Edward West

Multimedia Journalist, Business

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. ...

Southern Sun reports mixed trading results as occupancy rates improve in South Africa

Edward West|Published

n a tale of recovery against the odds, Southern Sun navigates the ups and downs of the hospitality sector, revealing both successes and challenges. With promising ...

Accelerate Property Fund to further enhance Fourways Mall shopping experience

Edward West|Published

Accelerate Property Fund, in collaboration with Flanagan & Gerhard and the Moolman Group, is set to invest R160. 7 million in enhancing the shopping experience at ...

Gemfields Group's share price rises after successful emerald auction

Edward West|Published

Gemfields Group's share price increased by 0. 5% following a successful emerald auction, which generated $32 million in revenue and marked the reopening of its Kagem ...

Caxton & CTP reports strong financial results amid challenging conditions

Edward West|Published

Caxton & CTP Publishers & Printers reports a 16% increase in annual dividends and a 12% rise in normalised headline earnings per share, despite facing a challenging ...

FirstRand reports 10% rise in headline earnings despite UK motor commission provisions

Edward West|Published

Firstrand has reported a 10% increase in headline earnings per share to 748. 8 cents for the year ending June 30, despite facing significant legal provisions related ...

Lesaka Technologies' loss starts to improve significantly despite a year of big acquisitions

Edward West|Published

Lesaka Technologies reports a remarkable 386% improvement in net loss for the 2025 financial year, driven by strategic acquisitions and robust revenue growth across ...

Discovery reports 30% increase in normalised headline earnings after strong growth locally and overseas

Edward West|Published

Discovery has reported a remarkable 30% increase in normalised headline earnings, reaching R9. 78 billion, alongside a 32% rise in dividends, showcasing strong growth ...

Growthpoint's strategic portfolio adjustments lead to improved financial performance

Edward West|Published

Growthpoint Properties has reported a remarkable turnaround in its financial performance, exceeding expectations with a 3. 1% increase in distributable income per ...

Old Mutual Group reports strong earnings and unveils more on OM Bank strategy

Edward West|Published

OM Bank, set to open in 2025, aims to leverage Old Mutual's extensive banking capabilities, with plans for significant capital allocation and a focus on expanding ...

Metair’s turnaround: Operating profit surges as vehicle production increases

Edward West|Published

Metair's latest financial report reveals a significant turnaround, with a 27% increase in operating profit and strategic initiatives driving growth in the automotive ...

WBHO announces a 39% higher dividend as financial performance strengthens

Edward West|Published

Wilson Bayly Holmes-Ovcon (WBHO) has reported a strong financial performance for the year ending June 30, 2025, with improved margins, increased revenue, and a significant ...

Super Group pays out a big special dividend following disposal of SG Group in Australia

Edward West|Published

Super Group's recent financial results reveal a significant special dividend of R16. 20, driven by the sale of SG Fleet and strategic divestments, despite a decrease ...

SPAR Group sells Swiss operations to Tannenwald Holding for over R1bn

Edward West|Published

SPAR Group has agreed to sell its shareholding in SPAR Switzerland to Tannenwald Holding for CHF46. 5 million, marking a significant step in optimising its European ...

Clientèle's share price surges 10% following record earnings report

Edward West|Published

Clientèle Insurance Group's share price soared over 10% after reporting a 100% increase in headline earnings, driven by strong performance and strategic acquisitions, ...

Sun International reports solid half-year casino and hospitality sector results

Edward West|Published

Sun International's latest interim results reveal a 5. 9% increase in adjusted headline earnings, driven by a robust performance in its gaming and leisure sectors, ...

Altvest Capital to rebrand as Africa Bitcoin Corporation, the continent's first Bitcoin Treasury company

Edward West|Published

The company announces a name change and plans to raise capital for Bitcoin acquisition, aiming to enhance shareholder value.

Copper 360 proposes R1. 15bn rights issue to restructure debt and boost growth

Edward West|Updated

Copper 360 announces a R1. 15 billion rights issue and debt restructuring plan aimed at enhancing profitability and transitioning into a copper-producing junior ...

Bell Equipment navigates market uncertainty with strong cash flow and cautious outlook

Edward West|Published

Bell Equipment has reported a remarkable 330% increase in net cash inflow, despite facing challenges in key markets and a decline in revenue. The company remains ...

African Rainbow Minerals reports 47% drop in headline earnings for 2025, share price falls

Edward West|Published

African Rainbow Minerals faces a significant drop in headline earnings for the 2025 financial year, leading to a 7. 3% decline in share price and reduced dividends. ...

Sanlam's businesses perform well in the first half and return on equity value is strong

Edward West|Published

Sanlam has reported an impressive annualised return on group equity value of 18. 2% for the year ending June 30, 2023, showcasing strong growth despite challenging ...

Pan African Resources forecasts significant earnings growth driven by rising gold prices

Edward West|Published

Pan African Resources anticipates a substantial increase in earnings per share for the year ending June 30, driven by higher gold prices and increased sales, despite ...

Trellidor's financial results: A dividend and further growth strategy

Edward West|Published

Trellidor Holdings has announced a 12 cents per share dividend following successful cash generation and debt reduction, marking the completion of the first phase ...