Over 11,000 people work for these stores. Remgro Limited is a South African investment holding firm. Office Cherifien des Phosphates (The Some of these include Managem (mining), AttijariWafa (bank) and Marjane the supermarket chain. They are among the largest engineering companies in South Africa. Sasol has a total revenue amount of $14.8 billion. It has interests in internet communication, e-commerce, gaming as well as entertainment. He is known to be the current richest South African and second richest man in Africa after Aliko Dangote. What makes Exxaro one of the richest companies in Africa is its innovation. As of 2010, MTN Group has a total number of 17,510 workers under it. However, that has become history as his current net worth stands at $5.9 bn. Bidvest is located in Sandton, an affluent suburb in the Johannesburg Municipality. This company has a total revenue amount of $8.9 billion. It works more than 2,934 outlets in 15 nations across Africa and the Indian Ocean Islands. The biggest of them is what the name of the richest company in Africa is? This firm is in the domain of asset management and insurance. Sonangol has offices in America, Europe, and Asia. Their employee strength is over 6,200 people. Since then, Naftal has grown to become a public company with an income of 15.65 billion Algerian dollars. It has since then grown to expand from South Africa to even Nigeria as well as the United Kingdom. Sasol recruits 30,100 individuals globally and offers services to 33 countries. This separation and merger with Namakwa Sands & Eyesizwe Coal led to the birth of Exxaro in 2006. Its economy is the second-largest in Africa, and the 34th-largest in the world. The roots of Remgro Limited can be traced to the Voorbrand Tobacco Company that was formed in 1940. Besides, the company employs up to 137,000 workers. The Suez Canal Authority is tasked with the working and maintenance of the Suez Canal. In this area, it has also made efforts to make the treatment of HIV/AIDS more affordable. Apart from this, they are also a 51% owner of Air Algerie, a passenger and commercial airline company. In 2016, its annual turnover stood at USD 2.4 billion. Apart from that, it also runs 49 more stores outside South Africa. It is the largest distributor and wholesaler of these items across Africa. The Spar Group is one of the leading retailers globally. 10 Richest Banks in Africa with the Largest Assets in 2020. If anybody tells you that forex trading is not real, then show them this article as proof that it is. Their head office is known as the Safaricom House, which is present in Nairobi in Kenya. The country’s government owns most of the stake in this company. Sanlam is a financial services group that was founded in 1918. The main products of Safaricom are spread across mobile communication, e-commerce and fibre optic services. 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. Apart from copper, it is also a producer of Gold. This company offers its services to countries such as Nigeria, Ghana, Botswana, Uganda, Zambia, Kenya, and Mozambique. Absa is the richest company in South Africa with a total revenue of $9.7 billion. Its headquarters is currently in Braamfontein, South Africa. Sasol Ltd has its HQ in Sandton in South Africa. Further, it was also given a monopoly on natural gas in the country. Its annual turnover is in the range of R17.6 billion. Masswarehouse’s latest revenue estimates put the figure at over USD 1.9 billion. The sales of STEG crossed USD1.6 billion in 2018. The organization’s headquarter office area in the Western Cape region of South Africa. Its 2018 revenue estimate was at R25.55 billion. The company owns and operates over 41 different brands. Its destination network is across 94 countries and employs over 5,400 people. This packaged goods manufacturer began in 1996, setting up the operations base in South Africa. It has a market base in Africa as well as Australia. The Bidvest Group of South Africa is a distribution, foodservice and trading major. It is the biggest private healthcare provider in Africa. 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. Also, it is worth noting that they reported a turnover of over R62 billion in 2017. This is also the 8th biggest mobile network provider, globally. The company’s annual turnover estimate was R 37.14 billion in 2018. Their primary business is the production, distribution, and sales of many food and beverage products. This firm is known for brewing spirits, ciders and wines among other beverages. Shoprite Holdings Limited is a public organization recorded on the Johannesburg Stock Exchange. It now provides services in areas like car rentals, motor vehicle dealerships, logistics, and industrial equipment. In addition to all this, Datatec has also expanded into the cloud and mobile technology fields. Apart from this, they are also Africa’s largest telecom company. Masswarehouse is one of the major divisions of Massmart. 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. Mediclinic International PLC is a hospital management firm. It is a public utility provider and one of the richest companies in Africa. Telkom is partly private. The company has been around since 1982, with Ibrahim Salem as its founder. The South African government’s DPE or Department of Public Enterprises owns the majority of this company. However, over 80% of the firm’s business is cement production. With this Sibanye Stilwater is expected to boost its platinum and palladium production. It last had an annual turnover of R23.31 billion. Nicky Oppenheimer. A 2014 estimate put the number of retail stores under the JD group at 1,223. It also has operations in cane growing, milling and refining of sugar. The Harmony Gold Mining company is the 3rd largest gold mining firm in entire South Africa. The business tycoon’s assets are currently valued at … Recently it also began retailing in beauty products. It is also in charge of the largest oil fields in Africa. Sasol creates and deals with technology, including manufactured fuel innovations, and produces distinctive fluid fills, chemicals, and power. Engen Petroleum focuses on refined petrol products. They also bought Alliance Medical in 2016 for USD 727 million. It has several different store types, including Hypermarkets, Supermarkets, Liquor Stores, Pharmacies and boxer formats, among others. While it is based in South Africa, it is also traded on the stock exchanges of London, New York, Johannesburg as well as Brussels and Paris. Its presence is in over 14 nations across the continent. It employs an opencast digging technique in this mine. The Anglo America Corporation mutually holds Kumba Iron Ore with 3 more partners. In 2017, the annual turnover of this group stood at R31.9 billion. Old Mutual Life Assurance Company is a major banking and insurance group in Africa. They offer several schemes in medical insurance to suit various consumer needs. Almost 38% of the global platinum supply is from this company. Sonelgaz produces 29 billion kWh in a year and sells 4.6 billion cubic meters of gas. The largest supermarket retailer in Africa is ShopRite Holdings. They were first listed on the Johannesburg Stock Exchange in May 2016. 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. It also has operations in more than 33 countries. MTN Nigeria employed above 17,000 people and reported a revenue of USD 3.3 billion in 2015. 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 emergency hospitals at both ends of the Suez Canal. The following are the top 10 richest forex traders in South Africa, some hints about their wealth, and a few lessons that we can learn from them. It is a public limited firm with operations outside Africa as well. Cevital was started 22 years ago in 1998. In that year, Momentum Group and Metropolitan Holdings had a merger. Guinea Referendum Marred with Death and Violence, Coronavirus in Africa – All the Latest Updates, 29. Akon is the richest musician on the continent with a net worth of 80 million dollars. This company started in 1990 and grew to a 45,000-employee organization. Sonatel’s origin can be traced back to 1985. Its major investment has a focus on IT and telecom. The Bidvest Group is the employer of 130,877 employees. This is a mining and engineering contractor. The African economy is a mix of trade, agriculture, and human resources of the continent. This is the main telecom firm in morocco. Pioneer Foods is among the leading FMCG brands in South Africa. It is no surprise that this group’s annual turnover was well above €34.5 billion in 2017. This is a 174- year company that began in 1845 in Cape Town. From its global customers its roots in South Africa, you can not skip Eskom 16,! On expanded into engineering, contracting and industrial development were Coca Cola s! 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