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.
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.
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 fight between Trustco and the Bank of Namibia is far from over, as the two were again involved in a tit-for-tat this week, with a judgement against the central bank and a fresh application by the latter to have Trustco Bank liquidated.