SA Taxi needs debt solution to keep going
SA Taxi, the market leader in financing and insuring minibus taxis, could be forced to wind down if it fails to reach a debt restructuring deal with lenders by March, parent Transaction Capital warned on Tuesday.
But Transaction Capital is confident it will reach an agreement with lenders to ensure the long-term survival of SA Taxi as a smaller, more sustainable division that now only finances used, more affordable taxis...
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