OneLogix reports improved FY results

PUBLISHED: Thu, 30 Aug 2018 10:44:24 GMT

OneLogix has released its earnings for the year ended. OneLogix intended to restructure its balance sheet at the beginning of its 2018 financial year, by selling 49 per cent of its stake in fleet management company DriveRisk, for R65 million, and the sale and leaseback of its Umlaas Road vehicle storage facility for R240m cash. Ian Lourens CEO, OneLogix joins CNBC Africa for more.

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