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

Loading player...
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 9AM English South Africa Investing · Business News

Other recent episodes

Rubio’s visa move a blunder: FW de Klerk Foundation appeals to Washington to reconsider

The Trump administration has escalated its pressure on South Africa, with Secretary of State Marco Rubio announcing new visa restrictions over land expropriation laws and racial discrimination against the Afrikaner minority. Christo van der Rheede, executive director of the FW de Klerk Foundation, calls it a profound strategic blunder, one…
18 Sep 9AM 17 min

How Alec Hogg's 45 years in journalism culminated in BizNews and its loyal "tribe"

This interview was livestreamed on Conscious Caracal on 11 September 2026. Find Ernst van Zyl's Conscious Caracal Podcast here: https://www.youtube.com/@UCeNFLCUJ2lM1S_H32ICVs4w Before BizNews, there was a bank job Alec Hogg quit within three years, a company called Moneyweb he built from a room above his garage and then lost control of,…
18 Sep 9AM 49 min

Corné Mulder says SA could have a new government before 2029

South Africa just joined a short and unflattering list of countries facing individual US visa restrictions, and Freedom Front Plus leader Corné Mulder says he saw it coming from a manifesto launch stage days before it happened. He tells Alec Hogg why he thinks Cyril Ramaphosa's habit of avoiding decisions…
17 Sep 10AM 28 min