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    This conglomerate with stakes in financial services and freight hauling is tackling South Africa’s youth unemployment rate (57%). In 2017, Bidvest spent $42 million on skills development programs, focusing on the motor industry, management, and executive training. Much of the help went to black communities, where joblessness is severe; nearly 400 students have found work so far.

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    Company Information

    Impact Segment
    Economic Opportunity/Financial Inclusion
    Sector
    Industrials
    Industry
    Conglomerate
    CEO
    Lindsay Peter Ralphs
    Websitehttp://www.bidvest.com
    Employees117,705
    Company Type
    Public
    Revenues ($M) (Last Fiscal Year)$5,227
    Profits ($M) (Last Fiscal Year)$351
    Market Value ($M)$4,507