Year: 2024

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Trustco announces  N$1.9b investment
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Trustco announces N$1.9b investment

Trustco Group Holdings Limited this week announced that a long-time collaborator, Riskowitz Value Fund (RVF), a US-based fund, has entered into a six-months non-exclusive agreement to invest up to US$100 million (about N$1.9 billion) of hybrid capital into the Namibian entity. 

Stocks swing after latest selloff
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Stocks swing after latest selloff

Asian markets fluctuated yesterday as Federal Reserve boss Jerome Powell’s indication that interest rates could stay higher for longer offset a rebound following the latest bout of Middle East-fuelled selling.