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 21
insert_link Business / Economics Trustco Group reports resilient 2023 financial results Trustco Group Holdings Limited has released its 2023 financial results. The group maintained strong financial standing, ending the year with N$ 1.15 billion in shareholders' equity. However, the Group's Net Asset Value declined from N$ 1,834 million to N$ 1,153 million. Here’s Deputy CEO Quinton Van Rooyen Junior. todayDecember 19, 2023 57
insert_link Namibia The Institute of Open Learning (IOL) celebrates another milestone in education at their graduation. In a splendid ceremony held at the Windhoek Country Club and Resort this morning, the International Open Learning (IOL) celebrated its annual graduation, marking a significant milestone for 860 graduates, their families, and friends. The pact venue bore witness to one of the largest gatherings of graduates in the field of education this year. "IOL has always been committed to providing quality education to Namibians, breaking barriers and making higher […] todayNovember 30, 2023 20