Business model
Capital inputs
Economic resources that fund our business, backed by a strong balance sheet that provides an ability to attract capital
Competitive advantage gained by our people through their knowledge and intellectual property together with our brand and reputation
The value we build through engagement, information sharing and working together with all stakeholders
The knowledge, skills, talents and experience of people that determine our capacity to accomplish goals
Our services capability, distribution centres, storage and handling facilities, branch network and other infrastructure that generates income
Ecosystems and natural assets, specifically, energy, fuel and water
We use our capital inputs to help us carry out activities that align to our vision:
To turn ordinary companies into extraordinary performers, delivering strong and consistent shareholder returns in the process, while understanding that people create wealth, companies only report it.
Strategic pillars
See Update on strategy for more details about our strategic performance
An intimate understanding of the factors that drive value enables us to identify areas of strategic focus to deliver value.
See Material focus areas, risks and opportunities for more details about our material matters and risks
Bidvest operates a diversified, highly entrepreneurial and decentralised model with teams that are empowered to grow their respective businesses. Transparency, excellence and innovation forms the basis of all business dealings.
Profit drivers
Revenue | Cost | |
Provision of business and financial services Handling and distribution of cargo and materials Provision and distribution of products Retailing of vehicles |
Employees and other stakeholders Sourcing, procurement and logistics Natural resources: energy, Capital expenditure Regulatory and compliance Exchange rates |
We accrue revenue from implementing our growth drivers across six core divisions
See Divisional reports for Divisional reviews

Capital outcomes
R9bn cash generated from operations.
2.1x net debt/EBITDA.
R167m spent on enterprise and supplier development.
Cleaned and decontaminated almost 2 794 schools in nationwide school readiness project.
Sponsored the launch of Woza Matric 2020, a free-to-air television education program aimed at grade 12 learners.
Succession and talent management resulted in 66% of management positions filled by black candidates.
Mpumi Madisa was appointed CEO 1 October.
R400m Bidvest COVID-19 fund supported the income of our employees that could not work during the national lockdown.
R1bn LPG project in Richards Bay commissioned successfully.
26% increase in “green” electricity used and 3% decrease in scope 1 emissions.
27% less water used over the past 5 years.
Recycled 200 000 tons of waste.