The organization’s corporate base camp, Standard Bank headquarters, is located in Simmonds Street, Johannesburg. As of 2010, MTN Group has a total number of 17,510 workers under it. Charlize Theron. The store has been considering expansions into many other nations in Africa too. Its headquarters is currently in Braamfontein, South Africa. Truworths International is one of the largest retail clothing chains in South Africa. Its customer base is above 25.7 million people. The richest companies in Africa in the banking sector began 182 years ago in 1838. With a revenue of USD 4 billion in 2016, its presence as one of the richest companies in Africa is no surprise. With a USD 2.19 trillion GDP, the African economy has been showing signs of growth in the last two decades. This company is an integrated chemical and energy company. The Bidvest Group of South Africa is a distribution, foodservice and trading major. This figure stands at over USD 7 billion. Murray & Roberts Holdings employ over 20,000 people as per a 2017 estimate. Ethio Telecom’s offerings include fixed-line, broadband, and mobile services. It has since grown interests from Platinum to cobalt, copper as well as nickel. It also has interests in mining, food & beverage and petroleum sectors. They are working towards mines with zero emissions and wastes. They have holdings in more than 300 different companies. This airline has 44 cargo and 125 passenger destinations. The company deals in metal and mining services. Pioneer saw a sales number of R20.15 billion in 2018. He is a man of great taste, living in some of the most high-end locations in South Africa and owning an exquisite multi-million Rand house in Los Angeles. The total capacity of these tanks stands around 1 million cubic meters. It has a market base in Africa as well as Australia. It also has operations in cane growing, milling and refining of sugar. They dominate our economy and many are multinationals listed on other foreign exchanges. Apart from this, they are also Africa’s largest telecom company. They manufacture, prepare, import and distribute cement. Almost 18,000 people work for the firm, with Michael Stanley Wylie serving as the chairman. The annual sales of Kansanshi Mining are close to USD 1.5 billion as of 2018. The Life Healthcare Group was found in the year 1983. It was also the major sponsor of a cycling team named after it. Since then, Naftal has grown to become a public company with an income of 15.65 billion Algerian dollars. Notify me of follow-up comments by email. The Foschini Group retail stores have a strong presence outside Africa as well, including in the United Kingdom and Australia. They are involved in everything, right from the auto industry to commercial products to freight and much more. This is located 60 kilometres from Tunis. MTN Group is also one of the sponsors of Manchester City F.C, which is an English soccer club. La Société tunisienne des industries de raffinage, 77. Apart from this, Sonangol also has its interests in technology and real estate. The company deals in financial services and is headquartered in Johannesburg. MTN Group South Africa was earlier known as M-Cell. Consider Constructions is among Algeria’s largest construction firms. Soc. As per the sales volumes, STEG is Tunisia’s largest firm. In the same year, it also reported an employee count of 10,730. All these services are provided in markets in Africa and beyond, including Europe and Asia. Massmart Holdings Ltd is among the largest merchandise retailers in Africa. RCL also owns a 64.2% stake in Foodcorp, a South African packaged food firm. It is also a major representative of brands such as L’Oreal, Clinique and Revlon, among others. The firm started as a family clothing store. Net Worth: R27.72 billion; Date of Birth: January 28th, 1962; Patrice Motsepe is the first and only black man among South Africa’s dollar billionaires. It is also expanding into short- & long-term rentals of cars. Top 10 Richest Companies In The World (2020 Update) Joel Kuruye October 1, 2020 Over the past decades and centuries, some corporations and firms have through sheer diligence, hard work and enormous amount of resilience built their brands from the scratch up to the global center stages that they sit on today. In the year 2018, Telkom had an R 41.7 billion turnover. Since South Africa’s democracy in 1944, the country has been dedicated and has witnessed tangible developments. Transnet Pipelines takes care of the pipeline assets, and Transnet Freight Rail is the freight rail division. Their turnover in 2018 was an estimated R32.06 billion. It provides wireline as well as remote media communication in the South African region. These locations together account for a client base of over 10 million people. This company ranks 11 in the world in comparison to other oil majors. Its annual turnover is in the range of R17.6 billion. This makes it the richest company in Africa in this segment. Top 10 Richest Forex Traders In South Africa… Around 2/3rds of its area is for petroleum storage, which is done in 60 tanks. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window). Allied Electronics Corporation is a provider of electrical equipment based in South Africa. MTN, Nigeria also has a presence in over 20 nations. 