The index also represents several sectors of South Africa’s business landscape, with the technology industry having the largest presence.<\/p>\n\n\n\n
Telecommunications, Healthcare, banking, and financial services also account for considerable weight in the index.<\/p>\n\n\n\n
While the majority of the companies on the Top 40 Index are based in South Africa, there are some international companies on the list.<\/p>\n\n\n\n
These companies are often represented on the JSE through a secondary listing, while being headquartered overseas.<\/p>\n\n\n\n
These international companies have managed to outperform the majority of JSE-listed companies, which numbered over 400 as of early 2026.<\/p>\n\n\n\n
Below are a handful of the notable international companies represented in the top 40 index. Share price data is based on the closing price on 28 October 2026.<\/p>\n\n\n\n
British American Tobacco<\/h2>\n\n\n\n![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/10\/British-American-Tobacco-BAT-1024x576.jpg\")
<\/a><\/figure>\n\n\n\nMarket cap: <\/strong>R2.15 trillion<\/p>\n\n\n\nShare price: <\/strong>100,022 cents<\/p>\n\n\n\nBritish American Tobacco was founded in 1902 in England as a joint venture between two tobacco companies.<\/p>\n\n\n\n
The company debuted on the JSE in October 2008 and quickly became one of the largest groups listed on the bourse.<\/p>\n\n\n\n
While British American is primarily listed in London, the business sought a secondary listing as part of a major restructuring.<\/p>\n\n\n\n
“BAT sought a secondary listing in Johannesburg as part of a restructuring under which Richemont and Remgro spun off their combined 30.1 percent stake, a move that made the Swiss firm Europe’s second biggest pure luxury specialist,” Reuters reported at the time<\/a>.<\/p>\n\n\n\nAnheuser-Busch InBev<\/h2>\n\n\n\n![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/07\/AB-InBev-1024x576.jpg\")
<\/a><\/figure>\n\n\n\nMarket cap: <\/strong>R2.4 trillion<\/p>\n\n\n\nShare price:<\/strong> 135,292 cents<\/p>\n\n\n\nAnheuser-Busch InBev (AB InBev) is the world’s largest brewing company, with roots dating back to the Den Hoorn Brewery in Belgium in the 14th century.<\/p>\n\n\n\n
The company made several mergers and acquisitions over its long history to become a powerhouse in the global drinks industry.<\/p>\n\n\n\n
Today, AB InBev has an international presence through brands such as Stella Artois, Corona, and Bud Light.<\/p>\n\n\n\n
The global powerhouse has its main listing on Euronext Brussels, Belgium’s main exchange, and took a secondary listing in South Africa in 2016.<\/p>\n\n\n\n
\n\n\n\nCompagnie Financi\u00e8re Richemont<\/h2>\n\n\n\n![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/10\/Richemont-1024x576.jpg\")
<\/a><\/figure>\n\n\n\nMarket cap:<\/strong> R1.8 trillion<\/p>\n\n\n\nShare price:<\/strong> 327,575 cents<\/p>\n\n\n\nCompagnie Financi\u00e8re Richemont (Richemont) is a Swiss luxury brand founded by South African billionaire Johann Rupert in 1988.<\/p>\n\n\n\n
The company was founded after international Remgro (formerly Rembrandt) assets were spun off, creating the luxury items group.<\/p>\n\n\n\n
Today, the company owns several high-class brands such as Cartier, Montblanc, and Gianvito Rossi, with a primary listing on the Swiss exchange and a secondary listing on the JSE.<\/p>\n\n\n\n
\n\n\n\nNEPI Rockcastle<\/h2>\n\n\n\n![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/10\/NEPI-Rockcastle-1024x576.jpg\")
<\/a><\/figure>\n\n\n\nMarket cap:<\/strong> R102.3 billion<\/p>\n\n\n\nShare price:<\/strong> 14,500 cents<\/p>\n\n\n\nNEPI Rockcastle was formed in 2017, after two real estate companies, Rockcastle and NEPI, merged to form the largest retail real estate group in Eastern Europe.<\/p>\n\n\n\n
The company is headquartered in the Netherlands and has an extensive property portfolio of shopping malls across Europe.<\/p>\n\n\n\n
Despite not owning or operating any retail assets in South Africa, the company has a primary listing on the JSE and a second primary listing on Euronext Amsterdam.<\/p>\n\n\n\n
\n\n\n\nProsus<\/h2>\n\n\n\n![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/03\/NASPERS-1024x576.jpg\")
