Edward West

Multimedia Journalist, Business

Godongwana considers measures for stability at the PIC amid board exodus

Edward West|Published

Finance Minister Enoch Godongwana is exploring measures to restore stability at the Public Investment Corporation following recent governance challenges and director ...

Sirius Real Estate acquires R935 million defence business park in Germany

Edward West|Published

Sirius Real Estate has announced the acquisition of a fully let defence-supported business park in Fulda, Germany, for €49.8 million, reflecting a strategic investment ...

Pepkor's Flash to merge with Shop2Shop to create a leading merchant platform

Edward West|Published

Pepkor Holdings announces the merger of its fintech subsidiary Flash with Shop2Shop, creating a powerful platform aimed at enhancing merchant commerce in South Africa, ...

ASP Isotopes partners with Texas A&M to enhance uranium hexafluoride production

Edward West|Published

ASP Isotopes and Texas A&M Engineering Experiment Station have signed a research agreement to advance the production of high-purity uranium hexafluoride, a critical ...

South African equities: A cautiously optimistic outlook amidst global uncertainties

Edward West|Published

nchor Capital's investment strategists discuss the subdued expectations for South African earnings despite a supportive macroeconomic backdrop, highlighting opportunities ...

Kumba Iron Ore forecasts significant drop in interim headline earnings

Edward West|Published

Kumba Iron Ore warns of a potential 43% decline in headline earnings for the first half of 2026, driven by a stronger rand and lower iron ore prices, as the company ...

Sasol reports strong production performance and strategic initiatives in the fourth quarter

Edward West|Published

Sasol's latest update reveals a strong production performance at Secunda Operations, driven by strategic initiatives and a supportive macroeconomic environment, ...

Cosatu calls for greater transparency from the PIC regarding investment disclosures

Edward West|Published

Cosatu's Mathew Parks demands that the Public Investment Corporation (PIC) disclose all investment information publicly, following allegations of misconduct against ...

South32 exceeds production guidance and accelerates transition to base metals

Edward West|Published

South32 reports a successful quarter, exceeding production guidance and announcing a strategic shift towards base metals, positioning itself for future growth and ...

Manufacturing Indaba 2026 was a catalyst for Africa's industrial growth

Edward West|Published

Manufacturing Indaba 2026 showcased the vibrant discussions and collaborative efforts aimed at transforming Africa's manufacturing landscape, highlighting the importance ...

Argent Industrial acquires Ramsden Group in the UK for R239.19 million

Edward West|Published

Argent Industrial, through its UK subsidiary, has acquired the Ramsden Group for £10.84 million, marking a significant step in its international expansion strategy. ...

Northam Platinum opens world’s deepest raise-bored shaft at Zondereinde mine

Edward West|Published

Valterra Platinum announces a remarkable increase in headline earnings per share, projected to rise by over 1388% for the first half of 2026, driven by increased ...

Valterra Platinum forecasts a staggering 1388% rise in first half headline earnings

Edward West|Published

Valterra Platinum announces a remarkable increase in headline earnings per share, projected to rise by over 1388% for the first half of 2026, driven by increased ...

Prosus to sell remaining stake in Delivery Hero to Uber for around R41 billion

Edward West|Published

Prosus has announced the sale of its remaining 16.8% stake in Delivery Hero to Uber for R4 billion, aligning with regulatory commitments following its acquisition ...

Karooooo reports 18% growth in Cartrack subscribers during its 2027 first quarter

Edward West|Updated

Karooooo's first quarter update reveals an 18% increase in Cartrack subscribers, with subscription revenue growing by 19% and record net additions driving optimism ...

BHP reports record copper and iron ore output amid continuing project investment

Edward West|Published

BHP has reported record production in copper and iron ore for the year ending June 30, driven by effective cost management and strategic growth initiatives. CEO ...

NAACAM urges government to enforce 60% local content in SA automotive manufacture

Edward West|Published

NAACAM calls for the South African government to mandate a 60% local content requirement for automotive manufacturers, highlighting the importance of localisation ...

FSCA launches investigation into PIC following CEO suspension

Edward West|Updated

The Financial Sector Conduct Authority (FSCA) has initiated an investigation into the Public Investment Corporation (PIC) following the suspension of its CEO amid ...

Standard Bank and Helios Towers partner to boost digital connectivity across Africa

Edward West|Published

As Standard Bank and Helios Towers embark on this promising partnership, they are not only addressing critical business needs but are also championing a movement ...

DRDGOLD's ambitious Vision 2028 plan to boost gold production goes into implementation mode

Edward West|Published

DRDGOLD is poised for a significant transformation as it launches its Vision 2028 initiative, designed to double its gold production capacity and establish sustainable ...

Supermarket Income REIT plans £100 million rights issue to expand portfolio

Edward West|Published

Supermarket Income REIT is set to raise £100 million through a rights issue to acquire nine grocery assets, aiming to double its portfolio size and enhance shareholder ...

Richemont's luxury brands drive 20% sales growth, boosting share price by 7,5%

Edward West|Updated

Compagnie Financière Richemont's share price soared by 7.5% on the JSE following a strong first-quarter sales report, with global sales reaching €6.3 billion, marking ...

Governance concerns rise as PIC CEO faces suspension

Edward West|Published

The Public Investment Corporation has suspended CEO Patrick Dlamini amid serious allegations of corruption and maladministration, raising concerns over the governance ...

Tin production and sales soar at Alphamin Resources in the Democratic Republic of Congo

Edward West|Published

Alphamin Resources Corporation anticipates record earnings of $167 million in Q2, driven by increased tin prices and production. Discover the latest updates on their ...

PIC CEO Patrick Dlamini on precautionary suspension amid governance concerns

Edward West|Published

The Public Investment Corporation has suspended CEO Patrick Dlamini amid serious governance concerns and allegations of impropriety, following a whistleblower report. ...