Transaction Capital

News Releases

Press Releases
18th May 2022 - Transaction Capital delivers a strong performance for the six months ended 31 March 2022 with earnings growing at rates higher than pre-pandemic levels (109.5k)

Press Releases
16th November 2021 - Transaction Capital delivers a strong recovery in earnings, with the group returning to its long-term track record of growth in the 2021 financial year (224.5k)
27th May 2021 - Transaction Capital increases its shareholding in WeBuyCars from 49.9% to 74.9% (137.9k)
12th May 2021 - Transaction Capital demonstrates a decisive recovery, with core headline earnings from continuing operations up 29% from 2019’s pre-COVID levels (321.1k)

Press Releases
24th November 2020 - Transaction Capital delivers robust performance in COVID-19 environment with 10% growth in core pre-provision profits (515.7k)
8th September 2020 - Transaction Capital subscribes for a non-controlling 49.9% of the ordinary shares in We Buy Cars Proprietary Limited (547.2k)
23rd July 2020 - Deterioration in consumers' propensity to repay debt amid COVID-19 pandemic (344.2k)
13th May 2020 - Transaction Capital delivers robust performance in turbulent environment with 19% growth in earnings pre COVID-19 adjustments (737.4k)

Press Releases
26th November 2019 - Transaction Capital delivers excellent full year results amid tough economic conditions; earnings and dividends continue to grow organically (174.2k)
15th May 2019 - Transaction Capital extends its track record of high-quality earnings growth (737.2k)
18th February 2019 - No signs of improvement in credit rehabilitation outlook for Q4 2018 (858.4k)

Press Releases
20th November 2018 - Transaction Capital extends robust organic growth; positioned to continue growing earnings and dividends organically at historical rates (1.7m)
19th November 2018 - SANTACO acquires 25% in SA Taxi for R1.7 billion (684.6k)
19th July 2018 - Modest positive trend in Transaction Capital's Consumer Credit Rehabilitation Index (CCRI) (556.7k)
16th May 2018 - Transaction Capital maintains its high growth track-record with earnings rising 22% in H1 FY18 (413.2k)
5th March 2018 - Transaction Capital Consumer Credit Rehabilitation Index (CCRI) (450.6k)

Press Releases
21st November 2017 - Transaction Capital extends its track-record of robust organic growth for FY17 (406.4k)
16th August 2017 - Transaction Capital Consumer Credit Rehabilitation Index (CCRI) (625.8k)
24th May 2017 - Transaction Capital reports 21% interim earnings growth (413.5k)
2nd March 2017 - SA Taxi and SEFA sign R100 million finance deal (567.3k)

Press Releases
22nd November 2016 - Transaction Capital deploys R500 million for acquisitive growth (447k)
14th November 2016 - Transaction Capital enters the Australian debt recovery market, acquiring 100% of Recoveries Corporation for A$33 million plus a further potential A$10 million payable subject to profit warranties (398.7k)
10th May 2016 - Transaction Capital delivers 19% organic earnings and 20% dividend growth (455k)

Press Releases
24th November 2015 - Transaction Capital reports 20% organic growth in HEPS and a 38% increase in dividends per share (444.8k)
5th May 2015 - Transaction Capital generates 22% organic growth in HEPS (500.6k)

Press Releases
25th November 2014 - Transaction Capital generates 18% growth in continuing headline earnings per share (503.8k)
6th May 2014 - Transaction Capital reports solid interim results, de-risked by unsecured lending exit (486.2k)

In the media

In The Media
15th June 2022 - TopAuto - WeBuyCars vs Weelee vs Wissle – My car selling experience
6th May 2022 - Top Gear - The We Buy Cars Dome is a next-level car buying and selling experience
25th March 2022 - Engineering News - WeBuyCars officially launches 1 300-vehicle showroom
24th March 2022 - News24 - Been there, Dome that: WeBuyCars plans even more branches as business soars
4th February 2022 - BizNews - Beating Buffett. CEO David Hurwitz shares the key ingredients of Transaction Capital's secret sauce

