Edward West

Multimedia Journalist, Business

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 ...

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 ...