Kaap Agri to pay final dividend as it eyes recovery
While the pandemic derailed expected strong revenue growth, the group is optimistic it will benefit from improved conditions
26 November 2020 - 08:51
Agriculture-focused Kaap Agri, whose interests range from grain handling services to convenience stores, says the Covid-19 crisis has revealed the benefits of its diversification strategy, with its results better than expected even as the pandemic hits fuel sales and prompts changes in consumer behaviour.
The company, which also trades in the agricultural, fuel and related retail markets in Southern Africa, said on Thursday the pandemic derailed what would have been strong growth in its year to end-September, when revenue rose 1.5% to R8.57bn...
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