In The Media
22nd November 2021 - BusinessTech - How much it costs to own and run a taxi in South Africa
18th November 2021 - Financial Mail - Exciting ride ahead for Transaction Capital
18th November 2021 - MyBroadBand - WeBuyCars’ incredible performance — 88,000 cars sold and R10 billion in revenue
17th November 2021 - IOL News - Transaction Capital serves up a robust leap in its headline earnings
16th November 2021 - Business Day - Transaction Capital upbeat as it enjoys some Covid-19 tailwinds
16th November 2021 - Moneyweb- What Transaction Capital’s results tell us about the state of SA’s economy
16th November 2021 - SAFM - Transaction Capital reports earnings growth, resumes dividend payments
16th November 2021 - RSG Geldsake - WeBuyCars sit woema in Transaction Capital se winste
16th November 2021 - Radio 702 - Transaction Capital full-year profit exceeds pre-pandemic levels
16th November 2021 - BusinessTech- WeBuyCars reveals how many vehicles it buys and sells
16th November 2021 - HOT 102.7FM - Transaction Capital drives back to strong historical earnings pathway
16th November 2021 - Fin24 - WeBuyCars close to doubling the number of cars it used to sell before the pandemic
16th November 2021 - SABC News- Transaction Capital earnings rebound to well above pre-pandemic levels: David Hurwitz
1st October 2021 - Financial Mail - Transaction Capital is one of my favourite companies on the JSE (161.5k)
22nd July 2021 - IOL News - Taxi operators get jab at special Covid-19 vaccination centre in Midrand
12th July 2021 - Ince Connect - The market loves Transaction Capital
9th July 2021 - Business Day - Transaction Capital raises R1.17bn in oversubscribed bookbuild
9th July 2021 - BizNews - Transaction Capital raises equity to finance WeBuyCars acquisition
7th July 2021 - Proparco - SA TAXI, a key player in transport in South Africa
7th July 2021 - FinExtra - Standard Bank collaborates with Transaction Capital to drive smarter payments
30th June 2021 - IOL News - JSE approves Taxi Holdings’ social bonds valued at R900m
28th June 2021 - CFO South Africa - Transaction Capital’s Sean Doherty sees good value in creating transparency and trust
17th June 2021 - WeBuyCars launches online car auction portal
11th June 2021 - Automotive Business Review - WeBuyCars says online car auctions are growing in popularity
3rd June 2021 - Financial Mail - Zero to R3.7bn in 20 years: the WeBuyCars story
27th May 2021 - Business Day - Transaction Capital set to acquire controlling stake in WeBuyCars
27th May 2021 - Business Tech - Transaction Capital increases stake in WeBuyCars to 74.9%
20th May 2021 - Financial Mail - Transaction Capital is back on the growth road
20th May 2021 - Business Day - There are opportunities to bank taxi operators
20th May 2021 - Financial Mail - Transaction Capital: the best financial firm in SA?
16th May 2021 - Sunday Times Live - Set of results that bode well for SA's consumer health
12th May 2021 - Business Day TV - How Transaction Capital plans to up its stake in WeBuyCars
12th May 2021 - CNB Africa - Transaction Capital delivers solid first-half earnings, seeks to take control of WeBuyCars
12th May 2021 - MoneyWeb - Transaction Capital sees 56% growth in earnings, looks to up stake in WeBuyCars
12th May 2021 - Classic FM - Transaction Capital Results
12th May 2021 - 702 The Money Show - All three divisions are near or have returned to pre-pandemic growth rates
12th May 2021 - Tech Central - Transaction Capital in talks to take control of WeBuyCars
12th May 2021 - Fin24 - WeBuyCars may get new owner
12th May 2021 - Business Insider - Commuters are relying even more on taxis – as government pushes mass transit options
12th May 2021 - Business Tech - A third of South Africa’s middle-class set to be wiped out: lender
12th May 2021 - Business Day - Transaction Capital eyes majority stake and global expansion for WeBuyCars
12th May 2021 - Business Day - Transaction Capital resumes dividend as earnings recover from Covid-19
12th May 2021 - IT WEB - Transactional Capital begins WeBuyCars takeover discussions
12th May 2021 - Business Tech - Here’s how much it costs to own and run a taxi in South Africa
6th April 2021 - IOL NEWS - WeBuyCar: How buying and selling cars in SA has transformed over the past decade
22nd March 2021 - News24 - WeBuyCars: Automotive giant wants to take showroom online with stake in GetWorth
7th March 2021 - Business Day - Transaction Capital on track to resume growth and dividends
19th February 2021 - Engineering News - WeBuyCars kicked off the new year with record trading numbers, with January sales up 10% on the same period last year
20th January 2021 - IOL News - Taxi financier Transaction Capital eyes post pandemic organic growth.
14th January 2021 - Business Day TV - Wayne McCurrie from FNB Wealth & Investments chose Transaction Capital as his stock pick of the day.

