Grindrod feels the effects of Mozambican conflict
Despite headwinds, group interim earnings rebounded thanks to commodity demand and agriculture
29 August 2021 - 17:22
The insurgency in northern Mozambique coloured the interim results for freight and financial services company Grindrod, which grappled with this and other challenges in the first half of 2021.
In its results for the six months in June 2021, Grindrod said its core business — port and terminals, logistics and the Grindrod bank — had done well despite a complex trading environment in SA and other African jurisdictions in which it operates...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.