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 the value of its investments within Namibia’s borders, due to the revaluation of our real estate portfolio, and the fluctuations in the exchange rate pertaining to our substantial mining assets.
