Tell us a little about Avis and the ZEDA spin-off. Zeda Limited is the original name of the company which was established in 1967 as ZEDA Car Rental and Tours. ZEDA, under the widely recognised Avis and Budget brands, offers integrated mobility and holds a long-term license agreement with Avis Budget Group (ABG) to operate the two brands in Southern Africa. ZEDA’s strong track record of over five decades rests on its resilience and commitment to service excellence. The business was in the Barloworld stable for over 17 years, as a division in the automotive sector until December 2022. ZEDA was then unbundled and listed on the main Board of the JSE (Johannesburg Stock Exchange) as a Listing Company. The ZEDA business ZEDA is an investment company that has its core focus on integrated mobility. It houses the “Avis Rent A Car, Budget Rent A Car, Avis Car Sales and Avis Fleet businesses. The company provides full fleet management solutions to both individual and public sectors, as well as corporate. It aspires to deepen greater adoption of vehicle usership economy rather than just ownership in regions it operates in. ZEDA has over 230 000 fleet under management, with over 35 000 on its balance sheet. The balance sheet fleet are split almost 55% short term rental and 45% long term leasing. The company has built strong capability to sell used cars through its 14 dealerships across South Africa and auction platform both in and outside South Africa. Overview of the business segments under ZEDA: Car rental business - ZEDA’s business segment that trades under the brand names ‘Avis’ and ‘Budget’. The customer segment base is diversified and consists of private sector, public sector, insurance business (replacement), inbound market, domestic leisure market and subscription. This business provides a range of products and services to a wide range of customers which include car rental, chauffer services, luxury and van rental. It has 76 corporate branches in South Africa and a presence in seven countries in Sub-Saharan Africa. Leasing business – ZEDA’s business segment that trades as ‘Avis Fleet’ and provides a fully outsourced mobility. The full spectrum of outsourced mobility solutions offered by Avis Fleet includes leasing, fleet management, maintenance and service plan solutions, fuel management, traffic fine management, accident management and vehicle telematics, amongst others. The offering ranges from passenger, light delivery and commercial vehicles LEADERSHIP EXCELLENCE IN MOBILITY SERVICES RAMASELA GANDA Group CEO - Zeda Ltd CEO Today Africa Awards 2024 - SOUTH AFRICA - - 61 -
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