The Fruitspot recently merged with Freshdeal. Walmart has a majority stake in Massmart. King Goodwill Zwelithini of Zulu South Africa - $19 million The Bidvest Group of South Africa is a distribution, foodservice and trading major. It is the first company in Africa that had its listing across the border on the Johannesburg Stock Exchange. The richest companies in Africa in the banking sector began 182 years ago in 1838. In the agriculture field, it provides fertilizers and helps in the development of farmers. In this segment, it grew to become a name with more than 200 branches to its credit Edcon Limited details in clothing, accessories, footwear and sporting equipment through its retail chain. This is what makes it the richest company in Africa in this sector. It also has RAM Express and RAM Cargo as its 2 subsidiaries. The airline has its head office at Addis Ababa in Ethiopia. Aspen is one of the major producers of ARV, a drug for managing HIV. This is a mining and engineering contractor. Apart from cement, it also produces and distributes related products as well as different variants of cement. The company deals in bank service operations and is headquartered in Johannesburg, South Africa. Irene Charnley Net Worth: $151 Million; Industry: Telecoms. While it has HQ in New York, they have a branch located in East Africa in Tanzania. Office Cherifien des Phosphates (The Besides, it is the largest mobile network operating company in Africa and the eighth in the world. With all these revenues and holdings, Remgro Limited has an employee strength of just around 173. This company is primarily in Melrose Arch in South Africa. It is a public utility provider and one of the richest companies in Africa. It is traded as SAP & SPPJY. Kenya’s leading telecom provider is Safaricom. This multi-billion magnet is worth 7.6 billion US Dollars, which makes him the richest man in South Africa and he ranks second on the list of richest African men. She had been in the mining business ever since the ’80s. Next in the race to become the richest company in Africa is Murray and Roberts Holdings Ltd. Harmony Gold Mining has since grown into a firm that employs over 34,000 people. The group’s net income was an estimated USD 1.8 billion. It also has interests in the field of property management. 10 Richest Banks in Africa with the Largest Assets in 2020. It has several integrated business models. Here are the biggest and largest businesses in South Africa. Country: South Africa. Shoprite Holdings have a total revenue amount of $11 billion. Pioneer saw a sales number of R20.15 billion in 2018. The company deals in financial services and is headquartered in Johannesburg. Over 15,070 people work for this healthcare giant. Ezz Steel Rebars is among the Middle East’s largest producer of steel. This packaged goods manufacturer began in 1996, setting up the operations base in South Africa. The Spar Group is one of the leading retailers globally. In this area, it has also made efforts to make the treatment of HIV/AIDS more affordable. The company has grown from thereon to become a major brand management giant. Anglo American PLC was founded by Ernest Oppenheimer in 1917 and is headquartered in Johannesburg. Masscash has bee providing competitive prices across these areas due to its footprint of warehouses and stores. The Bidcorp Group is an arm of Bidvest itself, which was unbundled in 2016 into a separate entity. As of now, they employ over 51,000 people, with revenues exceeding USD 10 billion. It also has operations in cane growing, milling and refining of sugar. Located in the ‘City of Gold’ Johannesburg, Gold Fields Limited is a gold mining firm and one of the richest companies in Africa. Its economy is the second-largest in Africa, and the 34th-largest in the world. In October 2016, it was acquired by AB InBev. However, over 80% of the firm’s business is cement production. Soc. The business tycoon’s assets are currently valued at … They are among the largest engineering companies in South Africa. Datatec is an ICT or Information and Communications Technology service and solutions group. In just 20 years, it grew to a brand with a turnover of R25.21 billion. 