News

2024
  • 08 October 2024 – NBC1 interview with Quinton Z van Rooyen, Deputy CEO of Trustco Group Holdings

    8th October 2024

    NBC1 interview with Quinton Z van Rooyen, Deputy CEO of Trustco Group Holdings Watch the exclusive interview with Quinton Z van Rooyen, Deputy CEO of Trustco Group Holdings, that aired on NBC1’s Business Today with host Celma Ndhikwa. The conversation delved into Trustco’s latest developments and recent headlines surrounding its investee entities. #TrustcoGroupHoldings #NBC

  • 05 September 2024 – Increase In Share Capital

    5th September 2024

    Increase In Share Capital Trustco shareholders (“Shareholders”) are referred to the announcement published on the Stock Exchange News Service (“SENS”) on 1 February 2024 regarding the results of the Annual General Meeting (“2023 AGM”). READ MORE

  • 30 August 2024 – Closed Period: Share Repurchase Programme

    30th August 2024

    Closed Period: Share Repurchase Programme Shareholders are advised that the Company has, in compliance with paragraph 5.72(h) of the Listings Requirements of the JSE Limited (“JSE”), established a share repurchase programme in terms of which the Company, either directly or through a subsidiary company, may repurchase ordinary shares during its closed period (“Repurchase Programme”). READ

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  • 27 August 2024 – Meya Mining Recovers a 391 Carat Diamond

    27th August 2024

    Meya Mining Recovers a 391 Carat Diamond Freetown, 26th August 2024. The Ministry of Mines and Mineral Resources and the National Minerals Agency are delighted to announce the recovery of a 391.45-carat diamond from the Meya Mine in Kono District, Eastern Sierra Leone. The diamond, which was recovered on Tuesday, 20 August 2024, is the

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  • 23 August 2024 – Trustco’s Specific Issue Of Shares To Executive Directors

    23rd August 2024

    Trustco’s Specific Issue Of Shares To Executive Directors Shareholders are advised that the board, on the recommendation of the Remuneration Committee, approved a FY2024 Share Bonus Proposal (“FY2024 Bonus”). In terms of the bonus scheme the executive member, Mr Floors Abrahams, the Financial Director of Trustco would receive 5,000,000 (Five Million) Trustco Shares. READ MORE

  • 23 August 2024 – Trustco Exits Commercial Banking Portfolio In Namibia

    Trustco Exits Commercial Banking Portfolio In Namibia Trustco Group Holdings Ltd (TTO.SJ), the parent company of Trustco Bank Namibia Limited (Trustco Bank), today announced its decision to exit its investment in its commercial banking portfolio, which accounts for less than 1% of its total investments. Trustco Bank Namibia Limited (“Trustco Bank”) has resolved to return

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  • 23 August 2024 – Voluntary Announcement: Trustco Exits Commercial Banking Portfolio

    Voluntary Announcement: Trustco Exits Commercial Banking Portfolio Trustco Group Holdings Ltd (“Trustco”) shareholders are referred to the voluntary announcement published on SENS on 30 September 2022. Trustco Bank Namibia Limited (“Trustco Bank”) has resolved to return its banking license to Bank of Namibia for cancellation, effective immediately. READ MORE

  • 13 August 2024 – Trustco Issues Shares To Independent Non-Executive Directors

    13th August 2024

    Trustco Issues Shares To Independent Non-Executive Directors Windhoek, Namibia, 13 August 2024 – Trustco Group Holdings Limited (JSE: TTO; NSX: TUC; OTCQX: TSCHY) is pleased to announce a proposal for ad hoc compensation in lieu of historical Independent Non-Executive Directors (INEDs) compensation during successive years. The INEDs voluntarily implemented a 20% reduction in their compensation,

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  • 31 July 2024 – Update: Addendum To Legal Shield Holdings Limited Acquisition

    31st July 2024

    Update: Addendum To Legal Shield Holdings Limited Acquisition Shareholders are referred to the Terms Announcement dated 23 April 2024 in respect of the transaction in which Trustco Group Holdings Limited (“the Purchaser”) has entered into an agreement with Riskowitz Value Fund LP (the “Seller” or “RVF”) to acquire 1,135 shares in Legal Shield Holdings Limited

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  • 22 July 2024 – Small Related Party Transaction – Updated Announcement

    22nd July 2024

    Small Related Party Transaction – Updated Announcement Shareholders are referred to the announcement released on SENS on 17 July 2024, where Shareholders were advised of the implementation of the small related party transaction. The wording and definitions referenced in the beforementioned SENS would be applied to this announcement. READ MORE

  • 17 July 2024 – Small Related Party Transaction

    17th July 2024

    Small Related Party Transaction Shareholders are referred to the announcement released on SENS on 20 March 2020 (“Initial Announcement”), where Shareholders were advised that Trustco Business Developments (Pty) Ltd (“TBD”), a wholly owned subsidiary of Trustco, and investment vehicle for its mining investments and Riskowitz Value Fund LLP (“RVF”) (“the Parties”) entered into a sale

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  • 12 July 2024 – Update on Transactions and Withdrawal of Cautionary Announcement

    12th July 2024

    Update on Transactions and Withdrawal of Cautionary Announcement Trustco Shareholders (“Shareholders”) are referred to the cautionary announcements released on SENS on 27 February 2024, and the renewals of such announcement, last dated 28 May 2024 regarding the Company’s processes of concluding pivotal transactions with key shareholders. READ MORE

  • 24 June 2024 – Trustco Entities Specific Repurchases Of Shares From A Related Party

