Durban-based freight and logistics group Grindrod, which also  owns a bank, has flagged a rebound in headline profit for its half-year to end-June, boosted by a return of cargo flows including robust citrus and mineral exports.

The group also noted progress in selling unwanted assets, helping to breathe some life into shares that have struggled for direction since the beginning of 2020, and have been trading at a hefty discount to net asset value (NAV)...

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