South Africa is the 2nd largest economy in Africa after Nigeria and this economy has birthed several multinational companies, billionaires, and millionaires. Here are some of the biggest companies in South Africa.
Annheuser Busch Inbev (ANH)
Anheuser-Busch InBev (AB InBev) is the largest brewer in the world, with a market share of about 25%. It was formed in 2008 from the merger of Anheuser-Busch and InBev. It is headquartered in Leuven, Belgium. The company has over 200 brands and employs over 150,000 people around the world.
Naspers Limited (NPN)
Naspers Limited is a multinational conglomerate company. It was founded in 1915 by Jan Nel and his wife Anna. Naspers is listed on the Johannesburg Stock Exchange and it’s headquartered in Midrand, South Africa. It also operates in over 130 countries and has over 300 subsidiaries. Naspers owns a controlling stake in Tencent, the largest Internet company in China, which has made it one of the most valuable companies on the African continent.
British American Tobacco Plc (BTI)
British American Tobacco Plc (BTI) is one of the largest companies in South Africa. It has a market capitalization of $72.2 billion, with annual revenue of $33.8 billion and a net income of $7.1 billion, as of February 2018. The company manufactures cigarettes, cigars, snuff, and other tobacco-related products and holds the leading position in South Africa’s tobacco market with a share of 40%.
Glencore
Glencore is an international company that deals in mining, metallurgy, and trading commodities.
-Glencore is one of the largest companies in South Africa.
-Glencore’s headquarters are in Baar Zug, Switzerland.
-It operates as a multinational corporation with registered offices in Switzerland and Johannesburg, South Africa.
-The company was founded by Marc Rich and Marcel Reichmann on December 18, 1974.
