Edward West

Multimedia Journalist, Business

Woolworths cuts interim dividend after its clothing businesses struggled in South Africa, Australia

Edward West|Published

Woolworths Holdings has announced a 28% cut to its interim dividend, citing increased macro-economic risks and challenges in its clothing division, despite a strong ...

Curro Holdings faces 6. 9% share price drop amid declining learner numbers

Edward West|Published

Curro Holdings reports a 6. 9% decline in share price due to a decrease in learner enrolment, despite an increase in dividends and revenue

Cashbuild lifts half-year dividend, maintains a cautiously optimistic outlook for 2025

Edward West|Published

Cashbuild's latest financial results reveal a cautious optimism for the building retail sector, despite facing significant challenges and modest sales growth

Aspen Pharmacare's strong interim earnings boosts the share price by 10. 6%

Edward West|Published

Aspen Pharmacare's share price surged by 10. 6% following robust financial results for the first half of the 2025 financial year, driven by strong performances in ...

PPC's share price surges 11% as turnaround benefits start to boost the bottom line

Edward West|Published

Following the implementation of its turnaround strategy, PPC reports a substantial rise in EBITDA and cash flow, despite a slight decline in revenue

Italtile pays out a dividend in spite of slowing turnover growth during the past six months

Edward West|Published

Italtile's CEO Lance Foxcroft reveals a 1% increase in turnover and discusses the company's robust performance amidst a changing economic landscape

RCL Foods anticipates a strong second half amid market challenges and solid first half

Edward West|Published

RCL Foods has reported a 25. 1% increase in EBITDA for the first half of the financial year, driven by strong performance in its Baking and Groceries segments, despite ...

Truworths International lower its interim cash dividend amid modest sales growth

Edward West|Published

Truworths International reports a 4. 5% drop in interim cash dividends despite a modest increase in merchandise sales, highlighting a mixed financial outlook for ...

Government policy failure at the root of ArcelorMittal South Africa's longs business shutdown

Edward West|Published

A new study reveals that the closure of ArcelorMittal South Africa's long steel production could lead to significant job losses and highlights the need for a more ...

Safari Investments RSA reports 13. 3% increase in Distribution per share

Edward West|Published

Safari Investments RSA has announced a 13. 3% increase in its distribution per share, reflecting strong operational performance and confidence in future growth

G20 meeting fails to reach consensus amid increasing global economic uncertainty

Edward West|Published

inance ministers from the world's leading economies failed to reach consensus at the G20 meeting in South Africa, highlighting deepening global divisions on climate ...

Foreign equity investors sitting on the JSE’s sidelines waiting for economy to improve

Edward West|Published

Despite a 40% increase in trading value following the formation of South Africa's Government of National Unity, the JSE continues to face challenges in attracting ...

G20 Finance Ministers discuss revenue mobilisation in Africa amidst South Africa’s budgetary concerns

Edward West|Published

Explore the challenges and opportunities for improving tax revenue in African countries, as discussed at the recent G20 meeting in Cape Town, where global leaders ...

Cyril Ramaphosa wants G20 to address rising African debt, climate change challenges

Edward West|Published

President Cyril Ramaphosa highlights the urgent need for debt sustainability among African nations during the G20 Finance Ministers meeting, addressing the implications ...

Bidcorp reports strong half-year results despite challenges in Mainland China

Edward West|Published

Bidcorp reports a 10% increase in headline earnings per share for the six months to December 31, despite challenges in mainland China and ongoing economic pressures ...

Grindrod identifies R8 billion pipeline in Southern Africa’s logistics sector

Edward West|Published

“The business will be discerning in the corridors it tenders for, evaluating the opportunities against a set of criteria including efficiencies, customer commitments, ...

Curro Holdings to report strong cash flows despite weaker student growth

Edward West|Published

Nevertheless, Curro is in a healthy financial position, and recurring headline earnings per share are expected to increase between 9. 3% and 17. 5% for the year ...

Redefine Properties says its earnings outlook is stable in spite of the shallow global interest rate cycle

Edward West|Published

“To sustain growth in valuations, we cannot rely solely on interest rate movements. Our strategic focus remains on organic income growth, as this will drive value ...

Prosus shares plummet after €4. 1 billion Just Eat Takeaway acquisition

Edward West|Published

Prosus intends to acquire all Just Eat Takeaway. com’s shares for €20. 30 per share cash via the Amsterdam exchange.

Sasol share price up as optimisation and deleveraging continued in H1 2024

Edward West|Published

Sasol's latest financial results reveal a 31% drop in HEPS, yet the company's share price rose by 4. 23%. This article explores the factors influencing Sasol's performance ...

Altron headline earnings likely to rise significantly despite Australian market pressures

Edward West|Published

Altron, the South African technology group, announces a substantial increase in headline earnings per share, driven by strong performance in its Netstar and FinTech ...

Prosus to acquire Just Eat Takeaway. com for €4. 1bn: A new era in food delivery

Edward West|Published

Prosus has reached an agreement to acquire Just Eat Takeaway. com for €4. 1bn, creating the fourth largest food delivery group globally and expanding its footprint ...

South Africa nears exit from FATF Grey List by October 2025

Edward West|Published

South Africa is set to exit the FATF Grey List by October 2025, having addressed most deficiencies in its financial security systems, according to National Treasury ...

Dis-Chem says February retail growth continued

Edward West|Published

Group revenue increased by 7. 2% during the period, with retail revenue rising by 5. 6% and wholesale revenue increasing by 11. 1%. External wholesale revenue saw ...

Dis-Chem says February retail growth continued

Edward West|Published

Dis-Chem Pharmacies has reported a 7. 2% increase in group revenue for the five months ending January 31, 2025, driven by a recovery in retail sales and strategic ...