Bidford Company is a tier of the Bidvest Company that is involved in the agricultural line of business and is located in the Southern part of Africa, South Africa.
This company has interests in agriculture around South Africa. What makes it one of the richest and most valuable companies in Africa is the annual turnover which stands at over USD 7 billion.
Sasol limited is an integrated energy and chemical company based in Sandton, South Africa.
Formed in 1950, in Sasolburg, South Africa and built on processes that were first developed by German Chemists and engineers in the early 1900s, SASOL has interests in coal, oil, gas and more.
It recently made a$21 billion investment in a gas-to-fuel plant in the US and has a presence in 38 countries.
8. MTN Group
MTN Group is a major telecom company in South Africa which was earlier known as M-Cell started in 1994.
It has over 232 million customers, which makes it one of the richest companies in Africa. The group is the largest one in Africa and they are ranked at number 8 globally in terms of mobile networks.
It also has customers in over 20 nations with over 35% of the total revenue of this company from Nigeria.
7. The Bidvest Group
The Bidvest Group, based in South Africa, is an international services, trading and distribution company listed on the Johannesburg Stock Exchange which started in 1988 by Brian Joffe.
This company went public in 1990 and operates through four divisions which are Bidvest South Africa, Bidvest Foodservice, Bidvest Namibia and Bidvest Corporate.
Sonangol Group is a Company that is a parastatal and oversees petroleum and natural gas production in Angola.
Sonangol, Angola, is estimated to have over 5 billion barrels (790,000,000 m3) of offshore and coastal petroleum reserves, and new discoveries are outpacing consumption by a 5 to 1 ratio.
Imperial Holdings operates as an investment holding company with interest in retail, logistics, car rental, leasing, insurance, parts and industrial products distribution, and financial services.
The company is Ranked among the top 30 global logistics providers and listed on the JSE in South Africa, and has their presence in over 26 African countries.
SteinHoff International is a South African international retail holding company that is dual listed in Germany.
Steinhoff deals mainly in furniture and household goods, and operates in Europe, Africa, Asia, the United States, Australia and New Zealand.
SONATRACH is the national state-owned oil company of Algeria founded in 1963 and is known today to be the largest company in Africa with 154 subsidiaries, and often referred as the first African oil major.
Sonatrach gross sales was 1,530 billion Algerian dinars for a net income of 175 billion having approximately 120,000 workers, the company produces 30% of the GNP of Algeria.
2.The Standard Bank of South Africa.
The Standard Bank of South Africa Limited is a South African financial services group and is Africa’s biggest lender by assets. The company’s corporate headquarters, Standard Bank Centre, is situated in Simmonds Street, Johannesburg.
In 1992 the bank acquired the operations of ANZ Grindlays Bank in eight African countries. Most of the newly acquired banks were renamed StanBic Bank to avoid confusion with the former parent, Standard Chartered.
FirstRand Limited, also referred to as FirstRand Group is the holding company of FirstRand Bank, and is a financial services provider in South Africa. It is one of the financial services providers licensed by the Reserve Bank of South Africa, the national banking regulator.
Listed on the JSE and the Namibian Stock Exchange FirstRand Limited is one of the largest financial institutions in South Africa, and provides banking, insurance and investment products and services to retail, commercial, corporate and public sector customers.