Edward West

Multimedia Journalist, Business

Goldrush Holdings gears up for National Lottery - legal challenges loom over license award

Edward West|Published

Goldrush Holdings reports an 11% increase in earnings before tax amid ongoing legal disputes over the National Lottery License awarded to Sizekhaya Holdings.

KAP to sell Unitrans Swazi Holdings for R214 million amid restructuring efforts

Edward West|Published

KAP, the South African industrial group, announces the sale of Unitrans Swazi Holdings for R214 million as part of its strategy to restructure underperforming businesses ...

Richemont's share price surges following strong sales in volatile global environment

Edward West|Published

Compagnie Financiere Richemont reports a 4.8% surge in share price following impressive sales growth, despite facing macroeconomic challenges.

Cell C Holdings opens share offer ahead of JSE listing

Edward West|Published

Cell C Holdings has launched a share offer for qualifying investors, with a JSE listing set for November 27, 2025. The company aims to raise up to R6.5 billion, ...

Virgin Active's operational turnaround: Revenue growth across all territories

Edward West|Published

Brait's latest results reveal Virgin Active's impressive revenue growth across various regions, despite challenges in membership retention and club refurbishments. ...

Emira Property Fund: diversification drives 3.2% increase in final dividend

Edward West|Published

Emira Property Fund reports a 3.2% increase in its final dividend, driven by strong performances in South Africa and the US, alongside strategic investments in Poland. ...

Purple Group reports 143% rise in earnings per share, highlighting retail investing success

Edward West|Published

" Purple Group's latest financial results reveal a remarkable 143% increase in earnings per share, driven by the success of its EasyEquities platform, which has ...

South Africa to launch R15 billion infrastructure bond to boost project investment levels

Edward West|Published

South Africa's government is set to launch a R15 billion infrastructure bond aimed at stimulating economic growth and job creation, alongside significant investments ...

Santam appoints Dr. Philile Mkhize as new Group COO

Edward West|Published

Santam, South Africa's largest short-term insurer, announces the appointment of Dr. Philile Mkhize as Group COO, effective December 1, 2025, bringing 25 years of ...

Woolworths Holdings reports 7.7% share price increase amid strong sales growth

Edward West|Published

Woolworths Holdings has reported a 7.7% increase in share price following strong sales growth across all business segments, despite challenging economic conditions ...

Dipula Properties delivers robust annual results and is in the market for new opportunities

Edward West|Published

Dipula Properties has reported a 5% increase in distributable earnings for the year ending August 2025, with CEO Iszak Petersen highlighting strategic acquisitions ...

Mantengu's Blue Ridge Platinum signs life of mine agreement with Monteagle International

Edward West|Published

The new chrome concentrate supply agreement between Mantengu's Blue Ridge Platinum and Monteagle International marks a pivotal moment for the company

Santam's share price surges 5% following strong operational update

Edward West|Published

Santam's latest operational update reveals a strong financial performance, with a 5% surge in share price and significant growth across key insurance metrics, despite ...

Stor-Age celebrates a decade of growth with 4.5% interim dividend increase

Edward West|Published

Stor-Age, the pioneering self-storage REIT on the JSE, reports a 4.5% increase in its interim dividend, marking ten years of robust growth and strategic expansion ...

Premier Group's share price surges 7.5% after solid interim earnings and improving prospects

Edward West|Published

Premier Group reports a 5.8% increase in share price following robust half-year earnings and announces the acquisition of RFG Holdings, positioning itself for sustainable ...

CEO Seelan Gobalsamy discusses Omnia Holdings' growth in mining and agriculture

Edward West|Published

Omnia Holdings’ mining explosives division has reported robust profitability, with a 3% revenue growth and a 7% increase in operating profit, despite significant ...

Raubex's interim performance: A mixed outlook with a solid order book

Edward West|Published

Raubex Group's headline earnings fell by 14% in the first half of the financial year, driven by operational challenges. Despite this decline, the company maintains ...

Vodacom well on its way to reach 2030 growth target of 260 million customers

Edward West|Published

Vodacom has reported a 13.6% increase in service revenue for the six months ending September 30, exceeding its five-year growth target. CEO Shameel Joosub outlines ...

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 ...