Forbes has released its annual Global 2000 list, ranking the biggest companies across the world – including those from South Africa.<\/p>\n
In its 2016 ranking, 13 South African companies again made the list, with some significant movements among the top-ranked businesses.<\/p>\n
Forbes\u2019 2000 biggest companies listing is formulated by analyzing listed companies from across the world and ranking the top 2000 in four categories: sales, profits, assets and market value.<\/p>\n
Each company is given a score based on where they place on each respective list, and the final top 2000 list is compiled based on a final, aggregated score.<\/p>\n
Standard Bank has once again been ranked as South Africa’s biggest company,\u00a0ranked 317th overall, up from 326th in 2015.<\/p>\n
Standard Bank stands out among all South Africa for having the highest value in assets – $127.7 billion (R2 trillion) – far higher than its closest rival in that category, FirstRand, with $73.5 billion.<\/p>\n
The bank also recorded the highest profits at $1.9 billion (R29.8 billion), but was outdone by two other companies in the remaining metrics.<\/p>\n
Internet and media group Naspers has the highest market value by far at $60 billion (R940.6 billion), while RMB Holdings has the highest sales at $32 billion (R501.6 billion).<\/p>\n
Only three companies cracked the top 500 (one fewer than in 2015), with the majority of South African companies dropping in the ranking from their place in 2015.<\/p>\n
A big climber was Steinhoff International, which is now the second biggest company in South Africa (pushing Sasol to third) – while former number three, MTN, has dropped to fifth overall.<\/p>\n
[Conversions done at 1 USD = 15.68 ZAR]<\/em><\/p>\n Looking at the Global 2000, the ranking was once again led by Chinese banking group, ICBC.<\/p>\n The 2016 list features public companies from 63 countries that together account for $35 trillion in revenue, $2.4 trillion in profit, $162 trillion of assets, and have a combined market value of $44 trillion, Forbes said.<\/p>\n Across all four metrics, however, numbers are down from 2015, reflecting a global slowdown in growth and collapsing commodity prices.<\/p>\n This is the best business school in South Africa \u2013 and it\u2019s not UCT<\/a><\/strong><\/p>\n 9 things you need to know about small businesses in South Africa<\/a><\/strong><\/p>\n South Africa needs a black-owned bank: small business minister<\/a><\/strong><\/p>\nThe biggest companies in South Africa<\/h3>\n
\n\n
\n Rank<\/th>\n Company<\/th>\n Sales (US$bn)<\/th>\n Profits\u00a0(US$bn)<\/th>\n Assets\u00a0(US$bn)<\/th>\n Market Value\u00a0(US$bn)<\/th>\n<\/tr>\n \n 317<\/span><\/strong><\/td>\n Standard Bank Group<\/td>\n 15.4<\/td>\n 1.9<\/strong><\/td>\n 127.7<\/strong><\/td>\n 14.4<\/td>\n<\/tr>\n \n 440<\/span><\/strong><\/td>\n Steinhoff International<\/td>\n 13.3<\/td>\n 1.4<\/td>\n 25.1<\/td>\n 22.8<\/td>\n<\/tr>\n \n 463<\/span><\/strong><\/td>\n Sasol<\/td>\n 13.3<\/td>\n 1.4<\/td>\n 24.4<\/td>\n 20.9<\/td>\n<\/tr>\n \n 502<\/span><\/strong><\/td>\n FirstRand<\/td>\n 5.8<\/td>\n 1.7<\/td>\n 73.5<\/td>\n 18.5<\/td>\n<\/tr>\n \n 523<\/span><\/strong><\/td>\n MTN Group<\/td>\n 11.5<\/td>\n 1.6<\/td>\n 20.3<\/td>\n 18.9<\/td>\n<\/tr>\n \n 680<\/span><\/strong><\/td>\n Naspers<\/td>\n 6.4<\/td>\n 1.1<\/td>\n 13.3<\/td>\n 60.0<\/strong><\/td>\n<\/tr>\n \n 725<\/span><\/strong><\/td>\n Sanlam<\/td>\n 6.4<\/td>\n 0.7<\/td>\n 43.2<\/td>\n 10.5<\/td>\n<\/tr>\n \n 1062<\/span><\/strong><\/td>\n Bidvest Group<\/td>\n 15.1<\/td>\n 0.5<\/td>\n 6.6<\/td>\n 8.4<\/td>\n<\/tr>\n \n 1497<\/span><\/strong><\/td>\n Shoprite Holdings<\/td>\n 9.3<\/td>\n 0.3<\/td>\n 3.3<\/td>\n 6.7<\/td>\n<\/tr>\n \n 1529<\/span><\/strong><\/td>\n Remgro<\/td>\n 2.1<\/td>\n 0.6<\/td>\n 6.3<\/td>\n 9.3<\/td>\n<\/tr>\n \n 1590<\/span><\/strong><\/td>\n Aspen Pharmacare<\/td>\n 2.8<\/td>\n 0.5<\/td>\n 6.8<\/td>\n 10.1<\/td>\n<\/tr>\n \n 1652<\/span><\/strong><\/td>\n MMI Holdings<\/td>\n 5.3<\/td>\n 0.2<\/td>\n 29.0<\/td>\n 2.6<\/td>\n<\/tr>\n \n 1897<\/span><\/strong><\/td>\n RMB Holdings<\/td>\n 32.0<\/strong><\/td>\n 0.6<\/td>\n 2.5<\/td>\n 5.8<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n More on South Africa<\/h3>\n