    Trustco Entities Specific Repurchases Of Shares From A Related Party Shareholders are advised that Trustco Group Holdings Limited (“Trustco”) and Trustco Resources (Proprietary) Limited, a private company with registration number 2015/0081, (“Trustco Resources”); and Legal Shield Holdings Limited, a public company with registration number 2006/389, (“Legal Shield”), collectively referred to as “Trustco Entities” entered into

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  • 20 June 2024 – Trustco Group Holdings Limited (“Trustco”): SCA Judgement On JSE Directive

    20th June 2024

    Trustco Group Holdings Limited (“Trustco”): SCA Judgement On JSE Directive Trustco hereby informs shareholders that the Supreme Court of Appeal (SCA) of South Africa has delivered its judgement regarding the Company’s appeal against the Johannesburg Stock Exchange (JSE) directive to restate its financial statements for the year ending March 31, 2019. READ MORE

  • 5 June 2024 – Trustco’s Meya Mining Investment Confirms $763 Million Diamond Resource

    5th June 2024

    Trustco’s Meya Mining Investment Confirms $763 Million Diamond Resource Windhoek, Namibia – Trustco Group Holdings Limited (TTO.SJ) has announced that Meya Mining, in which Trustco’s mining portfolio holds a 19.5% interest, and is located within the eastern province of Sierra Leone, has released promising findings from a diamond resource estimate for the Meya River Kimberlite

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  • 31 May 2024 – Trustco Shares Surge 49% Following Positive Trading Update Release

    31st May 2024

    Trustco Shares Surge 49% Following Positive Trading Update Release Windhoek, Namibia – Trustco continues to demonstrate its ability to generate above-average investment returns. During the interim review period, Trustco’s Net Asset Value (NAV) increased by 9.5% from NAD 1.15 billion (USD 62 million) to NAD 1.26 billion (USD 68 million) during the last six months.

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  • 30 May 2024 – Cautionary Announcement: Meya Mining Mauritius (“Meya Mining”) Valuation

    Cautionary Announcement: Meya Mining Mauritius (“Meya Mining”) Valuation Trustco Shareholders (“shareholders”) are referred to the announcement published on SENS dated 27 July 2023. In the announcement, shareholders were informed about the Transaction through which Sterling Global Trading (“SGT”) would become a 70% shareholder in Meya Mining. The terms mentioned in the aforementioned SENS announcement still

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  • 30 May 2024 – Trustco’s Winna Mariba Powered By NBC Concludes Sensational Debut Season

    Trustco’s Winna Mariba Powered By NBC Concludes Sensational Debut Season Windhoek, Namibia – Trustco Group Holdings Ltd (Trustco) and the Namibian Broadcasting Corporation (NBC) celebrate the resounding success of the first season of their highly-anticipated television game show, Winna Mariba. Since its launch on October 18, 2023, this collaboration has captivated Namibian audiences, culminating in

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  • 15 April 2024 – SENS Announcement Renewal of Cautionary Announcement

    15th April 2024

    SENS Announcement Renewal of Cautionary Announcement Trustco Shareholders (“Shareholders”) are referred to the cautionary announcements released on SENS on 16 January 2024 and 27 February 2024 respectively, regarding the Company’s processes of concluding pivotal transactions with key shareholders. READ MORE

  • 07 March 2024 – Cash, Cornhole and Legal Luck: A Riveting Start to Winna Mariba

    7th March 2024

    Cash, Cornhole and Legal Luck: A Riveting Start to Winna Mariba The highly anticipated premiere of Trustco’s Winna Mariba game show, powered by NBC delivered an exhilarating evening of entertainment and suspense. The debut episode, which aired last night on NBC2, captivated viewers as four contestants – Martie McKay, Julia Nghishilenapo, Johannes Naujoma and Mariana

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  • 27 February 2024 – SENS Announcement Renewal of Cautionary Announcement

    28th February 2024

    SENS Announcement Renewal of Cautionary Announcement Trustco Shareholders (“Shareholders”) are referred to the cautionary announcement released on SENS on 16 January 2024, regarding the Company’s processes of concluding pivotal transactions with key shareholders, as per below: READ MORE

  • 02 February 2024 – Trustco Group Holdings Annual General Meeting

    2nd February 2024

    Trustco Group Holdings Annual General Meeting Trustco Group Holdings Limited conducted its Annual General Meeting (AGM) of Shareholders on Thursday, 1 February 2024, at the group’s Head Office in Windhoek, Namibia. The session, presided over by the Chairman of Trustco’s Board, Adv Raymond Heathcote, engaged shareholders both present and via live stream, featuring a dynamic

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  • 1 February 2024 – SENS Announcement Results of AGM

    1st February 2024

    SENS Announcement Results of AGM The board of directors of Trustco advises that at the Annual General Meeting of shareholders held on 1 February 2024 (“AGM”), all the resolutions, as set out in the Integrated Annual Report distributed to shareholders on 18 December 2023, were duly approved by the requisite majority of shareholders present and

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  • 30 January 2024 – The Alexforbes Lead Story

    31st January 2024

    The Alexforbes Lead Story Deputy CEO Quinton van Rooyen Jnr. provides comprehensive insights during an exclusive interview with Gary Stroebel from The Business Report, delving into Trustco Group’s strategic investment of N$ 2.4 billion in the local economy. For a more in-depth understanding of this transformative move, we invite you to listen to the complete

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  • 20 January 2024 – Trustco Confident About Namibia’s Growth Prospects

    20th January 2024

    Trustco Confident About Namibia’s Growth Prospects Financial services company Trustco Namibia Group Holdings has secured a close to one billion dollar investment from an American company. Deputy chief executive officer of Trustco, Quinton van Rooyen Junior, says the investment is a vote of confidence in Namibia’s future. #NBCNews#nbcDSTV282#nbcdigitalnews#nbcGOtv20#nbcPlusApp