<\/a><\/figure>\n\n\n\nMarket cap:<\/strong> R1.4 trillion<\/p>\n\n\n\nShare price:<\/strong> 63,121 cents<\/p>\n\n\n\nProsus is a technology investment group, originally formed by the South African company Naspers to house its international investments.<\/p>\n\n\n\n
The company is headquartered in the Netherlands and has its primary listing on the country’s exchange, with a secondary listing on the JSE.<\/p>\n\n\n\n
While the company is based overseas, it has several connections to South Africa through its parent company, including its chairman, Koos Bekker.<\/p>\n\n\n\n
\n\n\n\nGlencore<\/h2>\n\n\n\n![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/09\/glencore-south-africa-1024x576.jpg\")
<\/a><\/figure>\n\n\n\nMarket cap:<\/strong> R1.41 trillion<\/p>\n\n\n\nShare price:<\/strong> 11,994 cents<\/p>\n\n\n\nGlencore is a global mining and commodities giant, headquartered in Switzerland, with several ties to South Africa.<\/p>\n\n\n\n
The company operates in South Africa’s mining industry and controls Astron Energy, one of South Africa’s two oil refining companies.<\/p>\n\n\n\n
Early in its history, Glencore (formerly Marc Rich + Co) stirred controversy due to bypassing international trade sanctions in its deals with apartheid-era South Africa.<\/p>\n\n\n\n
Today, the company has a primary listing on the London Stock Exchange and gained a secondary listing on the JSE in 2013 following a merger with Xstrata.<\/p>\n\n\n\n
\n\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"
The JSE top 40 index is filled with South African companies, and some international giants trading in the country.<\/p>\n","protected":false},"author":131,"featured_media":855449,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"posted","_sma_x_autopost_error":"","_sma_x_post_id":"2117936150996267075","_sma_facebook_post_id":"191437357620492_2260502564770142","_sma_instagram_post_id":"18502334122097824","_sma_x_attempts":1,"footnotes":""},"categories":[9872],"tags":[10995,16204,9693,175,26978,15103],"class_list":["post-881872","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-ab-inbev","tag-bat","tag-glencore","tag-jse","tag-nepi-rockcastle","tag-prosus"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/881872","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\/131"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=881872"}],"version-history":[{"count":35,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/881872\/revisions"}],"predecessor-version":[{"id":882239,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/881872\/revisions\/882239"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/855449"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=881872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=881872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=881872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/10\/British-American-Tobacco-BAT.jpg\")
<\/a><\/figure>\n\n\n\nMarket cap: <\/strong>R2.15 trillion<\/p>\n\n\n\n Share price: <\/strong>100,022 cents<\/p>\n\n\n\n British American Tobacco was founded in 1902 in England as a joint venture between two tobacco companies.<\/p>\n\n\n\n The company debuted on the JSE in October 2008 and quickly became one of the largest groups listed on the bourse.<\/p>\n\n\n\n While British American is primarily listed in London, the business sought a secondary listing as part of a major restructuring.<\/p>\n\n\n\n “BAT sought a secondary listing in Johannesburg as part of a restructuring under which Richemont and Remgro spun off their combined 30.1 percent stake, a move that made the Swiss firm Europe’s second biggest pure luxury specialist,” Reuters reported at the time<\/a>.<\/p>\n\n\n\n Market cap: <\/strong>R2.4 trillion<\/p>\n\n\n\n Share price:<\/strong> 135,292 cents<\/p>\n\n\n\n Anheuser-Busch InBev (AB InBev) is the world’s largest brewing company, with roots dating back to the Den Hoorn Brewery in Belgium in the 14th century.<\/p>\n\n\n\n The company made several mergers and acquisitions over its long history to become a powerhouse in the global drinks industry.<\/p>\n\n\n\n Today, AB InBev has an international presence through brands such as Stella Artois, Corona, and Bud Light.<\/p>\n\n\n\n The global powerhouse has its main listing on Euronext Brussels, Belgium’s main exchange, and took a secondary listing in South Africa in 2016.