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Bidvest
The Bidvest Group Limited also known as Bidvest Group or Bidvest is a South African services, trading, and distribution company. History Bidvest was founded in 1988 by Brian Joffe and listed on the Johannesburg Stock Exchange in 1990. The Bidvest Group Limited has a corporate office in Johannesburg, South Africa, and employs approximately 132,870 people. The Bidvest Group Limited board comprises eleven members. In March 2019 Bidvest named current Executive Director Mpumi Madisa as CEO-designate. After the retirement of Lindsay Ralphs on 30 September 2020, Mpumi Madisa assumed the role of Bidvest CEO. See also *Bidvest Insurance *Bidvest Bank *Steinhoff International *Woolworths Holdings Limited Woolworths Holdings Limited () is a South African multinational retail company that owns the South African retail chain Woolworths, and Australian retailers David Jones and Country Road Group. Woolworths, however, has no association to Austr ... References {{Authority cont ...
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Bidvest Companies
The Bidvest Group Limited also known as Bidvest Group or Bidvest is a South African services, trading, and distribution company. History Bidvest was founded in 1988 by Brian Joffe and listed on the Johannesburg Stock Exchange in 1990. The Bidvest Group Limited has a corporate office in Johannesburg, South Africa, and employs approximately 132,870 people. The Bidvest Group Limited board comprises eleven members. In March 2019 Bidvest named current Executive Director Mpumi Madisa as CEO-designate. After the retirement of Lindsay Ralphs on 30 September 2020, Mpumi Madisa assumed the role of Bidvest CEO. See also *Bidvest Insurance *Bidvest Bank *Steinhoff International *Woolworths Holdings Limited Woolworths Holdings Limited () is a South African multinational retail company that owns the South African retail chain Woolworths, and Australian retailers David Jones and Country Road Group. Woolworths, however, has no association to Austr ... References {{Authority cont ...
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Bidvest Bank HQ
The Bidvest Group Limited also known as Bidvest Group or Bidvest is a South African services, trading, and distribution company. History Bidvest was founded in 1988 by Brian Joffe and listed on the Johannesburg Stock Exchange in 1990. The Bidvest Group Limited has a corporate office in Johannesburg, South Africa, and employs approximately 132,870 people. The Bidvest Group Limited board comprises eleven members. In March 2019 Bidvest named current Executive Director Mpumi Madisa as CEO-designate. After the retirement of Lindsay Ralphs on 30 September 2020, Mpumi Madisa assumed the role of Bidvest CEO. See also *Bidvest Insurance *Bidvest Bank *Steinhoff International *Woolworths Holdings Limited Woolworths Holdings Limited () is a South African multinational retail company that owns the South African retail chain Woolworths, and Australian retailers David Jones and Country Road Group. Woolworths, however, has no association to Austr ... References {{Authority cont ...
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Bidvest Insurance
Bidvest Insurance, a subsidiary of the Bidvest Group based in South Africa, is an authorised financial services provider in short-term insurance, specialising in personal and automotive value add insurance products. Bidvest Insurance is part of the Bidvest Financial Services division of the Bidvest Group. History The company was founded in 1997 as part of McCarthy Motor Holdings known as McCarthy Insurance Services 2004 Bidvest Group bought McCarthy Motor Holdings and McCarthy Insurance Services then became Bidvest Insurance falling under the Bidvest Financial Services division. Divisions Bidvest Insurance comprises * Affinity Channel * Direct Channel Affinity Channel This division is a financial services provider holding a full short term insurance licence. Bidvest Insurance is a short term insurer licensed to underwrite accident & health, liability, motor, miscellaneous, property, and transport insurance. Direct Channel Handre Pollard's R2 million insurance In 2015 ...
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Bidvest Bank
Bidvest Bank, (BVBL), is a business bank in the Republic of South Africa. It is licensed as a "locally-controlled bank" by the Reserve Bank of South Africa, the national banking regulator. It is a niche bank specialising in foreign exchange and providing retail banking, vehicle financing and insurance. History In 1998, the Bidvest Group acquired ''Rennies Foreign Exchange'', as part of the acquisition of the Rennies Group. In 2000, following the issuance of a banking license by the South African Reserve Bank, Rennies Foreign Exchange became ''Rennies Bank''. In 2007 Rennies Bank rebranded into ''Bidvest Bank''. The bank maintains over 140 retail banking outlets across South Africa. It is still heavily involved in meeting the banking needs of traveling businesspeople and tourists, but has a variety of retail banking products on its menu. Overview The bank is a 100% subsidiary of its parent company, Bidvest Group Limited (BVGL), a South African-based International business ...
