Edward West

Multimedia Journalist, Business

BAT commits to £1.3bn share buy-back programme for 2026 despite market challenges

Edward West|Published

British American Tobacco reports robust 2025 results with 157% EPS growth, while announcing plans to close its South African manufacturing facility by end-2026 due ...

South32 sees strong first half earnings growth while preparing for Mozal shutdown

Edward West|Published

South32 has posted strong first-half results with a 9% increase in EBITDA to $1.1 billion and a 16% rise in underlying earnings, despite announcing plans to place ...

SAB reports strong growth driven by premium beer brands

Edward West|Published

South African Breweries has reported mid-single digit revenue growth for the 2025 financial year, with premium and super premium beer brands showing impressive volume ...

Altron shares jump 8% after forecasting 30% earnings growth

Edward West|Published

Altron's share price jumps over 8% following a trading statement projecting at least 30% earnings growth for FY2026. The ICT group expects headline earnings per ...

Global mining at inflection point as demand for critical minerals surges

Edward West|Published

BDO's Annual Mining Report 2024 reveals the global mining sector is at a pivotal moment, with critical minerals demand soaring due to the low-carbon transition while ...

South Africa's critical minerals: The case for local beneficiation

Edward West|Published

South Africa possesses 21 critical minerals that could transform its economy through beneficiation, but only a fraction is currently processed locally. Minerals ...

African Gold Council launched to keep gold value on the continent

Edward West|Published

The newly formed African Gold Council aims to transform how the continent utilises its gold resources by creating a local ecosystem instead of exporting unprocessed ...

Southern and Eastern Africa Power Pools to connect, boosting regional electricity capacity

Edward West|Published

The Southern Africa Power Pool is set to connect with the Eastern Africa Power Pool later this year, providing South Africa with greater options in sourcing power ...

Day three of Mining Indaba focuses on Africa's mining potential and innovation

Edward West|Published

Explore the innovations shaping Africa’s mining future at the Mining Indaba as industry leaders discuss collaboration, sustainability, and economic growth.

Mining companies urged to plan for community development beyond mine life

Edward West|Published

nglo American launches a R100 million initiative to support entrepreneurs and SMEs in mining communities, as industry leaders at Mining Indaba emphasize the need ...

South African mining fatalities decline in 2025, but rock fall incidents remain a concern

Edward West|Published

The Minerals Council of South Africa reports a slight decline in mining fatalities to 41 in 2025, but fall of ground incidents remain a major concern. While serious ...

Africa's $29.5 trillion mineral wealth: Unlocking economic potential

Edward West|Published

Africa holds 20% of the world's mineral wealth valued at $29.5 trillion, yet captures only a fraction of the economic benefits. At the Mining Indaba conference in ...

Gold Fields share price surges 4.5% on predicted earnings increase of at least 110%

Edward West|Published

Gold Fields has announced a predicted increase of up to 123% in headline earnings per share, driving its share price up 4.5% on Friday. The mining group's strong ...

Discovery acquires Sandton headquarters for R4.05 billion in strategic property move

Edward West|Published

Discovery Group has purchased its landmark Sandton headquarters for R4.05 billion, a strategic move expected to generate R800 million in cash-flow savings. Meanwhile, ...

Sasol predicts up to 40% drop in headline earnings amid lower oil prices

Edward West|Published

Sasol's share price fell 5.2% following a trading statement revealing headline earnings are expected to drop by 29-40% for the six months to December. The decline ...

Super Group expands fleet solutions with DIG acquisition

Edward West|Published

Super Group, the JSE-listed logistics and mobility company, is set to acquire the DIG group of companies for approximately R1 billion, significantly expanding its ...

ArcelorMittal SA shows signs of recovery amid potential state acquisition

Edward West|Published

ArcelorMittal South Africa has halved its losses in 2025 through strategic cost controls and operational improvements, even as it navigates potential acquisition ...

MTN confirms R35 billion talks to acquire IHS Holdings

Edward West|Published

MTN has confirmed it's in talks to acquire the remaining 75% stake in NYSE-listed IHS Holdings for approximately R35 billion, potentially consolidating its position ...

Sappi reports 56% earnings slump amid global market challenges

Edward West|Published

JSE-listed forestry group Sappi saw a 56% drop in Q1 earnings as global market pressures and overcapacity drove price declines across all product segments. Despite ...

Rainbow Chicken shares surge 13% on strong earnings forecast

Edward West|Published

Rainbow Chicken's share price jumped 13% following a forecast of nearly doubled earnings, outperforming the JSE All Share Index's modest 0.79% gain. The poultry ...

Mpact to retrench up to 377 workers at Springs paper mill amid import competition

Edward West|Published

Mpact, Southern Africa's largest paper and packaging company, has seen its share price fall by 5.6% after announcing plans to retrench nearly 10% of its workforce ...

Vodacom achieves strong growth as financial services customer numbers reach 100 million

Edward West|Published

Vodacom Group has reported a 12.7% increase in service revenue for the quarter ended December 2025, driven by strong performance in Egypt and international markets. ...

Mantengu mining delays worker payments amid cash flow concerns

Edward West|Published

Workers at Langpan Mining face financial strain after the company failed to pay January wages, citing missed production targets. This raises serious questions about ...

Vukile expands Spanish portfolio with R1.93 billion Berceo shopping centre acquisition

Edward West|Published

South Africa's third-largest REIT, Vukile, has acquired the Berceo Shopping Centre in Spain for €101 million as part of its strategic asset rotation following the ...

Impala Platinum shares increase as earnings to soar by over 390%

Edward West|Published

Impala Platinum Holdings reports extraordinary earnings growth of up to 411% for the six months to December 2025, driven by stronger PGM prices and solid operational ...