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	ZAR146.44	1.35%	547.79B
FirstRand FSR.JO	ZAR94.37	0.53%	5.25B
Standard Bank Group SBK.JO	ZAR309.74	0.07%	5.02B
Gold Fields GFI	ZAR682.48	1.22%	608.02B
Capitec Bank CPI.JO	ZAR4,506.32	1.05%	5.22B
Vodacom VOD.JO	ZAR152.01	0.01%	2.94B
AngloGold Ashanti AU	ZAR1,656.72	1.32%	837.92B
MTN Group MTN.JO	ZAR197.96	1.07%	3.63B
Bid Corp BID.JO	ZAR447.48	0.67%	1.50B
Sanlam SLM.JO	ZAR82.24	0.10%	1.72B
Shoprite SHP.JO	ZAR319.92	0.43%	1.73B
Nedbank NED.JO	ZAR298.01	2.41%	1.36B
Harmony Gold HMY	ZAR308.82	4.62%	193.00B
Aspen Pharmacare APN.JO	ZAR164.38	5.68%	0.712B
Sasol SSL	ZAR220.40	1.17%	141.28B
The Bidvest Group BVT.JO	ZAR232.00	0.71%	0.789B
Discovery Limited DSY.JO	ZAR268.57	1.35%	1.80B
Impala Platinum IMP.JO	ZAR227.77	1.12%	2.04B
Clicks Group CLS.JO	ZAR206.47	1.15%	0.478B
Pepkor PPH.JO	ZAR18.44	0.88%	0.68B
Remgro Limited REM.JO	ZAR204.71	1.27%	1.14B
Sibanye-Stillwater SBSW	ZAR180.90	4.55%	130.86B
Old Mutual OMU.JO	ZAR13.99	0.79%	0.565B
Mr Price Group MRP.JO	ZAR161.85	0.78%	0.416B
Exxaro Resources EXX.JO	ZAR184.17	0.05%	0.431B
African Rainbow Minerals ARI.JO	ZAR173.46	0.77%	0.348B
Growthpoint Properties GRT.JO	ZAR16.05	1.58%	0.544B
Ninety One Group N91.L	ZAR47.04	3.15%	0.451B
Santam SNT.JO	ZAR413.04	0.23%	0.451B
The Foschini Group TFG.JO	ZAR49.87	0.95%	0.157B
Sappi SAP.JO	ZAR12.38	6.71%	0.075B
Tiger Brands TBS.JO	ZAR273.95	0.88%	0.4B
AVI Limited AVI.JO	ZAR85.12	0.46%	0.284B
Momentum Metropolitan MTM.JO	ZAR38.64	3.04%	0.498B
Dis-Chem Pharmacies DCP.JO	ZAR27.10	0.93%	0.232B
Redefine Properties RDF.JO	ZAR6.05	2.72%	0.422B
Pick n Pay Stores PIK.JO	ZAR19.28	3.32%	0.142B
Life Healthcare Group LHC.JO	ZAR11.80	2.40%	0.169B
DRDGOLD DRD	ZAR418.85	2.02%	36.39B
Telkom SA TKG.JO	ZAR53.52	2.22%	0.264B
Italtile ITE.JO	ZAR8.41	0.94%	0.098B
Lesaka Technologies LSAK	ZAR67.94	0.48%	5,830.86M