In The Media
16th December 2020 - BizNews - RBH to invest R500m in Transaction Capital, acquire further 12.4 million shares
11th December 2020 - Anchor Investment Team - Transaction Capital selected as Anchor’s SA stock picks for 2021
25th November 2020 - Moneyweb - Transaction Capital’s results a sobering window into SA’s economic plight
25th November 2020 - Business Live - Royal Bafokeng eyes R500m stake in taxi financier Transaction Capital
24th November 2020 - Tech Financials - SA Taxi Teases the Idea of Creating a Minibus Taxi Bank
24th November 2020 - Power987 Power Business - Transaction Capital delivers robust performance in COVID-19 environment
24th November 2020 - SABC - Transaction Capital provided over R400m in payment relief to taxi clients
24th November 2020 - Business Day - Transaction Capital expects to resume stellar earnings growth
29th October 2020 - Business Live - Transaction Capital: High-quality growth stock, but not cheap
16th October 2020 - Financial Mail - WeBuyCars: From disappointment to opportunity
9th September 2020 - Transaction Capital takes 49.9% slice in WeBuyCars for R1.8 billion
9th September 2020 - Transaction Capital to buy stake in former Naspers target WeBuyCars
23rd July 2020 - New data from Transaction Capital shows that the ability for consumers in South Africa to repay their debt has deteriorated
23rd July 2020 - Bruce Whitfield interviews David Hurwitz (Transaction Capital), who says the proposal to ban blacklisting is a bad idea
14th May 2020 - Business Report - Transaction Capital bucks trend with strong growth
13th May 2020 - Business Day - Investors unfazed as Transaction Capital hangs on to interim dividend
13th May 2020 - SABC News - Transaction Capital positive about recovery from COVID-19
13th May 2020 - Fin24 - Lockdown \| Taxi industry will likely be one of few beneficiaries
13th May 2020 - Tech Financials - COVID-19 Proves Minibus Taxi Industry is Indispensable
23rd April 2020 - Business Report - SA Taxi signs lucrative R1.9 billion loan deal with AfDB to boost transport sector
15th April 2020 - Business Day - Transaction Capital execs cut their own pay for Covid-19 relief
9th April 2020 - Bizcommunity - SA Taxi steps in to support taxi industry
26th March 2020 - Fin24 - Debt relief lifeline for taxi operators hit by lockdown
28th February 2020 - Business Day - Trade of the Month: Transaction Capital (678k)
17th February 2020 - Finweek - One of SA's leading financiers of the taxi industry has seen a strong uptrend in recent years (648.1k)

