Read the latest e-paper

E-Editions: Business Day and Financial Mail Online
Read Now

David Hurwitz, the CEO of Transaction Capital, knew he was going to have a tough week.

“I know this announcement seems a bit alarming,” he told a meeting of investors last week after warning that profits would tumble for the six months to March. This week, he quantified the damage: earnings per share would be a brutal 370%-375% lower than last year. ..

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.