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Grindrod posts positive results following renewed focus on freight

The agricultural logistics business experienced the strongest growth.

Freight and logistics firm Grindrod’s headline earnings from continuing operations were 26% higher for the year ended December 31, 2018. Due to a key mine in Sierra Leone being placed on care and maintenance, Grindrod had to make an impairment of R560 million on the rail locomotive business, which services the mine.  Nompu Siziba speaks with Andrew Waller, the CEO at Grindrod around the operations that delivered results, the challenges the company faced and the road ahead.

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