South African tycoon Zak Calisto’s Karooooo reports $230 million in revenue
Under Calisto’s leadership, the company has become a leading provider of intelligent transportation management and analytics.
Under Calisto’s leadership, the company has become a leading provider of intelligent transportation management and analytics.
Calisto, who founded Karooooo in 2001 to provide stolen car recovery services in South Africa, holds a 74.73-percent stake in the company.
This reaffirms his position as one of Africa’s wealthiest technology entrepreneurs — it also highlights Karooooo’s position as a top-performing tech firm.
With a market value of more than $600 million from his 74.73-percent shareholding in Karooooo, Calisto is one of Africa’s wealthiest technology entrepreneurs.
Montanana maintains his status as one of the wealthiest investors on the Johannesburg Stock Exchange.
Calisto, who founded Karooooo in 2001 to provide stolen car recovery services in South Africa, holds a 74.73-percent stake in the company.
As a result of the recent surge in the company’s shares, the value of Calisto’s stake in Karooooo has increased from $543.7 million to $584.6 million.
Montanana, who founded Datatec in 1986, owns a 14.26-percent stake in the South African-based ICT solutions and services firm.
Calisto’s stake in Karooooo has risen by an impressive $60.6 million, growing by 12.5 percent from $485.7 million to $546.3 million.
Calisto founded Karooooo in 2001.
Montanana founded Datatec in 1986.
Montanana is Datatec’s founder and CEO.
Calisto founded Karooooo, a global mobility software as a service (SaaS) platform, in 2001.
Montanana founded Datatec in 1986 and owns a significant 11.98-percent stake in the group.
Montanana founded Datatec more than 35 years ago.
Calisto is one of Africa’s richest tech entrepreneurs.