This conglomerate with stakes in financial services and freight hauling is tackling South Africa’s youth unemployment rate (57%). In 2017, Bidvest spent $42 million on skills development programs, focusing on the motor industry, management, and executive training. Much of the help went to black communities, where joblessness is severe; nearly 400 students have found work so far.
Company Information
| Impact Segment | Economic Opportunity/Financial Inclusion |
| Sector | Industrials |
| Industry | Conglomerate |
| CEO | Lindsay Peter Ralphs |
| Website | www.bidvest.com |
| Employees | 117,705 |
| Company Type | Public |
| Revenues ($M) (Last Fiscal Year) | $5,227 |
| Profits ($M) (Last Fiscal Year) | $351 |
| Market Value ($M) | $4,507 |