The South African tech billionaire behind Karooooo

Hanno Labuschagne

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The South African tech billionaire behind Karooooo

Zak Calisto is one of South Africa’s most successful entrepreneurs. He founded Cartrack in 2004 which has grown to an international powerhouse with thousands of employees.

Started as a stolen vehicle recovery service in South Africa, Cartrack is now a multi-national company which offers fleet management, stolen vehicle recovery, and insurance telematics.

The success of Cartrack’s products were shown in its latest results. The company experienced strong growth and recorded two of its best months of new subscriber additions during the lockdown.

[Biznews]
 
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