The Supreme Court of Appeal ruled that Trustco’s litigation had “no reasonable prospect of success.”
Namibia
-
-
The financial maneuver follows Trustco’s announcement of a new loan agreement that obviates the necessity for a previously issued cautionary statement.
-
This revelation follows Trustco’s divestiture of a 70-percent stake in the Meya Mining diamond mine to Sterling Global Trading last year, retaining …
-
The partnership aligns with Trustco’s active pursuit of new capital sources, particularly in the wake of the decline in its market capitalization …
-
The endeavor aligns with O&L’s commitment to fostering sustainable solutions and contributing positively to societal and ecological welfare.
-
The ambitious acquisition, pending regulatory approvals, represents a milestone for O&L Group, already riding high on Thieme’s success in leading the sale …
-
Van Rooyen, holding an impressive 63.94-percent stake in Trustco with 1,004,000,060 shares, stands out as one of Namibia’s wealthiest individuals.
-
Trustco detailed its plan to issue new shares to RVF through an option, solidifying RVF’s position as a key anchor investor with …
-
Brandt, who stepped down as chairman of Capricorn in 2017, owns an 18.5-percent stake in the Windhoek-based investment firm.
-
With an $87.2-million stake in Capricorn Group, Brandt’s astute investments make him the richest investor on the Namibia Stock Exchange.