Trustco confident about Namibia's growth prospects

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Trustco, which emerged last year from a gruelling fight with the Johannesburg Stock Exchange, where it is listed, has secured a close to N$1 billion investment from an American company.

Deputy Chief Executive Officer of Trustco, Quinton van Rooyen Junior, said the investment is a vote of confidence in Namibia's future.

In an interview with nbc News about the investment of N$950 million, Van Rooyen Junior said foreign investors should, before putting their money down, look at how safe the country is, its legal and financial environment, and its governance structures.

JSE lifts its suspension on Trustco

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Trustco has informed its shareholders that its suspension by the Johannesburg Stock Exchange, JSE has been lifted and that its shares will start trading today.

The news of the lifting was welcomed by the Deputy Chief Executive Officer, of Trustco Group, Quinton van Rooyen Junior. 

The JSE-listed financial services, property, and mining company were suspended from the bourse in November for overstating its financial results.