BHP spinoff and Gupta Uranium enter our JSE Top 100 Companies list

By Alec Hogg

The proprietor of The New Age as he appeared in his own newspaper
Atul Gupta, Oakbay Resources chairman

As tomorrow marks the end of the first half of 2015, I’ve been working on the update of our JSE’s Top 100 Companies. There are some interesting changes since the end of 2014.

Biggest newcomer is the R91bn spinoff from BHPBilliton, South32, which made its JSE debut on May 18th. The company comes into the Top 100 at position 24, sandwiched between Shoprite and RMB Holdings. Its 43 year old CEO Graham Kerr is the 6th youngest of SA’s top 100 listings.

Even younger is the CEO of the other newcomer to the Top 100, 38 year old George van der Merwe of the Gupta-controlled uranium miner Oakbay Resources. Of the Top 100 CEOs, only PSG’s Piet Mouton is younger. With a market cap of R32bn, Oakbay is at 56th on the overall list.

Among the other new entrants into the Top 100 are two PSG subsidiaries – Curro (90th) and PSG Konsult (100th). Watch out for the updated list which will be published later this week.

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