Zeda sees revenue surge to R9.1 billion in post-split financials
- ByInvesting.com
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Zeda Limited provides mobility solutions in South Africa and other countries in Sub-Saharan Africa. It operates through Car Rental Business and Leasing Business segments. The company’s rent a car business that provides short term rental and subscription solutions for individuals, business travel, corporates, and government entities under the Avis and Budget brand name. It provides replacement vehicles for its partner insurance companies, as well as other complementary products that include the hire of child car seats, GPS and bike racks, and specialized insurance products. The company’s leasing business offers services that comprise the leasing of vehicles, such as motorcycles and heavy commercial vehicles for corporates, small businesses, and government entities. In addition, it provides complementary products, such as telematics, intelligent fuel and accident management, roadside assistance, insurance, and managed maintenance services, as well as maintenance plans. The company was founded in 1967 and is headquartered in Kempton Park, South Africa.