Trustco celebrates legacy of partnership with United Sport Club as sponsorship concludes
WINDHOEK, Namibia – Trustco Group Holdings Limited (“Trustco” or “the Group”) today announced the conclusion of its long-standing sponsorship agreement with Trustco United Sport Club, one of Namibia’s oldest sport clubs, as the contract reaches its natural expiry at the end of February 2026. The partnership, spanning nearly 15 years since June 2011, stands as one of the most significant corporate investments in grassroots sport development in Namibia, which has transformed the club into a world-class multi-code sporting venue.
Trustco is confident that United Sport Club has established the strong foundations needed to sustain and grow independently. When Trustco invests shareholder funds into a sponsorship, these are the results we expect – measurable impact, lasting infrastructure, and a partner that can ultimately thrive on its own.
“We set out to build something lasting – not just facilities, but a culture of sporting excellence. Today, United is a multi-code powerhouse with Premier League rugby titles, international cricket fixtures, and thriving hockey and netball programmes. The Trustco United Club came of age, and that is the greatest measure of our success,” said Neville Basson, Head of Corporate Communications and Public Relations at Trustco Group Holdings Limited.
“We would like to thank Trustco Group for allowing Trustco United to grow steadily over the past 15 years. To commit to a sports club for this long is not something we will easily find anywhere else, and we have great appreciation for what the Group has meant for us, both financially and strategically. Seasons change, and both of us must now move on to the next chapter. We equally wish Trustco Group all the best with their future endeavours. Once again, a big thank you,” said Riaan Walters, Chairman of Trustco United Sport Club.
While this sponsorship concludes, Trustco reaffirms its commitment to Namibian sport and youth development. The Group’s wider investments have included millions in the Namibia Squash Association, funding Namibia’s first artificial hockey turfs, sponsoring the Trustco Namibia Sevens Rugby tournament, and supporting junior tennis development.
About Trustco:
Trustco Group Holdings Limited is a holding company headquartered in Windhoek, Namibia, that owns subsidiaries engaged in diverse business activities spanning the real estate, mining, insurance, micro-finance, and education sectors.
About Namibia:
Namibia is a Southern African country with a population of approximately three million and a GDP per capita of USD 4 413 in 2025 (IMF). The country is endowed with rich natural resources, with recent major discoveries of oil and gas reserves, lithium deposits and rare earth minerals that are vital for technology demand globally, with developments also underway in its green hydrogen projects. The Namibian government has heralded these discoveries as a transformative period, holding the potential to double the nation’s GDP by 2040.
The country’s economy is projected to have expanded by 3.6% in 2025 and is projected to expand by 3.8% in 2026 (IMF). With its wealth of natural resources, pro-business environment, political stability and increasingly skilled workforce, Namibia offers attractive investment prospects across all sectors.
Forward-Looking Statements:
All statements made in this media release with respect to Trustco’s current plans, estimates, strategies, beliefs and other statements that are not historical facts, are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” or “would,” or the negative of these words or other similar terms or expressions. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. The Company may not actually achieve the plans, intentions or expectations disclosed in its forward-looking statements, and you should not place undue reliance on these forward-looking statements. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.
