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Transaction Capital’s profit disappears as restructuring of taxi business beginsThe taxi financier and second-hand car dealer hopes its SA Taxi unit will be profitable again in 2024
Source: BDliveSA - 🏆 12. / 63 Read more »
WeBuyCars owner Transaction Capital plunges 17% after R1.9bn loss | BusinessShares of SA's biggest taxi financier and Transaction Capital plunged another 17% on Wednesday, after it delivered a profit fall that was worse than guided. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »
Transaction Capital takes 48% profit hit after downsizing taxi businessTransaction Capital opted to skip dividends after booking a R2.1 billion headline loss in its SA Taxi business for the six months to 31 March 2023. Moneyweb BusinessNews
Source: Moneyweb - 🏆 5. / 77 Read more »
Crisis sell-off: Market is sending WeBuyCars owner Transaction Capital a message | BusinessOne-time investor darling Transaction Capital has suffered another shock slump amid increasing concern about its massive debt burden and strategic misjudgements. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »