In this article, we discuss the 5 most valuable South African companies. For a more detailed analysis of South Africa and a more comprehensive list, you can navigate to the 15 Most Valuable South African Companies piece.
5. Vodacom Group Ltd (JSE:VOD)
Market Capitalization: $17.57 Billion
Vodacom Group Ltd (JSE:VOD) is a South African mobile communications company that provides services including voice, messaging, mobile broadband data and network convergence. The company’s operations span beyond South Africa and include networks in Tanzania, The Democratic Republic of Congo, Mozambique and Lesotho, and it provides corporate services to over 32 African countries. Vodacom Group Ltd (JSE:VOD) is the third largest mobile operator in Africa, providing a financial services interface to act as a marketplace for its customers.
4. MTN Group Limited (JSE:MTN)
Market Capitalization: $18.17 Billion
MTN Group Limited (JSE:MTN) is a multinational mobile telecommunications company headquartered in Johannesburg. Operating in over 21 countries, MTN Group Limited (JSE:MTN) has accumulated over 280 million subscribers as of the end of 2020, thus securing their position as the eigth largest telecommunications company in the world and the largest in all of Africa.
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3. FirstRand Limited (JSE:FSR)
Market Capitalization: $23.17 Billion
FirstRand Limited (JSE:FSR), also known as FirstRand Group, is a financial services provider in South Africa, licensed by the Reserve Bank of South Africa and serves as a holding company for FirstRand Bank. With its headquarters in Johannesburg, FirstRand Limited (JSE:FSR) operates in over eight key African countries, in addition to South Africa, including Nigeria, Lesotho and Mozambique. Providing services ranging from banking, insurance and investments to its customers in the retail, commercial, corporate and public sectors, FirstRand Limited (JSE:FSR) was listed in the Johannesburg Stock Exchange (JSE) as the largest financial corporation in terms of market capitalization in Africa.
2. Anglo American Platinum Ltd (JSE:AMS)
Market Capitalization: $29.74 Billion
Anglo American Platinum Ltd (JSE:AMS) is the world’s largest primary producer of Platinum Group Metals (PGMs). Operating mostly in the northwest and northeast of Johannesburg, Anglo American Platinum Ltd (JSE:AMS) mines and produces a range of PGMs, including palladium, rhodium, osmium, and iridium, while also accounting for over 38% of the world’s annual supply of platinum. Due to its variable usage and integration into different products, including jewelry, autocatalytic converters, fuel cells, and fertilizers, to name a few, the value of PGMs has seen Platinum rise to become a prime investment commodity alongside gold.
1. Naspers Limited (JSE:NPN)
Market Capitalization: $76.51 Billion
Naspers Limited (JSE:NPN) is a South African multinational holding company, with its headquarters in Cape Town. Specializing in publishing, online retail, and venture capital investing in the consumer internet sector of South Africa, Naspers Limited (JSE:NPN) is the parent corporation of and wholly owns, Media24, the largest media printing, and publishing company in Africa, Takealot.com, South Africa’s largest online retailer, and Naspers Foundry, while also holding a 56.92% stake in Prosus N.V (AMS:PRX). With over 28,000 employees, a revenue of $29.6 Billion for the FY 2021, and a market cap of $71 Billion, Naspers secures the number 1 spot in our list of most valuable South African companies.
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