Edward West

Multimedia Journalist, Business

Siyanda Bakgatla Platinum Mine partners with NOA for renewable energy supply

Edward West|Published

Siyanda Bakgatla Platinum Mine has signed a significant agreement with NOA to secure 288 GWh of renewable energy annually, enhancing operational resilience and sustainability ...

Brait's strategy to unlock value through asset distribution and Virgin Active listing

Edward West|Published

Brait is finalising its strategy to unlock shareholder value through asset distribution and is preparing Virgin Active for a potential listing within two years, ...

Sunlyn acquires Capitec Rental Finance to strengthen its market position

Edward West|Published

Sunlyn, backed by Sasfin, has announced its acquisition of Capitec Rental Finance, a strategic move aimed at enhancing its position in South Africa's rental finance ...

EU and South Africa launch Clean Trade and Investment Partnership dialogue

Edward West|Published

South Africa and the EU have initiated a government-to-government dialogue to enhance their Clean Trade and Investment Partnership, focusing on sustainable supply ...

CDE warns against preferential procurement regulations' impact on state spending

Edward West|Published

" The Centre for Development and Enterprise (CDE) urges National Treasury to reconsider its draft public procurement regulations, citing concerns over increased ...

Tefla Africa is working to expand its Pan-African development project portfolio

Edward West|Published

Tefla Africa has made significant strides in its Pan-African development portfolio, transitioning to execution-ready projects aimed at addressing critical infrastructure ...

IMF lowers global growth forecast amid ongoing geopolitical tensions

Edward West|Published

The IMF has revised its global growth forecast for 2026 down to 3%, citing ongoing geopolitical tensions and inflationary pressures, while highlighting the resilience ...

African Rainbow Capital wins court ruling on Tanzania mining against Pula Graphite Partners

Edward West|Published

ARC secures a significant legal victory as the Johannesburg High Court dismisses Pula Graphite's breach of contract claims, clarifying the implications of a non-disclosure ...

FSCA reveals R8.33 billion in unpaid pension contributions from over 6,000 employers

Edward West|Published

The Financial Sector Conduct Authority (FSCA) has disclosed that over 6,000 employers are in default of pension fund contributions, accumulating arrears of R8.33 ...

Hammerson sells £69m of non-core assets, recycles capital to buy 50% of Ilac

Edward West|Published

Hammerson has sold £69m of non-core assets, including holdings in Dublin, to strengthen its investment strategy and support the city's Metrolink project. This move ...

Hyprop Investments raises R739 million in oversubscribed bookbuild

Edward West|Published

Hyprop Investments has successfully raised R739 million through an oversubscribed bookbuild, aimed at funding growth opportunities and maintaining a strong balance ...

National Treasury withholds fund transfers to municipalities due to financial mismanagement

Edward West|Updated

National Treasury's decision to withhold July 2026 equitable share transfers to 60 municipalities highlights ongoing financial mismanagement and compliance failures ...

First Battery's retrenchment plan of 165 workers sparks controversy over management decisions

Edward West|Published

First Battery's decision to retrench 165 workers has drawn criticism from Numsa, which claims the management's failure to adapt to industry changes is to blame. ...

GEPF reassures members of financial stability amid geopolitical tensions

Edward West|Published

The Government Employee Pension Fund (GEPF) reassures its members of its financial stability, maintaining a funding level of 119% despite recent market declines ...

JSE performance declines as precious metals miners drag down index

Edward West|Published

The JSE faced a decline in June, primarily driven by falling gold and platinum prices, as well as underperformance from key investment groups. Despite some sectors ...

PKMI withdraws bid for MAS shares despite strong interest

Edward West|Published

" PKMI's recent bid to acquire shares in MAS faced strong participation but was ultimately rejected due to unappealing pricing. This decision reflects the evolving ...

Bridgement secures R330 million to reshape SME funding landscape in South Africa

Edward West|Published

Bridgement has secured R330 million from major banks to empower South Africa's SMEs with quicker and easier access to funding, revolutionising traditional lending ...

Dis-Chem's strategic investments position it for future growth in South Africa

Edward West|Updated

Dis-Chem's chairman and CEO discuss the company's strategic investments and growth strategies in the face of a challenging operating environment, highlighting the ...

Weather-related catastrophes reshape short-term insurance landscape in 2026

Edward West|Published

PSG Insure CEO Cedric Masondo highlights the alarming rise in weather-related catastrophes and their impact on short-term insurance claims in 2026, urging businesses ...

UIF says Busa's withdrawal from governance structures will not create reforms

Edward West|Published

The Unemployment Insurance Fund (UIF) addresses Business Unity South Africa's (Busa) recent withdrawal from governance structures, highlighting the importance of ...

South Africa's last manganese smelter went dark

Edward West|Published

Transalloys, South Africa's last manganese smelter, has ceased production, jeopardising 600 jobs and 7,000 downstream livelihoods. Chief executive Konstantin Sadovnik ...

Business Unity South Africa calls for urgent reform of the Unemployment Insurance Fund

Edward West|Published

Business Unity South Africa (Busa) has joined trade unions in demanding urgent reforms and a forensic investigation into the Unemployment Insurance Fund, citing ...

SADC faces unprecedented decline in aid: A call for economic transformation

Edward West|Published

The Southern African Development Community (SADC) faces a significant decline in aid, prompting Finance Minister Enoch Godongwana to advocate for structural transformation ...

Meet Penny, the AI assistant from Pick n Pay's asap! that you can speak to

Edward West|Published

Pick n Pay is set to launch Penny, a groundbreaking AI-powered grocery shopping assistant, enabling South African customers to shop conversationally and effortlessly ...

Vehicle market defies economic odds with record sales in June

Edward West|Published

As South Africa's new vehicle market defies economic odds, record sales in June signal potential growth and optimism amidst ongoing challenges. Discover how shifting ...