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	ZAR151.32	5.25%	566.03B
FirstRand FSR.JO	ZAR96.53	0.92%	5.37B
Standard Bank Group SBK.JO	ZAR311.73	0.47%	5.06B
Gold Fields GFI	ZAR620.87	2.94%	553.13B
Capitec Bank CPI.JO	ZAR4,911.26	0.01%	5.69B
Vodacom VOD.JO	ZAR164.61	1.35%	3.18B
AngloGold Ashanti AU	ZAR1,453.46	0.74%	735.12B
MTN Group MTN.JO	ZAR214.17	1.59%	3.93B
Bid Corp BID.JO	ZAR470.00	0.12%	1.57B
Sanlam SLM.JO	ZAR88.32	0.96%	1.85B
Shoprite SHP.JO	ZAR335.51	2.13%	1.81B
Nedbank NED.JO	ZAR297.88	1.01%	1.36B
Harmony Gold HMY	ZAR277.37	2.99%	173.92B
Aspen Pharmacare APN.JO	ZAR164.89	1.36%	0.714B
Sasol SSL	ZAR249.30	0.59%	159.81B
The Bidvest Group BVT.JO	ZAR247.74	1.61%	0.842B
Discovery Limited DSY.JO	ZAR277.02	0.30%	1.86B
Impala Platinum IMP.JO	ZAR179.32	0.52%	1.61B
Clicks Group CLS.JO	ZAR221.97	3.28%	0.519B
Pepkor PPH.JO	ZAR19.97	2.89%	0.736B
Remgro Limited REM.JO	ZAR209.80	0.10%	1.17B
Sibanye-Stillwater SBSW	ZAR154.60	0.43%	111.83B
Old Mutual OMU.JO	ZAR14.70	1.41%	0.594B
Mr Price Group MRP.JO	ZAR191.79	2.21%	0.493B
Exxaro Resources EXX.JO	ZAR179.07	3.51%	0.419B
African Rainbow Minerals ARI.JO	ZAR151.58	0.00%	0.292B
Growthpoint Properties GRT.JO	ZAR16.42	0.43%	0.556B
Ninety One Group N91.L	ZAR44.81	0.78%	0.427B
Santam SNT.JO	ZAR486.50	0.08%	0.531B
The Foschini Group TFG.JO	ZAR54.84	6.67%	0.173B
Sappi SAP.JO	ZAR11.02	15.43%	0.067B
Tiger Brands TBS.JO	ZAR270.54	0.00%	0.396B
AVI Limited AVI.JO	ZAR84.21	0.10%	0.282B
Momentum Metropolitan MTM.JO	ZAR40.89	0.94%	0.527B
Dis-Chem Pharmacies DCP.JO	ZAR24.85	1.39%	0.213B
Redefine Properties RDF.JO	ZAR6.62	0.15%	0.462B
Pick n Pay Stores PIK.JO	ZAR25.49	0.75%	0.187B
Life Healthcare Group LHC.JO	ZAR12.95	0.15%	0.185B
DRDGOLD DRD	ZAR402.92	0.61%	35.00B
Telkom SA TKG.JO	ZAR63.00	3.03%	0.311B
Italtile ITE.JO	ZAR7.90	0.63%	0.092B
Lesaka Technologies LSAK	ZAR58.59	13.77%	5,070.42M