Meet Zak Calisto, humble SA tech entrepreneur many have never heard of - #Karoooo, #Cartrack

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Meet Zak Calisto, the Shares of Karooooo, the new holding company for vehicle recovery and fleet management group Cartrack, rose as it began trading on the JSE earlier this week. Nearly all Cartrack shareholders have opted to remain invested in the new holding company. Which first listed on the Nasdaq on April. The complex deal was done to open up Karooooo to larger pools of capital on offer in the US market. South African entrepreneur Zak Calisto, the founder of Cartrack and Karoooo, has thousands of employees across the rapidly expanding global organisation he founded from scratch in South Africa. The tech business, which has its roots in tracking stolen cars, recently listed on the Nasdaq to appeal to the global investment community. Calisto shares insights into how to build and scale a business as well as what makes him tick, in this conversation with BizNews editor at large Jackie Cameron. Calisto also elaborates on how the company is set to keep growing. You'll hear he has some remarkable similarities with Amazon founder Jeff Bezos. Learn more about your ad choices. Visit megaphone.fm/adchoices
21 Apr 2021 6AM English South Africa Investing · Business News

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