By Thulani Mpofu South Africa-based ports and logistics group Grindrod has increased its 2023 dividend by 84% following a record performance at its operations in neighbouring Mozambique. Business Report wrote on March 8 that the group’s port and terminals segment headline earnings grew 35% after the port of Maputo in Mozambique achieved record volumes of 12.6mn tonnes in 2023, up 28% from the prior period. Volume growth was due to strong demand for chrome and ferrochrome volume exports and an eight percent increase in rail volumes transported. Grindrod’s dry bulk terminals in Mozambique handle…