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. It is also the owner of the biggest pharmacy chains. Located in the ‘City of Gold’ Johannesburg, Gold Fields Limited is a gold mining firm and one of the richest companies in Africa. However, that has become history as his current net worth stands at $5.9 bn. Pioneer Foods is among the leading FMCG brands in South Africa. Brands under SABMiller were the likes of Millers and Fosters. This chain makes it to this list of one of the richest companies in Africa with its revenue of R70.5 billion. 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. Mediclinic International PLC is a hospital management firm. Vivendi later purchased this share in 2001. In 16 years, it has reached a revenue of over USD 5 billion. They also reported revenue of over USD 5 billion in 2015. It has since grown into a retail giant having 728 stores in just South Africa. Moreover, the Bidvest Group serves only in African countries. The global employment count of Distell stands at 5,300 around the world. El Sewedy Electronics was a family business that began in 1938 by the El Sewedy family. Continue Reading The Richest man in south Africa 2020 Johann Rupert – $ 5.5 billion. All of this incorporates several business lines and products. Until its acquisition in 2016, this was one of the top 5 brewing companies in the world. Significant investors incorporate the South African Government Employees Pension Fund, Industrial Development Corporation of South Africa Limited (IDC), Allan Gray Investment Counsel, Coronation Fund, Investec Asset Management, and others. As of 2018, the company recorded a turnover of R74.58 billion with an employee strength of almost 25,000. Nassef Onsi Sawiris (born in 1961) is an Egyptian billionaire businessman, the youngest of Onsi Sawiris’ three sons (his brothers are Naguib and Samih). It is also in charge of the largest oil fields in Africa. 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. They operate many power stations along with Africa’s first nuclear power plant. Apart from gold, it is also a major producer of Uranium oxide and silver. It was earlier known as M-Cell and was started in 1994. This firm is also the major supplier of steel to Europe, Canada, China, and the USA. It has since then grown into a company with an income of over USD 382 million. They provide both wireless and wired communication across the continent. Patrice Motsepe. It is also a major trading firm that operates in Africa and abroad. Sonatel has been actively working in the set up of fibre optics throughout Africa. Apart from the mentioned mineral resources, South Africa also has a rich and ideal climate condition for a perfect agricultural system. Most of its customer and export base lies in the Indian Ocean Islands and Africa. In 2018, the MRP group posted sales of over R 21 billion. It has over 232 million customers, which makes it one of the richest companies in Africa. The group provides insurance, banking, and investment products. Their high-quality uranium and gold operations are across the Witwatersrand basin. This is the story of Sanlam, which started 102 years ago dealing with just life insurance. The merger of Gencor Limited and Gold Fields of South America Ltd led to its birth. Sasol Limited is an incorporated energy and chemical organization situated in Sandton, South Africa. As one of the best motivational speakers and keynote speakers alive today he has spoken in 4 of the 7 continents to over 250 000 people each year… Apart from this, it is also in the production of glass, metals, plastic and papas. The firm had a turnover of close to NGN 619 billion in 2018. It has an employee count of over 6,648 with revenue estimates of R 20.8 billion as of 2016. The Spar Group is one of the leading retailers globally. The total revenue of the Standard bank group is $9.6 billion. The bank has a presence in not just Africa but in Asia and Europe too. This is a public firm traded on the Johannesburg Stock Exchange. The main task of this organization is importing and refining crude oil. They are among the largest engineering companies in 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. These sales volumes stood at USD 1.4 billion in 2018. Cevital was started 22 years ago in 1998. Some of its most famous projects include the Gaza Strip Airport, the Aswan High Dam and the Luxor International Airport among others. Its 2018 revenue estimate was at R25.55 billion. Sonangol has offices in America, Europe, and Asia. Engen has a presence in 17 nations and also exports to 30 other nations. In 2018, Telkom had USD 3.08 billion in revenues. There are multitudinous companies and firms in South Africa. From there on, they have expanded into warehousing as well as synchronization management. It also has operations outside Africa in several Asian and European nations. FirstRand is the richest company that has its presence in eight countries in Africa, including the likes of Ghana, Swaziland, Nambia, and Nigeria, among others. The top 10 richest celebrities in South Africa include the following; Top 10 Richest Celebrities In South Africa 2020 1. Here is a carefully curated list. Besides, it is the largest corporate taxpayer in South Africa. Besides, the company has an international office in London and New York. Sonelgaz is a state-owned utility firm in Algeria. This is a publicly-traded firm listed on the Johannesburg Stock Exchange. Their operations are both in and outside South Africa. In 2017, a turnover of R35.03 billion was reported by Wilson Bayly Holmes-Ovcon. It also has several notable