Edward West

Multimedia Journalist, Business

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 ...

Aspen's Commercial Pharmaceuticals sees promising growth amid restructuring efforts

Edward West|Published

Aspen Pharmacare is navigating a complex landscape, balancing growth opportunities with challenges in manufacturing and foreign exchange. As the company meticulously ...

Woolworths: Resilience in food sales despite declining group earnings

Edward West|Published

Woolworths' Food division has shown remarkable resilience, achieving an 11% growth in turnover despite a decline in overall group earnings. This article explores ...

Discovery Group reports strong annual earnings growth, share rise over 6%

Edward West|Published

Discovery Group's share price surged by 6. 09% following a robust trading statement, highlighting significant earnings growth across its business units for the financial ...

Cashbuild's financial performance: Navigating market challenges and growth strategies

Edward West|Published

Cashbuild, a leading retailer of building materials in southern Africa, reports a 3% revenue increase amid challenging market conditions, highlighting strategic ...

Shoprite's annual revenue exceeds R250 billion, creating thousands of jobs

Edward West|Published

Shoprite Holdings has achieved a milestone with annual sales surpassing R250 billion and the creation of over 8,700 jobs, as the grocery giant continues to innovate ...