Top 10 Companies in Africa
10 Old Mutual (R119 million) - Old Mutual operates primarily in the long-term savings and investment solutions and has more than 14 million customers worldwide. This company handles funds of £262.2bn and has assets around the world. It is listed on the Johannesburg Stock Exchange and the Namibian Stock Exchange.
9 FirstRand Limited (R130 million) - The original business which eventually became Firstrand Limited in 1998 was founded in the 1970s as a specialist investment bank by three entrepreneurs. Today it maintains banking subsidiaries which it owns wholly or in part, in Botswana, Mozambique, Namibia, South Africa, Swaziland, Tanzania and Zambia.
8 Standard Bank Group (R190 million) - The group has a 151-year history in South Africa and started building its Sub-Saharan Africa franchise in the early 1990s. It currently operates in 18 countries on the continent including South Africa.
7 Naspers (R223 million) - Listed on the Johannesburg Stock Exchange in 1994 the company was founded in 1915. It is a leading multinational media and internet group with operations in more than 133 countries. Over the past two decades it has evolved from a traditional print media business in one country to a broad-based e-media company in multiple markets.
6 Sasol (R233.5 million) - An international integrated energy and chemical company which has expanded into such countries as Mozambique, Canada and Uzbekistan. Today Sasol is holds interests in 38 countries with 34,000 employees. It develops and commercialises technologies and build and operates world-scale facilities to produce a range of product streams, including liquid fuels, high-value chemicals and low-carbon electricity.
5 MTN Group (R334 million) - Launched in 1994, MTN Group is a leading emerging markets mobile operator which is at the forefront of the technological changes sweeping the world. Headquartered in Johannesburg, South Africa the company has expanded its operations across Africa, Europe and the Middle East. It has 34 558 employees who communicate in five official languages and represent 55 nationalities.
4 Richemont (R347 million) - Compagnie Financière Richemont SA is a Switzerland-based luxury goods holding company founded 25 years ago by South African businessman Johann Rupert. The group’s interests include Cartier, Van Cleef & Arpels and Piaget. Richemont owns minority holdings in Cartier Monde SA and Rothmans International. This company has expanded across the world and reporting profits of €2005 million in 2013.
3 Anglo American (R364 million) - Anglo American is one of the world’s largest mining companies, is headquartered in the UK and listed on the London and Johannesburg stock exchanges. In South Africa it has operations in four of commodities; iron ore, thermal coal, platinum and diamonds. The company also employs more than 100,000 people and contractors are employed and it is the largest private sector employer in South Africa.
2 SABMiller (R485 million)- SABMiller is one of the world’s leading brewers with more than 200 beer brands and some 70,000 employees in more than 75 countries. The business started in 1895 and it was the first industrial company to list on the JSE in 1897. Part of its winning formula has been nurturing strong, local brands and building brand portfolios that meet the needs of consumers in each of its markets
1 BHP Billiton (R627 million) - BHP Billiton is among the world’s largest producers of major commodities including aluminium, coal, copper, iron ore, manganese, nickel, silver and uranium and has substantial interests in oil and gas.
Today it operates in 25 countries employing about 41,000 people.
The company was formed from a merger between BHP and Billiton in June 2001 making it one of the world’s largest diversified resources company.
Billiton’s roots trace back to 1852 from a tin mine on a little known Indonesian island of the same name and BHP or Broken Hill Proprietary began in a silver, lead and zinc mine in Broken Hill, Australia in 1885.
Today, the corporate strategy is based on owning an operating assets diversified by commodity, geography and market.