Which companies make the most money in South Africa? (2024)

Which companies make the most money in South Africa?

First National Bank is the most valuable South African brand, worth $3.4bn.

Which company in South Africa makes the most money?

What is the name of the richest company in South Africa?

What is the most valuable company in South Africa?

First National Bank is the most valuable South African brand, worth $3.4bn.

Who are the biggest employers in South Africa?

The overall Top 20 Top Employers in South Africa starts off with Vodacom Group (South Africa) Ltd in first position, followed by HCL Technologies SA and Unilever SA. To distinctly summarise, these are the highest scoring companies that achieved a ranking continentally and in a specific African country.

Which industry is booming in South Africa?

What are the top 5 industries in South Africa?

Key economic sectors

Mining, transport, energy, manufacturing, tourism and agriculture.

Who is No 1 richest in South Africa?

Rupert maintains his title as richest South African and is the second richest person in Africa (behind Aliko Dangote of Nigeria). His net worth of $10.1 billion (R188.47 billion) is thanks to his wide array of investments.

Who is the richest black business man in South Africa?

Patrice Motsepe

However, his undeniable business acumen and determination to succeed have seen him become South Africa's first black billionaire and the first African to sign Bill Gates and Warren Buffet's Giving Pledge.

What American companies are in South Africa?

There are more than 600 US companies operating in SA, including tech giants such as Oracle, Google, Amazon Web Services, Vantage Data Centres and Microsoft.

Who makes money in South Africa?

The Currency Management Department works with its subsidiaries namely, the South African Mint Company (RF) Proprietary Limited (SA Mint), which mints coins, and the South African Bank Note Company (RF) Proprietary Limited (SABN), which prints banknotes.

What is the fastest growing company in Africa?

AFEX, specialising in brokerage and trade finance services for commodities such as maize, sorghum, cocoa, and rice, secures the 1st position with an impressive compounded annual growth rate (CAGR) exceeding 500% over three years.

What business makes the most money in Africa?

There are plenty of sectors in Africa that could use an innovation or two, but the most profitable industries to do business in are housing, waste management, technology, retail and agriculture. If you're skilled, these sectors can provide a high return on investment.

How many US companies are in South Africa?

“More than 600 U.S. Companies are operating in South Africa, and they can offer valuable perspective on the business environment, and what's working, and areas in which we can further develop our trade and investment relationship.

What is the largest occupation in South Africa?

As of the fourth quarter in 2023, most South African employees were working as elementary workers. Over 3.9 million people in South Africa were employed in that occupation. Individuals with jobs in sales and services followed with close to 2.9 million workers.

What are the top private companies in SA?

Peregrine tops research firm IBISWorld's latest list of the country's largest private companies with estimated annual revenue of $3.5bn, followed by Thomas Foods, car dealer and agribusiness CMV Group (estimated $1.7bn annual revenue) and retailer Drake Supermarkets (estimated $1.2bn annual revenue).

What is the fastest growing company in South Africa?

A total of 33 South African companies made it into the Financial Times/Statista 2023 annual ranking of Africa's 100 fastest growing companies, with cloud and software services provider Deimos Cloud the top-ranked local company.

What is currently high in demand in South Africa?

Jobs in finance and sales are the most in demand in South Africa, with the labour market taking a hit from the delayed start to the school year. This is according to Pnet's Job Market Trends Report, which looks at the jobs and sectors that have been most in demand over the previous month.

What is mostly in demand in South Africa?

Business & Management professionals are currently in highest demand when looking at advertised vacancies online. Managerial and leadership skills are in particularly high demand in the local employment market. For 2023, Finance is ranked the 2nd most in-demand job sector.

What industries are lacking in South Africa?

What is the fastest growing economic sector in South Africa?

While total GDP grew by 0.6%, quarter-on-quarter, agricultural GDP grew by 4.2% over the same period, making it the fastest-growing sector of the South African economy.

Which industry is the biggest employer in South Africa?

The public service space remains the largest employer in the country, says Public Service and Administration Minister, Ms Ayanda Dlodlo.

Who is the most powerful family in South Africa?

According to Forbes' real-time tracking of billionaires, Johann Rupert and family are the wealthiest in South Africa, with a net worth of $9.4 billion (R175. 7 billion). Much of the Ruperts' wealth is tied to the luxury goods business Richemont, which owns Cartier and Montblanc, and the holding company Remgro.

Is there a billionaire in South Africa?

South African Nicky Oppenheimer, who formerly ran diamond mining firm DeBeers before selling it to mining firm Anglo American a decade ago, ranks No. 3, with $9.4 billion, up $1 billion from 2023. Thirteen of the billionaires added to their fortunes this year, while seven saw their net worth decline.

Who is the richest family in Africa?