Edward West

Multimedia Journalist, Business

Fixed investment: A path to recovery through public-private partnerships

Edward West|Published

Economists discuss the challenges and potential solutions for increasing South Africa's Gross Fixed Capital Formation, highlighting the importance of public-private ...

Competition Commission blocks Transpaco's R128 million acquisition of Premier Plastics

Edward West|Published

Transpaco’s planned R128 million acquisition of Premier Plastics has been blocked by the Competition Commission, citing concerns over reduced competition in the ...

Aveng terminates Moolmans disposal talks amid Tshipi contract disputes

Edward West|Published

Aveng's Moolmans faces significant challenges as contract disputes on the Tshipi manganese mining project lead to the termination of disposal negotiations. CFO Adrian ...

Despite basic service delivery woes in Joburg, real estate company shines

Edward West|Published

Discover Octodec's operational performance and market insights in this pre-close update for the six-month period ending February 2026, highlighting trends in occupancy, ...

Amid turmoil Spar Group announces divestment of UK operation and leadership changes

Edward West|Published

Spar Group announces another divestment as it grapples with legal issues and leadership shake-up. As Spar Group delineates its path forward, stakeholders will be ...

Sasol's decarbonisation strategy progresses despite a drop in earnings

Edward West|Published

asol has made strides in its 2030 decarbonisation strategy with the commissioning of a destoning plant at its coal mining operations, despite reporting a significant ...

AngloGold announces record shareholder payouts amid soaring gold prices

Edward West|Published

AngloGold Ashanti has reported its highest-ever dividend payout for 2025, driven by a record free cash flow of $2.9 billion and a significant rise in gold prices, ...

Virgin Active launches innovative social wellness club in Cape Town

Edward West|Published

Virgin Active South Africa unveils its first Collection Country Club in Green Point, Cape Town, introducing a revolutionary concept of social wellness that integrates ...

Sibanye-Stillwater's earnings rise sharply in 2025, resumes dividend payout

Edward West|Published

ibanye-Stillwater's financial results for 2025 show a remarkable 281% increase in headline earnings per share, despite a 14% decline in gold sales. The company navigated ...

Dis-Chem Pharmacies reports market share growth driven by new loyalty programme

Edward West|Published

Dis-Chem Pharmacies has reported impressive market share growth, significantly outpacing its competitors, thanks to the successful launch of its Better Rewards loyalty ...

Mondi cuts dividend as paper prices fall, CEO remains optimistic

Edward West|Published

Mondi CEO Andrew King remains confident in the company's ability to navigate industry headwinds despite falling paper prices, as the sustainable packaging group ...

Kumba Iron Ore reports 2% revenue growth in spite of rail challenges

Edward West|Published

Kumba Iron Ore reported a 2% increase in revenue to R70.08 billion for the year ending December 2025, driven by higher iron ore prices and improved rail operations. ...

Gold Fields declares bumper dividends after strong 2025 performance

Edward West|Published

Gold Fields has announced a 164% higher final dividend of R18.50 per share and a special dividend of R4.50 per share, following strong operational performance and ...

South Africa's gold industry faces sodium cyanide shortage - DRDGold

Edward West|Published

Amid soaring gold prices, South Africa's gold industry grapples with a critical sodium cyanide shortage, impacting production and prompting strategic responses from ...

Pan African Resources’ share price rises as profits soar by over 200%

Edward West|Published

Pan African Resources has reported a remarkable profit increase of over 200%, driven by a significant rise in gold production. The company's share price reflects ...

MTN Group's R35 billion offer accepted by IHS Towers board

Edward West|Published

MTN Group has made a significant move to acquire IHS Towers for R35 billion, aiming to strengthen its position in Africa's digital infrastructure market. The deal, ...

Insufficient power tariffs threaten 3,000 jobs at Glencore-Merafe Chrome Smelter

Edward West|Published

Despite Nersa approving an interim electricity tariff for ferrochrome smelters, Merafe directors warn it's insufficient for long-term viability, leaving 3000 jobs ...

Grindrod projects earnings surge of over 100% for 2025 boosted by strategic deals

Edward West|Published

With a predicted earnings leap for 2025, Grindrod Limited is showing resilience and strategic foresight in a challenging market. Read more to understand the factors ...

BHP reports record copper production which now contributes 51% of earnings

Edward West|Published

BHP reports that copper now contributes over 50% of core earnings as production increases by 30% over four years. The mining giant has raised its copper production ...

BHP partners with Wheaton for $4.3 billion silver streaming agreement

Edward West|Published

With BHP unlocking a record $4.3 billion from its silver resources, this groundbreaking streaming agreement with Wheaton Precious Metals underscores a strategic ...

Afrimat reports robust operational progress and talks with ArcellorMittal SA to save steel plant

Edward West|Published

Afrimat reports good operational progress and the strategic maneuvers employed to mitigate economic challenges as it prepares to close the financial year. The insights ...

Tongaat Hulett faces liquidation after Vision and and BRPs clashed over business rescue plan

Edward West|Published

Business rescue practitioners have filed for the provisional liquidation of Tongaat Hulett, citing Vision Group's 'inability or unwillingness' to secure funding ...

AECI forecasts over 20% increase in earnings for 2025 amidst operational challenges

Edward West|Published

AECI, a key player in the mining and chemicals sector, is on track to release its financial results for the year ending 31 December 2025, with considerable optimism ...

Telkom reports 8.4% growth, riding on mobile services and data growth

Edward West|Published

Telkom reports 8.4% growth, riding on mobile services and data growth. In an era where connectivity is more crucial than ever, Telkom is setting benchmarks with ...

British American Tobacco's strategy: Building a 'smokeless world' while cigarette sales fall

Edward West|Published

British American Tobacco reported a strategic shift towards reduced-risk products, with smokeless consumer numbers growing 16% to 34.1 million in 2023 while cigarette ...