'We'll take the short-term pain,' says Transaction Capital's Hurwitz

United States News News

'We'll take the short-term pain,' says Transaction Capital's Hurwitz
United States Latest News,United States Headlines
  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 59%

During the Covid epidemic Transaction Capital was unable to repossess taxis and now has a lot of catching up to do. Before Covid it repossessed 200 taxis a month.

26 March 2023 - 00:00Transaction Capital CEO David Hurwitz is under pressure to convince the market to buy into the group's new strategy aimed at regaining profitability in its taxi business and rebuilding the trust of

investors after an earnings update shook the market...You’ve always trusted us to help you navigate the world. Support the Sunday Times by becoming a premium member for only R80 and keep the conversation going. You can cancel anytime.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TimesLIVE /  🏆 28. in ZA

United States Latest News, United States Headlines

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

Transaction Capital does damage control after terrible two weeksTransaction Capital does damage control after terrible two weeks
Read more »

ROB ROSE: How Transaction Capital founders cut their stakeTransaction Capital operates a high-risk lending business in SA Taxi, which finances minibus taxis, and owns WeBuyCars, which has been soaring for years but now seems to have hit a pause in its stratospheric growth.
Read more »

ROB ROSE: How Transaction Capital founders cut their stakeTransaction Capital operates a high-risk lending business in SA Taxi, which finances minibus taxis, and owns WeBuyCars, which has been soaring for years but now seems to have hit a pause in its stratospheric growth.
Read more »

ROB ROSE: How Transaction Capital founders cut their stakeTransaction Capital operates a high-risk lending business in SA Taxi, which finances minibus taxis, and owns WeBuyCars, which has been soaring for years but now seems to have hit a pause in its stratospheric growth.
Read more »

Mediclinic and shipping firm merger approvedThe Competition Tribunal approved the transaction with conditions
Read more »

5 important things happening in South Africa today5 important things happening in South Africa todayCape Town to take over from Eskom, 10-day Makro strike starts, Coronation backs Transaction Capital, Belgium criticises South Africa’s stance on Ruiis
Read more »



Render Time: 2025-04-04 03:45:56