If you’re looking to get into the stock market but aren’t sure where to start, here are some of the best shares in South Africa for 2019. These companies are growing fast, have good earnings and dividend yields, and could be good candidates for your first investment!
British American Tobacco
British American Tobacco (BAT) is a multinational company which produces cigarettes, cigars and smokeless tobacco. BAT was founded on January 24, 1902 because of the merger of four companies:
- U.S.-based American Tobacco Company
- The Imperial Tobacco Company of Great Britain
- The Cuba Company Limited, also known as La Regente (founded in 1857)
- W.D. & H.O. Wills Limited
Naspers
Naspers is a multinational corporation that operates in the media, internet, and e-commerce sectors. Naspers was founded by Jan Gerrit Paulus Kruger in 1915 as a general merchanting company in the town of Vereeniging in the Transvaal.
The company’s name is derived from its original name “De Nationale Pasar” which was changed to “ABC Trading Company” when it moved premises to Johannesburg during World War I. Its head office remains in South Africa today, though the group has grown into one of Africa’s most powerful conglomerates with offices worldwide because of its investments across various industries such as television broadcasting and telecommunications, among others.
Netflix
Netflix is a global entertainment company that offers a wide variety of programming. It’s the world’s leading internet entertainment service with over 151 million paid memberships in over 190 countries enjoying TV series, documentaries, and feature films across a wide variety of genres and languages. Members can watch as much as they want, anytime, anywhere, on any internet-connected screen. Members can play, pause, and resume watching, all without commercials or commitments.
Shoprite
Shoprite is a leading retailer in Africa, with over 1,300 stores across the continent. It has been growing rapidly in recent years and is an attractive investment for the future.
Shoprite has a strong brand that’s known for its high-quality products, excellent customer service and fair pricing. The company aims to provide customers with value-for-money groceries at affordable prices while making a profit by selling products that are not available elsewhere on the market (such as fresh produce).
Gold Fields Limited
Gold Fields Limited is a gold mining company based in Johannesburg, South Africa. The company was founded in 1887 and produces gold, silver, copper and platinum group metals. Gold Fields Limited is listed on the JSE Securities Exchange under the symbol GFI.
The current share price of Gold Fields Limited (JSE: GFI) is 104.50 ZAR (+0.11%). The total amount of shares outstanding is 441.57 million. GFI’s market cap is 23B ZAR and its short interest ratio (percentage of days covered by short positions) stands at 0 days with 0% of currently outstanding shares being sold short by other investors and hedge funds alike.
Macfarlane Group
- Macfarlane Group is an investment holding company with interests in South Africa, Australia and the United Kingdom.
- Its main business is in the mining of coal and gold.
- The company has a market capitalization of $2.5 billion
Etsy
Etsy is an online marketplace that buyers usedused to buy unique goods. Sellers who use Etsy can create a shop, add their handcrafted or vintage items, and start selling them to buyers around the world.
With Etsy, you can be your own boss and run your own business from home. You get to set your own work hours, choose which products you want to sell, and decide how much you charge for what you’re selling. And since it’s all on your computer screen (and not in a store), there are no physical costs involved with getting started—just some time spent adding photos of the items you want to sell!
With over 1 million active sellers on Etsy right now (and almost half of those being women) it’s safe to say that people like buying handmade goods made by people just like them! This makes it easy for anyone with an idea for something new or old but who doesn’t have access.
Airbnb
- Listing on the stock exchange
- Reaching $30 million in revenue per month, according to the company’s website.
- Connecting people with a place to stay with travellers looking for accommodation.