39% of the stake is owned by the state, and the rest is privately owned. Over 8,500 people work for this firm in the world. Around 2/3rds of its area is for petroleum storage, which is done in 60 tanks. The company does not have any presence outside Africa yet. The design capacity allows MIDOR to produce over 100,000 barrels a day. 20% of this firm is owned by the ZCCM-IH. Absa Group Limited offers various banking services such as business banking, personal banking, investment, and credit card services. This company was formed after Arcelor was merged with Mittal Steel, an Indian steel company. They also were Coca Cola’s major bottlers. Vivendi later purchased this share in 2001. This airline has 44 cargo and 125 passenger destinations. Not only is it listed on South Africa’s securities exchange, but it is also a part of the London Stock Exchange and its FTSE 250 Index. Vodacom is the major telecom provider in South Africa. This group provides these services to commercial, retail, public as well as the corporate sector. It has a market base in Africa as well as Australia. Their employee strength is over 6,200 people. Absa Group Limited was founded in 1991 and was formerly known as Barclays Africa Group Limited. The Dangote Group is West Africa’s largest multi-industry company. Apart from telecom, it also provides entertainment services. The annual sales of Nampak in 2018 were close to R17.3 billion. Wilson Bayly Holmes-Ovcon is a building and civil engineering firm. MTN Group South Africa was earlier known as M-Cell. At that time, it was a seller of wool products and later on expanded into engineering goods. Their turnover in 2018 was an estimated R32.06 billion. Santam is a financial service provider based in CapeTown. Remgro Limited is a South African investment holding firm. This group is a provider of cable services in the Netherlands along with other content businesses. He is … They are among the largest engineering companies in South Africa. Top 10 Richest Forex Traders In South Africa… The firm had a turnover of close to NGN 619 billion in 2018. This is due to its network of 510 pharmacies across Africa. Sonelgaz is a state-owned utility firm in Algeria. Masswarehouse’s latest revenue estimates put the figure at over USD 1.9 billion. Its headquarters is currently in Braamfontein, South Africa. For this, it has a partnership with the Founders Factory Area. In addition to that, most of the nations’ fuel pipelines and rail services are also run by Transnet. This firm is one of South Africa’s largest milling and customer goods brand. The total revenue of this company is $8.2 billion. Massmart Holdings Ltd is among the largest merchandise retailers in Africa. It is supported by several sister companies such as MIDOR Electricity and MIDWATER. Aspen Pharmcare is the largest African drug company. This company works in the distribution of prepaid electronic value tokens and transaction servicing. Angola currently has more than 5 billion barrels in coastal and offshore petrol reserves. They were formed in 1979. It employs over 44,000 people in this retail chain. They also have their commercial bank by the name of the Bidvest Bank. Apart from that, it also runs 49 more stores outside South Africa. It has a customer base spread across Europe and Africa. Liberty Global PLC or, simply the Liberty Group came into existence in 2013. Aveng is among the largest construction and resource companies in South Africa. This company has been around since 1881, with its headquarters in Cape Town. Top 10 Richest Celebrities In South Africa 2020 The South Africa entertainment industry and social scene is quite easily the biggest on the continent and compares well with the best in the world. The National Refinery of Tunisia is under La Société tunisienne des industries de raffinage. Apart from this, it is also in the production of glass, metals, plastic and papas. In the year 2018, Telkom had an R 41.7 billion turnover. SPAR is a name that many people will have heard. The organization’s headquarter office area in the Western Cape region of South Africa. He happens to have a 6 billion plan of building Africa's largest city. Truworths International is one of the largest retail clothing chains in South Africa. MTN has its headquarters in Johannesburg. Some of the main mineral materials in South Africa are high-quality gold, tin, diamond, platinum, coal, iron ore, and copper. The Foschini Group retail stores have a strong presence outside Africa as well, including in the United Kingdom and Australia. Apart from these, it also deals in consumer electronics, data and music streaming. In the international community, African Banks are beginning to compete better in terms of capitalization. South Africa’s GDP may cross $29 trillion by 2050. Sasol Ltd has its HQ in Sandton in South Africa. This is a publicly-traded firm listed on the Johannesburg Stock Exchange. The company also deals with international freight management and works in several industries. It is worth noting here that while it has stores outside South Africa in Australia and New Zealand, it has no association with the Australian supermarket chain Woolworths. Innovation and a continuous focus on improvement is key to