Bidvest Group

    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.

    Company Information

    Impact SegmentEconomic Opportunity/Financial Inclusion
    CEOLindsay Peter Ralphs
    Company TypePublic
    Revenues ($M) (Last Fiscal Year)$5,227
    Profits ($M) (Last Fiscal Year)$351
    Market Value ($M)$4,507