Top 10 Companies in South Africa 2016

Posted in Top Brand Lists, Total Reads: 192
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8. Bidvest

Majorly a services, trading and distribution company, the Group has investments in over 300 companies across five continents in the foodservice, broad services, trading and distribution industries.


Image: Wikimedia

By its decentralized management approach it enables employees seek for innovation & excellence to make key business decisions. Thereby it ensures delivering strong and consistent shareholders returns which is also evident from the group’s market capitalization of 8.4bn USD, which is way more than any of its competitors.

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With an employee base of 117,000 people the group aims at serving its clients and customers with a superior service experience. It believes in empowering people, building relationships and improving lives of the people.

Entrepreneurship, incentivization, decentralized management and communication are the keys to achieve its objectives thus the group practices a philosophy of transparency, accountability, integrity, excellence and innovation in all its business dealings. Bidvest has strong commitment on the fronts of corporate ethics. It has made its ethics line available for free and one can access it anonymously. The Protected Disclosures Act protects employees from being victimized, harassed or dismissed for "blowing-the-whistle" on wrongdoing in the workplace. It is continually striving to minimize the environmental impact of the group’s activities and leave the planet in good working order for future generations.

The company has expanded continuously by acquiring firms like Mvelaserve Limited, Aktaes Holdings, the Mansfield Group and Home of Living Brands. It has thus been able to expand its global footprint and make its global presence felt. The group has been bestowed with awards for excellence in service strategy. It has recently been recognized by Greene King for the services provided for their pubs and by Pizza Hut for the strategic planning for the Olympics and Paralympics Games held in London.

Sales (in bn $): 15.1

Profits (in bn$): 0.482

Assets (in bn $): 6.6