Edward West

Multimedia Journalist, Business

How EasyRetire is transforming Purple Group's financial landscape

Edward West|Published

Purple Group's share price surged over 7% following impressive results from its EasyRetire unit, which saw client assets soar by 97%. CEO Charles Savage highlights ...

SA agriculture and mining sectors face fast rising costs due to Middle East crisis

Edward West|Published

South Africa's agriculture and mining sectors are bracing for significant cost increases in fertiliser and explosives due to rising global prices linked to the Middle ...

MTN Group increases executive share awards as it struggles to exit Middle Eastern markets

Edward West|Published

MTN Group's President and CEO Ralph Mupita has received a substantial share award as the company continues its efforts to exit Middle Eastern markets, including ...

Isambane Mining's management buy-out: A transformative step towards black ownership

Edward West|Published

Isambane Mining has successfully completed a management buy-out, supported by Kholo Capital and Tensai Private Equity, marking a significant milestone in enhancing ...

Old Mutual prioritises shareholder distributions while navigating a complex global landscape

Edward West|Published

Old Mutual's CEO Jurie Strydom discusses the company's strategic priorities, including shareholder distributions, capital allocation, and growth opportunities in ...

DHL Supply Chain to invest R220 million in new Johannesburg distribution centre

Edward West|Published

DHL Supply Chain announces a R220 million investment in a new distribution centre in Johannesburg, aimed at enhancing logistics capacity and supporting customer ...

Eskom redeems R38bn ES26 bond in major step toward financial independence

Edward West|Published

Eskom's redemption of its ES26 bond signifies a pivotal moment in its financial recovery, showcasing improved governance and a commitment to a stable energy future ...

Retail renaissance: Hammerson's strategy for growth in 2026

Edward West|Published

Hammerson's newly appointed CEO, Rob Wilkinson, discusses the potential for capital raising to fund acquisitions and the group's strategic expansion in the UK and ...

South Oceans' 86 percent slide in profit attributed to rising " dumped" price imports

Edward West|Published

South Ocean Holdings faces significant challenges as it reports an 86% drop in operating profit, leading to a decline in share price and no dividends declared.

Hulamin warns of losses due to maintenance shuts at the mill

Edward West|Published

Hulamin's share price plummets over 11% after the company warns of significant losses due to operational difficulties and a recent plant shutdown, with expected ...

Foschini's share price gains 2.2 percent after signs that sales are recovering

Edward West|Published

Foschini Group's share price rose by 2.23% following a report of improved sales in its key markets, despite facing a challenging trading environment. The group's ...

Afrimat Construction Index shows growth in South Africa's construction sector

Edward West|Published

The Afrimat Construction Index indicates a positive trend in South Africa's construction sector, with notable increases in building materials production and sales ...

Momentum becomes second-largest medical aid administrator as earnings rise

Edward West|Published

Momentum Group is poised to become South Africa's second-largest medical aid administrator after securing a significant tender from Bonitas Medical Fund, a move ...

Exxaro Resources increases final dividend by 15% in a low coal price environment

Edward West|Published

Exxaro Resources reports a 15% increase in final dividend and a resilient performance despite challenges in the coal market, highlighting strategic expansions and ...

iOCO reports strong 46% profit increase amid turnaround strategy

Edward West|Published

iOCO has achieved a 46% increase in taxed profit to R180 million in the first half of the financial year, alongside a strategic acquisition of the MySky Group, signalling ...

Hisense South Africa reaffirms commitment to local manufacturing at Buy Local Summit

Edward West|Published

Hisense South Africa has committed to local production and manufacturing, as highlighted at the 14th Buy Local Summit & Expo, showcasing their investment in the ...

Vukile makes another aquisition: 50% of Barcelona's Splau Shopping Centre

Edward West|Published

Vukile Property Fund announces the acquisition of a 50% stake in the Splau Shopping Centre in Barcelona for €175 million, marking a significant step in its strategy ...

PPC reports significant financial improvements as turnaround strategy progresses

Edward West|Published

PPC's latest financial results reveal a successful turnaround strategy, with significant improvements in cash flow and earnings, particularly in Zimbabwe, while ...

Brandon Craig to succeed Mike Henry as BHP CEO

Edward West|Published

BHP Group has announced that Brandon Craig will take over as CEO from Mike Henry on July 1, 2026, following a successful tenure focused on shareholder value and ...

Libstar Holdings reports significant growth and enhanced dividend policy

Edward West|Published

Libstar Holdings announces impressive financial results for the year ending December 31, with an 86% increase in dividends and a commitment to enhancing stakeholder ...

STADIO shares rise 5% after reporting 22% earnings growth and strong student numbers

Edward West|Published

STADIO Holdings CEO Chris Vorster said in an interview they were excited to see such good growth in a weak economy, and with consumer disposable incomes under pressure. ...

Mr Price defends acquisition of Europe-based NKD amid investor concerns

Edward West|Published

Mr Price defends its R9.24 billion acquisition of European retailer NKD, addressing investor concerns about the deal's price and potential risks while highlighting ...

Old Mutual appoints Roger Jardine as chairman designate as group sets forth on strategy reset

Edward West|Published

Old Mutual announces the appointment of Roger Jardine as chairman designate, succeeding Trevor Manuel, who retires after the upcoming annual general meeting. This ...

Sasfin Holdings completes transformation into investment-holding company

Edward West|Published

Sasfin Holdings has completed its transformation into an investment-holding company, focusing on asset finance and wealth management. CEO Michael Sassoon discusses ...

Mozal Aluminium mothballed due to soaring electricity costs, thousands of jobs affected

Edward West|Published

Mozal Aluminium, a major industrial player in Mozambique, has ceased operations due to high electricity costs, affecting thousands of jobs and the local economy. ...