Automotive group Motus, which imports and sells cars and has a vehicle-rental business, forecast a healthy jump in interim profit and said it’s its increasing its rental fleet to benefit from a recovery for SA’s battered tourism industry.

Motus, which was unbundled from Imperial Holdings and listed on the JSE in 2018, said on Thursday headline earnings would rise by at least 20% in the six months  to end-December, adding it has gained market share as vehicle sales recover...

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