Capitec Bank Holdings scooped the coveted title as South Africa’s top company at the Sunday Times Top 100 Companies Awards banquet held at the Sandton Convention Centre in Johannesburg. Capitec won in 2010 and was ranked second last year.
Among the prestigious awards, two of the country’s top businessmen were also honoured: The Business Leader of the Year was awarded to Stephen Saad, Group CEO of Aspen Pharmacare; The Lifetime Achiever Award went to Bobby Godsell, Chair of Business Leadership South Africa and former CEO of AngloGold Ashanti.
The Sunday Times Corporate Social Investment Leadership Award was awarded to Sappi.
Top business leaders and government officials, including guest speaker Finance Minister Pravin Gordhan, were present at the event to celebrate the success of the top business leaders and top business performers of 2012.
Ray Hartley, editor of the Sunday Times says, “Unlike many other corporate rankings, the Sunday Times and Business Times Top 100 Companies rates companies by the extent to which they have increased the wealth of their shareholders. This year that honour goes to Capitec Bank Holdings.”
Riaan Stassen, CEO of Capitec Bank Holdings comments that, “The consistent Capitec Bank growth, on which this award is based, is a direct reflection of the client demand for our unique simplified bank offer.”
Business Leader of the Year is regarded by recipients as the ultimate accolade because nominees are chosen by their peers. This year’s winner, Stephen Saad, Group CEO of Aspen Pharmacare, was voted by the chief executives of the Top 100 Companies of 2011. He joins the ranks of previous winners Phuthuma Nhleko, Johann Rupert, Brian Joffe, Graham
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