2023
  • 18 December 2023 – Trustco Announces Results For 2023 Financial Year

    18th December 2023

    Trustco Announces Results For 2023 Financial Year Trustco Group Holdings Limited today announced its financial results for the 2023 financial yearended 31 August 2023. Despite navigating a challenging investment landscape, the diversified Namibian-based investment group again showcased resilience and adaptability. READ MORE

  • 18 December 2023 – SENS Announcement Short Form Announcement

    SENS Announcement Short Form Announcement Trustco’s Board is pleased to announce its financial results for the 12 months ended 31 August 2023. Despite navigating a challenging investment landscape, the diversified Namibian-based investment group again showcased resilience and adaptability. READ MORE

  • 03 October 2023 – Trustco Remains Committed To Strong Corporate Governance

    Trustco Remains Committed To Strong Corporate Governance Trustco Group Holdings Limited (Trustco) acknowledges the public censure imposed by the JSE Limited (JSE) related to the Huso Transaction. As part of the JSE’s investigation into the proactive monitoring in respect of the Huso Transaction, the JSE found that Trustco should have addressed the need for the

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  • 29 September 2023 – Trustco Bank Interdict Application Dismissed On Urgency Grounds

    29th September 2023

    TRUSTCO BANK INTERDICT APPLICATION DISMISSED ON URGENCY GROUNDS Trustco Group Holdings Limited (Trustco) announces that the urgent interdict application filed by its investee, Trustco Bank Namibia Limited (Trustco Bank), has been dismissed by the Windhoek High Court. In one of several cases before the courts between the parties, Judge Boas Usiku ruled against granting urgent

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  • 26 September 2023 – A Standing Ovation to Trustco United Netball Club’s Champs!

    27th September 2023

    A Standing Ovation to Trustco United Netball Club’s Champs! Hats off to Trustco United Sport Club’s A and B netball teams for bringing home some well-deserved accolades over the weekend! Your dedication, hard work and inspiring commitment have undeniably yielded great results! Here’s a round of applause in recognition of your remarkable achievements: Trustco United

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  • 18 September 2023 – Trustco NTA Junior Tennis Tournament

    18th September 2023

    Trustco NTA Junior Tennis Tournament Over the past weekend, the Trustco NTA Junior Tennis Tournament 2023 once again served as a vibrant stage for junior tennis to shine in Namibia. The successful event illuminated a surge of fresh talents emerging from grassroots levels, showcasing the positive outcomes of sustained sports development initiatives.The tournament exhibited an

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  • 13 September 2023 – Trustco Group Hits First Baseline For 2023!

    13th September 2023

    Trustco Group Hits First Baseline For 2023! Junior tennis will once again command the spotlight as the first of two Trustco Group Holdings Ltd (Trustco) sponsored tournaments is set to commence this upcoming weekend, starting on Friday, September 15, 2023. In collaboration with the Namibian Tennis Association (NTA), Trustco has forged a robust and enduring

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  • 01 September 2023 – SENS Announcement Loan Conversion Option

    1st September 2023

    01 September 2023 – SENS Announcement Loan Conversion Option Shareholders are advised that Trustco (“the Borrower”) has negotiated terms with Dr. Quinton van Rooyen (“van Rooyen”) and Next Capital (Pty) Ltd (“Next”) (collectively referred to as “the Lender”) to grant an option to convert the N$1,478,768,750 (one billion four hundred and seventy eight million seven

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  • 01 September 2023 – Trustco Establishes Closed Period Share Buyback Program

    01 September 2023 – Trustco Establishes Closed Period Share Buyback Program Trustco Group Holdings Limited (Trustco) has announced the establishment of a share repurchase program to be executed during its closed period commencing September 1, 2023. Under the buyback program, Trustco or a subsidiary may repurchase up to 197,447,716 shares directly or 98,723,858 shares via

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  • 20 August 2023 – Trustco Group Holdings Responds To Trustco Bank License Suspension

    20th August 2023

    20 August 2023 – Trustco Group Holdings Responds To Trustco Bank License Suspension Trustco Group Holdings, a distinguished Namibian investment entity committed to prudent financial stewardship, hereby issues a comprehensive response to the recent decision by the Bank of Namibia (BoN) to suspend the authorization of Trustco Bank Namibia (Trustco Bank) to operate as a

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  • 16 August 2023 – Trustco Renews Management Agreement to Drive Future Investment Returns

    16th August 2023

    Trustco Renews Management Agreement to Drive Future Investment Returns Trustco announced the renewal of a management agreement with Next Capital (Pty) Ltd to secure continuity of leadership and alignment with shareholder interests over the next decade. The agreement provides Trustco ongoing access to its experienced executive team, led by CEO Dr. Quinton van Rooyen, to

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  • 27 July 2023 – Trustco Group Announces US$75 Million Coinvestment in its Resources Portfolio

    27th July 2023

    27 July 2023 – TRUSTCO GROUP ANNOUNCES US$75 MILLION COINVESTMENT IN ITS RESOURCES PORTFOLIO Trustco today announced a transformative US$75 million coinvestment in its resources portfolio, specifically in its Meya diamond mining investment in Sierra Leone. The capital injection will fully fund the mine’s accelerated production ramp-up and enables Trustco to recycle its initial investment

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  • 06 June 2023 – SENS Renewal of Cautionary Announcements

    6th June 2023

    06 June 2023 – SENS Renewal of Cautionary Announcements Shareholders are referred to the renewal of the cautionary announcement dated 7 Marchand 21 April 2023 regarding:• the agreement (“Management Agreement”) entered into between Next Capital Ltd(“Next”) and Trustco in terms of which Next has been appointed to provide themanagement services to Trustco, for which Next

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  • 31 May 2023 – SENS Announcement Interim Results 28 Feb 2023

    31st May 2023

    31 May 2023 – SENS Announcement Interim Results 28 Feb 2023 Trustco herewith publishes its unaudited condensed consolidated interim results for the six months ended 28 February 2023 (“2023 Interim Results”). Comparisons for purposes of this announcement are made against Trustco’s restated results for the 6-month period ended 28 February 2022 (“2022 Restated Interim Results”).

