Transaction Capital's SA Taxi unit has been forced to radically change its strategy as operators in the market for used vehicles, in particular, battle high interest rates, as well as a surge in fuel prices, rising costs of parts and maintenance, and the impact of load shedding.
WeBuyCars' sister company - the country's largest taxi lender, which also refurbishes and sells pre-owned taxis - has been repossessing hundreds of taxis every month. Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
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