Group is confident the second-hand car dealer will grow annual earnings
Transaction Capital is bullish about the prospects of its crown jewel, WeBuyCars, saying on Monday that the second-hand car dealer has an unassailable dominance in the market.
However, the group warned in a trading update that WeBuyCars experienced some margin pressure in the first quarter of financial year 2023 and expects earnings to decrease for the half-year to end-March, though not more than 20%...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WATCH: Technical analysis of Shoprite, Sibanye-Stillwater and Sun InternationalBusiness Day TV speaks to founder of Herenya Capital, Petri Redelinghuys
Read more »
MICHAEL AVERY: The value in Silicon Valley Bank’s cautionary taleThe choreographed capital spending cycle in many sectors has been upended
Read more »
TEBOGO NALEDI: Water, inequality and just transition top ESG risk prioritiesAsset management industry as custodian of financial capital and citizens’ savings has big role to play
Read more »
Rubbish piles up in strike-bound ParisThousands of tonnes of garbage have piled up on streets across the French capital after a week of strike action by dustbin collectors.
Read more »
Tshwane Council | DA mum on polygraph test resultsThe chaos in the capital council continues. The Tshwane DA is not revealing the results of polygraph tests to determine who voted for Murunwa Makwarela.
Read more »
Makwarela’s disgraceful mayoral fail in Tshwane | City PressThe DA has warned Gauteng Premier Panyaza Lesufi to shelve any plans he had to place the Tshwane Metropolitan Municipality under administration, saying he is not an “innocent party” in the capital’s current “deeply embarrassing” instability.
Read more »