its working. What makes Exxaro one of the richest companies in Africa is its innovation. They have a presence not only in Africa but also in Asia and in many European countries. This separation and merger with Namakwa Sands & Eyesizwe Coal led to the birth of Exxaro in 2006. They were first listed on the Johannesburg Stock Exchange in May 2016. The company’s annual turnover estimate was R 37.14 billion in 2018. The biggest of them is what the name of the richest company in Africa is? With over 130,000 people on its payroll and revenues and revenues over EUR 12 billion, which makes this company in this list of richest companies in Africa is no secret. The brand has more recognition as just Distell. It is the largest provider of such insurance is not just South Africa, but also Tanzania and other East African nations. Naspers is one of the premier internet groups in South Africa. Many of these companies deal with telecommunication, mining, bank services, and transportation. It runs with an employee strength of 17,500. It is also among the largest banking groups of sub-Saharan Africa. Massdiscounters is a retail brand under the Massmart Holdings Group. At that time, it was known as ANSDK or the Alexandria National Iron & Steel Company. The Shoprite Group of Companies is Africa’s biggest food retailer. MRP’s stores are present throughout Africa. It started in 1950. Some of its most famous projects include the Gaza Strip Airport, the Aswan High Dam and the Luxor International Airport among others. This leading company in Africa also plays a major role in Tanzania’s growth. Their head office is known as the Safaricom House, which is present in Nairobi in Kenya. It has been around since 1923, which is over 97 years. Top 10 Richest List, Interesting Rankings Hub. It has a market cap of over R96 billion, which makes it one of the richest companies in Africa. The firm started in 1918 and has since grown to become a leading provider of short-term insurance. As of 2018, Implats had revenue of R35.9 billion. Akon is the richest musician on the continent with a net worth of 80 million dollars. The King of Morocco, a member of the Alaouite dynasty, was born on 21st August 1963. Currently, the group has 442 stores across Sub-Saharan Countries and South Africa. All these operations are focused across South Africa. This company was started in 1950 in Egypt, and now has a presence in 25 countries. These sales volumes stood at USD 1.4 billion in 2018. From thereon, it has grown into a conglomerate with a variety of interests. The product base includes personal and family insurance, vehicle cover as well as credit. Residence: Cape Town. It also serves the maximum destinations, has the largest fleet and revenue. The company offers both short- and long-term insurance. 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. Earlier the government of Morocco had a 35% stake in GroupeMaroc Telecom. Shoprite Holdings Limited is a public organization recorded on the Johannesburg Stock Exchange. SABMiller South Africa is a beverage and brewing company with its headquarters now in England. RELATED: TOP 20 RICHEST COMPANIES IN NIGERIA. Its presence is in over 14 nations across the continent. It last reported a turnover of over R18.32 billion. John Fairbairn first started this company as a mutual insurance firm. They also reported revenue of over USD 5 billion in 2015. Nicky Oppenheimer $7.4 billion Nicky Oppenheimer as is fondly called is a South African billionaire, philanthropist and the third richest […] Aspen had a revenue of over R 42 billion in 2018. Net Worth: R3.6 Billion; Wendy Appelbaum is the richest woman in South Africa and was awarded one of the leading women entrepreneurs of the world. These are Oando Trading and Oando Energy Resources. Its formation in 1961 was the result of an agreement between ENI, an Italy-based oil group, and the Tunisian State government. It was also the firm responsible for providing the country with internet access. Top 10 Richest Men In South Africa 2020. JOHANNESBURG, SOUTH AFRICA – NOVEMBER 08: ..Patrice Motsepe during the Sunday Times Top 100 Companies event at The Empire on November 08, 2017 in Johannesburg, South Africa. This company has a total revenue amount of $8.9 billion. As per the sales volumes, STEG is Tunisia’s largest firm. 35% of the total revenue of this company is from Nigeria. Gold Fields had a revenue of USD 2.5 billion in 2018. The task of providing marine infrastructure and port infra is with the Transnet National Port Authority. The Standard Banking Group is one of the leading providers of financial services on the continent. These men are known throughout South Africa as the most indigenous and business-minded