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Grindrod Freight sees earnings spike on mining exports

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The cargo and freight business benefited from a record global demand for commodities and a rapid ramp-up at its Maputo Port operations 🔒

Logistics, cargo and freight group Grindrod expects over 400% growth in headline earnings on the back of record export volumes of minerals.

Durban-based Grindrod, which also has a bank aimed at small and medium business customers, was spun off from the Grindrod shipping business in 2018. ..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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