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Imperial is pleased to advise that it has partnered with Standard Bank’s Corporate & Investment Banking (CIB) division to further accelerate market access, reduce the supply chain costs and enhance the growth of consumer packaged goods (CPG) within the ecosystem of the main market. This collaboration brings together digital fintech services and integrated logistics and market access solutions to enhance the flow of branded consumer goods, reduce the cost of distribution, add new products and services to consumers and traders, and provide principals with improved insights into consumers within the main market of South Africa and ultimately across the African continent.
The holidays are upon us with the upcoming Easter weekend, and for many, this means a lot of time on the road. For the first time in two years, South Africans will not be under any form of lockdown restrictions as the National State of Disaster has been recently lifted – meaning that access to alcohol and the amount of people travelling are likely to see an increase during this period. Imperial will therefore be running its Easter Road Safety campaign across major national routes - encouraging road users to take the Imperial iPledge to adopt better road safety practices.
Imperial Logistics Limited (‘Imperial’) and DP World Logistics FZE (‘DP World’) are pleased to advise that all conditions precedent regarding DP World’s offer to acquire a 100% stake in Imperial, including regulatory approvals, have been fulfilled. The transaction is now unconditional and will be implemented on 14 March 2022.
"We have delivered a good set of results – growing revenue and operating profit from continuing operations – despite increasingly difficult and volatile markets. These results are reflective of our resilience, cost cutting, rationalisation initiatives and progress with our strategy to refocus the business as the ‘Gateway to Africa’ and an integrated ‘One Imperial’."
Mohammed Akoojee – Chief executive officer
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