Regulated taxi industry ‘could appeal to more investors’

The taxi industry is poised to emerge as a more appealing investment case as the government moves to regulate it, asset manager Futuregrowth says.

Futuregrowth, which manages about R194bn of client assets and is a subsidiary of JSE-listed Old Mutual, is already an investor in the industry via SA Taxi, the country’s largest financier of minibus taxis.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Covid-19 lessons for SA’s restaurant industry | CitypressWhile many sectors have found reprieve in the gradual easing of the national lockdown, the South African restaurant industry continues to struggle with gruelling challenges such as the international travel ban, curfew and maximum capacity restriction
Source: City_Press - 🏆 7. / 72 Read more »