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Mpumi Madisa
Nompumelelo Thembekile Madisa (born 1980), known as Mpumi Madisa, is a South African businesswoman. On 8 March 2019, she became CEO-designate of Bidvest Group, the first black and African female to be appointed CEO of the Johannesburg Stock Exchange top 40 company, seen as signalling a new advancement in gender transformation in business in South Africa. Early life and education Madisa was born in Mohlakeng, west of Gauteng in South Africa. She grew up in Sebokeng to the south of Johannesburg. She is one of four siblings. She had her primary and high school education at Sancta Maria Junior High and Mondeor High School respectively. She furthered at the Wits University where she changed her major from a science course to mathematics, statistics and economics. She now holds a bachelor's degree in Economics and Mathematics, a BComm honours degree in Economics and a master's degree in Finance and Investment, all from the Wits University. Career Right after completing her tertiary ...
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Johannesburg
Johannesburg ( , , ; Zulu and xh, eGoli ), colloquially known as Jozi, Joburg, or "The City of Gold", is the largest city in South Africa, classified as a megacity, and is one of the 100 largest urban areas in the world. According to Demographia, the Johannesburg–Pretoria urban area (combined because of strong transport links that make commuting feasible) is the 26th-largest in the world in terms of population, with 14,167,000 inhabitants. It is the provincial capital and largest city of Gauteng, which is the wealthiest province in South Africa. Johannesburg is the seat of the Constitutional Court, the highest court in South Africa. Most of the major South African companies and banks have their head offices in Johannesburg. The city is located in the mineral-rich Witwatersrand range of hills and is the centre of large-scale gold and diamond trade. The city was established in 1886 following the discovery of gold on what had been a farm. Due to the extremely large gold de ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Companies Based In Johannesburg
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Woolworths Holdings Limited
Woolworths Holdings Limited () is a South African multinational retail company that owns the South African retail chain Woolworths, and Australian retailers David Jones and Country Road Group. Woolworths, however, has no association to Australia's Woolworths supermarket chain. The South African Woolworths business consists of full-line fashion, home and beauty stores, many of which incorporate a premium food retail offering. Stand-alone food stores and "Food Stops" attached to Engen petrol stations are also located in urban areas. Woolworths operates 155 full line stores, 52 Fashion, Beauty and Home only stores and 194 food stand alone stores in South Africa, with 68 stores throughout the rest of Africa. Woolworths sells clothing and accessory items under a number of premium brands, namely Studio W, RE: and Edition, with the Group's Australian brands Country Road, Witchery and Trenery also represented. The Group's Australian-based specialty apparel and homewares retail subs ...
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Steinhoff International
Steinhoff International is a multinational holding company that is dual listed in Germany and South Africa. Its holdings are in the retail sector, primarily in furniture and household goods, and include a controlling stake in South Africa's Pepkor group. The company operates in Europe, Africa, Asia, the United States, Australia and New Zealand. It is well known for an accounting scandal which led to criminal charges against its former chief executive, Markus Jooste. History Steinhoff was founded in 1964 by Bruno Steinhoff in Westerstede, Germany. Bruno Steinhoff sourced furniture from communist countries in Europe, for resale in Western Europe. In 1997, Steinhoff acquired 35 per cent of Gommagomma, a furniture company based in South Africa, and prepared for a merger the following year. The company moved its headquarters to South Africa in 1998, attracted by the low production costs, and went public on the Johannesburg Stock Exchange that same year. The merged group was heade ...
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JSE Limited
JSE Limited (previously the JSE Securities Exchange and the Johannesburg Stock Exchange) is the largest stock exchange in Africa. It is located in Sandton, Johannesburg, South Africa, after it moved from downtown Johannesburg in 2000. In 2003 the JSE had an estimated 473 listed companies and a market capitalisation of US$182.6 billion (€158 billion), as well as an average monthly traded value of US$6.399 billion (€5.5 billion). As of March 2022, the market capitalisation of the JSE was at US$1.36 trillion. History The discovery of gold on the Witwatersrand in 1886 led to many mining and financial companies opening and a need soon arose for a stock exchange. The first share transactions on the Rand took place in a rustic canvas tent, with trade taking place on Sundays, as this was the only day when mining was not allowed, owing to a strictly enforced regulation prohibiting the entry of African workers to the gold reefs. The ''Johannesburg Exchange & Chambers Company'' was ...
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News24 (website)
News24 is an English-language South African news website created in October 1998 by the multinational media company, Naspers. Its team of approximately 100 journalists, led by editor-in-chief Adriaan Basson, are based in Cape Town, Johannesburg, Pretoria, Durban and Gqeberha. Its brands include Fin24, Sport24, Channel24, Health24, Arts24, Parent24, Wheels24, W24, Ride24 and Business Insider SA. News24 is owned by Media24, a South African media company, with interests in digital media and services, newspapers, magazines, e-commerce, book publishing, print and distribution. In August 2021, News24 launched a digital subscription service that offers premium investigative journalism, opinion, analysis and more to paying subscribers at R75 per month. It currently has more than 40 000 subscribers. History News24 was launched in October 1998 as part of Naspers’ new internet strategy under the company's new managing director at the time, Koos Bekker. According to the APP Annie's bu ...
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