Transaction Capital plans to up stake in WeBuyCars

Transaction Capital has announced that it will resume its interim dividend payouts after the company reported a strong recovery in earnings following the fallout from Covid-19. The firm, which provides insurance and financing to minibus taxi operators through its SA taxi division, has also announced that it’s in talks to up its stake in WeBuyCars so that it can gain control of the online car market. Business Day TV's Alishia Seckam unpacked the group’s financial performance and growth plans with Transaction Capital CEO David Hurwitz.