CNBC Africa


Impressive H1 earnings for Transaction Capital

PUBLISHED: Wed, 15 May 2019 11:03:18 GMT

Transaction Capital has seen a solid increase of 17 per cent for core headline earnings and HEPS. The main driver of growth is through acquisitions of NPL portfolios in South Africa and Australia. Santaco’s acquisition of a 25 per cent stake in SA Taxi has seen Transaction Capital’s portion grow headline earnings by 22 per cent in the first quarter of 2019. Transaction Capital CEO, David Hurwitz joins CNBC Africa for more….