Edward West

Multimedia Journalist, Business

Dis-Chem's share price falls over 8 percent following disappointing earnings, dividend cut

Edward West|Published

Dis-Chem Pharmacies sees a notable drop in share price following disappointing earnings results and a sharp reduction in dividends. Discover the details behind their ...

SPAR shares plummet as interim earnings forecast declines by up to 60 percent

Edward West|Updated

SPAR Group has announced a significant decline in headline earnings, warning of a drop between 50% and 60% for the six months ending March 27. The company cites ...

Sirius Real Estate acquires defence business park in Germany for R980 million

Edward West|Published

In a bold move that underscores its commitment to the industrial sector, Sirius Real Estate has acquired a defence-focused business park in Fulda for €49.8 million, ...

Emira's strategic investments and growth plans after 3.7 percent rise in distributable income

Edward West|Published

Emira Property Fund has reported a 3.7% increase in distributable income for the year ending March 31, alongside strategic investments in Octodec and SA Corporate ...

Lewis Group reports strong credit sales growth and more than 50 new store openings

Edward West|Published

Lewis Group has reported a remarkable increase in credit sales and store openings, with a strong financial performance reflected in its latest results

4Sight Holdings reports good growth on the back of AI integration

Edward West|Published

In an era where AI becomes indispensable, 4Sight Holdings positions itself at the forefront of digital transformation, promising not only significant returns for ...

Brikor proposes share buyback scheme ahead of delisting

Edward West|Published

Brikor, a Gauteng-based manufacturer, announces plans for a share buyback and delisting after reporting a significant revenue decline.

Johann Rupert's Reinet sees significant portfolio de-risking despite NAV decline

Edward West|Published

Reinet Investment Manager, chaired by Johann Rupert, reports a 4.5% decline in net asset value for the year ending March 31, 2026, while highlighting significant ...

Afine Investments boosts dividends and earnings despite inflationary pressures

Edward West|Published

Afine Investments has reported a 13.39% increase in headline earnings per share and a significant rise in dividends, showcasing resilience amidst inflation and geopolitical ...

MAS sells Romanian and Bulgarian assets for about R7 billion

Edward West|Updated

MAS has successfully sold assets in Romania and Bulgaria for a total of €369.4 million, marking a significant shift in its strategic focus and shareholder structure. ...

Tsogo Sun reports 7 percent increase in earnings, turns around online betting business

Edward West|Published

Tsogo Sun has reported a 7% increase in earnings for the year ending March 31, driven by a turnaround in its online betting business and consistent performance from ...

Coronation Fund Managers concerned by rising fuel prices and slow economic recovery

Edward West|Published

Coronation Fund Managers voice concerns over the impact of rising fuel prices on South African households and the economy, while highlighting recent positive developments ...

Datatec reports strong financial performance for 2026, driven by AI and strategic growth

Edward West|Published

Datatec celebrates one of its strongest financial years, with significant profit growth and strategic advancements in AI-driven services, despite ongoing supply ...

Pepkor secures regulatory approval to launch a new bank in South Africa

Edward West|Published

Pepkor has received regulatory approval to establish a new bank in South Africa, bolstered by impressive financial results and strategic acquisitions in the financial ...

Pick n Pay's financial turnaround taking shape, but slower than anticipated

Edward West|Published

Pick n Pay's CEO Sean Summers outlines the grocery chain's ongoing recovery plan, highlighting operational improvements, challenges in the retail sector, and the ...

Altron's share price surges 15 percent after special dividend, successful strategic overhaul

Edward West|Published

Altron's recent financial results reveal a remarkable turnaround, with a 15% surge in share price and a R500 million special dividend following a strategic overhaul ...

Omnia Holdings anticipates strong earnings growth for 2026

Edward West|Published

Omnia Holdings forecasts a significant increase in headline earnings per share for the year ending March 31, 2026, driven by strategic execution and growth potential ...

PPC shares rise as earnings forecast shows strong growth for a second year

Edward West|Published

PPC's share price increased by 2.43% following a trading statement revealing a projected rise in headline earnings per share for the year ending March 31, 2026

Netcare accelerates sustainability strategy with ambitious renewable energy targets

Edward West|Published

Netcare, which operates private healthcare facilities in South Africa, aims to achieve net zero Scope 2 emissions by 2030 as part of the second phase of its environmental ...

Woolworths exclusivity agreements under scrutiny as DA calls for Competition Act reform

Edward West|Updated

The Democratic Alliance is advocating for changes to the Competition Act to address anti-competitive exclusivity agreements that harm small suppliers, following ...

Tata Motors unveils its largest ever vehicle lineup for sub-Saharan Africa markets

Edward West|Published

Tata Motors has launched its most extensive lineup of electric vehicles in Cape Town, featuring 11 models, including four electric options. This move highlights ...

Reunert reports little activity from South Africa's claimed infrastructure investment

Edward West|Published

Reunert's latest financial results reveal a significant decline in operating profit, attributed to low infrastructure investment in South Africa, amidst geopolitical ...

AUDA-NEPAD and Mashatile call for swifter action on African economic integration

Edward West|Published

Delegates at the AUDA-NEPAD 25th anniversary in Cape Town emphasise the urgent need for economic integration in Africa, highlighting challenges such as trade barriers, ...

Vukile Property Fund raises R2.8bn for Italian expansion

Edward West|Published

Vukile Property Fund has successfully raised R2.8 billion from the market through an accelerated bookbuild to help fund its initial entry into the Italian commercial ...

Averi Finance, Mantengu explore reverse merger for pan-African investment platform

Edward West|Published

Averi Finance and Mantengu are in early discussions for a reverse merger that could create a powerful pan-African investment platform focused on energy, infrastructure, ...