The directors of taxi financier Transaction Capital will cut their salaries by 30% for the three months to the end of June in support of the Solidarity Fund.

All nonexecutive and executive directors of Transaction Capital have taken salary, benefit and fee reductions of 30% for the months of April, May and June 2020, the group said on Wednesday...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.