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Andrew Wooler, CEO of Burstone
REIT

Burstone Group launches R5.4bn South African funds management business

JSE-listed Burstone Group has established its first South African funds management platform

  • Edward West
3 min read
The announcement of the takeover of Speciality Steel UK came two months after the government nationalised British Steel, taking control from Chinese firm Jingye to avert the shutdown of the country's last factory that can make steel from scratch.
STEEL IMPORTS

UK plans to acquire steelmaker as industry struggles

The announcement of the takeover of Speciality Steel UK came two months after the government nationalised British Steel, taking control from Chinese firm Jingye to avert the…

  • AFP
1 min read
Trellidor Holdings, manufacturer of security barriers for the South Africa and UK, said it is better positioned for the 2027 financial year, with new growth plans in place, and after a year when the business was made more agile through a restructuring.
MANUFACTURING

Trellidor earnings decline sharply but cuts debt

Trellidor Holdings swung into an annual headline loss as revenue fell 20.3%, while lower debt and a restructuring formed part of management’s plan to restore profitability.

  • Edward West
3 min read
Motus’s revenues for the 2026 financial year grew by a marginal 1% to R113.5 billion, underpinned by increased SA vehicle sales volumes and partially offset by lower sales volumes in the UK retail commercial division and Australia retail.
VEHCILE SALES
Breaking News

Chinese brands drive Motus sales growth

Motus says Chinese vehicle brands helped lift South African sales, while sales of those brands rose sharply in the UK and Australia as the dealership group reported higher profit…

  • Tawanda Karombo
2 min read
International food service group Bidcorp declared a final cash dividend of 625 cents per share for the year to June 30, 2026, increased the total dividend to 1,240 cents per share for the year, an increase of 6.9% over the previous year.
BIDFOOD

Bidcorp returns R5.2 billion to shareholders in dividends and buybacks

Bidcorp has reported a significant increase in shareholder returns, with R5.2 billion returned through dividends and share buybacks. CEO Bernard Berson highlights the company's…

  • Edward West
4 min read