Nampak (NPK) is Africa's largest packaging company, operating primarily in South Africa and ten other African countries. While 60% of its turnover originates in South Africa, the country contributes only 36% of its trading profit. The rest of Africa accounts for 59% of trading profit and 31% of turnover. Nampak also has a smaller presence in the UK and Ireland....
Lesaka (previously known as Net1 UEP Technologies), listed on the Nasdaq and JSE (LSK), is a fintech company offering payment solutions across multiple countries. Their Universal Electronic Payment System (UEPS) provides biometrically secure smart cards that facilitate real-time, offline transactions, enabling users to transact at any moment. In the third quarter...
Pan African Resources (PAN) is a gold producer listed on both the London and Johannesburg Stock Exchanges. With its Elikhulu plant, it is set to produce approximately 700,000 ounces of gold annually at a cost of roughly R450,564 per kilogram, against a current gold price near R1 million. Over its lifespan, the plant is projected to generate around R15 billion in...
Rhodes (RFG) is a Western Cape manufacturer of convenience foods, started by Cecil John Rhodes in 1896. It has several well-known South African brands like Bisto, Bull Brand, and Hinds. It operates 15 manufacturing plants in South Africa and a fruit processing plant in Swaziland. In its results for the year to 1st October 2023, the company reported revenue up...
The enX Group (ENX) is a "...diversified industrial group that provides branded products and services to the petrochemical, fleet management, logistics and industrial sectors." It includes Austro, which distributes wood-working equipment and tooling. Finally, it includes New Way Power, which manufactures, installs, and maintains diesel generators. Its fleet...
Sappi (SAP) is an international manufacturer specializing in paper, dissolving wood pulp (DWP), and paper pulp. The company supplies products to over 150 countries. DWP, a primary component used for clothing and packaging products, is crucial to Sappi's future profitability, although its price fluctuated sharply until demand from China surged in 2021. Civil unrest...
Santova (SNV) is an international logistics company with a presence across seven countries. The firm specializes in designing and managing global supply chain activities using a client-centric information system. This technology provides enhanced inventory management and more than just tracking and tracing services. Santova has offices in Southeast Asia (Thailand,...
Renergen (REN) brands itself as an "integrated alternative energy business" focused on renewable energy projects in Africa. Listed on the JSE in June 2015, the company has incurred consistent losses, contributing to its declining share price. Investing in liquefied natural gas (LNG) and helium, Renergen accessed additional funding through a R125 million rights...
Anheuser-Busch InBev (AB InBev), the world's largest brewer, operates in both developed and emerging markets. Listed on the JSE as ANH, the Brussels Stock Exchange as ABI, and the NYSE as BUD, AB InBev announced its intention to list its Asia-Pacific arm on the Hong Kong Stock Exchange to raise around $10 billion, with proceeds aimed at reducing debt. The company...
MultiChoice (MCG) is one of Africa's leading entertainment companies and one of the world's fastest-growing pay-TV broadcasters, with a subscriber base of 21.1 million across 50 countries. The 90-day active subscriber base is split between 8.9 million (42%) in South Africa and 12.2 million (58%) in the rest of Africa. MultiChoice was spun out of Naspers and listed...
Gold Fields (GFI) is a gold mining company that operates internationally, with only one mine in South Africa—South Deep. Acquired by Gold Fields in 2006, South Deep has been challenging to turn profitable, requiring a total investment of R32 billion (R22 billion purchase price and R10 billion development costs) over the past 14 years. Despite these difficulties,...
Combined Motor Holdings (CMH) operates 43 car dealerships, offering 28 brands such as Nissan, Volvo, Toyota, Opel, Subaru, Lexus, Mazda, Isuzu, and Ford. It sells both new and used vehicles, making it sensitive to economic conditions since consumers can extend the lifespan of their vehicles in times of recession. The company has planned significant cuts in its car...
East Plats (EPS) is a mining exploration and development company operating in the platinum group metals (PGM) and chrome markets in South Africa. Listed on both the Toronto Stock Exchange (TSX) and the JSE, the company has three key projects: 1. **Crocodile River Mine:** Ceased operations in 2012 and is now under care and maintenance. 2. **Zandfontein Tailings...
Redefine (RDF) is South Africa's second-largest real estate investment trust (REIT) after Growthpoint, with assets totaling R72.9 billion and a market capitalization of R25.1 billion. The company's portfolio is primarily composed of industrial and office properties, with significant investments in Poland, the UK, and Australia. As a REIT, Redefine is closely tied...
Calgro (CGR) is a developer specializing in large-scale integrated properties, rental units, and memorial parks. Established in 1995 and listed on the JSE in November 2007, the company identifies suitable land, develops it, and then sells or rents the resulting residential or memorial park units. Recently, it secured $25 million in funding to support new...
Accelerate Property (APF) is a real estate investment trust (REIT) with a portfolio of 56 properties valued at R12.7 billion. These are primarily retail (70%), with the rest consisting of office (15%) and industrial (15%) properties across six South African provinces. Its flagship property, which it co-owns with a 50% stake, is the expanded Fourways Mall, a...
The Netcare Group (NTC) operates healthcare facilities across South Africa and Lesotho. With 59 hospitals (including four public-private partnerships), it employs approximately 22,000 staff and manages 10,600 beds. Additionally, Netcare 911, its emergency response unit, operates from 79 locations with over 1,000 paramedics. While healthcare typically remains...
Mondi (MNP) is a major international paper and packaging company that originated in South Africa. It operates in over 30 countries and employs 26,000 people across roughly 100 sites. Its operations span the entire packaging value chain, managing forests and producing wood pulp, paper, and plastic films for various packaging solutions. The company has been impacted...