Edward West

Multimedia Journalist, Business

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. ...

Optasia's robust 76% revenue growth driven by market expansion and new partnerships

Edward West|Published

Optasia has reported a remarkable 76% increase in revenue, surpassing its growth forecast, driven by strategic market expansions and partnerships. CEO Salvador Anglada ...

MTN Group announces R6 billion share buyback and dividend uplift, boosts investor confidence

Edward West|Published

" MTN Group's latest financial results showcase a remarkable turnaround with a R6 billion share buyback and a 45% increase in dividends, signalling strong growth ...

Fortress announces capitalisation share option to fund further property developments

Edward West|Published

Fortress Real Estate Investments offers shareholders a choice between a capitalisation share of 87.90 cents per “B” share or a cash dividend, aiming to fund its ...

MC Mining improves loss figures; Makhado Project gathers momentum

Edward West|Published

MC Mining has reported a 2% improvement in its attributable loss for the six months ending December 31, 2025, despite facing challenges such as lower sales volumes ...

Young South Africans face challenges in home ownership as demand outstrips supply

Edward West|Published

SA Corporate Real Estate's latest findings reveal that while housing demand in South Africa is high, under 35s are increasingly unable to afford home ownership, ...

Standard Bank Group revises South African interest rate forecast amid rising oil prices

Edward West|Published

Standard Bank Group's CEO discusses the impact of rising oil prices from the Middle East crisis on South Africa's economy and the bank's revised interest rate forecast, ...

Sanlam reports record in new business for 2025 and raises its dividend 9%

Edward West|Published

Sanlam has announced a record R496 million in new business for its 2025 financial year, reflecting a 22% increase driven by strong growth across its diversified ...

Government payment delays are threatening the financial viability of construction companies

Edward West|Published

Payment delays by the South African government are crippling construction companies, posing a greater threat than market downturns. Industry leaders discuss the ...

PAPSS: Revolutionising African trade financing

Edward West|Published

Discover how the Pan African Payment Settlement System is reshaping trade financing in Africa by enabling local currency transactions across 22 countries

Unlocking Africa's trade potential: Insights from the African Trade Conference 2026

Edward West|Published

At the African Trade Conference 2026, industry leaders discuss the progress and challenges facing Africa's integration into global trade, highlighting the need for ...

Accelerating Africa's integration into global trade at the Africa Trade Conference 2026

Edward West|Published

The Africa Trade Conference 2026 in Cape Town brings together global leaders to discuss strategies for enhancing Africa's role in global trade, focusing on intra-African ...

Hyprop reports steady distribution growth as shift in where the assets are continues

Edward West|Published

Hyprop Investments has announced a 4.9% increase in its half-year dividend, reaffirming its full-year guidance amid strategic expansions in South Africa and Eastern ...

Weaver Fintech's share price up 9% after reporting another year of strong growth

Edward West|Published

Weaver Fintech has reported a remarkable 40% increase in headline earnings and a 9% rise in share price, driven by strong customer acquisition and revenue growth ...

Absa Group reports 12% increase in headline earnings amid strategic shifts

Edward West|Published

Absa Group has reported a solid 12% increase in headline earnings to R24.8 billion, driven by lower credit impairments and strategic shifts under CEO Kenny Fihla. ...

Santam reports strong growth in net earned premiums and market share

Edward West|Published

Santam, South Africa's largest general insurer, has reported a remarkable 14.7% growth in net earned premiums for 2025, driven by strategic initiatives and a strong ...

Harmony Gold forecasts 11% to 17% earnings growth as it works on new copper assets

Edward West|Published

Harmony Gold Mining Company anticipates a growth in interim headline earnings per share between 11% and 17%, driven by rising gold prices and strategic copper integration. ...

AVI Group sustains profit growth after better fish brand results boost steady beverages and snacks growth

Edward West|Published

AVI Group continues its trend of profit growth, reporting an 11.4% increase in interim dividends and strong performance across its Snackworks and Entyce divisions, ...

Mpact's dividend slashed as economic pressures persist

Edward West|Published

Mpact has announced a reduced final dividend of 30 cents as it faces ongoing economic challenges, including a potential mill closure and declining earnings per share. ...

Grindrod reports solid operations and special dividend amid market challenges

Edward West|Published

Grindrod, a leading logistics operator in southern Africa, has announced record operational results and a special dividend for the 2025 financial year, despite a ...

Trustco navigates more challenges: High Court ruling staves off bank subsidiary liquidation

Edward West|Published

Trustco Group Holdings successfully defends against a hostile takeover attempt while the High Court of Namibia dismisses a liquidation application for its subsidiary, ...

ARM's financial performance: Headline earnings rise amid coal losses

Edward West|Published

African Rainbow Minerals (ARM) reports a 10% increase in headline earnings for the six months ending December 31, driven by strong platinum results, despite challenges ...

Sanlam reports strong growth amid market uncertainties, but warns of declining earnings

Edward West|Published

Sanlam has reported impressive growth in a challenging market, but anticipates a decline in headline earnings per share for 2025, highlighting the impact of corporate ...

FirstRand CEO discusses South Africa's economic resilience amid global uncertainty

Edward West|Published

FirstRand's CEO, Mary Vilakazi, highlights the positive macroeconomic factors supporting South Africa's economy, as the group reports an 11% increase in earnings ...