Largest Listed Companies in South Africa by Market Cap

Founded in 1887 during the Witwatersrand gold rush, the JSE Limited in Sandton is Africa’s most valuable stock exchange, accounting for roughly 60% of the continent’s entire equity market value. Around 400 companies are listed on the JSE, and the FTSE/JSE Top 40 Index — managed by FTSE Russell — captures the 40 largest of them, representing over 80% of total JSE market capitalization.

What makes the South African stock market unusual is how many of its heaviest-weighted names are global multinationals with dual or secondary listings. Several of the largest South African companies by market cap earn the majority of their revenues outside the country:

• Mining & commodities: Anglo American (platinum, diamonds), BHP Group, and Glencore — all dual-listed with major international operations.
• Technology & internet: Naspers, a media group founded in 1915, and its spin-off Prosus N.V. (primary listing on Euronext Amsterdam), which holds significant global tech investments.
• Luxury goods: Compagnie Financière Richemont, the Swiss-listed jewellery and watch house founded by South African businessman Johann Rupert.
• Beverages & tobacco: Anheuser-Busch InBev, the world’s largest brewer, and British American Tobacco, both with secondary JSE listings.
• Financial services: FirstRand and Standard Bank, two of the JSE’s largest domestically focused companies.

All South African stocks on the JSE trade in South African Rand (ZAR). The exchange originally listed only mining firms, but has since expanded across banking, retail, technology, and consumer goods. The JSE was also the first stock exchange in the world to require integrated reporting from its listed companies.

For a broader view, see the largest companies in the world by market cap or explore the largest global mining companies.

The table below lists the largest South African publicly traded companies by market capitalization, including companies principally listed on the JSE regardless of where they operate. Prices and market cap figures are updated regularly.

Largest listed companies in South Africa

Stock	Price	Change %	Marketcap
Naspers NPSNY	ZAR180.17	1.25%	694.37B
FirstRand FSR.JO	ZAR86.36	1.70%	4.83B
Standard Bank Group SBK.JO	ZAR294.43	1.73%	4.78B
Gold Fields GFI	ZAR698.96	4.66%	625.59B
Capitec Bank CPI.JO	ZAR4,055.54	1.14%	4.70B
Vodacom VOD.JO	ZAR143.61	0.55%	2.77B
AngloGold Ashanti AU	ZAR1,463.23	7.01%	738.95B
MTN Group MTN.JO	ZAR193.32	0.26%	3.54B
Bid Corp BID.JO	ZAR399.76	1.20%	1.34B
Sanlam SLM.JO	ZAR87.04	0.76%	1.82B
Shoprite SHP.JO	ZAR271.57	1.14%	1.47B
Nedbank NED.JO	ZAR263.27	0.09%	1.23B
Harmony Gold HMY	ZAR240.68	5.71%	151.96B
Aspen Pharmacare APN.JO	ZAR128.92	0.40%	0.572B
Sasol SSL	ZAR209.06	0.16%	133.28B
The Bidvest Group BVT.JO	ZAR224.43	0.91%	0.763B
Discovery Limited DSY.JO	ZAR248.85	0.11%	1.67B
Impala Platinum IMP.JO	ZAR220.05	2.63%	1.98B
Clicks Group CLS.JO	ZAR289.19	0.02%	0.676B
Pepkor PPH.JO	ZAR22.91	0.82%	0.848B
Remgro Limited REM.JO	ZAR178.29	0.39%	0.991B
Sibanye-Stillwater SBSW	ZAR193.84	0.71%	140.22B
Old Mutual OMU.JO	ZAR13.41	1.83%	0.564B
Mr Price Group MRP.JO	ZAR154.20	0.50%	0.397B
Exxaro Resources EXX.JO	ZAR215.41	1.10%	0.52B
African Rainbow Minerals ARI.JO	ZAR214.72	0.42%	0.414B
Growthpoint Properties GRT.JO	ZAR16.04	0.50%	0.543B
Ninety One Group N91.L	ZAR50.09	1.35%	0.453B
Santam SNT.JO	ZAR396.57	0.30%	0.433B
The Foschini Group TFG.JO	ZAR70.20	0.06%	0.226B
Sappi SAP.JO	ZAR16.86	2.15%	0.102B
Tiger Brands TBS.JO	ZAR283.24	0.41%	0.429B
AVI Limited AVI.JO	ZAR101.91	0.56%	0.34B
Momentum Metropolitan MTM.JO	ZAR35.20	0.14%	0.453B
Dis-Chem Pharmacies DCP.JO	ZAR34.14	0.38%	0.293B
Redefine Properties RDF.JO	ZAR5.93	1.33%	0.412B
Pick n Pay Stores PIK.JO	ZAR19.04	0.37%	0.139B
Life Healthcare Group LHC.JO	ZAR11.02	1.47%	0.158B
DRDGOLD DRD	ZAR464.78	4.02%	40.87B
Telkom SA TKG.JO	ZAR60.51	0.55%	0.298B
Italtile ITE.JO	ZAR8.64	0.69%	0.103B
Lesaka Technologies LSAK	ZAR84.79	3.88%	7,129.27M