Top companies in South Africa by market value
The 30 largest South African companies on the JSE by market value, from Naspers and Capitec to FirstRand, Standard Bank and MTN.
These are the 30 largest South African companies listed on the Johannesburg Stock Exchange (JSE), ranked by market value: the share price multiplied by the number of shares in issue. Figures are at the close on 13 November 2026, converted at R16.74 to the US dollar.
The list covers companies registered in South Africa. The JSE also hosts large foreign-registered companies with secondary or dual listings, such as Prosus, BHP, Anheuser-Busch InBev, British American Tobacco, Richemont, Glencore, Anglo American and AngloGold Ashanti. They are left out here because they are registered abroad, even though many are traded heavily in Johannesburg.
The 30 largest South African companies on the JSE
| # | Company | Ticker | Sector | Market value | US$ |
|---|---|---|---|---|---|
| 1 | Naspers | NPN | Media | R570bn | $34.0bn |
| 2 | Capitec Bank Holdings Limited | CPI | Banks | R558bn | $33.3bn |
| 3 | Gold Fields | GFI | Mining | R538bn | $32.1bn |
| 4 | FirstRand Limited | FSR | Banks | R536bn | $32.0bn |
| 5 | Standard Bank Group | SBK | Banks | R507bn | $30.3bn |
| 6 | MTN Group Ltd | MTN | Telecoms | R432bn | $25.8bn |
| 7 | Vodacom Group | VOD | Telecoms | R374bn | $22.4bn |
| 8 | Valterra Platinum Ltd | VAL | Mining | R302bn | $18.1bn |
| 9 | Absa Group Limited | ABG | Banks | R207bn | $12.3bn |
| 10 | Shoprite Holdings | SHP | Consumer Goods | R200bn | $11.9bn |
| 11 | Discovery | DSY | Insurance | R189bn | $11.3bn |
| 12 | Sanlam Limited | SLM | Insurance | R185bn | $11.1bn |
| 13 | Harmony Gold Mining Company | HAR | Mining | R165bn | $9.85bn |
| 14 | Impala Platinum Holdings | IMP | Mining | R161bn | $9.60bn |
| 15 | Sasol Limited | SOL | Chemicals and energy | R159bn | $9.48bn |
| 16 | BID Corporation Ltd | BID | Food service | R154bn | $9.19bn |
| 17 | OUTsurance Group Ltd | OUT | Insurance | R145bn | $8.69bn |
| 18 | Nedbank Group | NED | Banks | R139bn | $8.28bn |
| 19 | Remgro | REM | Investment holding | R113bn | $6.76bn |
| 20 | Sibanye-Stillwater | SSW | Mining | R106bn | $6.35bn |
| 21 | Northam Platinum Holdings | NPH | Mining | R97bn | $5.80bn |
| 22 | Bidvest Ltd | BVT | General Industrials | R85bn | $5.06bn |
| 23 | Aspen Pharmacare Holdings | APN | Pharmaceuticals | R80bn | $4.78bn |
| 24 | Kumba Iron Ore | KIO | Mining | R71bn | $4.23bn |
| 25 | Old Mutual Limited | OMU | Insurance | R69bn | $4.15bn |
| 26 | Pepkor Holdings | PPH | Consumer Goods | R69bn | $4.12bn |
| 27 | Exxaro Resources | EXX | Mining | R62bn | $3.69bn |
| 28 | Santam | SNT | Insurance | R56bn | $3.37bn |
| 29 | Momentum Metropolitan Holdings | MTM | Insurance | R53bn | $3.20bn |
| 30 | Mr Price Group | MRP | Consumer Goods | R49bn | $2.94bn |
What the list shows
- Naspers is the largest, through its stake in Tencent held via Prosus.
- Banks and insurers dominate the top 20: Capitec, FirstRand, Standard Bank, Absa and Nedbank, plus Discovery, Sanlam and OUTsurance.
- Gold and platinum miners have surged: Gold Fields, Valterra Platinum, Harmony, Impala and Northam are all in the top 30.
- Telecoms is a two-company sector: MTN Group and Vodacom.
How to check a South African company
The official register of South African companies is kept by the Companies and Intellectual Property Commission (CIPC). For listed companies, Fylings shows the legal entity identifier (LEI) record and any Government Gazette notices we hold. Search below, then confirm registration details with CIPC.
Questions
What is the biggest company in South Africa?
Among companies registered in South Africa, Naspers was the largest on the JSE on 13 November 2026, worth about R570bn ($34.0bn). Foreign-registered companies listed on the JSE, such as BHP and Prosus, are larger.
What is the biggest bank in South Africa by market value?
Capitec and FirstRand were close on 13 November 2026, each worth about R535bn to R560bn, ahead of Standard Bank.
Why are Prosus and BHP not on the list?
They are registered outside South Africa (Prosus in the Netherlands, BHP in Australia) and have secondary listings on the JSE. This list covers South African-registered companies only.
Where can I check if a South African company is registered?
The Companies and Intellectual Property Commission (CIPC) keeps the official register. Fylings shows LEI and Government Gazette records for South African companies.
Fylings (2026). “Top companies in South Africa by market value”. Fylings. https://fylings.com/blog/top-companies-in-south-africa
Free to quote with credit and a link. Writing a story? The Fylings data desk can pull figures for any company or country we cover.
Verify a company now
Search any company across our live registries, free, with the source on every record.