In The Media
12th December 2019 - Financial Mail - Transaction Capital a rare phenomenon on the JSE
5th December 2019 - Finacial Mail - Transaction Capital ticking over in bad times too
28th November 2019 - Moneyweb - Transcap’s bet on taxis and debt collection pays off
27th November 2019 - Business Day - Transaction Capital shows the right business can thrive in any economy
27th November 2019 - Business Report - Transaction Capital's SA Taxi employs telematics to drive commuter safety
26th November 2019 - SABC News - Transaction Capital \| Headline earnings up 18% to R803 million
26th November 2019 - Business Day - Transaction Capital raises dividend by double digits
26th November 2019 - Business Day - Taxi financier gets a pickup from sector’s resilience
26th November 2019 - Business Day TV - Transaction Capital cashes in on SA's taxi industry
26th November 2019 - 702 The Money Show - Transaction Capital's SA Taxi and TCRS continue to be resilient and delivered good returns in poor economic conditions.
26th November 2019 - Classic Business - Transaction Capital annual results
26th November 2019 - CNBC Africa Power Lunch - Taxi industry lifts Transaction Capital’s FY earnings
10th November 2019 - Sunday Times - Transaction Capital placed second in the Sunday Times Top 100 Companies in 2019 (286.4k)
28th August 2019 - How Transaction Capital hit the jackpot with minibus taxis
16th May 2019 - Business Report - Transaction Capital reports 17% increase in headline earnings (384.4k)
15th May 2019 - Business Day - Transaction Capital’s minibus taxi business boosts interim profits
15th May 2019 - Business Day - Taxi business to boost Transaction Capital
15th May 2019 - Business Insider SA - A South African debt collector is coining it in Australia – where household debt has reached 199% of income
15th May 2019 - Moneyweb - Transaction Capital enjoys boost in earnings thanks to minibus taxi industry
15th May 2019 - Moneyweb - Five things making headlines in South Africa today (Transaction Capital's HY19 results)
15th May 2019 - Classic Business - Transaction Capital interim results
15th May 2019 - CNBC Africa Power Lunch - Impressive H1 earnings for Transaction Capital
13th May 2019 - 702 The Money Show - Transaction Capital delivers robust performance in turbulent environment
28th March 2019 - Business Day TV - Stock Watch Picks (Transaction Capital - Wayne McCurrie's stock pick)
23rd January 2019 - Companies to Inspire Magazine - Taxi's dominate public transport in South Africa and SA Taxi is well positioned in the market (151.1k)

In The Media
21st November 2018 - Business Report - SANTACO acquires R1.7bn stake in SA Taxi
21st November 2018 - SAFM - Understanding a landmark deal between SA Taxi and the South African National Taxi Council
20th November 2018 - CNBC Africa - Transaction Capital’s 2018 year-end results
20th November 2018 - Business Day - Transaction Capital growth hits double digits thanks to commuters
20th November 2018 - SAFM Market Update with Moneyweb - Transaction Capital reports headline earnings up 18%
20th November 2018 - Power Business - Transaction Capital's FY18 Results
20th November 2018 - Classic Business - Transaction Capital's FY18 Results
20th November 2018 - Business Day TV - Transaction Capital FY earnings boosted by by R1.7bn deal
20th November 2018 - Bloomberg - SA Taxi to Grow Services to S. Africa's Top Transport Sector
5th November 2018 - 702’s The Money Show - Stock Pick Monday (Transactional Capital - Petri Redelinghuys' top stock pick)
19th July 2018 - CNBC Africa - Transaction Capital’s credit outlook for SA consumers
18th July 2018 - Bizcommunity - SA Taxi Launches Auto Parts Division
2nd July 2018 - The Citizen - Taxi industry gets R20m boost (SA Taxi's donation to taxi industry)
28th May 2018 - Business Report - Transaction Capital is in good shape on all fronts (249.2k)
17th May 2018 - Business Report - Transaction Capital shows benefits from rate cut (344.7k)
17th May 2018 - Business Day - Transaction Capital on growth track
16th May 2018 - Business Day - Transaction Capital increases interim dividend by 40%
16th May 2018 - Moneyweb SAFM - Transaction Capital interim dividend increased by 40%
16th May 2018 - CNBC Africa - Transaction Capital’s CEO David Hurwitz on maintaining strong growth
16th May 2018 - Classic Business - Michael Avery & David Hurwitz
16th May 2018 - Reuters - Transaction Capital Posts HY Core Headline Earnings Per Share Of 50.8 Cents
16th May 2018 - Moneyweb - Five things making headlines in South Africa today (Transaction Capital results)
16th May 2018 - Transaction Capital - Fine Music Radio
28th March 2018 - CNBC Africa - Is there relief in sight for SA's indebted consumers

