SA Taxi puts breaks on Transaction capital's winning streak

At the half-year mark, Transaction Capital has reported a loss of R1.73bn as the group starts restructuring its struggling SA Taxi unit. The division's core earnings attributable to the group plunged by 77% during the period and is expected to weigh on the firm's full-year outlook as well. Business Day TV spoke to Transaction Capital's CEO, David Hurwitz for a closer look at the performance.