Wednesday, March 4, 2026

Sea Harvest FY25 results: a catch for all seasons

Sea Harvest Group has delivered the strongest performance in its history for the year ended 31 December 2025, driven by improved hake fishing conditions and firm global and domestic demand for sustainable wild-caught seafood, disciplined execution of its strategy, and improved operational efficiencies across the Group.

Nedbank FY25 results: a “transformative year” for the bank

Nedbank made a number of bold and swift strategic decisions in 2025. This included a strategic organisation, the sale of the ETI financial investment, the acquisition of iKhokha and the offer for a controlling stake in NCBA.
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Ghost Bites (Aspen | Brimstone | Caxton | Discovery | iOCO | Nedbank | Optasia | Sea Harvest | Shoprite | WBHO | Weaver)

Sea Harvest just had the year of their lives. Nedbank has taken major transformative steps. Shoprite is still growing despite the low-inflation environment. Aspen, Brimstone, Caxton, Discovery, iOCO, Optasia, WBHO and Weaver rounded out a busy day on the market.

Ghost Bites (Bidvest | Clientèle | Italtile | JSE | Libstar | Merafe | MTN | RCL Foods | Thungela)

RCL Foods is navigating a bitter situation in sugar. Bidvest is building a hygiene giant. Italtile and Thungela are struggling, while the JSE and MTN are flying. Clientèle's business is showing encouraging signs. Merafe is kicking the can down the road.

 

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GHOST WRAP – Earnings season brings out the bulls and the bears

With the August / September earnings season behind us, it's helpful to look at share price moves over the past 30 days on the JSE to see how sentiment has shifted. The PGMs have driven the Top40 higher, while insurance has taken a breather.

GHOST WRAP – The JSE Winners’ Club in 2025

At the halfway mark in 2025, we've lived through some huge geopolitical shifts. The world's gaze has shifted beyond just the US market. Many investors choose to stick with what they know in times like these. This means homegrown favourites on the JSE. But which stocks have been the big winners thus far this year, and what do they have in common?
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