Skip to main content

The best-run companies in South Africa

| Awards and achievements

The inaugural Top 500 Awards were held at Melrose Arch on Tuesday (7 March) listing the best-managed companies cross over 100 different business sectors in South Africa.

The ranking uses a methodology designed in conjunction with the University of Cape Town’s Development Policy Research Unit. It covers three key metrics including financial performance, empowerment, and policy and accreditation.

According to the criteria, the winning companies have to not only excel in their specific sectors, but also have to have a strong set of social, empowerment and development policies in place.

Anglo American South Africa was awarded the top prize as the best-managed company in South Africa, beating out stiff competition from favourites Naspers, Zeder Investments and Woolworths.

Other big award winners included Mercedes Benz South Africa, Woolworths, Adcorp, Bidvest, EOH and Flight Centre.

Viewed collectively, the companies standing for awards comprised the majority of the regional economy, employing over 800,000 people and contributing a total of R109 billion towards economic growth every year, said Ralf Fletcher, CEO of Topco Media.

Their importance was echoed by keynote speaker home affairs minister, Malusi Gigaba, who emphasised the importance of reigniting economic growth and building a South Africa that is inclusive to all.

The full list of winners in the biggest award categories are detailed below.




Anglo American South African Ltd

Basic Industries

Engen Petroleum Ltd

General Industrials

Bidvest Group Ltd

Consumer Goods

Mercedes Benz South Africa

Healthcare and Pharmaceuticals

Discovery Health Medical Scheme


Woolworths Holdings Ltd


Flight Centre


Napsers Limited

Business Support Services

Adcorp Holdigs Limited


Bidvest Panalpina Logistics

Financial Services

Standar Bank of South Africa


EOH Holdings Limited

Overall winner

Anglo American South African Ltd



Pin It

Related Articles

Shoprite is News24's Company of the Year

This year's News24 Company of the Year is Shoprite Group, Africa's largest supermarket retailer. 

Makro makes history: Tallest trolley stacked in SA

Inspired by the iconic Makro Mood TV commercial, on Leap Day at the Centurion store, Makro partnered with renowned magician Wian van den Berg to stack the tallest trolley in SA in 3 hours, 6 minutes, and 6 seconds.  The event, which went live at ...

Massmart is officially a Top Employer…for the t...

On the 18th of January 2024, the Top Employers Institute announced Massmart as a Top Employer in South Africa for the third consecutive year, ranking the organisation in the 25-50th percentile of participating employers globally.

Meet the Shoprite Group’s top suppliers of the ...

Small suppliers Hope Sonic, Jacobs Jam and Crispe Cookies are among the exceptional suppliers honoured at the Shoprite Group's 2023 Supplier of the Year Awards. 

Woolworths notches up 13 wins at the World Chee...

In a display of excellence, a number of Woolworths' exceptional cheese suppliers racked up an array of impressive accolades at the prestigious World Cheese Awards. These included three gold, three silver and eight bronze awards. The ceremony was h...