acquisitions to its name, such as the Retail Apparel Group in Australia. The Harmony Gold Mining company is the 3rd largest gold mining firm in entire South Africa. RELATED: TOP 20 RICHEST COMPANIES IN NIGERIA. However, its presence is not in Africa alone. In addition to this, it also had assets of USD 13.7 billion. They provide private hospitals in South Africa. Sonatel’s origin can be traced back to 1985. The company was incorporated in the year 1991. It is a public telecom company that started in 1994. It also has customers in over 20 nations. This is the biggest starch and glucose maker in Africa. It has since grown to become a firm that employs over 22,200 people. This figure alone makes it the richest company in Africa that deals in short-term insurance. The group was fully nationalized 14 years later in 1975. This group was formed due to the merger of the Tongaat Sugar Company with Hulett’s Sugar. Outside Africa, it also has branches in India, Guernsey as well as London. They are currently planning to expand into Ghana and Nigeria. Telkom is also a major provider of ADSL retail and ISP services for corporates. Their head office is in Hydra in Algeria. The company has a total revenue amount of $10 billion. MTN group recorded its 232.6 million subscriber achievement in 2016. However, its presence is not in Africa alone. Omnia Holdings also produces and distributes polymers and chemicals. Their employee strength is over 6,200 people. Currently, it is a 25,000-people organization. Apart from its global presence, its turnover also makes the Liberty group among the richest company in Africa. The economy of the country largely depends on the tourism and its oil resources. Each of these startups is getting a $38,000 funding and more in the form of support services. The is the owner and managers of the major ports of South Africa. 1. As of 2020, his net worth was estimated to be $6.3 billion, and the fourth richest African in 2020, according to Forbes #5 Johann Rupert $5.3 B His palace’s daily operating budget is estimated at $960,000. Apart from this, they are also a 51% owner of Air Algerie, a passenger and commercial airline company. With that, let’s go ahead and explore the 100 richest companies in Africa. It is one of the largest wholesalers and distributors of fresh produce in Africa. This company offers its services to countries such as Nigeria, Ghana, Botswana, Uganda, Zambia, Kenya, and Mozambique. Besides, in this article, the richest companies in South Africa will be addressed. MTN Group is a major telecom company in South Africa. The task of providing marine infrastructure and port infra is with the Transnet National Port Authority. Outside Africa, Gold Fields owns 4 mines in Australia as well. SABMiller South Africa is a beverage and brewing company with its headquarters now in England. The Dangote Group is West Africa’s largest multi-industry company. 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. The group also owns a 45% stake in Cell C, which is among the top 4 telecom firms in South Africa. Required fields are marked *. This Johannesburg complex is known as the Bushveld Igneous Complex. Nicholas F. Oppenheimer was born on the 8th of June 1945. South Africa is the southernmost country in Africa.It is the 25th-largest country in the world … Dissolving pulp finds many uses, including textiles and ethers. This is the national airline of Ethiopia. Irene Charnley Net Worth: $151 Million; Industry: Telecoms. MTN Nigeria employed above 17,000 people and reported a revenue of USD 3.3 billion in 2015. The business tycoon’s assets are currently valued at … Their headquarters are located in Cape Town, South Africa. The largest supermarket retailer in Africa is ShopRite Holdings. However, the most surprising aspect of one of the richest companies in Africa is its employee strength. All these numbers, with its 18,000 plus employee strength, making it one of the richest companies in Africa. The firm now has its presence across 18 countries globally. They employ over 120,000 people and make 30% of Algeria’s total GNP or Gross National Product. It has its headquarters located at Johannesburg, South Africa with Stephen Robert as his Binnie as his CEO. Read the below piece to know more about the companies. The main competitors of this firm include TelkomSa, Internet Solutions, as well as Business Connection. 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. He was born in 1983 and currently resides in South Africa. In addition to that, most of the nations’ fuel pipelines and rail services are also run by Transnet. She is the sister to South Africa’s richest black entrepreneur Patrice Motsepe and to the first lady of South Africa Tshepo Motsepe Ramaphosa. Over 11,000 people work for these stores. 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 company does not only provide platinum but also, a great number of other mineral materials such as thermal coal, copper, diamonds, nickel, and iron ore. For now, Anglo American has up to 90,000 workers under it. This is an electricity public-utility in South Africa. The group has its head office in Durban in South Africa. Along with this, it has an employee strength of 2,600. Innovation and a continuous focus on improvement is key to its working. 