{"id":176453,"date":"2017-05-24T14:45:08","date_gmt":"2017-05-24T12:45:08","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=176453"},"modified":"2017-05-24T14:49:47","modified_gmt":"2017-05-24T12:49:47","slug":"the-biggest-companies-in-south-africa-in-2017","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/176453\/the-biggest-companies-in-south-africa-in-2017\/","title":{"rendered":"The biggest companies in South Africa in 2017"},"content":{"rendered":"

Forbes has released its annual Global 2000 list, ranking the biggest companies across the world \u2013 including those registered in South Africa.<\/p>\n

South Africa is represented by 10 companies on the global list, down from 13 in 2016.<\/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, with the final top 2000 list compiled based on a final, aggregated score.<\/p>\n

Standard Bank has once again been ranked as South Africa\u2019s biggest company – 421st\u00a0overall, but down quite significantly\u00a0from\u00a0317th in 2016.<\/p>\n

Steinhoff, the international retail holding company, dealing mainly in furniture and household goods<\/span>, which made a strong showing\u00a0on the list in 2016 as the second largest company in South Africa, dropped out of the top 2000 completely. It joins Aspen Pharmacare and RMB Holdings.<\/p>\n

FirstRand climbs two spots into second place, trailing just two places behind its banking counterpart on the global list.<\/p>\n

South African oil and energy group Sasol retained its third place in the local rank, followed by Naspers and Sanlam.<\/p>\n

Only three of the listed South African companies climbed Forbes’ list, while the rest declined – and in the case of MTN and Bid Corp (previously ranked as Bidvest) –\u00a0 substantially.<\/p>\n

Of the listed companies, only MTN reported a loss in the 2016 financial year.<\/p>\n

The biggest companies in South Africa:<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n
Rank<\/th>\nCompany<\/th>\nSales (US$bn)<\/th>\nProfits\u00a0(US$bn)<\/th>\nAssets\u00a0(US$bn)<\/th>\nMarket Value\u00a0(US$bn)<\/th>\n<\/tr>\n
421
\n<\/span><\/strong>(-104)<\/span><\/td>\n		Standard Bank Group<\/td>\n8.6<\/td>\n1.5<\/td>\n142.9<\/strong><\/td>\n15.9<\/td>\n<\/tr>\n
423
\n<\/span><\/strong>(+79)<\/span><\/td>\n		FirstRand<\/td>\n8.4<\/td>\n1.7<\/strong><\/td>\n86.3<\/td>\n18.2<\/td>\n<\/tr>\n
539
\n<\/span><\/strong>(-76)<\/span><\/td>\n		Sasol<\/td>\n11.8<\/strong><\/td>\n1.0<\/td>\n27.6<\/td>\n19.8<\/td>\n<\/tr>\n
655
\n<\/span><\/strong>(+25)<\/span><\/td>\n		Naspers<\/td>\n5.9<\/td>\n1.0<\/td>\n18.2<\/td>\n75.4<\/strong><\/td>\n<\/tr>\n
838
\n<\/span><\/strong>(-113)<\/span><\/td>\n		Sanlam<\/td>\n5.8<\/td>\n0.7<\/td>\n48.8<\/td>\n9.5<\/td>\n<\/tr>\n
1020
\n<\/span><\/strong>(-497)<\/span><\/td>\n		MTN Group<\/td>\n10.1<\/td>\n-0.2<\/td>\n19.6<\/td>\n16.6<\/td>\n<\/tr>\n
1454
\n<\/span><\/strong>(+43)<\/span><\/td>\n		Shoprite Holdings<\/td>\n9.4<\/td>\n0.3<\/td>\n4.0<\/td>\n7.9<\/td>\n<\/tr>\n
1786
\n<\/span><\/strong>(-239)<\/span><\/td>\n		Remgro<\/td>\n1.9<\/td>\n0.5<\/td>\n8.5<\/td>\n8.4<\/td>\n<\/tr>\n
1829
\n<\/span><\/strong>(-767)<\/span><\/td>\n		Bid Corp.<\/td>\n9.4<\/td>\n0.3<\/td>\n3.8<\/td>\n6.7<\/td>\n<\/tr>\n
1910
\n<\/span><\/strong>(-13)<\/span><\/td>\n		MMI Holdings<\/td>\n3.7<\/td>\n0.1<\/td>\n32.5<\/td>\n2.5<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n

You can read the full global list on Forbes<\/a><\/strong>.<\/p>\n

\n

Read:\u00a0The average take-home pay in South Africa right now<\/a><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Forbes has released its annual Global 2000 list, ranking the biggest companies across the world \u2013 including those from South Africa.<\/p>\n","protected":false},"author":10,"featured_media":176465,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[1896,26],"class_list":["post-176453","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-forbes","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/176453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=176453"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/176453\/revisions"}],"predecessor-version":[{"id":176461,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/176453\/revisions\/176461"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/176465"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=176453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=176453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=176453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}