Edward West

Multimedia Journalist, Business

The state of township entrepreneurship: A R1 trillion opportunity

Edward West|Published

Despite a staggering R1 trillion valuation, nearly 80% of township businesses in South Africa remain unregistered, limiting their access to finance and markets. ...

CEO Zak Callisto outlines Karooooo's strategy for accelerating subscription growth

Edward West|Published

Karooooo's CEO Zak Callisto announces a 20% rise in subscription revenue, highlighting strategic expansions and innovations driving growth in the vehicle logistics ...

Bytes Technology Group's share price drops 10% amid profit decline

Edward West|Published

Bytes Technology Group's share price fell over 10% following a 7% drop in operating profit, despite a dividend increase. The company navigates changes in Microsoft ...

Tharisa reports strong 4th performance with increased PGM and chrome production

Edward West|Published

Tharisa, a dual-listed mining company, showcases a robust fourth quarter performance with significant increases in PGM and chrome production, alongside strategic ...

Boxer Retail reports strong IPO performance with 5. 3% earnings growth

Edward West|Published

Boxer Retail has exceeded IPO expectations with a 5. 3% increase in headline earnings, strong turnover growth, and the opening of 25 new stores, signalling robust ...

ASP Isotopes announces major expansion with new supply agreement and acquisition

Edward West|Published

ASP Isotopes' share price surged after announcing a significant supply agreement for enriched silicon-28 and the acquisition of a radiopharmacy in Florida, marking ...

CANAL+ announces JSE secondary listing following R35 billion MultiChoice acquisition

Edward West|Published

CANAL+ Group has successfully completed its R35 billion acquisition of MultiChoice Group, creating a global media powerhouse serving more than 40 million subscribers ...

Calgro M3 shares fall 7. 7% as profits tumble amidst infrastructure investments

Edward West|Published

High stakes for Calgro M3 as falling share prices and declining earnings force a strategic rethink, leaving investors keenly watching the ongoing development projects ...

Sappi updates investors on financial strategies after Q3 results

Edward West|Published

Sappi's share price increased by 5. 1% following an update on its financial strategies, despite facing significant losses and a challenging market environment.

Mustek's Strategic Shift: Embracing AI and Digital Transformation in South Africa

Edward West|Published

Mustek's CEO outlines a cautious yet optimistic outlook for the company as it navigates procurement delays and invests in AI technology, aiming to bridge South Africa's ...

Newpark REIT lowers interim dividend but raises full-year guidance

Edward West|Published

Newpark REIT announces a 13. 1% reduction in its dividend to 26 cents per share for the six months ending August 31, while simultaneously raising its guidance for ...

Competition Commission approves Differential Capital's acquisition of M&R-owned TCCA

Edward West|Published

The Competition Commission has approved Differential Capital's acquisition of TCCA, a subsidiary of Murray & Roberts Limited, marking a significant step in the business ...

Equites Property Fund embarks on UK asset disposal to reinvest in SA logistics sector

Edward West|Published

As Equites Property Fund takes decisive steps to reposition its asset base, the focus on sustainable growth within South Africa's logistics sector reflects a keen ...

Anglo American and Teck merger terms unchanged in spite of production revisions

Edward West|Published

Anglo American maintains its merger terms with Teck Resources despite recent production guidance cuts from Teck, highlighting the strategic importance of copper ...

Alphamin Resources boosts tin production by 26% as it raises annual guidance

Edward West|Published

n a significant stride towards greater tin production, Alphamin Resources’ latest operational update sheds light on the company's resilience and optimistic future ...

Optasia gears up for JSE listing and R6. 3 billion capital raise for further expansion

Edward West|Published

Optasia sets the stage for its JSE listing with a groundbreaking R6. 3 billion capital raise, aiming to transform financial accessibility across 38 countries. Explore ...

Trustco Group to appeal JSE censure and fine amid regulatory standoff

Edward West|Published

In a move that blurs the line between compliance and obstruction, Trustco Group Holdings is primed to challenge a hefty fine from JSE, citing serious flaws in the ...

Datatec shares surge nearly 10% on strong interim performance forecast

Edward West|Published

Datatec's shares leaped by nearly 10% as the company heralds a significant boost in its interim results, showcasing strong growth across its divisions. Discover ...

Afrimat shares surge after substantial earnings growth forecast

Edward West|Published

Discover how Afrimat's recent earnings surge is rekindling investor confidence as it navigates improvements across multiple sectors, despite challenges in the cement ...

Jubilee Metals Group to focus on Zambian copper projects after disposal of SA assets

Edward West|Published

Jubilee Metals Group is set to concentrate on its Zambian copper projects and Tjate platinum project in South Africa following the sale of its chrome and PGM operations, ...

Mondi's share price plummets amid challenging market conditions

Edward West|Published

Mondi's share price fell by 16. 7% following a disappointing trading statement, revealing lower earnings and extended maintenance shuts amid challenging market conditions. ...

FIC reports R144 million recovery from financial crime in 2024/25

Edward West|Published

he Financial Intelligence Centre's latest report reveals a 46% increase in recovered proceeds from crime, amounting to R144 million in 2024/25, amidst a backdrop ...

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 ...