Zeda flags heavy commercial vehicles as the future
The company plans to cash in on inflationary environment making it cheaper to lease than own
29 May 2023 - 09:16
UPDATED 29 May 2023 - 19:11
Car rental, leasing and sales group Zeda is looking to profit from Transnet’s rail woes by intensifying its focus on its heavy commercial fleet amid high demand for trucks in logistics.
The strategy, which is in line with its plan to build a strong and sustainable leasing business to reduce reliance on the tourism industry, comes as the R1.9bn JSE-listed group reported benefiting from the high-interest rate environment that saw corporates opting to lease fleets rather than own the cars...
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