people who went against all odds to make sure that their wealth speaks for them anywhere they go. The richest company in Africa in the healthcare sector is Clicks Group. Its customer base is above 25.7 million people. Patrice Motsepe was estimated to be worth $2.6 billion as of February 2020, and was ranked as the youngest billionaire in South Africa and the tenth richest in Africa on the Forbes Rich List for 2020. These numbers are kept up by the fact that it is the sole producer and distributor of electricity and natural gas in Tunisia. Naftal is a name commonly seen across Algeria. Sasol reported a revenue of over USD 21.8 billion last year. Super Group is among Africa’s leading supply chain and logistics providers. They reported a revenue of USD 6.48 billion in 2018. It now provides services in areas like car rentals, motor vehicle dealerships, logistics, and industrial equipment. Transnet SOC Limited is a state-owned company in the field of pipelines, ports, and rail. This construction major had a USD 1.5 billion revenue estimate in 2018. They currently have more than 5,000 people working for them. The Impala Mine in north-west Africa is one of its largest. Sonangol has offices in America, Europe, and Asia. Sasol creates and deals with technology, including manufactured fuel innovations, and produces distinctive fluid fills, chemicals, and power. Two Nigerians maintained the first and second positions, with only one woman making the top 10 list while businessmen make up the whole list of 10 richest people in Africa. Old Mutual Group was founded on May 17, 1845. The main businesses of this group include auto sales, retail stores, food processing and manufacturing of glass. It has since grown to become among the largest building groups in Africa. Their employee strength is above 77,000 people. ArcelorMittal S.A is among the leading steel manufacturing firms in the world. He owns about 90% of publicly-traded Dangote Cement through a holding company. When talking about the richest company in Africa, you cannot leave out an oil major. The richest black man in South Africa, the billionaire with the European appearance Johann Rupert has turned a part of the father's company into the business shining in every sense. AECI is a provider of explosives and detonators to the diamond and gold mines in South Africa. It is based out of South Africa and provides GSM-related internet to its customers. List fo the richest companies in South Africa presently. He was ranked the richest person business in South Africa in 2020, even though he was $0.3 billion poorer in 2019. Patrice Motsepe. This is also the 8th biggest mobile network provider, globally. Dangote Cement produces 44 million metric tons annually and plan to increase its output 33% by 2020. Imperial Holdings started in 1946 with a focus on transport and distribution. It also has interests in mining, food & beverage and petroleum sectors. There was no significant difference in the positions but there was a magnificent drop in their net worth. It was ranked as the 9th largest public entity in Africa by Forbes. Discovery Health’s services are not just in Africa. Engen Petroleum focuses on refined petrol products. It has several different store types, including Hypermarkets, Supermarkets, Liquor Stores, Pharmacies and boxer formats, among others. In 2016, MTN reported a subscriber base of 232 million. His palace’s daily operating budget is estimated at $960,000. The firm is listed on the Egyptian Stock Market. However, its presence is not in Africa alone. Its annual turnover was around R30 billion in 2019. It also has operations outside Africa in several Asian and European nations. In addition to this, it also had assets of USD 13.7 billion. Their high-quality uranium and gold operations are across the Witwatersrand basin. This firm first began in the 1970s in the domain of small trading. Richest Women in South Africa 1. And what does it do? It has its HQ in Bedfordview in South Africa. In as much as most of them would not be compared with some of the well-financed banks in America and the United Kingdom, they can favorably stand at par with a lot of others. South Africa is the southernmost country in Africa.It is the 25th-largest country in the world by land area, and with close to 56 million people, is the world's 24th-most populous nation.. It also has several notable acquisitions to its name, such as the Retail Apparel Group in Australia. It is a fully government-owned enterprise that serves customers globally. The company also has a stake in the VodafoneZiggo Group. The organization’s corporate base camp, Standard Bank headquarters, is located in Simmonds Street, Johannesburg. As of 2015, MTN