Edward West

Multimedia Journalist, Business

iOCO reports strong 46% profit increase amid turnaround strategy

Edward West|Published

iOCO has achieved a 46% increase in taxed profit to R180 million in the first half of the financial year, alongside a strategic acquisition of the MySky Group, signalling ...

Hisense South Africa reaffirms commitment to local manufacturing at Buy Local Summit

Edward West|Published

Hisense South Africa has committed to local production and manufacturing, as highlighted at the 14th Buy Local Summit & Expo, showcasing their investment in the ...

Vukile makes another aquisition: 50% of Barcelona's Splau Shopping Centre

Edward West|Published

Vukile Property Fund announces the acquisition of a 50% stake in the Splau Shopping Centre in Barcelona for €175 million, marking a significant step in its strategy ...

PPC reports significant financial improvements as turnaround strategy progresses

Edward West|Published

PPC's latest financial results reveal a successful turnaround strategy, with significant improvements in cash flow and earnings, particularly in Zimbabwe, while ...

Brandon Craig to succeed Mike Henry as BHP CEO

Edward West|Published

BHP Group has announced that Brandon Craig will take over as CEO from Mike Henry on July 1, 2026, following a successful tenure focused on shareholder value and ...

Libstar Holdings reports significant growth and enhanced dividend policy

Edward West|Published

Libstar Holdings announces impressive financial results for the year ending December 31, with an 86% increase in dividends and a commitment to enhancing stakeholder ...

STADIO shares rise 5% after reporting 22% earnings growth and strong student numbers

Edward West|Published

STADIO Holdings CEO Chris Vorster said in an interview they were excited to see such good growth in a weak economy, and with consumer disposable incomes under pressure. ...

Mr Price defends acquisition of Europe-based NKD amid investor concerns

Edward West|Published

Mr Price defends its R9.24 billion acquisition of European retailer NKD, addressing investor concerns about the deal's price and potential risks while highlighting ...

Old Mutual appoints Roger Jardine as chairman designate as group sets forth on strategy reset

Edward West|Published

Old Mutual announces the appointment of Roger Jardine as chairman designate, succeeding Trevor Manuel, who retires after the upcoming annual general meeting. This ...

Sasfin Holdings completes transformation into investment-holding company

Edward West|Published

Sasfin Holdings has completed its transformation into an investment-holding company, focusing on asset finance and wealth management. CEO Michael Sassoon discusses ...

Mozal Aluminium mothballed due to soaring electricity costs, thousands of jobs affected

Edward West|Published

Mozal Aluminium, a major industrial player in Mozambique, has ceased operations due to high electricity costs, affecting thousands of jobs and the local economy. ...

Optasia's robust 76% revenue growth driven by market expansion and new partnerships

Edward West|Published

Optasia has reported a remarkable 76% increase in revenue, surpassing its growth forecast, driven by strategic market expansions and partnerships. CEO Salvador Anglada ...

MTN Group announces R6 billion share buyback and dividend uplift, boosts investor confidence

Edward West|Published

" MTN Group's latest financial results showcase a remarkable turnaround with a R6 billion share buyback and a 45% increase in dividends, signalling strong growth ...

Fortress announces capitalisation share option to fund further property developments

Edward West|Published

Fortress Real Estate Investments offers shareholders a choice between a capitalisation share of 87.90 cents per “B” share or a cash dividend, aiming to fund its ...

MC Mining improves loss figures; Makhado Project gathers momentum

Edward West|Published

MC Mining has reported a 2% improvement in its attributable loss for the six months ending December 31, 2025, despite facing challenges such as lower sales volumes ...

Young South Africans face challenges in home ownership as demand outstrips supply

Edward West|Published

SA Corporate Real Estate's latest findings reveal that while housing demand in South Africa is high, under 35s are increasingly unable to afford home ownership, ...

Standard Bank Group revises South African interest rate forecast amid rising oil prices

Edward West|Published

Standard Bank Group's CEO discusses the impact of rising oil prices from the Middle East crisis on South Africa's economy and the bank's revised interest rate forecast, ...

Sanlam reports record in new business for 2025 and raises its dividend 9%

Edward West|Published

Sanlam has announced a record R496 million in new business for its 2025 financial year, reflecting a 22% increase driven by strong growth across its diversified ...

Government payment delays are threatening the financial viability of construction companies

Edward West|Published

Payment delays by the South African government are crippling construction companies, posing a greater threat than market downturns. Industry leaders discuss the ...

PAPSS: Revolutionising African trade financing

Edward West|Published

Discover how the Pan African Payment Settlement System is reshaping trade financing in Africa by enabling local currency transactions across 22 countries

Unlocking Africa's trade potential: Insights from the African Trade Conference 2026

Edward West|Published

At the African Trade Conference 2026, industry leaders discuss the progress and challenges facing Africa's integration into global trade, highlighting the need for ...

Accelerating Africa's integration into global trade at the Africa Trade Conference 2026

Edward West|Published

The Africa Trade Conference 2026 in Cape Town brings together global leaders to discuss strategies for enhancing Africa's role in global trade, focusing on intra-African ...

Hyprop reports steady distribution growth as shift in where the assets are continues

Edward West|Published

Hyprop Investments has announced a 4.9% increase in its half-year dividend, reaffirming its full-year guidance amid strategic expansions in South Africa and Eastern ...

Weaver Fintech's share price up 9% after reporting another year of strong growth

Edward West|Published

Weaver Fintech has reported a remarkable 40% increase in headline earnings and a 9% rise in share price, driven by strong customer acquisition and revenue growth ...

Absa Group reports 12% increase in headline earnings amid strategic shifts

Edward West|Published

Absa Group has reported a solid 12% increase in headline earnings to R24.8 billion, driven by lower credit impairments and strategic shifts under CEO Kenny Fihla. ...