Business Groups in South Africa

Andrea Goldstein

in The Oxford Handbook of Business Groups

Published in print August 2010 | ISBN: 9780199552863
Published online September 2010 | | DOI:

Series: Oxford Handbooks in Business and Management

Business Groups in South Africa

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  • Business and Management
  • Organizational Theory and Behaviour
  • International Business



This article updates a previous analysis of the changing face and strategies of South African big business. In particular, it examines whether the group structure that characterized the country's business system under apartheid is now being used in the context of black economic empowerment. It presents an historical overview of the development of South African business groups and sketches the main policy developments since 1994 and their influence on groups. It also analyzes the case of Anglo-American and Rembrandt, by far South Africa's largest groups. Furthermore, it analyzes the recent rise of black groups in the broader framework of changing state–business relations. It concludes by framing the discussion in the broader pictures of the discussion on the transformation of corporate ownership in emerging economies and of the dynamics of economic growth and job generation in South Africa.

Keywords: South African business groups; policy developments; state–business relations; corporate ownership; economic growth

Article.  10177 words. 

Subjects: Business and Management ; Organizational Theory and Behaviour ; International Business

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