South Africa had revenue above USD 3 billion. This is a 174- year company that began in 1845 in Cape Town. With that, let’s go ahead and explore the 100 richest companies in Africa. Several divisions make up the firm, including building, roads & earthworks and civil engineering. A 2014 estimate put the number of retail stores under the JD group at 1,223. Its advertising campaigns and coverage that extends to Mount Kilimanjaro have added to its popularity. In addition to that, they also provide service to 250 corporates. Since then, FMN has grown to become an employer of more than 12,000 people. The company carries out services in Africa, Asia, Australia, North America, Europe, and South America. Further, it was also given a monopoly on natural gas in the country. It is also a major player in the energy sector. At this time when it was only formed in 1920, the company was called Tiger Oats Ltd. Sibanye Gold, or now known as Sibanye-Stilwater, is the largest individual gold producer in Africa. This company offers its services to countries such as Nigeria, Ghana, Botswana, Uganda, Zambia, Kenya, and Mozambique. The group also owns a 45% stake in Cell C, which is among the top 4 telecom firms in South Africa. Their retail chains in liquor, home goods, and food are the 2nd biggest in Africa. This conglomerate is the parent of more than 300 companies spread across multiple business lines. However, 1/3rd of its earnings are from Nigeria. MTN Group has its headquarters in Johannesburg. In addition to this, Edcon is also a leading provider of financial services in Africa. It has a network of centers across 15 countries and thousands of stores. They are the largest cargo hauler in Africa. It has since grown interests from Platinum to cobalt, copper as well as nickel. The bank has a presence in not just Africa but in Asia and Europe too. Along with this, it has an employee strength of 2,600. The main task of this organization is importing and refining crude oil. Some of these retail partnerships include GNC, Clicks, Claire’s and The Body Shop, among others. Transnet Pipelines takes care of the pipeline assets, and Transnet Freight Rail is the freight rail division. The company has interests in services, agri-food, and retail. This company replaced the previous company EGA. By the end of the 2016 financial year, the Suez Canal Authority had a USD 5 billion turnover. They provide both wireless and wired communication across the continent. FMN or the Flour Mills of Nigeria is an agribusiness firm from Nigeria. One-third of this company’s revenue comes from Nigeria where it gains over 35% market shares. Omnia Holdings also produces and distributes polymers and chemicals. This company was earlier known as Anglovaal Engineering. Some of those are related to synthetic fuels, chemicals, and electricity. They started in 1950 and today has more than 30,000 people working for it. The company is one of the richest organizations in South Africa for now. MTN doesn’t operate in African countries alone but also in Asian and European countries. Royal Air Maroc or RAM is an air-transport firm in Morocco. The company has a total revenue amount of $27.6 billion. Pioneer Foods is among the leading FMCG brands in South Africa. Currently, Kumba Iron Ore is located in South Africa’s Northern Cape Province. In 16 years, it has reached a revenue of over USD 5 billion. Its revenue is well above USD 4.1 billion (as of 2017). These include passenger services, supply chain solutions, manufacturing, and timber products, among other things. Safaricom has also been expanding in the sphere of cloud computing. As one may guess from the name, Anglo Gold Ashanti is a world-renowned gold mining company. The head office of the company is in Johannesburg, but the company operates in many African, European, and Asian countries. Who is the wealthiest traditional ruler in the continent in 2020? This is the story of Sanlam, which started 102 years ago dealing with just life insurance. This firm began in 1947, and it has a presence beyond Africa as well. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window). Some of the main products of Exxaro include Coal, titanium, zircon and iron ore, among others. Some of them include automobiles, office & print services, real estate, and even insurance. Almost 38% of the global platinum supply is from this company. Centers across 15 countries and thousands of stores in just Algeria, global telecom holding or GTH a. Much more celebrities make than 33 countries, Kenya, and America the Group also bought the North Palladium... Industry is the biggest pharmacy chains, this was started in 1999 internet! 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