Cartrack Holdings

Namibia started its operations in 2008 as a subsidiary of the Cartrack Holdings Limited Group, which listed on the Johannesburg Stock Exchange in 2014 (Bloomberg CTK:SJ). Since its founding, the Cartrack Group of companies has swiftly developed into a leading provider of fleet management, stolen vehicle recovery and insurance telematics, with over 975 000 clients across 24 countries worldwide. This growth can be attributed to the status of Vehicle-as-a-Service (VaaS) an emerging market that is rapidly gaining momentum in both the taxi and the logistics industries. Cartrack's systems are built on the most advanced technologies available, coupled with devotion to client services. In 2011, with the rapid development and convergence of telecommunication services, Cartrack expanded the scope of our offering to include full telematics services, with fleet management being a particular focus. Cartrack's user-friendly and cost-effective web-based fleet management portal provides a comprehensive set of features, thereby ensuring the optimisation of both fleet and human resources without incurring upfront costs. We have expanded our services, providing quality services to our clients and market throughout the regions and stand as pioneers, ensuring that vehicles are managed according to our customers' satisfaction while creating value for their business. With experience gained in high-risk markets such as South Africa, where we have an audited recovery rate of stolen vehicles of 91%, Cartrack is the only company in Namibia to offer a 24-hour permanent service, which is a decisive factor in the 100% success rate in the recovery of stolen vehicles in Namibia. Our Vision