TRUSTCO GROUP HOLDINGS
Trustco is a multi-faceted public Company, with an original Namibian flair. The Company’s innovative business model and adoption of futuristic technology has consistently yielded phenomenal growth since inception. Trustco’s humble beginnings commenced with the establishment of the Legal Insurance sector, focusing on affordable access to quality Legal Services for Namibia’s lower income groups with a staff compliment of merely 8 employees.
Today, the Company boasts a staff compliment of approximately 650, encompassing its Namibian and South African operations, focusing on its core business segments comprising of micro insurance and technology, micro finance and education, properties and mortgage loans. Trustco’s focal business lines are augmented by its strategic business and support units which provide the administrative backbone to the Group.
Trustco listed on the Namibian Stock Exchange on the 27th of September 2006, this primary listing was subsequently augmented by securing the first listing on the Africa Board of the JSE Limited on the 19th of February 2009. The JSE Limited integrated the Africa Board into the Main Board on the 21st of May 2012 and the company now trades in the ‘specialty finance’ sector of the JSE main board. On the 16th of July 2012, the primary listing on the NSX was amended to a secondary listing. The current listings structure provides Trustco with an opportunity to expand its Investor base regionally and globally. The Group is now poised to revolutionize the provision of its niche services on a pan-African basis.