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  • 29 May 2023 – NBC & Trustco Sign MoU

    29 May 2023 – NBC & Trustco Sign MoU THE Namibian Broadcasting Corporation (NBC) and Trustco Group Holdings Ltd (Trustco) signed a Memorandum of Understanding (MoU) on Monday, 29 May 2023 in Windhoek at the national broadcaster’s head office.   Following the signing ceremony, the two parties jointly agrees to execute the following upon the

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  • 30 March 2023 – SENS Announcement Results of AGM

    31st March 2023

    The board of directors of Trustco advises that at the Annual General Meeting of shareholders held on 30 March 2023 (“AGM”), all the resolutions, as set out in the Integrated Annual Report distributed to shareholders on 28 February 2023, were duly approved by the requisite majority of shareholders present and voting. READ MORE

  • 28 February 2023 – Press Release Trustco Results 2022

    28th February 2023

    TRUSTCO ANNOUNCES RESULTS FOR 2022 FINANCIAL YEAR Trustco Group has reported strong financial results for the 12 months ended 31 August 2022, along with its 30th consecutive unmodified audit report. The group has achieved a compounded annual growth rate of 74.6% in capital and reserves since its inception, and 22.8% since its first public listing

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  • 22 February 2023 – SENS Announcement Trading Statement

    22nd February 2023

    Trustco shareholders (“Shareholders”) are advised that the Group is finalising its Audited Annual Financial Statements for the 12-month period ended 31 August 2022 (“2022 Year End Results”). READ MORE

  • 23 January 2023 – SENS Announcement Late Submission of AFS

    Shareholders of Trustco are referred to the SENS announcement released by the JSE on 3 January 2023 regarding the late submission of the provisional report and Annual Financial Statements (“Provisional Report” and “AFS”). READ MORE

2022
  • 9 December 2022 – SENS Renewal of Cautionary Announcements

    9th December 2022

    Shareholders are referred to the cautionary announcement dated 11 October 2021 and the subsequent renewals of such cautionary announcement regarding the agreement (“Management Agreement”) entered into between Next Capital Ltd (“Next”) and Trustco in terms of which Next has been appointed to provide the management services to Trustco, for which Next shall earn a fee

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  • 1 December 2022 – SENS Announcement Update on FSCA Investigations

    2nd December 2022

    Trustco shareholders (“Shareholders”) are referred to the SENS announcement dated 28 May 2018 where it was announced that the Financial Sector Conduct Authority (the “FSCA”) was conducting investigations into the trading activities of Trustco Group Holdings Limited’s share (“TTO Securities”), trading on the Johannesburg Stock Exchange Limited (the “JSE”).

  • 15 November 2022 – SENS Announcement Cautionary Announcement

    15th November 2022

    Trustco shareholders (“Shareholders”) are referred to the announcement published on SENS on 4 August 2022 relating to the Term Sheet in terms wherein Trustco Resources (Mauritius) (“Trustco Resources”) a 100% owned subsidiary of Trustco Resources (Proprietary) Limited and Meya a 65% owned subsidiary of Trustco Resources, Germinate (SL) Limited (“Germinate”) a 35% shareholder of Meya and SJSL (“the Parties”)

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  • 9 November – Namra Submits to Trustco Court Order 

    9th November 2022

    The High Court of Namibia ordered the Namibia Revenue Authority (NamRA) to withdraw the unwarranted notices issued in terms of the Income Tax Act and the Value Added Tax Act with regards to Trustco Group Holdings Ltd’s (Trustco) accounts, and that no new notices may be issued until the finalization of the review application.  This

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  • 7 November 2022 – Trustco to Restate its Financials

    7th November 2022

    After a protracted legal battle with the Johannesburg Stock Exchange (JSE) and the Financial Services Tribunal (FST), over a period of more than two years, Trustco now has actionable evidence that its financials will need to be restated after Judge Potterill ruled that the Financial Services Tribunal decision of 22 November 2021 stands.  Judge Potterill

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  • 28 October 2022 – SENS Announcement Renewal of Cautionary

    28th October 2022

    Shareholders are referred to the cautionary announcement dated 11 October 2021 and the subsequent renewals of such cautionary announcement regarding the agreement (“Management Agreement”) entered into between Next Capital Ltd (“Next”) and Trustco in terms of which Next has been appointed to provide the management services to Trustco, for which Next shall earn a fee

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  • 3 October 2022 – SENS Announcement Dealing by Director

    3rd October 2022

    Shareholders are referred to the announcement published on SENS dated 4 July 2019 in terms whereof shareholders were updated on a stock lending agreement between an associate of an executive director and Evo Fund (“EVO”). READ MORE

  • 30 September 2022 – Sens Announcement Specific Repurchase Transaction

    30th September 2022

    Shareholders are referred to the announcement released on SENS on 20 August 2021regarding the agreement entered into between Trustco Capital (Pty) Ltd (“Trustco Capital”) and Constantia Risk and Insurance Holdings Limited (“Constantia”) in terms of which Trustco Capital shall repurchase 51 769 633 Trustco shares from Constantia at a rate of NAD 1.81 per share

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  • 16 September 2022 – SENS Announcement Renewal of Cautionary

    16th September 2022

    Shareholders are referred to the cautionary announcement dated 11 October 2021 and the subsequent renewals of such cautionary announcement regarding the agreement (“Management Agreement”) entered into between Next Capital Ltd (“Next”) and Trustco in terms of which Next has been appointed to provide the management services to Trustco… READ MORE

  • 14 September 2022 – Trustco Group Serves up its first NTA Tournament for 2022!

