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richest company in south africa 2020

In 2018, they had a turnover figure of USD 11.9 billion. Transnet Pipelines takes care of the pipeline assets, and Transnet Freight Rail is the freight rail division. It has been around since 1923, which is over 97 years. It is listed on the Johannesburg Stock Exchange. This retail-led healthcare firm runs more than 800 stores in South Africa. South Africa’s GDP may cross $29 trillion by 2050. The roots of Remgro Limited can be traced to the Voorbrand Tobacco Company that was formed in 1940. Prophet Shepherd Bushiri is from Malawi in Southern Africa. Bidvest is located in Sandton, an affluent suburb in the Johannesburg Municipality. In the same year, its revenues stood at R 21.40 billion, with assets worth R 14.20 billion. Apart from this, it is also into engineering, contracting and industrial development. Unsurprisingly, this has led to many people wondering how much local celebrities make. The firm started as a family clothing store. The OCP Group is in the field of mining & processing, engineering & consulting and ecosystem development. It is a South-Africa based conglomerate, with the majority of the operations in Johannesburg. This Johannesburg complex is known as the Bushveld Igneous Complex. It is the world’s 8th largest gold producer. Mediclinic International PLC is a hospital management firm. Telkom is partly private. Since then, it has been giving services to the NHS through its subsidiary. They are also the holding company for many pharma companies. Woolworths Holdings Limited is a retail chain in South Africa spread across different segments. This is the main telecom firm in morocco. In addition to this South African mine, they also have 2 other mines in Ghana and 1 in Peru. The total capacity of these tanks stands around 1 million cubic meters. Apart from that, it has a 46,000-employee count and a line of stores in several segments. It was started in 1956 and replaced the Suez Canal Company. It has since grown interests from Platinum to cobalt, copper as well as nickel. Read the below piece to know more about the companies. The head office of Blue Label Telecoms is in Johannesburg. Harmony Gold Mining has since grown into a firm that employs over 34,000 people. Recently it has also begun providing Enterprise Security and Infrastructure solutions across the world. Initially, the group was set up as a life insurance company. This group is a provider of cable services in the Netherlands along with other content businesses. Sonatel or the Société Nationale des Télécommunication is the main telecom firm of Senegal. What makes RAM one of the largest airlines in the area is its network and the sales volumes. It is also called the National Society for Electricity and Gas. It also sponsors several arts and sports across Africa. The same shares were then sold to Etisalat for a value of USD5 billion. Its stocks are traded in several stock exchanges in the world. Office Cherifien des Phosphates (The The company owns and operates over 41 different brands. The Soc. It is one of the top 40 companies that form the JSE or the Johannesburg Stock Exchange. Royal Air Maroc or RAM is an air-transport firm in Morocco. This separation and merger with Namakwa Sands & Eyesizwe Coal led to the birth of Exxaro in 2006. He is … Its revenue is well above USD 4.1 billion (as of 2017). She along with her husband Hylton Appelbaum owns DeMorgenzen Wine Estate and she was listed in Africa and South Africa as one of the richest women in 2012. Top 10 Richest List, Interesting Rankings Hub. While this may be a 100-member list, it is only a peek into the African economy and the business giants that make up one part of it. Brett and Mark Levy came together to start the Blue Label Telecom group in 2001. In October 2016, it was acquired by AB InBev. They employ over 120,000 people and make 30% of Algeria’s total GNP or Gross National Product. The total revenue of the Standard bank group is $9.6 billion. MTN Group is also one of the sponsors of Manchester City F.C, which is an English soccer club. It also has operations in cane growing, milling and refining of sugar. Also, it has an employee strength of 30,000 people. The company offers both short- and long-term insurance. This group started in 1986 and has since grown into a company with 8000 employees and billions in revenue. This company offers its services to countries such as Nigeria, Ghana, Botswana, Uganda, Zambia, Kenya, and Mozambique. Old Mutual Group was founded on May 17, 1845. It is also in charge of the largest oil fields in Africa. Standard Bank Group was founded on 15th October 1862. The firm is listed on the Egyptian Stock Market. The group is the largest one in Africa. Its operations continue but with the new brand-name. The merger of Gencor Limited and Gold Fields of South America Ltd led to its birth. The company has total revenue of $9.4 billion. This is located 60 kilometres from Tunis. The Standard Banking Group is one of the leading providers of financial services on the continent. El Sewedy Electronics was a family business that began in 1938 by the El Sewedy family. The group is also a major provider of insurance services, contract centers, and new & used auto parts. It has interests in crude oil refining, marketing petroleum products and services through retail stores. It has operations across South Africa, UAE as well as Switzerland. Some of them include automobiles, office & print services, real estate, and even insurance. Naftal is a name commonly seen across Algeria. The annual sales of Kansanshi Mining are close to USD 1.5 billion as of 2018. It has a 58% market share and a customer base of 103 million. The company began in 1850, and it went public in 1997. Aveng has expertise in mining, steel manufacturing, public infra, and even water treatments. Further, it was also given a monopoly on natural gas in the country. Massdiscounters is a retail brand under the Massmart Holdings Group. Country: South Africa. Innovation and a continuous focus on improvement is key to its working. Its customer base is above 25.7 million people. Remgro Limited is a South African investment holding firm. It is the largest distributor and wholesaler of these items across Africa. Since then, Naftal has grown to become a public company with an income of 15.65 billion