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

voluntary shutdown

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Business / Economics

Trustco Bank Completes Voluntary Shutdown

Trustco Bank has officially ceased operations, finalizing its voluntary closure process that began on 23 August 2024. Following extensive efforts to reimburse depositors, any unclaimed funds have been transferred to the Guardian Fund under the Master of the High Court, as directed by the Bank of Namibia. Trustco’s Deputy CEO, Quinton Van Rooyen Junior, confirmed the completion of the process.  

today4 March, 2025 35

World

TikTok has begun restoring access to users in the United States

  TikTok has begun restoring access to users in the United States after a brief voluntary shutdown. And according to CBS News, the move followed President-elect Donald Trump's promise to pause a potential ban through an executive order. TikTok expressed gratitude to Trump for providing clarity and assurance to its service providers. The company highlighted its role in supporting free speech and small businesses in the U.S. TikTok also committed […]

today20 January, 2025 5