- CEO
- Ramasela Ganda
- Full Time Employees
- 1,962
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- 2 Sysie Road Johannesburg South Africa 1619
- IPO Date
- Dec 13, 2022
- Business
- Zeda Limited delivers comprehensive vehicle mobility solutions across South Africa and multiple other Sub-Saharan African nations. The company’s operations are divided into distinct Rental and Leasing divisions. Its short-term vehicle rental and subscription services, conducted under the globally recognized Avis and Budget banners, cater to individuals, corporate travelers, businesses, and various government departments. This segment also facilitates vehicle replacements for affiliated insurance providers and offers additional items such as child seating, navigation systems, bicycle carriers, and specialized insurance policies. The Leasing division, branded as Avis Fleet, extends long-term vehicle agreements, encompassing everything from motorcycles to heavy commercial trucks, to corporate clients, small and medium-sized enterprises, and public sector bodies. Complementary products and services within this segment include telematics, sophisticated fuel and accident management, roadside assistance, insurance coverage, and managed maintenance packages, alongside comprehensive service plans. Furthermore, Zeda operates Avis Car Sales, a dedicated channel for the disposal of used vehicles from its rental and leasing fleets. The entity, established in 1967, is headquartered in Kempton Park, South Africa, and was publicly listed on the JSE in December 2022 after being unbundled from Barloworld Limited. For the financial year ending September 2024, Zeda achieved a record revenue of R10.5 billion.