Ghost Biz - 25 June 2026
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Today in Ghost Biz, Gary Stroebel and The Finance Ghost discuss:
-FirstRand – A £750 million provision forces an exit from the UK, but strong lending growth and a resilient core business continue to underpin the group's performance.
-Standard Bank – A voluntary trading update points to slower earnings growth, while management maintains full-year guidance despite recent market volatility.
-Labat – Formerly focused on cannabis opportunities and now reinventing itself as an IT business, Labat's surprise dividend has raised fresh questions about the group's future.
-FirstRand – A £750 million provision forces an exit from the UK, but strong lending growth and a resilient core business continue to underpin the group's performance.
-Standard Bank – A voluntary trading update points to slower earnings growth, while management maintains full-year guidance despite recent market volatility.
-Labat – Formerly focused on cannabis opportunities and now reinventing itself as an IT business, Labat's surprise dividend has raised fresh questions about the group's future.
