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Huge changes for Transaction Capital as CEO, David Hurwitz steps down.

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Guest - David Hurwitz - Transaction Capital CEO

Transaction Capital, which has stakes in WeBuyCars and SA Taxi, said on Monday CEO David Hurwitz would be stepping down at the end of 2023.

The group has been hit this year by a downturn in the taxi market and the effects of a miscalculation of used car prices, and its shares have lost almost 80% of their value so far in 2023.

12 Sep 2023 4PM English South Africa Business News · Investing

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