Edward West

Multimedia Journalist, Business

South Africa's Integrated Energy Resource Plan: A marked shift towards wind power

Edward West|Published

The Integrated Energy Resource Plan outlines a transformative vision for South Africa's energy sector, with significant investments in wind power and a commitment ...

BHP reports strong first quarter performance with increased copper production

Edward West|Published

BHP's first quarter operational review reveals a 4% increase in copper production and significant advancements in its growth pipeline across Australia and the Americas ...

Foschini Group shares drop 19% as earnings forecast declines

Edward West|Published

Foschini Group (TFG) shares fell over 19% on the JSE following a warning of a 20% to 25% drop in headline earnings per share for the first half of the financial ...

Zeder reports 21. 9% decline in net asset value after lower investment valuations

Edward West|Published

Zeder Investments has reported a significant decline in net asset value, yet its share price has increased by 5%. This article explores the company's financial results, ...

Optasia targets over 50% revenue growth as it prepares for JSE listing

Edward West|Published

n a significant moment for financial innovation in South Africa, Optasia’s plans to go public on the JSE signify both a stepping stone for the company and a pivotal ...

Sirius Real Estate to acquire defence business park near Munich for R878 million

Edward West|Published

Sirius Real Estate announces its acquisition of a defence-anchored business park near Munich for €43. 7 million, expanding its portfolio of income-producing assets ...

Spear REIT continues to show robust growth with increased income and portfolio expansions

Edward West|Published

Spear REIT is making strides in the competitive real estate sector, showcasing robust financial growth, strategic property acquisitions, and a strong focus on tenant ...

Supreme Court of Appeal's ruling highlights more flaws in bank foreclosure practices

Edward West|Published

Recent rulings by the Supreme Court of Appeal have exposed questionable foreclosure practices by banks in South Africa, raising concerns over consumer rights and ...

Safari Investments propose to buy out minority shareholders and delist from the JSE

Edward West|Published

Safari Investments RSA has announced a proposal to buy out minority shareholders and delist from the JSE, citing illiquidity and a shift in strategy towards retail ...

Jubilee Metals Group reports solid performance amid the ongoing sale of its chrome and PGM businesses

Edward West|Published

Jubilee Metals Group announces positive developments in its South African operations, including progress on the sale of chrome and PGM businesses, while maintaining ...

PSG Financial Services reports bumper earnings growth amid challenging market conditions

Edward West|Published

PSG Financial Services demonstrates robust earnings growth and resilience in a challenging economic landscape, reporting a 22% increase in recurring headline earnings ...

RFG Holdings shares soar 38% following Premier Group acquisition announcement

Edward West|Published

RFG Holdings' share price surged over 38% following Premier Group's announcement of a share swap acquisition, signalling strong investor confidence and potential ...

DRD Gold reports better liquidity and higher production amid rising gold prices

Edward West|Published

DRD Gold's latest operational update reveals a positive trend in production and revenue, driven by soaring gold prices. The company reports increased liquidity and ...

The state of township entrepreneurship: A R1 trillion opportunity

Edward West|Published

Despite a staggering R1 trillion valuation, nearly 80% of township businesses in South Africa remain unregistered, limiting their access to finance and markets. ...

CEO Zak Callisto outlines Karooooo's strategy for accelerating subscription growth

Edward West|Published

Karooooo's CEO Zak Callisto announces a 20% rise in subscription revenue, highlighting strategic expansions and innovations driving growth in the vehicle logistics ...

Bytes Technology Group's share price drops 10% amid profit decline

Edward West|Published

Bytes Technology Group's share price fell over 10% following a 7% drop in operating profit, despite a dividend increase. The company navigates changes in Microsoft ...

Tharisa reports strong 4th performance with increased PGM and chrome production

Edward West|Published

Tharisa, a dual-listed mining company, showcases a robust fourth quarter performance with significant increases in PGM and chrome production, alongside strategic ...

Boxer Retail reports strong IPO performance with 5. 3% earnings growth

Edward West|Published

Boxer Retail has exceeded IPO expectations with a 5. 3% increase in headline earnings, strong turnover growth, and the opening of 25 new stores, signalling robust ...

ASP Isotopes announces major expansion with new supply agreement and acquisition

Edward West|Published

ASP Isotopes' share price surged after announcing a significant supply agreement for enriched silicon-28 and the acquisition of a radiopharmacy in Florida, marking ...

CANAL+ announces JSE secondary listing following R35 billion MultiChoice acquisition

Edward West|Published

CANAL+ Group has successfully completed its R35 billion acquisition of MultiChoice Group, creating a global media powerhouse serving more than 40 million subscribers ...

Calgro M3 shares fall 7. 7% as profits tumble amidst infrastructure investments

Edward West|Published

High stakes for Calgro M3 as falling share prices and declining earnings force a strategic rethink, leaving investors keenly watching the ongoing development projects ...

Sappi updates investors on financial strategies after Q3 results

Edward West|Published

Sappi's share price increased by 5. 1% following an update on its financial strategies, despite facing significant losses and a challenging market environment.

Mustek's Strategic Shift: Embracing AI and Digital Transformation in South Africa

Edward West|Published

Mustek's CEO outlines a cautious yet optimistic outlook for the company as it navigates procurement delays and invests in AI technology, aiming to bridge South Africa's ...

Newpark REIT lowers interim dividend but raises full-year guidance

Edward West|Published

Newpark REIT announces a 13. 1% reduction in its dividend to 26 cents per share for the six months ending August 31, while simultaneously raising its guidance for ...

Competition Commission approves Differential Capital's acquisition of M&R-owned TCCA

Edward West|Published

The Competition Commission has approved Differential Capital's acquisition of TCCA, a subsidiary of Murray & Roberts Limited, marking a significant step in the business ...