Karooooo declares dividend despite drop in profit

Karooooo says investment in research & development will continue to drive costs this financial year as the vehicle-tracking and fleet-management business looks to grow its software platforms in SA, Southeast Asia and Europe.

Karooooo, headquartered in Singapore, is positioning itself as a leading global mobility software-as-a-service platform that provides real-time data analytics to the transportation and logistics sectors...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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