Tag: David Hurwitz

Transaction Capital CEO on COVID-19 & its impact on SA’s taxi industry

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.

Taxi industry lifts Transaction Capital’s FY earnings

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’s David Hurwitz on the impact of high fuel prices

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.

Just how high are taxi drivers’ interest rates?

Just how high are taxi drivers’ interest rates?

South Africans drowning in debt worsens

South African’s ability to get out of debt worsens
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