Vivo Energy is a relatively new stock coming to the JSE in 2018.
The Group is a leading retailer and marketer of Shell-branded fuels and lubricants in Africa and has a network of more than 1 800 service stations in 15 countries across North, West, East and Southern Africa. The company markets its products to commercial customers through its commercial fuels and lubricants businesses and exports lubricants to more than ten other African countries.
For an investor, Vivo Energy provides an interesting African play for those looking to access growth opportunities on the continent.
Anchor Capital analyst, Seleho Tsatsi gives an investment insight into Vivo Energy.