Unifreight expands logistics portfolio

Unifreight chief executive Richard Clarke

UNIFREIGHT Africa (Unifreight) is expanding its courier business through the acquisition of an 86,67 percent stake in Cheetah Express Logistics. Cheetah Express Logistics is the sole authorised Global Service Participant for FedEx Express in Zimbabwe. The transaction, valued at US$2,08 million, represents approximately 15,7 percent of Unifreight’s market capitalisation on the Zimbabwe Stock Exchange. Unifreight…

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