insert_link Business / Economics Trustco hits back at the Johannesburg Stock Exchange over a US$75 million mining deal Trustco Group Holdings' office in Windhoek, Namibia Trustco Group Holdings has hit back at the Johannesburg Stock Exchange (JSE) following a public censure and financial penalty related to its USD 75 million investment in Meya Mining. The company says the transaction, announced in August 2022, had full shareholder backing, but was delayed by what it calls “regulatory interference” and “obstructive processes” by the JSE over more than two years. The […] today7 October, 2025
insert_link Business / Economics 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: […] today13 November, 2024
insert_link Local Meya Mining’s 391-Carat Diamond Recovery Marks Mega Clippir Discovery Trustco Group Holdings Ltd ("Trustco") has announced the results of a recent examination of the 391.47-carat diamond recovered by Meya Mining ("Meya") in Sierra Leone. Trustco holds a 19.5% interest in Meya, which operates under a 25-year exclusive diamond mining license in the Kono District. The 391.47-carat diamond was part of a 515-carat rough diamond recovered in the Meya River kimberlite domain on Tuesday, 20 August 2024, during the […] today22 October, 2024
insert_link Business / Economics Trustco increases stake in Legal Shield Trustco Group Holdings Limited has announced progress in its plan to acquire an additional 11.35% stake in Legal Shield Holdings from Riskowitz Value Fund LP. This acquisition will raise Trustco’s total ownership of LSH to 91.35%. The transaction, valued at approximately $468 million, includes two insurance companies, covering both short-term and life insurance, as well as real estate assets from the Otrusco Group. These assets include notable developments such as […] today15 October, 2024
insert_link Local Trustco Group Holdings Announces Share Consolidation for Global Market Alignment Trustco Group Holdings Limited (JSE: TTO; NSX: TUC; OTCQX: TSCHY) has announced a significant move to implement a share consolidation, also known as a reverse stock split, in response to its recent upgrade of its American Depositary Receipts (ADR) program. The board has approved and recommended to shareholders a consolidation of shares at a ratio of 20:1. This consolidation aligns with the ADR ratio of 1:20, ensuring consistency between […] today14 August, 2024
insert_link Local Trustco plans to upgrade ADR program to enhance presence in US capital markets Trustco Group Holdings Limited (Trustco) has announced plans to upgrade its American Depositary Receipts (ADR) program to Level 3, in order to expand its presence in the United States of America (US) capital markets. Trustco's ADR program began in 2014 as a Level 1 program through Bank of New York Mellon, and was enhanced in 2019 with a real-time Level 1 sponsored ADR program on the OTCQX Best Market. […] today8 August, 2024
insert_link Namibia Trustco Group Holdings Announces $5 Million Share Repurchase Deal Trustco Group Holdings has completed a $5 million share repurchase agreement with the University of Notre Dame du Lac on the Johannesburg stock exchange. This deal involves acquiring 120.5 million shares, amounting to 12.8% of its total outstanding shares. The repurchased shares will be canceled as part of Trustco's effort to enhance shareholder value by buying back undervalued shares. Deputy CEO of Trustco Group, Quinton Van Rooyen Junior today25 June, 2024
insert_link Local TRUSTCO’s Winna Mariba powered by nbc concludes sensational debut season Trustco Group Holdings Ltd (Trustco) and the Namibian Broadcasting Cor poration (NBC) celebrate the resounding success of the first season of their highly-anticipated television game show, Winna Mariba. Since its launch on October 18, 2023, this collaboration has captivated Namibian audiences, culminating in a memorable 13th episode celebrity finale that aired on May 29, 2024. Trustco's Winna Mariba, powered by NBC and premiered on NBC2 on March […] today30 May, 2024
insert_link Business / Economics Trustco increases stake in Legal Shield Holdings Trustco Group Holdings Limited has announced the acquisition of an additional 11.35% interest in Legal Shield Holdings Limited from Riskowitz Value Fund LP for N$ 468 million. The strategic transaction fortifies Trustco's investment footprint in the insurance and real estate sectors in Namibia, both primed for substantial growth in the post-pandemic landscape. The coveted assets acquired encompass Trustco Insurance Limited, Trustco Life Limited, and an extensive real estate portfolio spanning […] today23 April, 2024
