Edcon Holdings, the retailer controlled by US private-equity firm Bain Capital Partners, faces a fine and other penalties after a South African regulator found it had breached the National Credit Act. Edcon, which operates outlets such as Jet and Edgars, has been wrongly charging consumers a fee for clubs linked to store cards that shoppers use at its franchises, the … [Read more...] about Edcon in wrongful fee probe