    14th September 2022

    Trustco Group Holdings together with the Namibia Tennis Association (NTA), will once again provide its unwavering support this weekend, 16 to 17 September, to the annual Trustco NTA Junior Tennis Tournament 2022. With a high number of players expected, the event will be hosted at multiple tennis venues, such as the Police Club, Central Tennis

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  • NOVA 103.5 in a One on One with Trustco

    12th August 2022

    The weekly Business Report on NOVA 103.5, which provides an economic overview of international, regional and local business and economics, is growing from strength to strength in the business community. In the aftermath of Trustco’s successful interdict against the JSE, Deputy CEO of the Trustco Group of Companies, Quinton van Rooyen Jr, sat down with

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  • 8 August 2022 – Trustco Defeats JSE

    8th August 2022

    In the aftermath of a struggle of gigantic proportions, Trustco finally saw justice prevail as itsurgent interdict to restrain the JSE from suspending its listing was upheld today. READ MORE

  • 4 August 2022 – SENS Announcement Renewal of Cautionary

    Shareholders are referred to the cautionary announcement dated 11 October 2021 and the subsequent renewals of such cautionary announcement regarding the agreement (“Management Agreement”) entered into between Next Capital Ltd (“Next”) and Trustco in terms of which Next has been appointed to provide the management services to Trustco, for which Next shall earn a fee

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  • 15 July 2022 – SENS Announcement Update on Trustco and the JSE IFRS Dispute

    15th July 2022

    Current litigation 1. Trustco refers to the announcement published on SENS on 29 June 2022 where the Interim Financial Statements were published for the period ended 28 February 2022 (“Interim Results”) together with an update on the ongoing litigation between the JSE and Trustco. READ MORE

  • 15 July 2022 – Press Release Update on the TGH and JSE IFRS Matter

    Trustco refers to the announcement published on SENS on 29 June 2022 where the Interim Financial Statements were published for the period ended 28 February 2022 (“Interim Results”) together with an update on the ongoing litigation between the JSE and Trustco. READ MORE

  • 29 June 2022 – Press Release TGH Interims 2022

    29th June 2022

    Windhoek, Namibia – Trustco Group Holdings Limited (“Trustco”) has announced the release of its latest unaudited condensed consolidated interim results for the six months ended 28 February 2022. READ MORE

  • 23 June 2022 – SENS Announcement Renewal of Cautionary

    23rd June 2022

    Shareholders are referred to the cautionary announcement dated 11 October 2021 and the subsequent renewals of such cautionary announcement regarding the agreement (“Management Agreement”) entered into between Next Capital Ltd (“Next”)… READ MORE

  • 11 May 2022 – SENS Announcement Renewal of Cautionary Announcement

    11th May 2022

    Shareholders are referred to the cautionary announcement dated 11 October 2021 and the subsequent renewals of such cautionary announcement regarding the agreement (“Management Agreement”) entered into between Next Capital Ltd (“Next”) and Trustco in terms of which Next has been appointed to provide the management services to Trustco, for which Next shall earn a fee

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  • 29 April 2022 – SENS Announcement Third Addendum on Specific Repurchase

    29th April 2022

    Shareholders are referred to the announcement released on SENS on 20 August 2021 regarding the agreement entered into between Trustco Capital (Pty) Ltd (“Trustco Capital”) and Constantia Risk and Insurance Holdings Limited (“Constantia”) in terms of which Trustco Capital shall repurchase 51 769 633 Trustco shares from Constantia at a rate of NAD 1.81 per

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  • 23 March 2022 – SENS Announcement Withdrawal of Cautionary Announcement

    23rd March 2022

    Shareholders (“Shareholders”) are referred to the cautionary announcement published on SENS on 28 December 2021 in terms whereof Trustco advised Shareholders that it and it’s Sierra Leonean partner Germinate, received a written offer from a first tier global diamond producer. The offer was for USD 150 million as a debt facility to scale production at

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  • 17 March 2022 – Results of Annual General Meeting

    17th March 2022

    The board of directors of Trustco advises that at the Annual General Meeting of shareholders held on 17 March 2022 (“AGM”), all the resolutions, as set out in the Integrated Annual Report distributed to shareholders on 31 January 2022, were duly approved by the requisite majority of shareholders present and voting. Shareholders are advised that:

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  • 14 March 2022 – Trustco Rides Award Wave

    16th March 2022

    The latest edition of the PMR Africa awards confirmed Trustco Group Holdings Ltd.’s reputation as Most Innovative Company/Institution in Namibia. Trustco was handed the Golden Arrow award during a ceremony at the Arebbusch Travel Lodge in the capital city of Windhoek, Namibia, where the most prestigious businesses rubbed shoulders. With these awards PMR Africa demonstrates

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  • 7 March 2022 – SENS Announcement Update on Annual General Meeting

    7th March 2022

    Trustco shareholders (“Shareholders”) are referred to the SENS announcement published on 31January 2022 which contained the Notice of the AGM. Shareholders are reminded that the AGM in respect of the financial year ended 31 August 2021 will beheld at Trustco House, 2 Keller Street, Windhoek and conducted by way of and will be accessible toShareholders

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  • 25 February 2022 – Trustco Salutes Another Group of Junior Board Trainees

