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	ZAR183.90	5.34%	690.26B
FirstRand FSR.JO	ZAR101.03	0.26%	5.65B
Standard Bank Group SBK.JO	ZAR331.84	0.12%	5.39B
Gold Fields GFI	ZAR667.28	9.32%	596.83B
Capitec Bank CPI.JO	ZAR4,829.21	0.42%	5.59B
Vodacom VOD.JO	ZAR157.63	1.79%	3.05B
AngloGold Ashanti AU	ZAR1,572.91	9.85%	795.53B
MTN Group MTN.JO	ZAR205.50	0.98%	3.77B
Bid Corp BID.JO	ZAR434.99	0.59%	1.46B
Sanlam SLM.JO	ZAR89.19	0.10%	1.86B
Shoprite SHP.JO	ZAR286.21	0.12%	1.55B
Nedbank NED.JO	ZAR295.20	0.73%	1.35B
Harmony Gold HMY	ZAR322.04	9.14%	203.33B
Aspen Pharmacare APN.JO	ZAR152.21	0.09%	0.676B
Sasol SSL	ZAR180.96	2.04%	116.00B
The Bidvest Group BVT.JO	ZAR248.22	1.03%	0.844B
Discovery Limited DSY.JO	ZAR264.07	0.04%	1.77B
Impala Platinum IMP.JO	ZAR212.98	6.17%	1.91B
Clicks Group CLS.JO	ZAR216.00	1.19%	0.505B
Pepkor PPH.JO	ZAR21.80	1.40%	0.804B
Remgro Limited REM.JO	ZAR195.73	0.49%	1.09B
Sibanye-Stillwater SBSW	ZAR173.93	7.58%	125.82B
Old Mutual OMU.JO	ZAR13.11	0.92%	0.523B
Mr Price Group MRP.JO	ZAR180.14	1.62%	0.463B
Exxaro Resources EXX.JO	ZAR199.50	0.32%	0.467B
African Rainbow Minerals ARI.JO	ZAR185.97	4.55%	0.373B
Growthpoint Properties GRT.JO	ZAR17.67	0.11%	0.599B
Ninety One Group N91.L	ZAR49.09	0.45%	0.489B
Santam SNT.JO	ZAR409.00	0.40%	0.447B
The Foschini Group TFG.JO	ZAR57.56	1.61%	0.181B
Sappi SAP.JO	ZAR15.29	8.67%	0.093B
Tiger Brands TBS.JO	ZAR282.00	0.51%	0.412B
AVI Limited AVI.JO	ZAR91.04	0.60%	0.304B
Momentum Metropolitan MTM.JO	ZAR41.93	0.05%	0.54B
Dis-Chem Pharmacies DCP.JO	ZAR29.99	0.27%	0.257B
Redefine Properties RDF.JO	ZAR6.51	0.46%	0.454B
Pick n Pay Stores PIK.JO	ZAR19.05	0.26%	0.14B
Life Healthcare Group LHC.JO	ZAR11.63	0.34%	0.166B
DRDGOLD DRD	ZAR386.28	5.12%	33.51B
Telkom SA TKG.JO	ZAR54.28	1.93%	0.268B
Italtile ITE.JO	ZAR9.84	2.07%	0.117B
Lesaka Technologies LSAK	ZAR79.94	4.04%	6,858.31M