In The Media
22nd November 2017 - Moneyweb - Transaction Capital defies challenging environment
22nd November 2017 - Business Report - Interest on taxi loans slashed to 26.5% for the future
22nd November 2017 - Business Day - SA Taxi beats big four banks on loans
22nd November 2017 - SAFM - Transaction Capital: Fantastic results despite difficult trading environment
21st November 2017 - Reuters - Transaction Capital FY core HEPS of 96.4 cents up 20%
21st November 2017 - Business Day - Taxi operators making more money, despite inflation
21st November 2017 - CNBC Africa - Just how high are taxi drivers’ interest rates?
21st November 2017 - Transaction Capital - Moneyweb @ Midday
21st November 2017 - Transaction Capital - Fine Music Radio
21st November 2017 - Transaction Capital - Classic Business
13th November 2017 - Sunday Times newspaper published its list of the Top 100 Companies in South Africa - Transaction Capital at 19th
31st October 2017 - Moneyweb - SA Taxi article and interview
28th August 2017 - Kaya FM - David Hurwitz' interview on the "Consumer Credit Rehabilitation Index" launch
20th August 2017 - Business Report - Index shows worsening plight of the over-indebted
17th August 2017 - Moneyweb - Consumer credit rehabilitation prospects deteriorate
17th August 2017 - Moneyweb - Market update interview
16th August 2017 - CNBC Africa - Transaction Capital CCR Index Interview
8th June 2017 - Financial Mail - SA Taxi drives Transaction Capital
25th May 2017 - Business Report - Transaction Capital’s strategy pays off
25th May 2017 - Moneyweb - Transaction Capital enters book buying spree
25th May 2017 - Fine Business Radio - Lindsay Williams (23:16)
25th May 2017 - SAFM - Transaction Capital does well, even in tough times
25th May 2017 - Business Day TV 2017 Interim results interview with David Hurwitz (61.1m)
24th May 2017 - Reuters - Transaction Capital HY core HEPS up 17 pct
24th May 2017 - Business Day - Transaction Capital’s first-half profit rises
24th May 2017 - CNBC Africa - Transaction Capital Interview
24th May 2017 - BizNis Africa - Transaction Capital Press Release
2nd March 2017 - SA Taxi inks R100 million deal
2nd February 2017 - Transaction Capital CEO, David Hurwitz's TV interview with Bruce Whitfield on "The MoneyMakers", CNBC Africa

In The Media
23rd November 2016 - IOL : Transaction Capital in R500m growth plans - Sandile Mchunu
23rd November 2016 - ANN7 : Transaction ‘invests’ half a billion - Thelma Ngoma
23rd November 2016 - The New Age : Transaction ‘invests’ half a billion
23rd November 2016 - Moneyweb : Zebra Cabs isn't in competition with Uber - Prinesha Naidoo
22nd November 2016 - Business Day : Australia boost for Transaction : Hanna Ziady
22nd November 2016 - Moneyweb : Transaction Capital in acquisitive mode
22nd November 2016 - CNBC Africa : Transaction Capital's earnings grow after Recoveries Corporation acquisition
22nd November 2016 - Reuters : Transaction Capital FY HEPS up 17 pct
11th May 2016 - Moneyweb : Transaction Capital plans to dominate SA’s metred taxi industry : Hanna Ziady
11th May 2016 - Business Day : Transaction Capital’s decision to cut back risky units pays off : Brendan Peacock
11th May 2016 - Business Day TV : Taxi fleet will never be brand new and fully financed
10th May 2016 - BizNis Africa : Transaction Capital Delivers 20% Dividend Growth
10th May 2016 - Sharebox : Transaction Capital dividend up by 20%
10th May 2016 - Stokveltalk : Transaction Capital's SA business unit to transform the metered taxi industry
3rd March 2016 - Sharebox : Transaction Capital updates shareholders on AGM
29th January 2016 - Business Day : Transaction Capital ventures further afield for new deals : Phakamisa Ndzamela

