Driving the taxi industry amid COVID-19
Despite a robust interim performance, Transaction Capital wrote down its businesses by roughly R190m. That's as the company prepares for the fallout from COVID-19. Santaco has skin in the game with a 25% stake in Transaction Capital’s SA Taxi business. Business Day TV spoke to company’s CEO, David Hurwitz and Thabiso Molelekwa, Spokesperson of the SA National Taxi Council for their assessment of the sector’s ability to bounce back from current challenges.