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No misstep in allocating largest chunk of budget to social sector

While Namibia’s relative budgetary allocations are subject to realignment over time, key development priorities for the country lie in balancing the needs of the social sector and that of the economic sector to bring about improved quality of life, economic diversification, inclusive growth and shared prosperity within an environmentally sustainable manner.

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Trustco Finance secures N$345 million loan

Trustco has informed shareholders that DEG, a development finance institution based in the Federal Republic of Germany, in association with the German Development agency, KfW Group, approved a United States Dollar denominated term loan facility to Trustco Finance.