Edward West

Multimedia Journalist, Business

Crookes Brothers' profit slips amid lower crop prices and weather challenges

Edward West|Published

Crookes Brothers' profit plunged 52% to R29.28 million in the six months to September 2023, driven by lower commodity prices across all crops and extreme weather ...

Mantengu's share price rockets 34% after it reports sharp growth in the business

Edward West|Published

Mantengu Mining's share price jumped 34.15% despite reporting a headline loss, as the junior miner's asset value more than tripled to R482.2m during its 'massive ...

Quantum Foods reports strong recovery with resumed dividend payments

Edward West|Published

Quantum Foods has recovered strongly in its 2025 financial year, with total volumes up 8.7% and a resumed dividend of 34 cents per share. The company has strengthened ...

KAL Group reports strong recovery with 16.7% dividend increase

Edward West|Published

KAL Group, the JSE-listed specialty retailer, has achieved a remarkable turnaround in the second half of its financial year, enabling a 16.7% dividend increase despite ...

Nampak shares surge nearly 4% as earnings forecast to more than double

Edward West|Published

Nampak's share price jumped 3.9% following a trading statement that forecasts headline earnings per share to more than double, demonstrating the effectiveness of ...

Cell C makes strong JSE debut as shares rise 4% on first trading day

Edward West|Published

Cell C Holdings successfully debuted on the JSE with shares trading 3.77% higher, valuing the company at approximately R9 billion. This listing represents a significant ...

Pan African's R2.8bn gold project could boost production to 100 000 ounces annually

Edward West|Published

Pan African Resources' feasibility study reveals plans for a R2.8 billion expansion of its tailings operations, potentially boosting gold production to nearly 100,000 ...

Pepkor secures approval for new South African bank, expands financial services footprint

Edward West|Published

iscount retailer Pepkor has received approval from the Prudential Authority to establish a bank in South Africa, signaling further competition in an already burgeoning ...

Tiger Brands shares surge 8% after it announces a R4bn special final dividend

Edward West|Published

Tiger Brands' share price jumped nearly 8% after announcing a R4bn special dividend payout, bringing total special dividends for the year to R5.8bn. Despite economic ...

Vukile Property Fund upgrades growth forecast, plans R5bn investment

Edward West|Published

Vukile Property Fund has raised its annual guidance from 6% to 9% following strong half-year results, with plans to deploy some R5 billion liquidity into new property ...

Octodec Investments boosts dividends amid resilient inner-city portfolio performance

Edward West|Published

n a year filled with resilience and strategic adaptability, Octodec Investments has redefined its approach to property management, delivering notable financial returns ...

Takealot on track for first profit since 2011, reports 57% reduction in loss at half-year

Edward West|Published

Takealot, South Africa's largest ecommerce company, experienced a step-change in its businesses operations in the past six months

Zeda share price soars 11% - strong earnings growth in the tough automotive market

Edward West|Published

JSE-listed Zeda, which owns the Avis brand in South Africa and 10 other African countries, saw its share price surge 11% following impressive financial results. ...

Pepkor's profits grow after driving value for customers in the tough economic environment

Edward West|Published

Pepkor Holdings reports remarkable profit growth and strategic innovations, cementing its position as a leader in retail and fintech, despite ongoing economic challenges. ...

Invicta sees interim earnings shoot 19% despite South Africa's industrial challenges

Edward West|Published

nvicta Holdings has demonstrated resilience in the face of South Africa's challenging industrial landscape, reporting a 19% increase in sustainable headline earnings ...

Netcare delivers strong results in 2025 amidst ongoing digital innovation in its wards

Edward West|Published

Netcare has demonstrated strong financial performance for the year ending September 30, 2025, showcasing resilience in the face of a challenging healthcare landscape, ...

Higher hake catches and strong Lucky Star sales drives Oceana Group's profit growth

Edward West|Published

Oceana Group's operating profit surged by 58% for the year ending September 30, driven by a remarkable turnaround in its Wild Caught Seafood segment, despite a 38% ...

Cilo Cybin Holdings' interim losses mainly the result of corporate initiatives

Edward West|Published

Cilo Cybin Holdings experienced a 7.1% drop in share price following the announcement of interim results, revealing a taxed loss of R212.2 million primarily due ...

Jubilee Metals Group reports 65% increase in copper production in first quarter

Edward West|Published

Jubilee Metals Group has reported a remarkable 65% increase in copper production for the first quarter of the 2026 financial year, with stable operations and no ...

SPAR Group share price declines as earnings forecast worsens

Edward West|Published

The SPAR Group faces a challenging financial outlook, with a significant drop in share price and earnings forecast, prompting strategic initiatives to enhance operational ...

Argent Industrial reports strong interim result with 11.7% dividend increase

Edward West|Published

Argent Industrials has announced a robust financial performance for the six months to September 30, with significant increases in revenue and dividends, prompting ...

Mantengu's allegations against JSE executives: A closer look at some of the evidence

Edward West|Published

Mantengu has filed a criminal complaint against JSE executives, alleging share price manipulation with supporting evidence. The JSE denies the claims, stating that ...

Lewis Group's growth: 21.4% rise in operating profit and new store opening record

Edward West|Published

Lewis Group announces a 12.3% increase in its interim dividend, driven by a 21.4% rise in operating profit and significant store expansion, despite challenging market ...

Mr Price Group's share price surges as half-year sales exceed market expectations

Edward West|Published

Mr Price Group's recent half-year results showcase a strong performance that defies market trends, as rising profit margins and growth in sales signal resilience ...

Investec Group reports 2.5% growth in earnings amid challenging economic conditions

Edward West|Published

Investec Group has reported a 2.5% increase in adjusted earnings per share for the six months ending September 30, showcasing resilience in a challenging macroeconomic ...