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Karooooo Plans Goodwill Impairment Amid Mozambique Upheaval

Markets

Prinesha Naidoo, Matthew Hill

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March 11, 2025

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Bloomberg

Nasdaq-listed Karooooo Ltd., which provides vehicle-tracking and fleet-management services, will provide for a potential impairment of goodwill in its Mozambique operations for the fiscal year ended February 2025 due to the political upheaval gripping the southeast African nation.

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