“ The focus of our design speaks to the coming together of the Bidvest businesses to deliver on our commitment to the rebuilding of our South Africa in the global economy and delivering comprehensive, value-added solutions to customers. We are the sum of our parts and continue to move forward together and service our stakeholders as a unified whole”. #EmergingStronger

2020 Highlights



cash generated from operations
up 38%

Free cash flow of


a R1.4bn increase

Exceptional asset management during challenging times. Normalised

ROFE 23%


Mpumi Madisa
chief executive effective

1 October 2020

132 870


9 675


Read our 2020 Highlights

Reflecting on 2020

  • Chairman’s report
  • CEO’s report
  • CFO’s report

Chairman’s report

Chairman’s report

This first report back, following my appointment as chairman of Bidvest this year, is being written at a time of uncertainty and sadness. The scourge of COVID-19 continues to affect the entire nation. It has been a tragedy of epic proportions and sadly we continue to receive daily reports of ongoing infections and fatalities.

Read Chairman’s Full Report

Bonang Mohale

CEO’s report

CEO’s report

While Bidvest is familiar with change, we have never before faced the need for transformation at such a rapid rate – first, to support more than 130 000 employees in the Bidvest family through the COVID-19 pandemic and, at the same time, to ensure the success of our numerous initiatives to remain viable, competitive and future-fit.

Read CEO's Full Report

Lindsay Ralphs
Chief executive (retired 30 September)

CFO's report

CFO's report

Despite operating in an environment of muted economic growth, we entered this past financial year with strong momentum in our businesses and in the markets in which we operate. We traded well for nine months to March and were then impacted by COVID-19 and the stringent lock-down protocols. We responded quickly and decisively to the pandemic and realigned businesses accordingly, resulting in a strongly positioned balance sheet with an enhanced liquidity and cash flow profile.

Read CFO's Full Report

Mark Steyn
Chief financial officer

What we do

A leading business-to-business services, trading and distribution group operating in the areas of consumer, pharmaceutical and industrial products, financial services, freight management, office and print solutions, outsourced hard and soft services, travel services and automotive retailing. Listed on the JSE Limited and with its roots firmly established in South Africa, we consistently broaden our offering.


Integrated group overview Business model External operating environment

Our philosophy

Bidvest operates a diversified, highly entrepreneurial model with teams that are empowered to grow their respective businesses. Transparency, excellence and innovation underpins all our business dealings.


Our values





Governance Stakeholder relationships Value-added statement

How we do

Our Vision

Our vision is to turn ordinary companies into extraordinary performers, delivering strong and consistent shareholder returns in the process, understanding that people create wealth, companies only report it.

Our strategic pillars

The six divisions

  Maximise diverse portfolio


Branded Products


Commercial Products

Financial Services


Update on status of strategy Sustainability Material focus areas, risks and opportunities
circleIcon   Maintain strong financial position
circleIcon   Allocate capital to grow
circleIcon   Responsible stewardship