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Stock impact report

Cartrack Surpasses Two Million Subscribers in South Africa

Karooooo Ltd. - Ordinary shares (KARO) 
Company Research Source: Business Wire
SINGAPORE--(BUSINESS WIRE)--Cartrack, a leading global mobility solutions provider and subsidiary of Karooooo Limited (NASDAQ: KARO), today announced that it has surpassed two million active subscribers in South Africa, marking a significant milestone that underscores its market leadership and ongoing commitment to the South African market.This achievement highlights Cartrack’s two-decade track record of sustained growth and operational excellence in South Africa, driven by its focus on product innovation, customer centricity, and disciplined execution. The company employs more than 5,500 people across the country and plays a meaningful role in supporting South Africa’s economic development and social uplifting.“Reaching two million active subscribers is a remarkable achievement that reflects our leadership position, the strength of our business model and our dedication to the South African market,” said Zak Calisto, Group CEO of Karooooo. “South Africa remains a growing market wi Show less Read more
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