About us

Overview

OUR BUSINESS ACTIVITIES

Conduit operates two primary revenue streams: insurance activities and investments. Each subsidiary within these streams autonomously conducts its own business affairs within the Group’s corporate framework.

INSURANCE

This activity houses the Group's insurance interests:

The three insurance licences

Insurance-related investments

INVESTMENTS

This activity houses the Group‘s non-insurance investment activities, which comprise two distinct parts:

Public equity investments

Private investments


BUSINESS UNIT STRUCTURE

Conduit Capital Limited

  • Insurance
  • Insurance Risk Services
  • Insurance Non-risk Services

 

  • Investments
  • Finance and Treasury
  • Investment Services
  • Corporate Services


DETAILED GROUP STRUCTURE

VALUE INVESTMENT STRATEGY IN A NUTSHELL



HOW WE CREATE VALUE

WHAT MAKES CONDUIT CAPITAL DIFFERENT

Our Conduit Capital Shareholder Manifesto states:

  • As long-term owners of businesses, we do not prioritise short-term trading profits
  • We measure our performance against the intrinsic growth in per share value we achieve. Business size and financial ratios are irrelevant
  • We partner with the managers of the companies in which we invest. They are expected to own shares in their companies ("skin in the game")
  • We do not take anything at face value. Put in the effort to thoroughly understand the businesses we invest in
  • We are committed to the strategy of ensuring we own a diversified set of high-quality businesses. These can be in the insurance and
    non-insurance industries, within the public and private markets
  • We make long-term, sustainable investments despite the possibility of short-term losses
  • We retain earnings for as long as the value of every rand retained exceeds one rand while sound investment opportunities can still be found
  • We are open, transparent and honest in all our communications and reporting
  • We only issue shares when we are confident that the value achieved will be greater than the value given up


SHAREHOLDER MANIFESTO PDF 758KB

CORPORATE SOCIAL RESPONSIBILITY

Whilst Conduit historically supported initiatives, in conjunction with Constantia, Conduit has now established a Transformation Committee with a view to, amongst other matters, indentifying initiatives which Conduit will directly support.

Afrika Tikkun South Africa

We adopted and continue to support a classroom at the Uthando Centre in Braamfontein

Chayil Foundation

We contributed to the building of a new classroom in the day care centre

Conduit recently established a Transformation Committee to identify initiatives we can directly support. At present, Conduit: