OneLogix, which transports commercial goods across southern and East Africa, said on Thursday that it would not be paying an interim dividend for the first time since joining the JSE’s main board in 2013.

The company said its trading profit for the six months to end-November fell by almost a fifth as SA’s weak economy weighed on cross-border goods volumes.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now