Edward West

Multimedia Journalist, Business

Tharisa plans $547 million investment in underground mining expansion

Edward West|Published

Tharisa announces a $547 million investment in its underground mining expansion, aiming for sustainable operations and enhanced efficiency over the next 50 years. ...

Africa Bitcoin Corporation reports 108% increase in net asset value

Edward West|Published

Africa Bitcoin Corporation's net asset value per share has surged by 108%, reflecting strong market performance and strategic initiatives aimed at expanding bitcoin ...

Trustco Group Holdings faces R5 million fine from the JSE for unauthorised share disposal

Edward West|Published

Trustco Group Holdings has been fined R5 million by the JSE for selling its stake in Meya Mining without shareholder approval, raising concerns among investors as ...

Prosus successfully completes tender offer for Just Eat Takeaway. com, boosting share price

Edward West|Published

Prosus has successfully completed its tender offer for Just Eat Takeaway. com, with overwhelming support from shareholders, marking a significant milestone in its ...

Sibanye-Stillwater announces leadership changes with Richard Stewart as CEO

Edward West|Published

Sibanye-Stillwater has appointed Richard Stewart as CEO, succeeding Neal Froneman, who retired after a transformative 12-year tenure. The company also welcomes Mduduzi ...

Orion Minerals shares drop 17. 4% as capital raise continues

Edward West|Published

Orion Minerals faces a significant share price drop of 17. 4% following its latest financial results, revealing ongoing challenges in its transition to a clean energy-focused ...

Capitec Bank's client base grows to 25 million, driven by more innovative financial solutions

Edward West|Published

Capitec Bank Holdings has reported remarkable growth in the first half of the year, with an 8% increase in its client base and a 26% rise in headline earnings. CEO ...

SA facing oil and gas investment challenges amid a surge in global Africa investment

Edward West|Published

At the African Energy Week conference in Cape Town, industry leaders discuss the urgent need for South Africa to reform its oil and gas regulatory framework, as ...

More than 99% of AYO Technology Solutions shareholders vote in favour of delisting

Edward West|Published

AYO Technology Solutions has received overwhelming support from shareholders for its delisting resolution, aiming to enhance the company's intrinsic value amidst ...

Cilo Cybin transitions to JSE's Main Board, General Segment, unlocking growth potential

Edward West|Published

Cilo Cybin, a cannabis SPAC, successfully transitions to the JSE Main Board, paving the way for enhanced growth opportunities and increased investor confidence in ...

Boxer Retail's share price rises 5% following strong trading performance

Edward West|Published

Boxer Retail's share price surged 5% on the JSE after reporting robust trading results for the last two months of its financial period, indicating a positive trend ...

Vukile Property Fund reports strong growth and optimistic outlook for 2026

Edward West|Published

Vukile Property Fund showcases impressive trading metrics for the five months ending August 31, with expectations of at least 8% growth in funds from operations ...

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 ...