Gordhan named Sunday Times Business Leader of the Year

Finance Minister Pravin Gordhan, has been recognised as Business Leader of the Year at the prestigious 2016 Sunday Times Top 100 Companies Awards. Dr Johann Rupert was awarded the Sunday Times Lifetime Achievement Award, and CalgroM3 was announced as the Sunday Times Top Company for 2016.

The Sunday Times Top 100 Companies tracks the best-performing businesses on the JSE, acknowledging those with the highest shareholder returns over the past five years.

Gordhan said that the recognition by SA’s business leaders “exemplifies the fact that our wider message has now resonated with the business community. A message that says we are all in this together, that it’s up to us to change South Africa for the better – not just business people, but for all constituencies. It’s a recognition that we need an inclusive form of transformation, where all South Africans feel that they are part, not only of a process, but part of the beneficiaries of the process as well.”

Editor of the Sunday Times, Bongani Siqoko, said this year’s Top 100 Companies rankings prove two things, “… that no single sector of the JSE has outperformed another over the last five years, and that greater-than-usual volatility has become the new normal. Investors have had to be on their toes in choosing stocks that will outperform within each industry, but in general performance on the JSE seems to have gone back to primary roots, with companies that service basic demands – like housing, schooling and infrastructure – making their way to the head of the pack.”

In receiving the vote, Gordhan joins an elite list of prominent business leaders including Johan van Zyl, Michael Jordaan, Phuthuma Nhleko, Johann Rupert, Brian Joffe, Graham Mackay, Maria Ramos, Adrian Gore, Whitey Basson and Dr Christo Wiese.

“So I’m very grateful for this award, but I don’t see this as a personal thing. I think it’s a huge acknowledgement by the business community that we are in this together and that collectively we have the will to change South Africa into a better place,” Gordhan said.

Dr Johann Rupert, chairman of Swiss-based luxury-goods company Richemont and South Africa-based Remgro accepted the Sunday Times Top 100 Companies Lifetime Achievement Award in recognition of his contribution to the country’s economy. His success has been achieved with leadership that understands the value of creating a culture and tone that resonates with employees and customers, and is set right at the top in the head office, he says.“If you set the right culture for an organisation, then the loyalty that must go both ways can set in.”

This year, CalgroM3 Holdings (Pty) Ltd received the Sunday Times Top Company accolade, edging last year’s winner, Fortress Income Fund Limited into second place. Curro Holdings placed third.

Calgro M3 (JSE: CGR) is a property developer specialising in integrated developments aimed at the entry-level consumer. The company’s performance in the Sunday Times Top 100 Companies over the past five years shows that an initial investment of R10 000 in 2011 has achieved a value of R150 000 in 2016. The opening value of the share in 2011 was 120 cents, with a closing value of 1800 cents in 2016, and compound annual growth of 71.88%.

The Sunday Times Royal Companies are those which have placed in the top 20 positions of the Sunday Times Top 100 Companies for three consecutive years. In 2016, the companies that have maintained consistency include Coronation Fund Managers, EOH Holdings Limited, Naspers Limited, Mondi Group, New Europe Property Investments PLC and Afrimat Limited.

SUNDAY TIMES TOP 100 COMPANIES OVER FIVE YEARS (2011 – 2016)

