transaction capital

  1. pratlou

    Investors flee R11bn Mi-Plan unit trust after taxi debt default shock

    Investors have fled the Mi-Plan Enhanced Income Fund after it announced in February that it would ringfence nearly R1 billion in debt assets exposed to Bridge Taxi Finance. The fund lost nearly one-third of its investments in February after it announced this. At the end of January, the...
  3. Jan

    Transaction Capital replaces CEO David Hurwitz with cofounder Jonathan Jawno

    WeBuyCars owner announces new CEO David Hurwitz will resign as Transaction Capital group CEO and board director, effective 31 December 2023. “David joined Transaction Capital in 2005 and has played a pivotal role in the company’s growth and success,” the company said in a statement on Monday.
    • Jan
    • Thread
    • david hurwitz jonathan jawno transaction capital webuycars
    • Replies: 0
    • Forum: Broadband and IT News
  4. Jan

    WeBuyCars had an excellent year

    WeBuyCars’ incredible performance — 88,000 cars sold and R10 billion in revenue WeBuyCars had an excellent year. Ecommerce sales doubled, and it is now selling around 8,000 vehicles per month.
  5. Jan

    WeBuyCars merger with Transaction Capital approved

    WeBuyCars deal approved The Competition Tribunal has unconditionally approved the large merger between Transaction Capital and WeBuyCars, the regulator announced on Monday. Transaction Capital will increase its shareholding in WeBuyCars through its wholly-owned subsidiary, Transaction Capital...
  6. Jan

    Transaction Capital deal to acquire WeBuyCars gets Competition Commission approval

    WeBuyCars sale to Transaction Capital gets green light The Competition Commission has recommended that the Competition Tribunal approve the proposed transaction, which will see Transaction Capital become the majority shareholder in WeBuyCars. It has recommended the transaction be approved...
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