    25th February 2022

      Windhoek, Namibia – Trustco Group Holdings Limited (“Trustco”) salutes the seven young, dynamic individuals that completed its latest junior board mentorship programme. This successful mentorship programme that was conducted over a period of a year produced some of the best talent since its inception in 2018, when the first Junior Board Mentorship Programme was

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  • 21 February 2022 – SENS Update on Trustco’s Review Application

    21st February 2022

    Trustco refers to the SENS announcement published on 23 November 2021 where shareholders were updated on the ruling of its application for reconsideration by the Financial Services Tribunal against the JSE directive.Shareholders are also referred to the announcement released on 31 January 2022 in terms of which shareholders were informed that Trustco had served the

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  • 21 February – SENS Renewal of Cautionary Announcement

    Shareholders are referred to the cautionary announcement dated 11 October 2021 and the subsequent renewals of such announcement, the latest of which was dated 10 January 2022 regarding the agreement (“Management Agreement”) entered into between Next Capital Ltd (“Next”) and Trustco in terms of which Next has been appointed to provide the management services to

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  • 1 February 2022 – Trustco Announces Results for 2021 Financial Year

    1st February 2022

    With the release of Trustco’s Integrated Annual Report and Financial Statements for the period ending 31 August 2021, Trustco’s Group Managing Director, Dr Quinton van Rooyen, noted that, “Trustco did manage to break a few records this year. This marks the first year that the value of the group’s investments outside Namibia are greater than

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  • 31 January 2022 – SENS Announcement Update on Review Application

    31st January 2022

    Trustco refers to the SENS announcement published on 23 November 2021 where shareholders were updated on the ruling of its application for reconsideration by the Financial Services Tribunal against the JSE directive. Shareholders were informed that Trustco had 180 days to bring a review application to the High Court in South Africa in terms of

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  • 28 January 2022 – SENS Announcement Second Addendum on Specific Repurchase

    28th January 2022

    Shareholders are referred to the announcement released on SENS on 20 August 2021 regarding the agreement entered into between Trustco Capital (Pty) Ltd (“Trustco Capital”) and Constantia Risk and Insurance Holdings Limited (“Constantia”) in terms of which Trustco Capital shall repurchase 51 769 633 Trustco shares from Constantia at a rate of NAD 1.81 per

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  • 28 January 2022 – SENS Announcement Trading Statement for the 11 Month Financial Period

    Trustco is a diversified triple listed family owned investment holding company, with a culture of creating long–term sustainable growth for all stakeholders. Decisions are biased towards long–term value creation and short–term hurdles are viewed as catalysts to drive above average investment returns. The Company invests in high quality, world class assets in the Financial Services

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  • 10 January 2022 – SENS Announcement Renewal of Cautionary

    10th January 2022

    Shareholders are referred to the cautionary announcement dated 11 October 2021 and the renewal Shareholders are referred to the cautionary announcement dated 11 October 2021 and the renewal of such announcement on 22 November 2021 regarding the agreement (“Management Agreement”) entered into between Next Capital Ltd (“Next”) and Trustco in terms of which Next has

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2021
  • 28 December 2021 – SENS Announcement Cautionary Announcement

    28th December 2021

    Trustco Shareholders (“Shareholders”) are referred to the Company’s unaudited condensed consolidated interim results for the six months period ended 31 March 2021 published on 30 June 2021 in terms whereof it was advised that the Company’s subsidiary, Meya Mining (“Meya Mining”)… READ MORE

  • 1 December 2021 – SENS Announcement non binding advisory vote

    1st December 2021

    Trustco Shareholders (Shareholders) are referred to the announcements released on SENS on 23 November 2021 in terms whereof Shareholders were advised of the dismissal of Trustco’s application for reconsideration by the Financial Services Tribunal in South Africa. READ MORE

  • 23 November 2021 – Trustco FRIP Press Release

    TRUSTCO’S APPLICATION FOR RECONSIDERATION AT THE FINANCIAL SERVICES TRIBUNAL DISMISSED Trustco Group Holdings Ltd is disappointed to note that its application for reconsideration by the Financial Services Tribunal has been dismissed, as referenced in the SENS announcement published by the JSE on 22 November 2021.  Trustco does not agree with the judgement. READ MORE

  • 22 November 2021 – SENS Announcement Renewal of Cautionary

    22nd November 2021

    Shareholders are referred to the cautionary announcement dated 11 October 2021 and theannouncement dated 23 August 2021 regarding the agreement (“Management Agreement”) enteredinto between Next Capital Ltd (“Next”) and Trustco in terms of which Next has been appointed toprovide the management services to Trustco… READ MORE

  • 3 November 2021 – Trustco Board Appoints Independent Non-Executive Director

    3rd November 2021

    TRUSTCO GROUP HOLDINGS LIMITED Incorporated in the Republic of Namibia (Registration number 2003/058) NSX Share Code: TUC JSE Share Code: TTO OTCQX share code: TSCHY ISIN Number: NA000A0RF067 (“the Company” or “Trustco”)  Media Release 3 November 2021 TRUSTCO BOARD APPOINTS INDEPENDENT NON-EXECUTIVE DIRECTOR Windhoek, Namibia – Trustco has announced the appointment of Ms Janene van den Heever

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  • 18 October 2021 – SENS Announcement Global Credit Rating

    18th October 2021

    Shareholders are referred to announcement published on SENS on 2 November 2020 where shareholders were advised that the Global Credit Rating Company (“GCR”) published the Company’s long-term credit rating of CCC… READ MORE

  • 29 September 2021 – T10 Tournament Report

    29th September 2021

    [transitionslider id=”7″] The Trustco NTA Junior Tennis Tournament held over the past weekend was a smash with 77 players between the ages of 8 and 18 years, hitting it off in Windhoek on Friday afternoon. With 170 matches being played on 22 courts, meticulous planning ensured that everything went smoothly. “It was a busy weekend

