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Imperial to Honour Women in Sport in Africa

In line with its commitment to develop and empower women on the African continent and in sport, JSE-listed Imperial Logistics Limited (Imperial) is now an official partner to the Momentum gsport Awards. Imperial will take on naming rights to the gsport African Woman in Sport award category, in a three-year deal brokered by Flash Sponsorship.

Proposed introduction of a 25% B-BBEE shareholding in Imperial Logistics Group South Africa proprietary limited

The board of directors of Imperial is pleased to announce that it has entered into transaction agreements with B-BBEE shareholders (Afropulse, Willowton and Converting Trade), in relation to a proposed transaction that would provide the B-BBEE shareholders with an opportunity to participate in a 25% B-BBEE shareholding in Imperial Logistics Group South Africa Proprietary Limited (ILSA – the Imperial company which subsequent to the transaction will house most of the Group's South African operations).

Sale of the South American shipping business

Imperial announces the sale of its South American shipping business to Hidrovias do Brasil S.A. The board of Imperial is pleased to announce that it has entered into an agreement for the sale of its South American shipping business to Hidrovias do Brasil S.A., an independent integrated logistics provider focused on waterways logistics services in Latin America. The closing date of the transaction was 16 April 2021.

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"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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