Trustco Group
Trustco Group Holdings
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legal form | Corporation |
ISIN | NA000A0RF067 |
Seat | Windhoek , Namibia |
management | Quinton van Rooyen |
Number of employees | 606 (2015) |
sales | N $ 1.479 billion (2019) |
Branch | Holding |
Website | www.tgh.na |
Trustco Group Holdings ( Trustco for short ) is a Namibian group of companies based in Windhoek and doing business in Namibia and South Africa .
Company branches:
- Trustco Insurance, mainly with life and risk insurance ,
- Institute for Open Learning (IOL), as one of the largest private tertiary educational institutions in the country,
- Trustco Financial Services, with financial services in South Africa,
- Trustco Bank Namibia , Namibian bank
- Trustco Properties, for real estate developments,
- Trustco Media, et al. a. Editor of the Informanté newspaper
- Trustco Air Services, a flight charter company.
The company employs more than 650 people in Windhoek, Ongwediva , Katima Mulilo , Rundu , Keetmanshoop , Walvis Bay as well as Johannesburg and Cape Town in South Africa . It is among other things sponsor of the Trustco Namibia Sevens tournament in rugby 7 .
In May 2020, there were mass layoffs at Trustco due to the economic situation in connection with the COVID-19 pandemic in Namibia . More than 320 employees were laid off.
Web links
- 7 Series rugby tournament in Namibia (English)