COVID-19 continues to affect the lives and livelihoods of people across the world. Within Transaction Capital, we have lost four employees to COVID-19. We extend our deepest sympathies to the families, friends and colleagues of Christopher Guy Harradine, Hilton Esterhuizen, Nompumelelo Jivane and Sherizia Shalande Mouers.
with DAVID HURWITZ / CEO
with TERRY KIER / SA TAXI CEO
with DAVID MCALPIN / TCRS CEO
with MARK HERSKOVITS / CIO
Prior to the effects of COVID-19, the group was on track to deliver earnings growth in line with past performance and guidance given at the time of our AGM in March 2020. Despite the disruption of COVID-19, with most of our business operations restricted and in some cases fully closed for more than two months, the group’s core pre-provision profit from continuing operations grew 10%. Positive operational leverage supported this resilient performance.