WATCH: Despite tough conditions, taxi operators are in the driver’s seat

Transaction Capital’s latest results have shown that the taxi industry is flourishing despite inflationary pressures. The company reported a 23% rise in profit to R568m in the year to end-September. It also delivered a 22% rise in full-year core headline earnings per share (HEPS) and a total dividend increase of 33%. Transaction Capital CEO David Hurwitz spoke to Business Day TV about how the taxi industry is flourishing and what is fuelling its success. OR LISTEN TO THE AUDIO:

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