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With SA having ‘scored quite a few own goals’ consumer pressures ‘are significant’ says CEO Iain Williamson.
Bitcoin hits 10-month high and gold breaks above $1 900/oz, as contagion fears from the collapse of Silvergate and Silicon Valley Bank spread.While the retail business the group is historically known for takes a back seat, reporting sales and revenue slumps.
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Transaction Capital CEO sold 40% of holding in DecemberThe shares sold by David Hurwitz were disposed of on the market over three days for a total consideration just shy of R51m Moneyweb companynews TransactionCapital
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SA Taxi, WeBuyCars owner Transaction Capital crashes 40% | BusinessShares of SA's biggest taxi financier Transaction Capital, which also owns a majority stake in vehicle trader WeBuyCars, crashed 40% on Tuesday morning, a day after it warned shareholders that it expected interim earnings to fall by more than a fifth.
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Transaction Capital’s share price plummets 40%The company warns that the headwinds facing its taxi business model have become more structural
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Transaction Capital delights in WeBuyCars while SA Taxi strugglesGroup is confident the second-hand car dealer will grow annual earnings
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Transaction Capital plunges as it forecasts lossTransactionCapital has found itself in the wrong place at the wrong time — financing minibus taxis amid rocketing fuel prices and a stagnant South African economy. Moneyweb JSE
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Taxi industry woes put a spoke in the wheel of Transaction CapitalThe group’s stock plunged 40% as it increased the bad debt provision for SA Taxi by R1.8bn
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