Taxi lender and used-car dealer Transaction Capital insists its taxi-lending business is “robust”, even as it restructures the unit and faces increasing numbers of repossessed vehicles that it cannot resell.
While insisting that taxis are “built into the structure of SA and the country cannot operate without taxis”, SA Taxi faces multiple challenges. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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THE FINANCE GHOST: Transaction Capital goes crash! Boom! Bang!Transaction Capital is the latest share to horrify investors, but, technically speaking, there were ways to play its market plunge, writes FinanceGhost.
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