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	ZAR164.71	2.82%	622.65B
FirstRand FSR.JO	ZAR99.02	0.14%	5.54B
Standard Bank Group SBK.JO	ZAR327.87	2.21%	5.32B
Gold Fields GFI	ZAR571.45	10.03%	511.12B
Capitec Bank CPI.JO	ZAR4,708.54	1.14%	5.46B
Vodacom VOD.JO	ZAR144.72	1.82%	2.80B
AngloGold Ashanti AU	ZAR1,399.42	6.40%	707.58B
MTN Group MTN.JO	ZAR222.39	3.59%	4.08B
Bid Corp BID.JO	ZAR432.61	0.38%	1.45B
Sanlam SLM.JO	ZAR90.15	0.13%	1.88B
Shoprite SHP.JO	ZAR297.63	0.46%	1.61B
Nedbank NED.JO	ZAR279.78	0.60%	1.28B
Harmony Gold HMY	ZAR265.98	4.97%	167.94B
Aspen Pharmacare APN.JO	ZAR152.60	1.07%	0.678B
Sasol SSL	ZAR185.68	4.78%	118.38B
The Bidvest Group BVT.JO	ZAR246.04	0.11%	0.836B
Discovery Limited DSY.JO	ZAR288.12	0.21%	1.93B
Impala Platinum IMP.JO	ZAR187.73	4.30%	1.69B
Clicks Group CLS.JO	ZAR238.70	1.75%	0.558B
Pepkor PPH.JO	ZAR22.50	0.88%	0.83B
Remgro Limited REM.JO	ZAR195.81	0.51%	1.09B
Sibanye-Stillwater SBSW	ZAR154.59	2.84%	111.82B
Old Mutual OMU.JO	ZAR13.64	0.29%	0.544B
Mr Price Group MRP.JO	ZAR175.17	0.18%	0.45B
Exxaro Resources EXX.JO	ZAR208.82	4.50%	0.489B
African Rainbow Minerals ARI.JO	ZAR181.85	0.65%	0.365B
Growthpoint Properties GRT.JO	ZAR17.65	0.34%	0.598B
Ninety One Group N91.L	ZAR46.82	0.19%	0.452B
Santam SNT.JO	ZAR399.80	0.37%	0.437B
The Foschini Group TFG.JO	ZAR65.10	1.50%	0.205B
Sappi SAP.JO	ZAR10.50	4.46%	0.064B
Tiger Brands TBS.JO	ZAR293.10	0.35%	0.428B
AVI Limited AVI.JO	ZAR99.00	0.64%	0.33B
Momentum Metropolitan MTM.JO	ZAR40.50	0.37%	0.522B
Dis-Chem Pharmacies DCP.JO	ZAR34.61	1.44%	0.296B
Redefine Properties RDF.JO	ZAR6.49	0.93%	0.453B
Pick n Pay Stores PIK.JO	ZAR20.73	1.24%	0.152B
Life Healthcare Group LHC.JO	ZAR10.39	0.86%	0.149B
DRDGOLD DRD	ZAR374.82	6.52%	32.51B
Telkom SA TKG.JO	ZAR60.99	0.21%	0.301B
Italtile ITE.JO	ZAR9.10	0.33%	0.108B
Lesaka Technologies LSAK	ZAR76.10	2.21%	6,524.53M