Transaction Capital upbeat as it enjoys some Covid-19 tailwinds
Covid-19 continues to put pressure on SA’s taxi industry, but has provided a bump for second-hand car sales as well as the debt-collection business
16 November 2021 - 08:56
UPDATED 16 November 2021 - 14:14
Transaction Capital says its 2021 earnings have rebounded to well above pre-pandemic levels, with SA’s biggest taxi financier optimistic about further growth as it enjoys record levels of traffic for its newly acquired second-hand car platform, WeBuyCars.
The group's biggest revenue generator, financier SA Taxi, continues to feel Covid-19 pressure, but the pandemic has proven how indispensable the industry is, CEO David Hurwitz told Business Day...
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