Trustco Group Holdings Limited (JSE:TTO)
1. About
Trustco Group Holdings Limited (JSE:TTO) is a high growth Namibian based company with a core focus in insurance and investments.
As part of Trustco's drive to grow its business, the company identified the resources sector as a potential source of value i.e. translating natural resources into wealth and tangible sustainable economic development. The group will focus on the diamond sector over the medium term planning horizon.
Group operations are divided into three areas:
Financial Services
Trustco Financial Services is a large-scale full spectrum financial services provider with primary operations in banking, lending and insurance with its other investments being the properties and education businesses. This segment is the traditional mainstay of the group with established commercial operations dating back to the founding of Trustco.
Resources
Trustco Resources was established in 2015 to pursue opportunities within the natural resources sector. Its focus during the last four years has been on the diamond industry and the ‘mine-to-market’ strategic plan which is in the process of being realised in accordance with the original vision.
Shared Services
Shared services provide administrative and support services to the operational segments.