Edward West

Multimedia Journalist, Business

Grindrod's strategic acquisition bolsters presence amid challenging trading conditions

Edward West|Published

Grindrod’s strategic acquisition at Maputo port marks a decisive moment in its vision to enhance logistics and exports across Africa, despite facing a myriad of ...

MTN's ethical dilemma: human rights violations amid internet shutdowns

Edward West|Published

MTN, a leading telecommunications provider in Africa, faces allegations of complicity in human rights violations due to government-mandated internet shutdowns. This ...

Tongaat Hulett's business rescue: New investors secure credit approval

Edward West|Published

Tongaat Hulett's business rescue reaches a crucial milestone as new investors secure credit approval, paving the way for the completion of their acquisition and ...

iOCO plans debt reduction and potential acquisitions after profitable turnaround

Edward West|Published

iOCO's co-CEO Thys Summerton reveals plans for debt reduction and potential acquisitions after reporting six months of profitability, highlighting a strategic reset ...

Umngeni-Uthukela Water reports sharp drop in profit due to municipalities' unpaid bills

Edward West|Published

In a surprising turn of events, Umngeni-Uthukela Water saw profits plummet due to municipalities’ unpaid water bills. Explore the latest financial impacts and management ...

Mondi completes €634 million acquisition of Schumacher Packaging assets

Edward West|Published

Mondi has successfully acquired the Western Europe packaging assets of Schumacher Packaging for €634 million, enhancing its capabilities and expanding its market ...

Renergen announces successful helium exports and increased LNG production

Edward West|Published

Renergen reports a 22% increase in LNG production and the successful export of its first helium shipment, while navigating legal challenges and preparing for a Nasdaq ...

Jubilee Metals Group faces challenges as chrome prices drop and earnings decline

Edward West|Published

Jubilee Metals Group reports a 51% revenue increase to $141. 5 million for the first half of the 2025 financial year, but faces a 6. 8% decline in earnings due to ...

Vukile Property Fund forecasts 6% dividend uplift amid strong growth

Edward West|Published

Vukile Property Fund announces a forecasted 6% dividend uplift following strong growth, driven by strategic acquisitions in Spain and Portugal, while maintaining ...

AECI announces sale of Improchem public water business to black-owned consortium

Edward West|Published

AECI has announced the planned sale of its Improchem Public Water Business to a South African majority black-owned consortium, marking a significant step in its ...

Earnings soar for York Timber Holding as revenue and production increase

Edward West|Published

York Timber Holding has reported a remarkable increase in headline earnings per share, driven by a successful turnaround plan and improved operational efficiencies ...

Standard Bank executives' remuneration increases and decreases: A detailed report

Edward West|Published

Discover how the remuneration of Standard Bank's top executives has changed in 2024, with insights into performance metrics and the impact of shareholder feedback ...

Rex Trueform reports decline in earnings and revenue amid economic challenges

Edward West|Published

Rex Trueform's interim results reveal a 3% drop in earnings per share and a decline in revenue, highlighting the challenges faced by the retail sector in a constrained ...

Netcare reports modest growth in patient days amid holiday timing challenges

Edward West|Published

Netcare's trading update reveals a modest 1. 1% increase in paid patient days for the first half of 2025, influenced by holiday timings, while revenue growth is ...

Gerrie Fourie retires as CEO of Capitec Bank; Graham Lee appointed successor

Edward West|Updated

Gerrie Fourie, the founding CEO of Capitec Bank, will retire on July 18, 2025, after 25 years of leadership. Graham Lee, who has been with the bank since 2003, will ...

CA Sales Holdings announces 24. 9% dividend increase amid strong growth

Edward West|Published

CA Sales Holdings has reported a 24. 9% increase in its final dividend, driven by robust revenue growth from acquisitions and expansion into new markets, despite ...

PPC share price surges 9. 5% after board green lights R3bn cement plant in Western Cape

Edward West|Updated

PPC's share price surged by 5. 84% following the announcement of a R3 billion cement plant in the Western Cape, alongside a significant solar power project aimed ...

Ascendis Health reports 11. 7% increase in net asset value per share

Edward West|Updated

Ascendis Health has reported an 11. 7% increase in tangible net asset value per share, driven by strong performance in its medical portfolio and strategic acquisitions. ...

Sirius Real Estate acquires Mönchengladbach business park in Germany for R337. 5 million

Edward West|Published

vSirius Real Estate has continued its property asset acquisition trail after buying a business park in Mönchengladbach for €17. 2 million while selling its BizSpace ...

Labat Africa pivots further into technology with R2. 5bn royalty agreement

Edward West|Published

Labat Africa Group has announced a landmark R2. 5 billion royalty distribution agreement with Ubits Technology Solutions, marking a significant shift from cannabis ...

MTN Group and Airtel Africa forge network sharing agreements in Uganda and Nigeria

Edward West|Published

MTN Group and Airtel Africa have announced network sharing agreements in Uganda and Nigeria, aiming to enhance digital and financial inclusion across Africa. This ...

Pepkor to acquire Retailability stores in strategic expansion of adultwear market

Edward West|Published

Pepkor is set to acquire hundreds of stores from Retailability, including brands like Legit and Swagga, as part of its strategy to expand its market share in the ...

Barloworld's strong performance in Mongolia offsets challenges in Southern Africa

Edward West|Published

Barloworld's shareholders recently rejected a takeover bid by Zahid Group, while the company's performance in Mongolia remains robust, counterbalancing declines ...

Remgro increases asset value per share by 10. 3%, more shareholder value to be unlocked

Edward West|Published

Remgro has reported a 10. 3% increase in intrinsic net asset value per share for the six months ending December 31, alongside a 20% rise in interim dividends. Despite ...

Raubex Group predicts solid earnings growth amid new contracts including Parliament repair

Edward West|Published

Raubex Group's share price rose over 8% on the JSE following a positive earnings forecast, with significant new contracts, including a R1. 98 billion project to ...