Finweek - English

Trying to return to bull trend

ransaction Capital (TCP) is an active strategic investor in high-potential businesses in credit recovery and related services. The company’s segments include SA Taxi and for R1.84bn. Chief executive David Hurwitz described the investment as value-accretive that will convert interest income on the company’s deployed capital into higher-yielding operating earnings, which will accelerate Transaction Capital’s earnings growth rate.

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