Tag: David Hurwitz
South Africa taxi owner, Transaction Capital is not paying an interim dividend as it braces itself for the future impact of Covid-19 on cash-flow. The company also believes that it is in a good position for the transition into normal operating activities once the lock-down restrictions are eased. Transaction Capital CEO, David Hurwitz joins CNBC Africa for more.
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.
Transaction Capital, the owner of SA Taxi and Transaction Capital Risk Services has announced its annual results for the year ended September 2018. The company reported core headline earnings growth of 18 per cent, despite a persistently challenging economic environment including increasing fuel prices. David Hurwitz, CEO of Transaction Capital joins CNBC Africa for more.