Edward West

Multimedia Journalist, Business

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 ...

Positive earnings trajectory for Momentum Group continues into 2026

Edward West|Published

Momentum Group has continued its positive earnings trajectory into the first quarter of the 2026 financial year, reporting normalised headline earnings of R1.76 ...

RFG Holdings reports 9.7% decline in headline earnings amid rising US tariffs

Edward West|Published

RFG Holdings has reported a 9.7% decline in headline earnings for the year ending September 28, as the company navigates challenges posed by increased US tariffs ...

Southern Sun anticipates recovery in its hotel occupancy rates

Edward West|Published

Southern Sun reports a promising recovery in hotel occupancies, driven by economic growth and major events in South Africa, despite ongoing challenges from high ...

Telkom SA reports 16.3% earnings growth, driven by mobile and fibre services

Edward West|Published

Telkom SA has reported a 16.3% increase in earnings, driven by significant growth in mobile and fibre services. Despite facing economic challenges and intensified ...

Reinet Investments reports net asset value decline amid market uncertainties

Edward West|Published

Reinet Investments reports a €6.7 billion net asset value as of September 30, 2025, reflecting a 3.7% decrease, primarily due to lower fair value estimations and ...

Coronation Fund Managers navigates South Africa's volatile savings landscape

Edward West|Published

Explore the challenges faced by the South African savings industry in 2025 as rising unemployment and the Two-pot Retirement System contribute to ongoing contraction. ...

Barloworld reports 21% drop in headline earnings amid Saudi takeover

Edward West|Published

Barloworld has announced a significant decline in its headline earnings and revenue as it prepares for a takeover by a Saudi consortium, raising concerns about its ...

WeBuyCars announces 20% dividend increase amid growth in SA’s used car market

Edward West|Published

WeBuyCars Holdings has reported a 20% increase in its final dividend, reflecting strong growth in South Africa’s used car market, with revenue rising by 13% to R26.4 ...

MTN Group sees strong revenue growth across Africa in third quarter

Edward West|Published

MTN Group's latest trading update reveals a remarkable turnaround for its Nigerian subsidiary, with positive retained income and resumed dividend payments. The telecom ...

Naspers and Prosus report strong first half earnings growth

Edward West|Published

Naspers and Prosus report robust earnings growth for the first half of FY26, driven by strong revenue performance and strategic investments.

Astral's CEO discusses growth strategies and avian influenza challenges

Edward West|Published

Astral, the integrated poultry producer, announces a remarkable 112% dividend increase and outlines its strategies for maintaining a robust balance sheet amid market ...

Labat Africa sells cannabis healthcare business to CEO and director

Edward West|Published

Labat Africa's share price surged by 20% after the company announced the sale of its cannabis healthcare sector to its CEO and a director, marking a strategic shift ...

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 ...