Edward West

Multimedia Journalist, Business

Solid financial results for Coronation Fund Managers as assets under management rise

Edward West|Published

Coronation Fund Managers has announced an 8. 1% increase in its interim dividend, driven by strong performance across its funds, despite facing market volatility ...

Datatec increases final dividend after strong annual financial performance

Edward West|Published

Datatec reports a significant increase in its final dividend to 200 cents, driven by strong financial performance and a new shareholder-friendly dividend policy. ...

Pepkor reports strong trading performance and optimistic outlook for the second half

Edward West|Published

Pepkor Holdings has reported an 18. 9% growth in normalised headline earnings, driven by strong retail performance and fintech growth, as the group remains optimistic ...

Pick n Pay's turnaround strategy: aiming for profitability by 2028

Edward West|Updated

Pick n Pay's turnaround strategy is evolving as the retailer now anticipates reaching breakeven by 2028, a year later than initially projected. CEO Sean Summers ...

Altron's share price rises after the streamlined ICT group posts strong financial results

Edward West|Published

Altron's share price surged over 3% following a remarkable 73% increase in headline earnings per share to 173 cents for the year ending March 31, 2025. The company's ...

Barloworld's interim earnings drop amid ongoing Zahid Group takeover attempt

Edward West|Published

Barloworld's interim results reveal a 20. 5% decline in headline earnings per share, prompting a reduction in dividends. The company faces challenges in its Russian ...

Nampak's turnaround starting to pay off as interim profit soars to R3 billion

Edward West|Published

Nampak’s impressive leap from a staggering R135 million loss to R3 billion profit highlights its strategic turnaround amidst a tough market. Discover how the packaging ...

FSCA clears share price manipulation claims made by Mantengu Mining

Edward West|Published

The Financial Sector Conduct Authority has concluded its investigation into Mantengu Mining, finding no evidence of share price manipulation despite the company's ...

Quantum Foods adapts strategy amid high risk of avian influenze outbreak in South Africa

Edward West|Published

Quantum Foods announces strategic adjustments in response to the heightened risk of avian influenza, as the South African poultry industry navigates challenges in ...

Life Healthcare Group reports 10. 5% rise in interim divided and plans expansion

Edward West|Published

Life Healthcare Group has announced a 10. 5% increase in its interim dividend, alongside ambitious plans for expansion in Southern Africa, including new hospital ...

Pick n Pay predicts significant recovery in headline loss per share

Edward West|Published

Pick n Pay Stores' share price surged nearly 5% after the company announced an expected improvement in headline loss per share for the financial year ending February ...

Spear REIT expands Western Cape portfolio as distributions grow and forecast brightens

Edward West|Published

As Spear Reit charts its path forward, the company is not merely responding to market dynamics but actively shaping them, setting the stage for an exciting future ...

Investec reports strong performance and outlines five-year strategy

Edward West|Published

Investec Group has reported a robust performance for the year ending March 31, with a return on equity of 13. 9%. The CEO outlines a new five-year strategy aimed ...

Strong performance doubles Southern Sun's dividend and occupancy reverts to normal levels

Edward West|Published

Southern Sun has announced a robust financial performance for the year ending March 31, with adjusted headline earnings per share rising by 34% and a doubled dividend, ...

Sanlam and Tyme Bank launch joint venture for personal loans and credit life

Edward West|Published

Sanlam and Tyme Bank have announced a joint venture to offer unsecured personal loans and credit life insurance, leveraging their combined customer bases and expertise ...

RFG Holdings reports strong regional growth and maiden interim dividend

Edward West|Published

RFG Holdings reports a 7. 6% increase in regional revenue and announces a maiden interim dividend of 29. 6 cents per share, despite challenges in the international ...

ASP Isotopes to acquire Renergen in strategic merger for critical materials

Edward West|Published

Renergen's share price soared by 44. 7% after ASP Isotopes announced a buyout offer, creating a merged entity focused on critical materials essential for various ...

Sasol outlines turnaround strategy as shares surge 12% after capital markets presentation

Edward West|Published

Sasol's shares surged by 12% following a capital markets presentation where CEO Simon Baloyi outlined a three-year turnaround strategy aimed at restoring the group's ...

Alexander Forbes Group Holdings anticipates 10-20% increase in headline earnings per share

Edward West|Published

Alexander Forbes Group Holdings projects a significant increase in headline earnings per share for the financial year ending March 31, 2025, driven by strong market ...

WeBuyCars Holdings reports significant growth in sales and expansion plans

Edward West|Published

WeBuyCars Holdings has reported a 26. 4% increase in core headline earnings, driven by enhanced buying and selling capacity, new facilities, and a positive outlook ...

Renergen plans Nasdaq listing and Phase 2 expansion amid share price decline

Edward West|Published

Renergen, the JSE-listed operator of the Virginia gas plant, is targeting a Nasdaq listing and planning a significant expansion of its operations, despite facing ...

Vodacom achieves five-year strategy targets and increases the 2025 dividend by 5. 1%

Edward West|Published

Vodacom Group has met its five-year targets, increasing its full-year dividend by 5. 1% to 620 cents per share, despite serving 9. 2 million fewer customers. CEO ...

Astral Foods CEO discusses the impact of US trade tensions on South Africa's poultry sector

Edward West|Updated

As trade tensions rise, Astral Foods CEO Gary Arnold highlights the potential impacts of US import tariffs on South Africa's poultry industry and the broader economy ...

Collins Property Group's financial performance: A mixed bag amid market challenges

Edward West|Published

"Collins Property Group's share price fell sharply despite a rise in distributable income and stable dividends, reflecting the complex dynamics of the South African ...

Richemont's leadership changes pave the way for future growth

Edward West|Published

Richemont's chairman Johann Rupert highlights the company's strategic growth amid a challenging economic landscape, reporting a slight profit decline but significant ...