<\/p>\n\n\n\n Market cap:<\/strong> R1.8 trillion<\/p>\n\n\n\n Share price:<\/strong> 327,575 cents<\/p>\n\n\n\n Compagnie Financi\u00e8re Richemont (Richemont) is a Swiss luxury brand founded by South African billionaire Johann Rupert in 1988.<\/p>\n\n\n\n The company was founded after international Remgro (formerly Rembrandt) assets were spun off, creating the luxury items group.<\/p>\n\n\n\n Today, the company owns several high-class brands such as Cartier, Montblanc, and Gianvito Rossi, with a primary listing on the Swiss exchange and a secondary listing on the JSE.<\/p>\n\n\n\n Market cap:<\/strong> R102.3 billion<\/p>\n\n\n\n Share price:<\/strong> 14,500 cents<\/p>\n\n\n\n NEPI Rockcastle was formed in 2017, after two real estate companies, Rockcastle and NEPI, merged to form the largest retail real estate group in Eastern Europe.<\/p>\n\n\n\n The company is headquartered in the Netherlands and has an extensive property portfolio of shopping malls across Europe.<\/p>\n\n\n\n Despite not owning or operating any retail assets in South Africa, the company has a primary listing on the JSE and a second primary listing on Euronext Amsterdam.<\/p>\n\n\n\n Market cap:<\/strong> R1.4 trillion<\/p>\n\n\n\n Share price:<\/strong> 63,121 cents<\/p>\n\n\n\n Prosus is a technology investment group, originally formed by the South African company Naspers to house its international investments.<\/p>\n\n\n\n The company is headquartered in the Netherlands and has its primary listing on the country’s exchange, with a secondary listing on the JSE.<\/p>\n\n\n\n While the company is based overseas, it has several connections to South Africa through its parent company, including its chairman, Koos Bekker.<\/p>\n\n\n\n Market cap:<\/strong> R1.41 trillion<\/p>\n\n\n\n Share price:<\/strong> 11,994 cents<\/p>\n\n\n\n Glencore is a global mining and commodities giant, headquartered in Switzerland, with several ties to South Africa.<\/p>\n\n\n\n The company operates in South Africa’s mining industry and controls Astron Energy, one of South Africa’s two oil refining companies.<\/p>\n\n\n\n Early in its history, Glencore (formerly Marc Rich + Co) stirred controversy due to bypassing international trade sanctions in its deals with apartheid-era South Africa.<\/p>\n\n\n\n Today, the company has a primary listing on the London Stock Exchange and gained a secondary listing on the JSE in 2013 following a merger with Xstrata.<\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" The JSE top 40 index is filled with South African companies, and some international giants trading in the country.<\/p>\n","protected":false},"author":131,"featured_media":855449,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"posted","_sma_x_autopost_error":"","_sma_x_post_id":"2117936150996267075","_sma_facebook_post_id":"191437357620492_2260502564770142","_sma_instagram_post_id":"18502334122097824","_sma_x_attempts":1,"footnotes":""},"categories":[9872],"tags":[10995,16204,9693,175,26978,15103],"class_list":["post-881872","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-ab-inbev","tag-bat","tag-glencore","tag-jse","tag-nepi-rockcastle","tag-prosus"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/881872","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\/131"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=881872"}],"version-history":[{"count":35,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/881872\/revisions"}],"predecessor-version":[{"id":882239,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/881872\/revisions\/882239"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/855449"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=881872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=881872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=881872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Anheuser-Busch InBev<\/h2>\n\n\n\n
<\/a><\/figure>\n\n\n\n
\n\n\n\nCompagnie Financi\u00e8re Richemont<\/h2>\n\n\n\n
<\/a><\/figure>\n\n\n\n
\n\n\n\nNEPI Rockcastle<\/h2>\n\n\n\n
<\/a><\/figure>\n\n\n\n
\n\n\n\nProsus<\/h2>\n\n\n\n
<\/a><\/figure>\n\n\n\n
\n\n\n\nGlencore<\/h2>\n\n\n\n
<\/a><\/figure>\n\n\n\n
\n\n\n\n