An estimated 250,000 minibus taxis, such as these near Bree Street in Johannesburg, operate in SA. Many taxi owners struggle to qualify for credit at commercial banks.Picture: Alon Skuy
Despite a robust interim performance, Transaction Capital wrote down its businesses by about R190m as the company prepares for the fallout from the Covid-19 pandemic. Business Day TV spoke to CEO David Hurwitz and SA National Taxi Council spokesperson Thabiso Molelekwa for their assessment of the sector’s ability to bounce back from current challenges.
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