Grindrod Resilient Amid Global Headwinds | Namibia News

Namibia News Today | 2 Min News | The Daily News Now! · Aug 31, 2026 · 1m

Grindrod’s first-half 2026 results show remarkable resilience, with headline earnings holding steady at R592.6 million—flat year-on-year despite global headwinds. The real story? The Port of Maputo, smashing records with 8.4 million tonnes of drybulk cargo moved (up from 6.5 million), fueled by a record-breaking June. Grindrod’s own terminals also surged to 8.1 million tonnes. While Matola dipped slightly due to weather and costs, overall performance is strong. Shareholders get a small dividend boost to 24.3 cents per share, up from 23 cents. Plus, the new Walvis Bay warehouse—opened in…