Edward West

Multimedia Journalist, Business

Heriot REIT reports record distributable earnings growth of 26. 1%

Edward West|Published

Heriot REIT, a diversified South African property company, achieved a remarkable 26. 1% increase in distributable earnings to R389. 21 million for the year ending ...

Gemfields reports interim loss but is better positioned for a stronger second half

Edward West|Published

Gemfields Group has reported a significant decline in revenue and increased losses for the first half of 2025, driven by production difficulties and market challenges. ...

OLX enters Western European auto classified market with La Centrale acquisition

Edward West|Published

OLX has announced its entry into the Western European auto market with the acquisition of La Centrale for €1. 1 billion, aiming to strengthen its ecommerce presence ...

Business leaders considering a bigger role in dealing with Johannesburg's challenges

Edward West|Published

Business for South Africa (B4SA) is stepping up to assist in revitalising Johannesburg, focusing on key areas such as energy, logistics, and youth employment, as ...

Barloworld reports 10% revenue decline as its takeover goes into implementation phase

Edward West|Published

Barloworld's latest operational update reveals a 10% drop in revenue from heavy equipment and starch sales, alongside a decline in EBITDA. As the company prepares ...

African Bank raises R700 million in social bonds to support SME's in South Africa

Edward West|Published

African Bank has successfully raised R700 million through social bonds as part of its Sustainable Finance Framework, aimed at fostering inclusive growth by financing ...

Remgro declares special dividend amid strong portfolio performance

Edward West|Published

Remgro, led by Johann Rupert, announces a special dividend of 200 cents per share, totalling R3. 09 billion for the year, following strong performances across its ...

Choppies reports 14. 6% revenue growth and declares dividend

Edward West|Published

Choppies, the Botswana-based grocery retailer, reports a 14. 6% increase in revenue and declares a final dividend of 0. 6 thebe per share, despite facing challenges ...

Canal+ gains control of MultiChoice, expanding its reach across Africa

Edward West|Published

Canal+ has acquired control of MultiChoice, enhancing its presence in Africa's pay-TV market and committing to support local content creators.

PPC reports significant financial growth, with EBITDA up over 20%

Edward West|Published

PPC's share price rose 3. 6% following a strong financial performance report, highlighting significant growth in EBITDA and sales volumes across South Africa, Botswana, ...

Renergen announces interim loss and resolves dispute with Springbok Solar

Edward West|Published

Renergen has reported a significant interim loss while resolving a legal dispute with Springbok Solar, paving the way for collaborative operations in the Free State ...

Safari Investments pays a final dividend and plans to develop more retail properties

Edward West|Published

With a total dividend payout of 74 cents per share, Safari Investments outlines plans for future growth in retail property development

Mustek increases dividend by 83. 3% amid fluctuating financial performance

Edward West|Published

Mustek has announced an 83. 3% increase in its dividend to 13. 75 cents, despite facing economic challenges in South Africa. The company’s annual results reveal ...

Investec Group expects flat financial performance amid macroeconomic challenges

Edward West|Published

Investec Group maintains a cautious outlook as it strategises for stability in a volatile market, showcasing resilience through strong cash generation and continued ...

SAB's investment in local farmers boosts South Africa's agricultural sector

Edward West|Published

Dr Sifiso Ngqangweni highlights the importance of collaboration and innovation in South Africa's agricultural sector during the 'Cheers to Farmers' event, showcasing ...

Tongaat Hulett successfully opposes RGS Group Holdings' High Court application

Edward West|Published

Tongaat Hulett's business rescue practitioners have successfully opposed RGS Group Holdings' latest High Court application, reinforcing the company's efforts to ...

Momentum Group reports record earnings amid challenging economic conditions

Edward West|Published

Momentum Group has reported record normalised headline earnings of R6. 26 billion for the year ending June 30, marking a 41% increase from the previous year. CEO ...

Orion Minerals secures watershed financing and offtake agreement with Glencore

Edward West|Published

Orion Minerals has announced a significant financing agreement with Glencore, leading to a 21% surge in its share price. This funding will facilitate the transition ...

Choppies' profit outlook impacted by foreign exchange and operational costs

Edward West|Published

Choppies Enterprises anticipates a significant decline in taxed profit for the year ending June 30, primarily due to the sale of its Zimbabwean business and rising ...

Libstar Holdings share price surges after strong half-year results and takeover discussions

Edward West|Published

Stay informed as Libstar Holdings makes strategic moves to transform its business, bolster its market presence, and potentially attract acquisition interest, all ...

Attacq reports strong growth in distributable income as Waterfall City thrives

Edward West|Published

Discover how Attacq is transforming Waterfall City and driving impressive financial growth, with plans for forward-thinking developments set to reshape Gauteng’s ...

Hyprop raises dividend 9. 9% as it explores further opportunities in Eastern Europe

Edward West|Published

With a bold dividend increase and a commitment to innovation, Hyprop is not just weathering the retail storm; it’s setting the stage for an exciting future. Read ...

Oceana Group forecasts sharp decline in earnings as fish oil prices plummet

Edward West|Published

Oceana Group is poised for a challenging financial year as plummeting fish oil prices weigh heavily on its earnings. Discover how various segments are coping with ...

OUTsurance Group shares surge 8. 4% on record dividend announcement

Edward West|Published

nvestors are rejoicing as OUTsurance Group announces staggering dividend growth, leading to a surge in share prices and a bright outlook for the multinational insurance ...

Greencoat Renewables announces dividend payment amidst operational challenges

Edward West|Published

Discover how Greencoat Renewables is navigating operational challenges in the renewable energy sector while delivering value to shareholders amid changing winds. ...