To qualify for the Sunday Times Top 100 Companies Awards, JSE-listed businesses are required to hold a minimum market capitalisation of R5-billion as of Saturday, 31 August, with winners determined by the highest returns for their shareholders over a five-year period, based on a theoretical initial investment of R10 000, say the awards.

According to the Sunday Times, Alphamin Resource Corp's five-year compound annual growth rate (CAGR) of 39.6% for the period from Sunday, 1 September 2019 to Saturday, 31 August, means that R10 000 invested in 2019 would have delivered R53 976 in 2024. Grindrod Ltd realised an annual CAGR of 33.2% to deliver R41 879, while Pan African Resources returned R35 721 with a CAGR of 29% over the same five-year period.

Leadership Awards

The Business Leader of the Year Award acknowledges those who have made a significant contribution to the South African economy and is decided by CEOs of the Sunday Times Top 100 Companies from the previous year, say the awards. 

Sunday Times says that this year Standard Bank CEO Sim Tshabalala was celebrated by industry peers, recognising his leadership. Tshabalala joins an elite list of former recipients, including: 

  • Mpumi Madisa
  • Andrew Kirby
  • Adrian Gore
  • Michael Brown
  • Lesetja Kganyago
  • Pravin Gordhan
  • Dr Johan van Zyl
  • Dr Michael Jordaan
  • Gerrie Fourie, and
  • Phuthuma Nhleko.

The awards say that prominent businessman Dr Reuel Khoza was this year's recipient of the Lifetime Achiever Award. The award is decided by a high-profile independent panel, recognising an individual who consistently contributes to the South African economy. Dr Khoza will join the likes of Gloria Serobe, Patrice Motsepe, Dr Richard Maponya, Adrian Gore, Dr Johann Rupert, Allan Gray, Raymond Ackerman and Former President Nelson Mandela as previous recipients of the Sunday Times Top 100 Companies Lifetime Achiever Award. The award is decided by a high-profile independent panel, recognising an individual who consistently contributes to the South African economy.

Sunday Times concludes that the Sunday Times Top 100 Companies results were compiled by Valeo Capital. The results of the Sunday Times Top 100 Companies were published in the newspaper on Sunday, 24 November.

For more information, visit www.timeslive.co.za. You can also follow the Sunday Times on Facebook, X or on Instagram. 

*Image courtesy of contributor