Transaction Capital, lender to taxi owners, plunges as it forecasts losses
Transaction Capital has found itself in the wrong place at the wrong time — financing minibus taxis amid rocketing fuel prices and a stagnant SA economy.
minibus taxis
Beating Buffett: CEO David Hurwitz shares the four key ingredients of top stock Transaction Capital’s secret sauce
Since David Hurwitz took over as CEO in 2014, Transaction Capital’s share price has delivered compound annual growth of 24.2% for shareholders.
Billion rand Toyota et al. class action launched – includes video
Toyota SA, several major car dealerships and four banks are amongst the defendants in a multi-billion rand class action just launched.
SA Govt to regulate R90bn taxi industry
SA Government plans to formalise the country’s lucrative private minibus taxi industry in hopes of improving road safety.
SA taxi drivers ‘fill seats, hope for the best’ as others face strict Covid-19 lockdown
Taxi drivers are filling seats and hoping for the best, sayin that Covid-19 is spreading fast and “there’s nothing we can do about that”.
Futuregrowth provides R300m to stimulate growth in the taxi industry
Futuregrowth Asset Management has provided funding in the amount of R300 million into the taxi industry. David O’Sullivan spoke to Gerswhin Long regarding the project.