CNBC Africa


Taxi industry lifts Transaction Capital’s FY earnings

PUBLISHED: Tue, 26 Nov 2019 11:13:42 GMT

South Africa taxi owner Transaction Capital has seen positive numbers in a subdued transportation market and economy. Dividends and headline earnings rose by 22 per cent and 18 per cent respectively. Its SA Taxi group grew headline earnings by 38 per cent to R519 million. Transaction Capital CEO, David Hurwitz joins CNBC Africa for more.