Conduit Capital’s share price unchanged despite anticipated HEPS surge

The investment holding company expects headline earnings per share for the half-year to end-December to rise as much as 215%

Discovery ‘on track’ to launch its bank in 2018

CEO Adrian Gore says the company’s performance over the six months ‘exceeded expectation, enabling it to track strongly towards its stated 2018 ...

Activists join resistance to Coronation policies

NGO firm to vote against remuneration, buy-backs and re-election of the chairman

JSE is fertile ground for short sellers

Several major listed companies have up to 5% of their shares out on loan

KPMG hopes to keep Gupta report to itself

Firm says investigation did not find illegal behaviour but work fell short of its standards

Fed plans to ban former Barclays trader

Banned traders from Barclays are linked with ‘the Cartel’ chat room used by senior traders to try to move currency benchmarks

Chicago Stock Exchange considers its options after US regulator blocks sale

A lack of transparency by US and China-based investors leads the Securities and Exchange Commission to kill the politically sensitive sale

Banks and insurers under fire

Competition Commission takes sideswipe by saying it does not want probe to get stuck on technicalities raised

Investec’s Koseff to succeed Brian Joffe as chairperson at Bidcorp

The outgoing Investec CEO, who is already an independent non-executive director at Bidcorp, will take over on March 31

Shareholder activist Theo Botha calls for Coronation bonus details

Lack of transparency on remuneration of executives is particularly inappropriate, Botha tells fund manager

Bank of Baroda confirms closure of South African branches

The instruction is said to have come from the bank’s headquarters in India

Carl Gonzaga calls it quits at Taste

The embattled retailer says its former boss will remain employed for six months to support the interim CEO and board

Liberty's earnings are too low, say analysts

Shareholder confidence wanes as the insurer’s new chief fails to fire up earnings

SoftBank mulls Swiss Re stake

Japanese company enters talks to acquire a minority stake in the reinsurance firm in a deal worth about $10bn

ATM use lifts Net1’s local revenue

Increase not enough to offset declines in other segments, while earnings per share drop 53% after rise in number of shares in issue

Viceroy Report: No retreat in Capitec short selling

The sustained level shows resistance to the bank’s detailed responses to Viceroy Research’s allegations

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Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.