Trustco Group Holdings Limited provided earnings guidance for the six months ended September 30, 2017. For the period, the group expects to report basic earnings per share (EPS) between 4.88 cents and 9.20 cents, being a decrease of between 77% and 57% respectively compared to the previous period; and Headline earnings per share (HEPS) between 4.89 cents and 9.19 cents, being a decrease of between 77% and 57% respectively compared to the previous period. The reasons for the decrease in EPS and HEPS are: The Namibian economy is experiencing a technical recession having registered negative growth of 1.7% respectively for first and second quarter of 2017. This negatively impacted the liquidity of the market and financial service providers in Namibia.