Edward West

Multimedia Journalist, Business

Discovery Bank faces R3 million fine from PA for compliance failures, lack of staff training

Edward West|Published

" Discovery Bank has been fined R3 million by the Prudential Authority for failing to report suspicious transactions and inadequate staff training, highlighting ...

Sephaku Holdings reports mixed results amid cautious optimism in construction sector

Edward West|Published

Sephaku Holdings reports a revenue increase amid a challenging construction environment, with CEO Kenneth Capes outlining cautious optimism and strategic expansions ...

TFG's share buybacks and revenue growth amid declining profits

Edward West|Published

Despite a 5.3% drop in share price and an 18.8% reduction in interim dividend, TFG reports a 12.2% revenue increase, driven by strong online sales and strategic ...

Lesaka Technologies reports 61% increase in first quarter EBITDA

Edward West|Published

Lesaka Technologies reports a remarkable 90% increase in adjusted EBITDA for Q1, despite a net loss. The company showcases strong growth with a 45% rise in net revenue, ...

Vodacom revises earnings forecast downwards following Please Call Me settlement

Edward West|Published

Vodacom has lowered its earnings forecast by 17% following a settlement in the long-standing Please Call Me court case, impacting its financial outlook for the upcoming ...

Just Share urges investors to oppose Sasol's climate resolution at AGM

Edward West|Published

Just Share recommends that investors vote against Sasol's climate resolution at the upcoming AGM, citing concerns over the company's emissions roadmap and its reliance ...

Sappi optimistic about 2026 despite 2025 loss

Edward West|Published

Sappi's share price increased by over 9% following a positive forecast for 2026, despite a loss reported for 2025. CEO Steve Binnie outlines strategies for debt ...

Cell C aims for R7.7 billion JSE listing to enhance growth and transparency

Edward West|Published

Cell C is set to raise R7.7 billion through a listing on the JSE, marking a pivotal moment in its restructuring journey. The listing aims to enhance the company's ...

Gold Fields’ South Deep mine boosts production and reduces costs in the third quarter

Edward West|Published

Gold Fields’ South Deep mine in Gauteng has reported a 20% increase in gold sales for the third quarter, contributing to the company's robust performance amidst ...

Alphamin Resources pays an interim dividend and reports 26% increase in tin production

Edward West|Published

Alphamin Resources announces a CAD$0.04 per share dividend alongside a 26% increase in third-quarter tin production, reflecting strong operational performance and ...

Kore Potash explores acquisition options as share price rises

Edward West|Published

Kore Potash announces potential acquisition interest as its share price rises, while exploring funding options for its Kola Project.

enX Group posts lower earnings loss per share following recent disposals

Edward West|Published

enX Group's power segment has been negatively impacted by almost no loadshedding in its 2025 financial year, compared with about 120 days loadshedding the previous ...

Optasia lists on JSE in a significant milestone in digital finance for emerging markets

Edward West|Published

Optasia, a Dubai-based leader in AI-powered digital finance, has successfully listed on the JSE, achieving a market capitalisation of R23.5 billion. This landmark ...

Altron invests R342 million in growth initiatives, and plans to turnaround Netstar in Australia

Edward West|Published

Altron reports a R342 million investment in growth initiatives, including its pioneering AI Factory, while navigating challenges in the IT services sector and a ...

Exxaro completes R250 million sale of FerroAlloys to EverSeed Energy

Edward West|Published

Exxaro Resources has successfully divested its shareholding in FerroAlloys to EverSeed Energy for R250 million, marking a strategic milestone in its business journey. ...

Pepkor Holdings reports 12% revenue growth amid challenging retail environment

Edward West|Published

Pepkor Holdings has reported a 12% increase in revenue to R95.3 billion for the year ending September 30, showcasing resilience in a competitive retail market. The ...

Redefine signals improving market confidence after raising annual distributable income 7.8%

Edward West|Published

Redefine Properties has reported a 7.8% increase in distributable income, highlighting a year of transformation and resilience in its diversified portfolio. With ...

Impala Platinum first quarter 6E production declines 5% amid rising prices

Edward West|Published

Impala Platinum Holdings experienced a 4.89% drop in share price following a report of decreased 6E production volumes in Q1. Despite challenges, the group maintains ...

Renergen reports increased interim taxed loss but advances in Virginia Gas Project

Edward West|Published

Renergen reports a taxed loss of R139.7m for the six months ending August 2025, while making significant strides in its Virginia Gas Project, including funding agreements ...

MTN Nigeria roars back to profitability with stellar nine-month results

Edward West|Published

MTN Nigeria reported a strong turnaround in the nine months to September 30. With a revitalised balance sheet, strategic clarity, and a favourable economic climate, ...

MC Mining's Makhado Project shows strong progress as share price rises 15%

Edward West|Published

MC Mining reports significant advancements in its Makhado Project, with a 15% increase in share price and positive developments in coal plant commissioning and operational ...

Datatec more than doubles interim dividend after a 109.5% surge in headline earnings

Edward West|Published

With an optimistic outlook and robust financial performance, Datatec is firmly positioned to meet the increasing demands of the digital landscape, ensuring it remains ...

Fairvest acquires Jozini Mall and Tugela Ferry Mall for R674 million

Edward West|Published

Fairvest has announced the acquisition of Jozini Mall and Tugela Ferry Mall for R674 million, reinforcing its strategy to invest in retail assets that serve previously ...

Dis-Chem's plans for 2026 and beyond: New stores, a mobile app, building out the new loyalty program

Edward West|Published

Dis-Chem has announced a series of ambitious initiatives aimed at transforming its business model and enhancing customer engagement for the 2026 financial year. ...

Primary Health Properties gets competition green light for Assura acquisition

Edward West|Published

The UK Competition and Markets Authority has said it has no competition concerns with Primary Health Properties' acquisition of Assura