2016 Position	Share name	Open (cents)	Close (cents)	Final value (Rand)	Compound annual growth
1	CALGRO M3 HOLDINGS	120	1800	150000	71.88
2	FORTRESS INCOME FUND – B	400	3406	100066	58.51
3	CURRO HOLDINGS	570	4171	73175	48.89
4	AFRIMAT	370	2281	70542	47.81
5	BRAIT SE	1759	11650	68758	47.05
6	NASPERS -N	37037	240600	66427	46.04
7	EOH HOLDINGS	2340	14375	65532	45.64
8	NEW EUROPE PROPERTY INVESTMENTS PLC	3400	16346	61097	43.62
9	MONDI PLC *	6170	29920	55831	41.05
10	TRUSTCO GROUP HOLDINGS	70	345	55047	40.65
11	CONDUIT CAPITAL	69	300	51303	38.68
12	CASHBUILD	9300	39025	48924	37.37
13	SUPER GROUP	850	4051	47659	36.66
14	RESILIENT REIT *	3270	11800	47377	36.49
15	CORONATION FUND MANAGERS	2048	6974	45125	35.17
16	BLUE LABEL TELECOMS	486	1905	44942	35.06
17	PSG GROUP	4498	18794	44773	34.96
18	TRADEHOLD	581	2545	44361	34.71
19	ASPEN PHARMACARE HOLDINGS	8350	35200	43908	34.43
20	TORRE INDUSTRIES	40	169	43381	34.11
21	STEINHOFF INTERNATIONAL HOLDINGS NV	2315	8822	43229	34.02
22	MEDICLINIC INTERNATIONAL	5120	19804	41151	32.70
23	FAMOUS BRANDS	4370	15200	39918	31.90
24	ITALTILE	435	1470	39803	31.82
25	RAND MERCHANT INVESTMENT HOLDINGS	1282	4180	39005	31.29
26	PEREGRINE HOLDINGS	995	2751	37118	29.99
27	OCEANA GROUP	3800	11600	36518	29.57
28	SABMILLER PLC	25818	84700	35926	29.15
29	MARSHALL MONTEAGLE PLC	610	1855	35812	29.06
30	BIDVEST GROUP	16301	15200	35350	28.73
31	CAPITEC BANK HOLDINGS	18725	58258	34507	28.11
32	BRITISH AMERICAN TOBACCO PLC	31466	91173	34221	27.90
33	AFROCENTRIC INVESTMENT CORP	175	500	33937	27.68
34	ADVTECH	560	1633	33676	27.49
35	ANGLOVAAL INDUSTRIES	3330	8900	33547	27.39
36	CLICKS GROUP	4100	12110	33282	27.19
37	DISCOVERY	3925	11984	32933	26.92
38	KAP INDUSTRIAL HOLDINGS	259	750	32632	26.69
39	NET 1 UEPS TECHNOLOGIES INC	4500	14250	31667	25.93
40	OLD MUTUAL PLC	1563	3716	31367	25.69
41	PIONEER FOODS GROUP	6100	17000	30995	25.39
42	CAPITAL & COUNTIES PROPERTIES PLC	1910	5720	30935	25.34
43	CONS INFRASTRUCTURE GROUP	856	2570	30023	24.59
44	HYPROP INVESTMENTS	5675	12856	29965	24.54
45	ZEDER INVESTMENT	244	683	29461	24.12
46	CITY LODGE HOTELS	6396	16200	29237	23.93
47	METROFILE HOLDINGS	200	508	29040	23.77
48	PAN AFRICAN RESOURCES PLC	155	362	29036	23.76
49	SPUR CORPORATION	1320	3182	29009	23.74
50	CAPEVIN HOLDINGS	390	965	28456	23.26
51	RMB HOLDINGS	2569	5870	28395	23.21
52	MPACT	1325	3249	27656	22.56
53	MR PRICE GROUP	7600	18447	27638	22.55
54	JSE	6907	15600	27466	22.39
55	SAPPI	2654	7241	27283	22.23
56	NETCARE	1369	3285	27239	22.19
57	SANLAM	2724	6248	27050	22.02
58	WESCOAL HOLDINGS	69	180	27041	22.01
59	FIRSTRAND	2038	4407	26908	21.89
60	LIFE HEALTHCARE GROUP	1749	3850	26735	21.74
61	PHUMELELA GAMING AND LEISURE	1055	2130	25830	20.90
62	REINET INVESTMENTS SCA	1260	3206	25802	20.87
63	REMGRO	11451	25171	25548	20.63
64	WOOLWORTHS HOLDINGS	3675	8064	25492	20.58
65	ONELOGIX GROUP	139	310	25336	20.43
66	HOLDSPORT	3150	6205	24528	19.66
67	OMNIA HOLDINGS	7945	17271	24265	19.40
68	MIX TELEMATICS	134	290	24030	19.17
69	HOWDEN AFRICA HOLDINGS	1400	3000	23626	18.76
70	SPAR GROUP	9527	19200	23603	18.74
71	SASFIN HOLDINGS	3400	6575	23169	18.30
72	TRANSPACO	1500	2750	22857	17.98
73	SA CORPORATE REAL ESTATE FUND	341	522	22816	17.94
74	DIPULA INCOME FUND B	580	900	22512	17.62
75	ARB HOLDINGS	323	605	22183	17.27
76	COMPAGNIE FIN RICHEMONT	4030	8516	22093	17.18
77	TSOGO SUN HOLDINGS	1600	3042	22082	17.17
78	GRAND PARADE INVESTMENTS	277	410	21715	16.78
79	DRD GOLD	389	744	21704	16.76
80	VODACOM GROUP	9287	15293	21665	16.72
81	OCTODEC INVESTMENTS	1580	2299	21509	16.55
82	CLIENTELE LIFE ASSURANCE	1000	1699	21390	16.42
83	BRIMSTONE INVESTMENT CORP-N	697	1300	21023	16.02
84	TIGER BRANDS – ORDINARY	20780	38152	20961	15.95
85	INVESTEC PLC	4989	8650	20883	15.87
86	PICK ‘N PAY STORES	3875	7369	20869	15.85
87	AFRICAN MEDIA ENTERTAINMENT	4425	8000	20754	15.72
88	SANTAM	13200	22200	20645	15.60
89	INVESTEC PROPERTY FUND	1040	1479	20644	15.60
90	TASTE HOLDINGS	109	213	20580	15.53
91	REDEFINE INTERNATIONAL PLC	635	838	20426	15.36
92	REDEFINE PROPERTIES	820	1102	20419	15.35
93	PINNACLE HOLDINGS	852	1620	20070	14.95
94	RAUBEX GROUP	1318	2235	20000	14.87
95	OASIS CRESCENT PROPERTY FUND	1296	1950	19536	14.33
96	COMBINED MOTOR HOLDINGS	1100	1620	19197	13.93
97	INTU PROPERTIES PLC	3830	6070	19032	13.74
98	CLOVER INDUSTRIES	1115	1905	18863	13.53
99	SHOPRITE HOLDINGS	11080	18850	18742	13.39
100	SOVEREIGN FOOD INVESTMENTS	480	826	18716	13.36

	* indicates where dividends were accrued