Cartrack has cut its final dividend for the year to end-February, despite higher profits, as it plans to invest for growth. The company’s subscriber base grew 28% to 960,798 in the year, helping it lift profit after tax by 16.3% to R361m.  Cartrack CEO Zak Calisto joined Business Day TV to discuss where the company will be investing as it looks for growth.

Or listen to the full audio:..

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 Sunday Times Daily.

Already subscribed? Simply sign in below.

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