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SA Taxi, WeBuyCars owner Transaction Capital crashes 40% | BusinessShares of SA's biggest taxi financier Transaction Capital, which also owns a majority stake in vehicle trader WeBuyCars, crashed 40% on Tuesday morning, a day after it warned shareholders that it expected interim earnings to fall by more than a fifth. Any reason? Maybe this will show politicians in perpetual denial how the market responds to a failing State. JoshvanVuuren !!!!!! I am eating out of tin cans here!!!
Source: News24 - 🏆 4. / 80 Read more »
Taxi industry woes put a spoke in the wheel of Transaction CapitalThe group’s stock plunged 40% as it increased the bad debt provision for SA Taxi by R1.8bn
Source: BDliveSA - 🏆 12. / 63 Read more »