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  • 31 August 2021 – The Start of Trustco 2.0

    THE START OF TRUSTCO 2.0: BOARD TRAINING, PRESENTATIONS AND STRATEGIC SESSION Windhoek, Namibia – Trustco Group Holdings’ board of directors, directors of subsidiary boards, top management, group auditors and various special invited experts met on Tuesday 24 August 2021 at the Avani Hotel and Casino for their annual strategic and budget session. This vital and

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  • 31 August 2021 – SENS Announcement Repurchase Programme During Closed Period

    Shareholders are advised that the Company has, in compliance with paragraph 5.72(h) of the Listings Requirements of the JSE Limited (“JSE”), established a share repurchase programme in terms of which the Company, either directly or through a subsidiary company, may repurchase ordinary shares during its closed period (“Repurchase Programme”). READ MORE

  • 18 August 2021 – Trustco Group One Step Closer to Full Vaccination

    18th August 2021

    Staff Reporter TRUSTCO Group Holdings is well on its way to achieve its vaccination targets, aimed to protect the lives of its employees, their families, clients and the communities they reside in. The group has just achieved the 50% percent mark of employees having had their first shots and 20% having achieved full vaccination status,

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  • 15 July 2021 – OnawaMed assists in fight against COVID-19

    15th July 2021

    OnawaMed assists in fight against COVID-19 Staff Reporter OnawaMed, powered by Trustco Life decided to step into the fray of assisting Namibians in need of medical care through Adonia Trust and Covid Warriors Namibia. Many Namibians are in desperate need for daily oxygen, and OnawaMed identified this national need and pledged its assistance. Head of

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  • 15 July 2021 – Trustco and NamPol partnership will ease mortuary load

    Trustco and NamPol partnership will ease mortuary load Zorena Jantze A freezer container donated as a supplementary mortuary to the Namibian Police by Trustco Group Holdings (TGH), in response to the critical overcrowding of bodies at the morgue is welcomed by NamPol as spontaneous volunteerism, patriotism, and human kindness when a nation needs unity and

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  • 19 May 2021 – Trustco Jabs Covid-19 in its Tracks!

    19th May 2021

    Trustco, always aware of its social commitment as a proudly Namibian company, and keeping in line with best international practices, recently joined the national COVID-19 vaccination campaign, championed by the Namibian government. READ MORE

  • 29 April 2021 – SENS Announcement Results of AGM

    29th April 2021

    The board of directors of Trustco advises that at the Annual General Meeting of shareholders held on 29 April 2021 (“AGM”), all the resolutions, as set out in the Integrated Annual Report posted to shareholders on 26 February 2021, were duly approved by the requisite majority of shareholders present and voting… READ MORE

  • 31 March 2021 – Trustco Board Appoints Global Business Leader

    Windhoek, Namibia – Trustco has announced the appointment of Mr Richard Marney to its main board. The internationally acclaimed business developer, with a 45-year career in banking, emerging markets, investing, economics and asset management is appointed as an independent non-executive member of the Trustco Group Holdings board.

  • 18 March 2021 – SENS Announcement Withdrawal of Cautionary

    18th March 2021

    Trustco shareholders are referred to the announcement released on SENS on 12 August 2020 as well as the cautionary announcements released on 4 December 2020 and the subsequent renewals of such cautionary announcement dated 20 January 2021 and 3 March 2021, and using the definitionstherein. Read More

  • 2 March 2021 – The Unshakeable Pillar of Trustco

    WINDHOEK, NAMIBIA – Since its inception on 21 August 1992, Trustco Group Holdings has had people from all walks of life contribute to its continued success. One such individual, who quickly became a cornerstone of the group, is Group Financial Director, Floors Abrahams. Read More

2020
  • 2 November 2020 – SENS Announcement Global Credit Rating

    Trustco Shareholders (“Shareholders”) are advised that the Global Credit Rating Company (“GCR”) has on 30 October 2020 published the Company’s long-term credit rating of CCC – (NA) and its short-term rating of C (NA) with the outlook as evolving. Read More

  • 29 October 2020 – SENS Announcement Trading Statement for the Interim Period

    29th October 2020

    Trustco shareholders (“Shareholders”) are advised that the Group is finalising its audited Interim Financial Statements for the 12 months period ended 31 March 2020 (“Audited Interim Results”). The Group announced that its financial year end changed from 31 March to 30 September in the SENS announcement issued on 31 March 2020. Read More

  • 19 October 2020 – SENS Announcement Voluntary Update in the Resources Segment

    19th October 2020

    Trustco Shareholders (“Shareholders”) are advised that Trustco secured two term sheets, one with an international private equity fund for a debt facility of USD 50 million (~ZAR 822 million) and the second term sheet with an export credit facility to the amount of USD 35.8 million (~ZAR 590 million). Read More

  • Trustco to invest hundreds of millions additionally in Distance-learning  

    Staff Reporter THE Institute for Open Learning (IOL) is set to revolutionize access to student loans for distance learning with the approval of a USD 20 million term loan facility by the Deutsche Investitions und Entwikkelingsgesellschaft (DEG) to Trustco Finance. In a massive demonstration of trust in the Trustco distance learning model that improved the

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  • 3 June 2020 – SENS Announcement DEG Loan Facility

    3rd June 2020

    Loan Facility: Usd 20 000 000 Facilities Agreement Between Trustco Finance (Pty) Limited (“Trustco Finance”) as the Borrower and Deutsche Investitions Und Entwicklungsgesellschaft (“Deg”) as the Lender Read More