10. All these things come together to create a very interesting mix of businesses spread across its 54 countries. Country: South Africa. The revenue of Safaricom in 2018 was at KES242.14 billion. A 2014 estimate put the number of retail stores under the JD group at 1,223. Earlier known as M-Cell, MTN is a multinational telecom company. He happens to have a 6 billion plan of building Africa's largest city. Sonatel or the Société Nationale des Télécommunication is the main telecom firm of Senegal. This company has interests in agriculture around South Africa. Eskom is Africa’s largest electricity producer. This division is behind the operations of Makro and the Fruitspot. Known in real life as Nkosinathi Innocent Maphumulo, Black Coffee is … Angola currently has more than 5 billion barrels in coastal and offshore petrol reserves. Africa’s richest man. Sonelgaz produces 29 billion kWh in a year and sells 4.6 billion cubic meters of gas. SNI went public in 1994. The South African government’s DPE or Department of Public Enterprises owns the majority of this company. Black Coffee is the second richest artist in Africa after Akon. Sasol reported a revenue of over USD 21.8 billion last year. One-third of this company’s revenue comes from Nigeria where it gains over 35% market shares. The firm touched annual sales of USD 1.4 billion. What started as an insurance company in 1918 has grown to be a full financial service provider. Cevital is Algeria’s largest multi-industry firm. Over 45,000 people work for the Massdiscounters retail chain. DiounWired is a store selling technological solutions, primarily hi-tech and multimedia. The firm is counted as among the most ‘Empowered Companies’ present on the Johannesburg Stock Exchange. Apart from that, it also runs 49 more stores outside South Africa. This company initially started as just a family business and grew to be the largest food company in the continent. The country is among the largest oil producers of Africa. It is the biggest private healthcare provider in Africa. Below is a list of young people who are the richest in South Africa: 1. Last year (2019), they reported a revenue of approximately USD 3.6 billion. Apart from these, Netcare is also supporting 35 health-tech startups in Africa. Their presence is across Africa, Australia, and Europe. The Tongaat Hulett Group found in 1892 is into agriculture and agro-processing. It seems that this family has done well for themselves. The group also had its headquarters with Massmart in Sandton, South Africa. Its 100% ownership is with the government of Ethiopia. The Arab Contractors or the Al Mokawloon Al Arab is a massive construction and contracting firm. This group was known as Afrox Healthcare Limited before it went through the name change. It was started in 1981 by government order. This group is a provider of cable services in the Netherlands along with other content businesses. Apart from this, the Foschini Group also bought Phase Eight, a major chain in the United Kingdom. Also, it was the first multinational company in Egypt and is the core of the Orascom Group. This is a 174- year company that began in 1845 in Cape Town. 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. They offer several schemes in medical insurance to suit various consumer needs. Wendy Appelbaum. Besides, the company employs up to 137,000 workers. Bidford is present on four continents and was first started in 1999. 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. MTN has its headquarters in Johannesburg. In addition to all this, Datatec has also expanded into the cloud and mobile technology fields. Osman Ahmed Osman established this firm in 1955. Its HQ is in Parktown in Johannesburg at the Inyanda House. Masswarehouse’s latest revenue estimates put the figure at over USD 1.9 billion. Net Worth: R1.6 Billion; The richest celebrity in South Africa is Charlize Theron and her richness has been known to stem from her filmography. Top 10 Richest List, Interesting Rankings Hub. This, along with its employee strength of 20,479, makes it the leading firm in the region. Although there are a lot of affluent companies and organizations in South Africa, the richest ones have been listed above. Currently, the group has 442 stores across Sub-Saharan Countries and South Africa. The same shares were then sold to Etisalat for a value of USD5 billion. The National Refinery of Tunisia is under La Société tunisienne des industries de raffinage. This acquisition was valued at around ZAR151 million. Apart from cement, it also produces and distributes related products as well as different variants of cement. The group has significant holdings in Australia Middle East, South East Asia, and North & South America. Blue Label Telecom also acquired Airvantage in 2018. Some of the main mineral materials in South Africa are high-quality gold, tin, diamond, platinum, coal, iron ore, and copper. This company was earlier known as Anglovaal Engineering. A 2016 count puts its employee strength at 5,749. Netcare or Network Healthcare Holdings is one of the major health care firms in South Africa. Richest Men In South Africa And Their Net Worth (2020) 1. It has a majority stake of 53% in the Distell Group. Its major investment has a focus on IT and telecom. The total revenue of this company is $8.2 billion. The mine is at the Old Congo Road, which is 10 kilometres from Solwezi Town. This group was Life Healthcare’s biggest rival. Like Bishop David Oyedepo, Prophet Shepherd Bushiri is also estimated to have a net worth of $150 million. 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