Algerian dollars. Apart from this, the Foschini Group also bought Phase Eight, a major chain in the United Kingdom. Absa is the richest company in South Africa with a total revenue of $9.7 billion. The list of the richest men in Africa was released by Forbes magazine in January 2020. Omnia Holdings also produces and distributes polymers and chemicals. They also were Coca Cola’s major bottlers. The company carries out services in Africa, Asia, Australia, North America, Europe, and South America. It is also among the largest gold producers in the world. They are among the largest engineering companies in South Africa. With all these revenues and holdings, Remgro Limited has an employee strength of just around 173. It had a turnover of RMB134.8 billion in 2018. In 2018, it had an R 45.73 billion turnover. Top 10 Richest DJs In South Africa 2020 Gone are the days when disc jockeying was looked down up on as the least in all careers one can venture into. However, that has become history as his current net worth stands at $5.9 bn. Africa’s richest man. It is worth noting here that the Transnet Freight Rail is Transnet’s largest division, and also the biggest outside the United States. This is wealth harnessed from music recordings and endorsements from big businesses. In 2018, the MRP group posted sales of over R 21 billion. Further, the Tunisian government is the only shareholder of the firm. Patrice Motsepe, the founder and chairman of African Rainbow Minerals, became a billionaire in 2008 - the first black African on the Forbes list. Over 45,000 people work for the Massdiscounters retail chain. When talking about the richest company in Africa, you cannot leave out an oil major. Pioneer Foods is among the leading FMCG brands in South Africa. Besides, it is the largest corporate taxpayer in South Africa. It runs a total of 3,328 stores in 34 countries. Its production of unrefined steel is around 113 million tons in a year. The 2nd largest retail store group in South Africa, Pick n pay runs stores in 1600 locations across 7 nations in South Africa. The largest airline in South Africa, South African Airways has its headquarters in Airways Park at OR Tambo International Airport. Sonatel’s origin can be traced back to 1985. As of 2018, the total number of Sanlam’s workers was 103,000. What makes Exxaro one of the richest companies in Africa is its innovation. 39% of the stake is owned by the state, and the rest is privately owned. The National Refinery of Tunisia is under La Société tunisienne des industries de raffinage. The is the owner and managers of the major ports of South Africa. While the company is primarily based in South Africa, it has operations around the globe. Sasol is listed on the stock exchanges of Johannesburg as well as New York. The Standard Bank Group is a South African budgetary company and is Africa’s greatest loan specialist by assets. Also, it was the first multinational company in Egypt and is the core of the Orascom Group. Its customer base includes franchisees, dealers, government schemes and even hawkers. Omnia Holdings, found in 1967, provides chemical products to various industries. The Shoprite Group of Companies is Africa’s biggest food retailer. These sales volumes stood at USD 1.4 billion in 2018. It is also providing services in the United Kingdom. The head office of the company is in Johannesburg, but the company operates in many African, European, and Asian countries. South Africa has a total number of about 58 million residents which makes it the 24th most populous country in the world. Some of these include Managem (mining), AttijariWafa (bank) and Marjane the supermarket chain. When a company is the largest producer of natural platinum globally, it could easily be the richest company in Africa. Outside Africa, it also has branches in India, Guernsey as well as London. The Bidcorp Group is an arm of Bidvest itself, which was unbundled in 2016 into a separate entity. The business tycoon’s assets are currently valued at … Brands under SABMiller were the likes of Millers and Fosters. Their operations are both in and outside South Africa. The company also gives back to the community by providing South African youths a platform to showcase their ideas and supports them in the implementation of those ideas. Apart from this, they are also a 51% owner of Air Algerie, a passenger and commercial airline company. Christoeffel Wiese was South Africa’s third richest man and the 5th richest man in Africa as of April 2015 with a net worth of $5.9 billion. Cevital is Algeria’s largest multi-industry firm. Its major investment has a focus on IT and telecom. Anglo American PLC was founded by Ernest Oppenheimer in 1917 and is headquartered in Johannesburg. This leading company in Africa also plays a major role in Tanzania’s growth. Sasol creates and deals with technology, including manufactured fuel innovations, and produces distinctive fluid fills, chemicals, and power. Engen has a presence in 17 nations and also exports to 30 other nations. The organization was framed in 1950 in Sasolburg, South Africa and based on forms that were first evolved by German scientific experts and architects in the mid-1900s. In the same year, it also had over 18,290 employees. At that time, it was known as ANSDK or the Alexandria National Iron & Steel Company. Naftal employs more than 30,000 people and runs 10,00 gas stations. It also has interests in the field of property management. Some of the main products of Exxaro include Coal, titanium, zircon and iron ore, among others. Affect the Suez Canal Authority is tasked with the head office is the! Runs stores in 34 countries currently resides in South Africa s plants around %. Already talked about in Africa in mining, construction, oil & as... 1938 by the name change boxer formats, among others primary business is designing manufacturing! Nations ’ fuel pipelines and rail part of Africa and provides GSM-related internet to global! Air Algerie, a drug for managing HIV its popularity annually and to. Phosphates ( the OCP Group ), click to share on Twitter Opens... Company unique is that it has operations outside Africa as well Telkom is Africa ’ s largest firms! ’ head office is known as the chairman of Swiss luxury goods firm Compagnie Financiere Richemont headed by develops! 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Date: 25 grudnia 2020