Having completed the simplification of its portfolio by exiting noncore businesses, Barloworld says it is upbeat about prospects at its Southern Africa equipment division with its after-sales unit expected to grow its contribution.

In a conference call after the group’s trading update for the 11 months to August on Thursday, Dominic Sewela, CEO of the diversified industrial conglomerate, said that after two years of high machine equipment sales the group expects a moderation...

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