia dethrones Microsoft as most valuable company

Nvidia has overtaken Microsoft and Apple to become the world's most valuable public company. The computer chip maker — at the heart of the artificial intelligence boom — now has an overall market valuation of $3.34 trillion, roughly N$ 60 trillion, with the price having nearly doubled since the start of this year. Benji Hyer reports. CNBC further reports that Nvidia shares are up more than 170% so far this […]

June 19, 2024 19

Uncategorized

Meta’s cash dividend boosts Zuckerberg’s net worth

Mark Zuckerberg’s net worth has increased by over $28 billion between your morning coffee and lunch break. The Meta founder and CEO — who is already worth more than $140 billion, according to Bloomberg’s billionaire index — has cleaned up from Meta’s share price skyrocketing over the past day, after the company announced its first-ever cash dividend program.

February 5, 2024 8

Business / Economics

Namibia’s inflation to ease in 2024

Namibia's inflation is expected to moderate in 2024, continuing a trend of slowing inflation rates. Simonis Storm Securities projections suggest a potential easing to 5.1%, indicating a positive step towards economic equilibrium. The stockbroker and wealth management company notes a steady decrease in inflation rates, fostering a stable environment for businesses and consumers.

December 12, 2023 10