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	ZAR182.74	0.80%	695.53B
FirstRand FSR.JO	ZAR90.48	1.58%	5.06B
Standard Bank Group SBK.JO	ZAR306.91	0.99%	4.98B
Gold Fields GFI	ZAR736.86	2.77%	659.06B
Capitec Bank CPI.JO	ZAR4,363.45	0.97%	5.05B
Vodacom VOD.JO	ZAR145.70	1.32%	2.82B
AngloGold Ashanti AU	ZAR1,644.15	1.65%	831.24B
MTN Group MTN.JO	ZAR209.87	0.37%	3.85B
Bid Corp BID.JO	ZAR409.92	0.02%	1.38B
Sanlam SLM.JO	ZAR86.48	1.11%	1.81B
Shoprite SHP.JO	ZAR285.25	0.36%	1.54B
Nedbank NED.JO	ZAR260.77	1.92%	1.19B
Harmony Gold HMY	ZAR288.54	0.34%	182.18B
Aspen Pharmacare APN.JO	ZAR146.20	1.10%	0.649B
Sasol SSL	ZAR210.62	3.02%	134.28B
The Bidvest Group BVT.JO	ZAR234.47	1.39%	0.797B
Discovery Limited DSY.JO	ZAR273.22	0.67%	1.83B
Impala Platinum IMP.JO	ZAR267.49	1.82%	2.40B
Clicks Group CLS.JO	ZAR264.91	0.33%	0.619B
Pepkor PPH.JO	ZAR22.51	1.05%	0.833B
Remgro Limited REM.JO	ZAR189.05	1.72%	1.05B
Sibanye-Stillwater SBSW	ZAR216.37	1.86%	156.51B
Old Mutual OMU.JO	ZAR13.39	2.19%	0.537B
Mr Price Group MRP.JO	ZAR158.57	0.27%	0.409B
Exxaro Resources EXX.JO	ZAR213.00	2.86%	0.499B
African Rainbow Minerals ARI.JO	ZAR230.55	1.91%	0.463B
Growthpoint Properties GRT.JO	ZAR16.30	0.85%	0.552B
Ninety One Group N91.L	ZAR48.51	1.09%	0.438B
Santam SNT.JO	ZAR395.79	0.95%	0.432B
The Foschini Group TFG.JO	ZAR69.79	2.24%	0.224B
Sappi SAP.JO	ZAR14.19	0.28%	0.086B
Tiger Brands TBS.JO	ZAR289.68	1.30%	0.439B
AVI Limited AVI.JO	ZAR98.66	0.81%	0.329B
Momentum Metropolitan MTM.JO	ZAR38.17	0.86%	0.492B
Dis-Chem Pharmacies DCP.JO	ZAR36.48	0.19%	0.313B
Redefine Properties RDF.JO	ZAR6.20	1.43%	0.431B
Pick n Pay Stores PIK.JO	ZAR19.09	0.31%	0.14B
Life Healthcare Group LHC.JO	ZAR11.05	1.95%	0.158B
DRDGOLD DRD	ZAR468.66	2.06%	40.65B
Telkom SA TKG.JO	ZAR58.56	0.32%	0.288B
Italtile ITE.JO	ZAR8.72	0.80%	0.104B
Lesaka Technologies LSAK	ZAR81.53	1.43%	6,855.28M