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Trustco Group Announces NAD 4.4 Billion (USD 235 Million) Transaction With Founding Family

WINDHOEK, KHOMAS / ACCESSWIRE / July 11, 2024 / Trustco Group Holdings Limited (TTO.SJ) today announced a landmark agreement to convert NAD 4.4 billion (USD 235 million) of debt into equity, paving the way for a planned USD 100 million capital raise ...
Quinton Van Rooyen Neville Basson Riskowitz Value Fund Trustco Group Legal Shield Holdings Trustco Group Holdings
Source: yahoo.com

Central bank increases repo rate up to 7.75%

The central bankโ€™s Monetary Policy Committee (MPC) has decided to raise the repo rate by 50 basis to 7.75% with immediate effect.According to the MPC announcement made on Wednesday by the Bank of Namibia Governor, Johannes !Gawaxab., the decision to increase the Repo rate by 50 basis points is deemed appropriate to safeguard the one-to-one link between the Namibia Dollar and the South African Rand.โ€œIt is simultaneously aimed at further...
Monetary Policy Committee Namibia Governor Namibia Dollar South African Private Sector Credit Extension
Source: msn.com

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