In The Media
9th December 2015 - Fin 24 : A bright future for Transaction Capital
25th November 2015 - Business Day : Transaction adds services for taxis : Phakamisa Ndzamela
24th November 2015 - Moneyweb : SA Taxi plans to build its own panel beater : Hanna Barry
24th November 2015 - CNBC : Taxi financier Transaction Capital to expand risk business, looks at Uber model.
24th November 2015 - Moneyweb : Transaction Capital delivers 20% organic growth in HEPS. Interview with David Hurwitz : Siki Mgabadeli
24th November 2015 - Classic Business : Full year results interview with David Hurwitz : Michael Avery
24th November 2015 - Business Day TV : CEO David Hurwitz chats to Stephen Gunnion about full-year results, demand for taxi finance and how the group will be affected by new credit regulation.
24th November 2015 - Business Day TV : Andrew Newell from Cannon Asset Managers takes Giulietta through his stock pick of the day: Transaction Capital
24th November 2015 - CNBC Africa : Year end results interview with CEO, David Hurwitz
24th November 2015 - SABC : Interview with David Hurwitz : Gunther Deutsch
24th November 2015 - Fine Music Radio : Lindsay Williams interview with David Hurwitz
24th November 2015 - Brief by Reuters
17th September 2015 - BusinessDay TV : UBER on the Card for Transaction Capital
17th September 2015 - Fine Business Radio : Lindsay Williams interview with CEO, David Hurwitz
8th September 2015 - CNBC Africa : Transaction Capital outlook, with CEO David Hurwitz.
20th May 2015 - CNBC Africa: Transaction Capital outperforming the local economy.
19th May 2015 - Businessday Live : COMPANY COMMENT: Transaction Capital
6th May 2015 - Business Report : Transaction Capital : Growth rates outstrip local economy
5th May 2015 - Moneyweb : Transaction Capital grows continuing headline earnings per share 22%
5th May 2015 - Classic FM : Michael Avery interviews David Hurwitz. Transaction Capital Interim Results
5th May 2015 - Moneyweb : Transaction Capital sees opportunity in Uber
5th May 2015 - CNBC : Transaction Capital H1 results with CEO David Hurwitz
5th May 2015 - Moneyweb : Transaction Capital posts strong interims in tough climate
5th May 2015 - Reuters : Brief : Transaction Capital H1 continuing headline EPS rises 22%
13th April 2015 - S.AFRICA MINIBUS TAXIS SET TO UNDERGO A MAJOR UPGRADE
10th April 2015 - My Hero \| SA Taxi Finance Holdings

In The Media
25th November 2014 - Leaner but Growing Business Day
25th November 2014 - Transaction Capital generates 18% growth in continuing headline earnings Moneyweb
11th November 2014 - Transaction Capital drives organic growth for now
21st October 2014 - TRANSACTION CAPITAL - HOT OR NOT CNBC
12th September 2014 - Transaction Capital tightens lending criteria (55.7k)
11th September 2014 - Transaction Capital R1.2bn in cash to fund acquisitions for future growth Business Day
6th June 2014 - Interview with Mark Herskovits on Transsec listing
6th June 2014 - Transaction Capital Plans New 4b Rand Securitization Program (500.6k)
6th June 2014 - TRANSACTION CAPITAL LISTS MILLIONS SECURING SA TAXI DEBT CNBC
8th May 2014 - S.Africas Transaction hits life high on H1 profit Reuters (11.5k)
6th May 2014 - Moneyweb: Transaction Capital wont rush acquisitions (197.6k)
6th May 2014 - Transaction Capital H1 HEPS rises 28 pct Reuters (84.4k)
6th May 2014 - Transaction Capital First-Half Profit Triples After Asset Sales Bloomberg (0b)
6th May 2014 - Results are good, but environment is tough DB (43k)
6th May 2014 - CNBC : Transaction Capital FY Results
6th May 2014 - Business Day: Transaction Taxi Finance Unit Lifts Impairments
6th May 2014 - TRANSACTION CAPITAL H1 HEPS RISES 28%

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