  • 31 March 2020 – SENS Announcement Total Issued Shares

    Trustco Shareholders (“Shareholders”) are referred to the SENS announcement dated 12 February 2020 in terms whereof Shareholders were advised that the issued share capital of the Company increased to 1 603 075 619 ordinary shares on 19 February 2020. Read More

  • 31 March 2020 – SENS Announcement Directors Dealings

    In compliance with paragraph 3.63 to 3.74 of the JSE Limited Listings Requirements (‘Listings Requirements”), the company discloses the following dealings in securities by executive directors of Trustco… Read More

  • 27 March 2020 – SENS Announcement Changes to the board

    27th March 2020

    At an audit and risk committee (“ARC”) meeting held on 20 March 2020, management requested the Company’s auditors Moore Johannesburg (“Moore”) to relook the fee structures submitted to the ARC regarding Moore’s proposed audit fees. Read More

  • 24 February 2020 – Sens Announcement change in Company Secretary

    CHANGE IN COMPANY SECRETARY In compliance with the requirements of paragraph 3.59 of the Listings Requirements of the JSE Limited, shareholders are advised that the Board of Directors of the Company has appointed Komada Holdings (Pty) Ltd (“Komada Holdings”)… Read More

  • 17 February 2020 – Media Release – PMR Awards

    17th February 2020

    WINDHOEK, Namibia – Trustco Group Holdings keeps on raising the bar of corporate excellence when they received the prestigious Golden Arrow accolade for Leaders and Achievers at the annual PMR Africa Awards ceremony this morning. Read More

2019
2018
  • 2018 TGH Annual Board Training and Strategic Session

    15th March 2018

    Trustco Group Holdings’ board of directors and top executives, of the various segments of the group, attended the two day group strategic session as well as the annual board training session with Mr Richard Chetwode on Friday, 9 March 2018, at the Swakopmund Strand Hotel. Mr Chetwode is a diamond industry expert with comprehensive knowledge

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  • 14 March 2018 TGH- QVR Code – Media Release

    14th March 2018

    TRUSTCO GROUP HOLDINGS LIMITED Incorporated in the Republic of Namibia (Registration number 2003/058) NSX Share Code: TUC JSE Share Code: TTO ISIN Number: NA000A0RF067 (“the Company” or “Trustco”)   QVRCODE heading for Otjiwarongo!   Thursday evening will be a buzz of activities once again as Dr Quinton van Rooyen takes his now well-established QVRCODE to

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  • Trustco PMR Africa Award, Another Milestone Achievement

    Another milestone achievement. Trustco Group Holdings scooped the PMR Diamond Arrow Award for “Most Innovative Company / Institution in Namibia” at a star studded breakfast this morning at the Safari Hotel, in Windhoek, Namibia. This category for achievers, in which Trustco placed 1st overall and was rated highest, is awarded based on ratings by a

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2017
  • 25 October 2017 – Trustco remains on top

    25th October 2017

          Trustco remains on top Trustco, the two time consecutive of the Deloitte “Best Company to Work For” survey, received the Platinum Seal of Achievement alongside Bank of Namibia and Dundee Precious Metals, the eventual winner of this year’s re-organized competition. Trustco, who has been participating in the survey for the past four

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  • 29 March 2017 – Winner: PMR Diamond Arrow Award for Leaders and Achievers

    29th March 2017

      Another milestone achievement: Trustco Group Holdings scooped the PMR Diamond Arrow Award for Leaders and Achievers on Wednesday, 29 March 2017, during the awards ceremony held at the Safari Court Hotel in Windhoek. This category for achievers is rated on their contribution to the economic growth and development of Namibia through exceptional demonstration of

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2016
  • 15 June 2016 – Oshili Nawa boost

    Oshili Nawa boost: Namibia’s foremost Junior Squash players will be competing in the annual South African Junior Country Districts Squash Festival , popularly referred to as the ‘’Bloem Tour ‘’ between 29th of April and the 2nd May 2016. A total of 32 Namibian junior players will be competing in this prestigious tournament. Neville Basson,

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  • The Davin Trustco Hockey Stadium receives shading and benches

    9th June 2016

     Trustco Group Holdings recently donated umbrellas and picnic benches to the value of N$17 000 in a further move to enhance the amenities at the artificial turf  hockey stadium and to facilitate growth opportunities for young Namibian hockey players. Pictured here at the Davin Trustco Hockey Stadium is Windhoek High school’s hockey coordinator, Mr Johan

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2015
  • Huso Circular

    14th September 2015

    14 Sep 2015 – Distribution of circular on the acquisition of the entire issued share capital of Huso Investments Proprietary Limited by Trustco including notice convening the general meeting.

  • Trustco Joins AOPA to bring Aviation Spectacle to Windhoek

    15th April 2015

    Trustco Joins AOPA to bring Aviation Spectacle to Windhoek Many Namibians fondly remember the last time the general public experienced aviation in its full glory, during the 1995 air show at Eros Airport at which approximately 10 000 people descended on the airport for a memorable event that, until today, generates both excitement and fond

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  • Trustco Group scoops PMR award

    17th February 2015

    The Annual PMR Africa Namibia Country Survey Business Excellence Awards Breakfast 2015 took place at the Windhoek Country Club on the 16th of February 2015. Trustco Group Holdings received a Diamond Arrow Award for placing first as the highest rated business overall in the category for companies held in high esteem as a good corporate citizen,

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2014
  • Highlights of the IFC’s 6th International Private Education Conference

    19th May 2014

    IFC’s 6th International Private Education Conference, Rethinking Education, Shaping the Future, brought together thought leaders and investors in education from around the globe. On April 1-2, 2014 in San Francisco, USA, the delegates discussed how innovation and technology in education delivery and results measurement are giving us new tools for broadening access to quality education

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