Grindrod maintains growth strategy despite logistics headwinds
Grindrod says it remains focused on expanding its integrated logistics platform and advancing key infrastructure projects despite operational challenges that weighed on parts of its business during the five months ended 31 May.
Staff Writer
Grindrod says it remains focused on expanding its integrated logistics platform and advancing key infrastructure projects despite operational challenges that weighed on parts of its business during the five months ended 31 May.
At Walvis Bay, Grindrod operates a bulk and break-bulk terminal facility.
The company said it continues to make progress on strategic initiatives, including South Africa’s rail open access programme, the Matola back-of-port expansion, the Maputo dredging project and investment in the Richards Bay container facility.
It said its strategy remains centred on operational excellence, disciplined capital investment and maintaining a balanced approach to dividends, growth and financial flexibility.
